by Mike Duff | Feb 18, 2022 | Retail Articles
With inflation and supply chain issues having an effect, Ace Hardware Corp. drove sales higher in the fourth quarter but net income fell. Company net income was $9.9 million for the quarter versus $43.3 million in the year-previous period, Ace stated. The 3,400 Ace...
by Mike Duff | Feb 17, 2022 | Retail Articles
Walmart enjoyed a stellar fourth-quarter beating Wall Street on earnings as comparable sales made significant gains. In the fourth quarter, company net income was $3.56 billion, or $1.28 per diluted share, versus a net loss of $2.09 billion, or 74 cents per diluted...
by Mike Duff | Feb 14, 2022 | Retail Articles
The fourth quarter saw Newell brands post sales and earnings that beat Wall Street analyst estimates. Net income for the quarter was $96 million, or 22 cents per diluted share, versus $127 million, or 30 cents per diluted share, in the year-prior period, the company...
by Mike Duff | Feb 9, 2022 | Retail Articles
For the fourth quarter, CVS Health posted company income from continuing operations of 1.3 billion, or 98 cents per diluted share, versus $984 million, or 75 cents per diluted share, in the period a year earlier. Adjusted for one-time events, diluted earnings per...
by Mike Duff | Feb 4, 2022 | Retail Articles
According to Placer.ai’s Superstores Quarterly Index for Fourth Quarter 2021 consumer visits to superstores were up 6.8% in the period year over year, up 10.9% compared to the 2020 quarter, and up 5.7% compared to the 2019 period. The COVID-19 pandemic may even have...