by Mike Duff | Jun 3, 2022 | Retail Articles
In the first quarter, Restoration Hardware blew by Wall Street estimates as it continue expanding and updating operations Net income was $200.7 million, or $12.16 per diluted share versus $130.7 million, or $4.19 per diluted share, in the year-before quarter, the...
by Mike Duff | Jun 1, 2022 | Retail Articles
Consumers in the United States want to go back to their old, pre-pandemic shopping habits while maintaining those they developed while COVID-19 kept them homebound, according to a Consumer Pulse study by McKinsey & Co. More people across the country have...
by Mike Duff | Jun 1, 2022 | Retail Articles
Adjusted loss fell a penny short of a Wall Street estimate, but sales gained at Nordstrom department store and off-price banners in the first quarter. Nordstrom net earnings in the first quarter were $20 million, or 13 cents per diluted share, versus a net loss of...
by Mike Duff | May 27, 2022 | Retail Articles
An April slowdown dropped Big Lots to a loss in the first quarter as comparable sales fell into negative territory year over year. Big Lots reported a net loss of $11.1 million, or 39 cents per share, versus $94.6 million, or $2.62 per diluted share, in the year-past...
by Mike Duff | May 27, 2022 | Retail Articles
Even as it tried to mitigate price increases for members necessitated by inflationary pressures, Costco continued to produce earnings and comparable store gains in the third quarter. Company net income was $1.35 billion, or $3.04 per diluted share, versus $1.22...
