by Mike Duff | Apr 1, 2024 | Retail Articles
In the fourth quarter, Restoration Hardware sales and earnings slid, but CEO Gary Friedman insisted that the company has positioned itself for growth. Net income was $11.4 million, or 57 cents per diluted share, versus $106.9 million, or $4.21 per diluted share, in...
by Mike Duff | Mar 20, 2024 | Retail Articles
The Nordstrom family may be moving to take their namesake company private after beating Wall Street in the fourth quarter. The Reuters news service reported that Nordstrom has contacted investment banks Morgan Stanley and Centerview Partners to query private equity...
by Mike Duff | Mar 15, 2024 | Retail Articles
Ulta Beauty welcomed continued gains in the fourth quarter, which announced, even as the company issued financial results, that it is preparing to begin international expansion with a deal to enter Mexico. The company also noted that its partnership with Target Corp....
by Mike Duff | Mar 14, 2024 | Retail Articles
Dollar General beat a fourth-quarter Wall Street estimate, although net income declined even as comps edged higher. The company reported net income of $401.8 million, or $1.83 per diluted share, versus $659.1 million, or $2.96 per diluted share, in the year-before...
by Mike Duff | Mar 4, 2024 | Retail Articles
Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...