by Mike Duff | Jan 5, 2023 | Featured News, Retail Articles
Bed Bath & Beyond announced in a financial update that it might not be able to proceed as a “going concern” after recurring losses and negative cash flow from operations for the nine months ended November 26, 2022, as well as current cash and liquidity...
by Mike Duff | Dec 21, 2022 | Retail Articles
The third quarter spelled losses for Rite Aid Corp. but the company did beat Wall Street estimates as front-end comparable sales advanced. Third quarter net loss was $67.1 million, or $1.23 per share, compared to a net loss of $36.1 million, or 67 cents per share, in...
by Mike Duff | Dec 12, 2022 | Retail Articles
As it revealed third-quarter financial results that topped expectations, Restoration Hardware also announced a pair of acquisitions and the addition of an executive to head up a new media operation. The company has acquired Dmitriy & Co., a to-the-trade custom...
by Mike Duff | Dec 5, 2022 | Retail Articles
Ulta Beauty had an attractive third quarter, beating Wall Street estimates on sales and earnings as consumers kept spending to look their best. Net income was $274.6 million, or $5.34 per diluted share, versus $215.3 million, or $3.94 per diluted share, in the...
by Mike Duff | Dec 2, 2022 | Retail Articles
Dollar General sailed through the third quarter despite internal supply chain challenges. The company posted a net income of $526.2 million, or $2.33 per diluted share, versus $487 million, or $2.08 per diluted share, in the 2021 quarter. Dollar General beat a Yahoo...