by Mike Duff | Aug 7, 2024 | Retail Articles
The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
by Mike Duff | Jul 23, 2024 | Retail Articles
For the first quarter, Albertsons Cos. narrowly missed an earnings estimate but beat one on revenues as the company keeps operating as it pursues its merger with The Kroger Co. The merger has experienced opposition from the United States Federal Trade Commission but...
by Mike Duff | Jun 3, 2024 | Retail Articles
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
by Mike Duff | May 23, 2024 | Retail Articles
The first quarter at BJ’s Wholesale Club brought earnings and comparable store sales growth along with better results from home-related merchandise. Net income was $111 million, or 83 cents per diluted share, versus $116.1 million, or 85 cents per diluted share, in...
by Mike Duff | May 22, 2024 | Retail Articles
First-quarter Williams-Sonoma earnings soundly beat analyst forecasts, but company comparable sales fell. The company stated that net earnings were $265.7 million, or $4.07 per diluted share, versus $156.5 million, or $2.35 per diluted share, in the year-earlier...