by Mike Duff | Nov 24, 2021 | Featured News, Retail Articles
Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. Third-quarter net income was $13.6 million, or 20 cents per diluted share, versus $8 million, or 12 cents...
by Mike Duff | Nov 23, 2021 | Retail Articles
Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter. The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
by Mike Duff | Nov 22, 2021 | Featured News, Retail Articles
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
Kohl’s made big gains in its third quarter, declared its Sephora shop roll out a success and worked to deal with supply-chain challenges. Kohl’s net income was $243 million, or $1.65 per diluted share, versus a net loss of $12 million, or eight cents per diluted...
by Mike Duff | Nov 18, 2021 | Featured News, Retail Articles
The third quarter was a good one for TJX Cos., which now is focused on promoting itself as a holiday gift destination with plenty of choices for gift-giving shoppers. The company posted net income in the quarter ended October 30 of $1.02 billion, or 84 cents per...
