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
In the first quarter, Lowe’s Cos. saw its comparable sales turn down in the consumer business but gain substantially on a two-year basis. The company posted net earnings of $2.33 billion, or $3.51 per diluted share, versus $2.32 billion, or $3.21 per diluted...
by Mike Duff | May 19, 2022 | Retail Articles
Sales and earnings at The TJX Corp. gained year over year but only earnings surpassed Wall Street estimates in the first quarter as HomeGoods comparable sales slipped based primarily, the company stated, on difficult comparisons. Net income was $587.5 million, or 49...
by Mike Duff | May 17, 2022 | Retail Articles
For the first quarter of fiscal 2022, The Home Depot reported net earnings of $4.23 billion, or $4.09 per diluted share, versus $4.15 billion, or $3.86 per diluted share, in the year-previous period. A Yahoo Finance-published analyst consensus estimate called for...
by Mike Duff | May 17, 2022 | Retail Articles
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
