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Albertsons Q1 Sales Up, Profits Down As Digital Drives Growth

Albertsons Q1 Sales Up, Profits Down As Digital Drives Growth

by Mike Duff | Jul 15, 2025 | Retail Articles

In the first quarter, Albertsons Cos. posted an identical sales gain and topped Wall Street’s earnings and revenue estimates, but profits declined. Net income was $236.4 million, or 41 cents per diluted share, versus $240.7 million, or 41 cents per diluted...
RH Beats Q1 Earnings Forecast, Maintains Annual Guidance

RH Beats Q1 Earnings Forecast, Maintains Annual Guidance

by Mike Duff | Jun 13, 2025 | Retail Articles

After a first quarter when earnings exceeded analyst estimates, Restoration Hardware stated that it is holding the line on annual guidance, even if it expects to take a bit of a revenue hit in Q2. Net income was $8 million, or 40 cents per diluted share, versus a net...
Best Buy Reduces Guidance but Earnings Top Wall Street Estimates

Best Buy Reduces Guidance but Earnings Top Wall Street Estimates

by Mike Duff | May 29, 2025 | Retail Articles

Best Buy lowered company guidance for the fiscal year as it announced that in the first quarter, comparable sales decreased in stores, but earnings did better than Wall Street expected. Net earnings were $202 million, or 95 cents per diluted share, versus $246...
Kohl’s Sees Turnaround Taking Hold with Q1 Beat, Reaffirmed Guidance

Kohl’s Sees Turnaround Taking Hold with Q1 Beat, Reaffirmed Guidance

by Mike Duff | May 29, 2025 | Retail Articles

As its Sephora rollout nears completion, Kohl’s reaffirmed guidance for the year after posting better-than-expected first-quarter financial results. Kohl’s indicated that the priorities it has set in categories across the store, including home, are beginning to...
CEO Donigan Departs Rite Aid, Burr Named Interim Chief

CEO Donigan Departs Rite Aid, Burr Named Interim Chief

by Mike Duff | Jan 9, 2023 | Retail Articles

In a sudden revelation, Heyward Donigan is departing Rite Aid where she was president, CEO and a board member, the company announced, adding that it has appointed Elizabeth “Busy” Burr interim CEO effective immediately. Rite Aid stated that the company has initiated a...
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