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...
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...
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...
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...
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...