by Mike Duff | May 27, 2022 | Retail Articles
As it faced fewer COVID-19 pandemic restrictions year over year, Ulta enjoyed double-digit comp gains and a big Wall Street analyst beat on earnings. Net earnings were $331.4 million, or $6.30 per diluted share, versus $230.3 million, or $4.10 per diluted share, in...
by Mike Duff | May 27, 2022 | Retail Articles
An April slowdown dropped Big Lots to a loss in the first quarter as comparable sales fell into negative territory year over year. Big Lots reported a net loss of $11.1 million, or 39 cents per share, versus $94.6 million, or $2.62 per diluted share, in the year-past...
by Mike Duff | May 26, 2022 | Retail Articles
Macy’s posted solid gains in the first quarter beating analyst sales and earnings estimates and posting double-digit comparable sales gains. Macy’s posted a first-quarter net income of $286 million, or 98 cents per diluted share, versus $103 million, or 32 cents per...
by Mike Duff | May 26, 2022 | Retail Articles
Pottery Barn and West Elm led Williams-Sonoma to a strong performance in the first quarter with each posting double-digit comparable sales. Net earnings were $254.1 million, or $3.50 per diluted share, versus $227.8 million, or $2.90 per diluted share, in the quarter...
by Mike Duff | May 25, 2022 | Home + Housewares
Sales and earnings slipped at Best Buy after the electronics buying binge that occurred during the height of the COVID-19 pandemic. Net earnings in the first quarter were $341 million, or $1.49 per diluted share, versus $595 million, or $2.32 per diluted share, in the...
