by Mike Duff | Aug 30, 2022 | Retail Articles
Although total sales beat a Wall Street estimate, Kirkland’s Home suffered significant second-quarter comparable sales and earnings declines and now is working on bolstering inventory and liquidity positions. Net loss in the quarter was $25.7 million, or $2.02 per...
by Mike Duff | Jun 16, 2022 | Retail Articles
Strong identical store sales helped propel The Kroger Co. to a Wall Street beat in the first quarter as the company continues expanding its digital operations. Company net earnings were $664 million, or 90 cents per diluted share, versus $140 million, or 18 cents per...
by Mike Duff | Jun 8, 2022 | Retail Articles
In a financial outlook, Tractor Supply Co. stated that it is currently forecasting second-quarter net sales growth of 8% and comparable sales growth of 5% versus the year-prior period as well as diluted earnings per share of $3.48 or greater. If they come in as...
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
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...