by Mike Duff | Apr 1, 2024 | Retail Articles
In the fourth quarter, Restoration Hardware sales and earnings slid, but CEO Gary Friedman insisted that the company has positioned itself for growth. Net income was $11.4 million, or 57 cents per diluted share, versus $106.9 million, or $4.21 per diluted share, in...
by Mike Duff | Mar 21, 2024 | Home + Housewares, Retail Articles
In the fourth quarter, Kirkland’s Home turned a profit and beat Wall Street estimates. Net income in the 14-week fourth quarter was $10.1 million, or 78 cents per diluted share, versus a net loss of $3.8 million, or 30 cents per diluted share, in the 13-week...
by Mike Duff | Mar 13, 2024 | Retail Articles
Although the fourth quarter wasn’t smooth sailing for the company, Williams-Sonoma beat Wall Street earnings and revenue forecasts. Net earnings for the final quarter were $354.4 million, or $5.44 per diluted share, versus $355 million, or $5.28 per diluted share, in...
by Mike Duff | Mar 8, 2024 | Retail Articles
Burlington Stores beat Wall Street fourth-quarter earnings and revenue estimates. Net income was $227.5 million, or $3.53 per diluted share on a 14-week basis versus $185.2 million, or $2.83 per diluted share for the 13-week quarter in the year past. Adjusted net...
by Mike Duff | Mar 8, 2024 | Retail Articles
In announcing fourth quarter financial results, Rodney McMullen, Kroger chairman and CEO, also defended the merger that the company is pursuing with Albertsons Cos., saying it will be good for households in the United States and for employees as well. Company net...