by Mike Duff | May 22, 2024 | Retail Articles
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
by Mike Duff | May 17, 2024 | Retail Articles
For the first quarter, The Aaron’s Co. came up short of Wall Street estimates as the business turned to a loss. Net loss was $14.2 million, or 46 cents per diluted share, versus net earnings of $12.8 million, or 41 cents per diluted share, in the year-previous period,...
by Mike Duff | May 16, 2024 | Featured News, Retail Articles
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
by Mike Duff | May 15, 2024 | Retail Articles
For the first quarter, Ace Hardware Corp. reported higher revenues but lower profits as it looked to greater operating and interest expenses, it announced. The cooperative posted a company net income of $47.2 million versus $66.6 million in the year-earlier quarter....
by Mike Duff | May 14, 2024 | Retail Articles
In the first quarter, Home Depot beat Wall Street estimates on earnings but came up a bit short on revenues as it continues reconfiguring elements of the operation to align with business trends and market opportunities. Net earnings were $3.6 billion, or $3.63 per...
