by Mike Duff | Dec 1, 2022 | Retail Articles
Big Lots had a tough third quarter but vows it’s making progress on turning financials around. For the third quarter, Big Lots recorded a net loss of $103 million, or $3.56 per share, versus $4.3 million, or 14 cents per diluted share, in the year-prior period. With...
by Mike Duff | Nov 28, 2022 | Retail Articles
Despite posting an unadjusted loss, Nordstrom managed to beat a Wall Street estimate on adjusted sales in its third quarter while topping a revenue estimate at the same time. Nordstrom posted a net loss in the quarter of $20 million, or 13 cents per diluted share,...
by Mike Duff | Nov 22, 2022 | Retail Articles
Best Buy sales and earnings tumbled in the third quarter, but they still came in ahead of a Wall Street estimate. For the quarter, net earnings were $277 million, or $1.22 per diluted share, versus $499 million, or $2 per diluted share, in the year-earlier quarter,...
by Mike Duff | Nov 22, 2022 | Retail Articles
Consumers are looking to stretch budgets and Dollar Tree was a beneficiary in the third quarter as the company made changes to management, pricing and store standards to make it more competitive. Net income was $266.9 million, or $1.20 per diluted share, versus...
by Mike Duff | Nov 22, 2022 | Retail Articles
In reporting fiscal first-quarter sales, Tuesday Morning’s new CEO Andrew Berger, who replaced a retiring Fred Hand, faced a double-digit comparable sales decline and deeper losses. The company posted a net loss of $28.2 million, or 29 cents per diluted share,...
