by Mike Duff | May 23, 2022 | Retail Articles
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...
by Mike Duff | May 20, 2022 | Retail Articles
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...
by Mike Duff | May 20, 2022 | Retail Articles
Although general merchandise sales slipped as consumers spent more on groceries and everyday needs, BJ’s had solid financial gains in the first quarter. Company net income was $112.5 million, or 82 cents per share, versus $81.6 million, or 59 cents per share, in the...
by Mike Duff | May 20, 2022 | Retail Articles
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,...
by Mike Duff | May 19, 2022 | Retail Articles
Many retailers overcame higher prices in April to show both monthly and year-over-year sales increases, the National Retail Federation announced. The United States Census Bureau has released overall retail sales for April, which were up 0.9% seasonally adjusted from...
