by Mike Duff | Mar 30, 2023 | Retail Articles
Amid economic uncertainty, luxury home merchandise retailer Restoration Hardware had a difficult fourth quarter with earnings and revenues coming in well short of expectations. For the quarter, RH posted net income of $106.9 million, or $4.21 per diluted share, versus...
by Mike Duff | Mar 24, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings finished its latest complete fiscal year with a solid finish, beating Wall Street estimates on sales and earnings. Net income totaled $53.1 million, or 85 cents per diluted share, versus $44.7 million, or 71 cents per diluted share, in...
by Mike Duff | Mar 16, 2023 | Featured News, Retail Articles
Williams-Sonoma, conceding a difficult fourth quarter, still managed to make some headway in the period and fiscal year, with the last frame beating a Wall Street earnings estimate even as revenues came up short. Net earnings were $355 million, or $5.28 per diluted...
by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
by Mike Duff | Mar 9, 2023 | Retail Articles
A strong fourth quarter helped Publix post solid financial gains in 2022. Net earnings for the three months ended December 31, 2022, were $1.3 billion, or 38 cents per share, versus $1.1 billion, or 31 cents per share, in the year-earlier period, adjusted for the...