by Mike Duff | Aug 24, 2023 | Retail Articles
Burlington Stores didn’t disappoint in the second quarter, beating a Wall Street earnings expectation and equaling a revenue prediction as it prepared to add new stores and to relocate stores into former Bed Bath & Beyond locations it secured in a bankruptcy...
by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
by Mike Duff | Jun 21, 2023 | Retail Articles
Ross Stores’ board of directors has initiated a leadership succession plan through an agreement with Vice Chair and CEO Barbara Rentler that will extend through March 31, 2027. Under the plan, Rentler, who became Ross Stores CEO in 2014, will continue in that...
by Mike Duff | Jun 20, 2023 | Retail Articles
The dd’s Discounts division of Ross Stores continues to add new locations, with multiple store openings slated for June 24. As part of its expansion initiatives, Ross reported will open a 17,000-square-foot dd’s Discount store in Salinas, CA; a 19,000-square-foot...
by Mike Duff | Jun 9, 2023 | Retail Articles
In the first quarter, Ollie’s beat Wall Street sales and earnings estimates, posted solid comp gains and kept adding stores. Net income was $31 million, or 50 cents per diluted share, versus $12.5 million, or 20 cents per diluted share, in the prior-year quarter....
