Inflation Boosts Ace Q1 Comps

Inflation Boosts Ace Q1 Comps

In the first quarter, coop Ace Hardware reported inflation impacted financial results as it pushed an average ticket gain and, with it, comparable sales. Ace also announced that it had once again earned J.D. Power’s highest ranking for customer satisfaction...
Ross Falls Short in Q1 on Late Downturn

Ross Falls Short in Q1 on Late Downturn

Sales at Ross Stores slid as the first fiscal quarter progressed leading to a comp decline and earnings shortfall. First-quarter net earnings were $338.4 million, or 97 cents per diluted share, versus $476.5 million, or $1.34 per diluted share, in the period a year...
Kohl’s Troubles Continue with Q1 April Downturn

Kohl’s Troubles Continue with Q1 April Downturn

After its board and management survived a proxy fight with an activist investor, Kohl’s Corp. announced that the first quarter was another struggle for the company. Net income was $14 million, or 11 cents per diluted share, versus $14, or nine cents per diluted share,...

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