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...
by Mike Duff | Mar 1, 2023 | Retail Articles
Lowe’s posted mixed results in the fourth quarter, with earnings above but revenues coming in short of Wall Street expectations, and the company announced it was boosting employee compensation. Net earnings were $957 million, or $1.58 per diluted share, versus $1.21...
by Mike Duff | Feb 24, 2023 | Retail Articles
As it reported fourth-quarter and full-year financial results, which beat a Wall Street earnings estimate despite being down year over year, Rent-A-Center announced it was changing its corporate name to Upbound Group, with its banners retaining their identities. Net...
by Mike Duff | Feb 23, 2023 | Retail Articles
With a change in focus to a home-only assortment and headwinds from consumer behavior changes and general economic conditions, Overstock suffered a loss for the fourth quarter, but the online retailer managed an adjusted net income gain for the full fiscal year...
by Mike Duff | Feb 21, 2023 | Retail Articles
Despite flat comparable store sales, Dillard’s drove earnings higher in Q4. Net income for the quarter was $289.2 million, or $16.89 per share, versus $321.2 million, or $16.61 per share, in the year-previous quarter, the company reported. A Yahoo-published analyst...
