by Mike Duff | Dec 9, 2022 | Retail Articles
Costco made solid gains in the first quarter of its fiscal year with comparable store sales and profits both up but fell short of Wall Street revenue and earnings estimates. Net income for the quarter was $1.36 billion, or $3.07 per diluted share, versus $1.32...
by Mike Duff | Dec 7, 2022 | Retail Articles
At its 2022 Analyst and Investor Conference, Lowe’s Cos. is providing an update on its key growth initiatives including the company’s plans for growth across its five focus areas. The growth initiatives include deepening Pro penetration, accelerating the...
by Mike Duff | Dec 5, 2022 | Retail Articles
Ulta Beauty had an attractive third quarter, beating Wall Street estimates on sales and earnings as consumers kept spending to look their best. Net income was $274.6 million, or $5.34 per diluted share, versus $215.3 million, or $3.94 per diluted share, in the...
by Mike Duff | Dec 2, 2022 | Retail Articles
Dollar General sailed through the third quarter despite internal supply chain challenges. The company posted a net income of $526.2 million, or $2.33 per diluted share, versus $487 million, or $2.08 per diluted share, in the 2021 quarter. Dollar General beat a Yahoo...
by Mike Duff | Dec 2, 2022 | Retail Articles
As it continues to highlight its digital efforts, Kroger posted sales and earnings that exceeded Wall Street expectations. Company net earnings were $398 million, or 55 cents per diluted share, versus $483 million, or 64 cents per diluted share, in the year-before...
