by Mike Duff | Feb 3, 2023 | Retail Articles
Although store closings weighed on financial results, Sally Beauty comparable sales gained as the company topped Wall Street estimates. GAAP net earnings in the first quarter were $50.3 million, or 46 cents per diluted share, versus $68.8 million, or 60 cents per...
by Mike Duff | Feb 3, 2023 | Retail Articles
In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
by Mike Duff | Jan 27, 2023 | Featured News, Retail Articles
Bed Bath & Beyond has defaulted on its debt, the company reported in a 10-Q filing with the United States Securities and Exchange Commission, and the company is considering financing alternatives, again warning that it may have to file for bankruptcy. In a...
by Mike Duff | Jan 26, 2023 | Retail Articles
In the fourth quarter, Tractor Supply posted solid numbers as the company continued pursuing its growth strategy and got a little help from Old Man Winter. Net income increased to $270.9 million from $221.3 million, and diluted earnings per share increased to $2.43...
by Mike Duff | Jan 10, 2023 | Retail Articles
As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...