by Mike Duff | Feb 22, 2023 | Featured News, Retail Articles
The TJX Cos. net income topped $1 billion in the fourth quarter, although HomeGoods posted negative year-over comparable store sales against strong 2021 results when consumers were emerging from pandemic stay-at-home mandates. Net income was $1.04 billion, or 89 cents...
by Mike Duff | Feb 21, 2023 | Retail Articles
Despite flat comparable store sales, Dillard’s drove earnings higher in Q4. Net income for the quarter was $289.2 million, or $16.89 per share, versus $321.2 million, or $16.61 per share, in the year-previous quarter, the company reported. A Yahoo-published analyst...
by Mike Duff | Feb 21, 2023 | Featured News, Retail Articles
Walmart reported its fourth-quarter results beat Wall Street estimates as the company adjusted to economic conditions and won market share while preparing to modify operations further with additional emphasis on home and apparel categories. Walmart net income was...
by Mike Duff | Feb 21, 2023 | Retail Articles
Home Depot posted net earnings in its fourth quarter that beat Wall Street estimates despite a slight year-over-year decline in comparable sales. The retailer also announced a major investment in employee development and compensation. Net earnings for the fourth...
by Mike Duff | Feb 10, 2023 | Appliances, Bakeware, Cookware, Cutlery, Featured News, Food Storage, Kitchen Electrics, Retail Articles
Newell Brands announced that the company is making changes to its board and executive leadership as it posted a fourth quarter during which market conditions pressured sales and earnings. Robert Steele will become chairman of the Newell Brands board effective May 16...
