by Mike Duff | Feb 27, 2025 | Retail Articles
After missing Wall Street’s fourth-quarter estimates, ODP Corp., which operates Office Depot and OfficeMax, announced a new growth plan that includes deemphasizing retail operations in favor of business-to-business. For the quarter, net income from continuing...
by Mike Duff | Feb 26, 2025 | Retail Articles
TJX Cos posted a strong finish to its fiscal year with comparable sales and earnings gaining during the fourth quarter to top Wall Street expectations. Net income was $1.4 billion, or $1.23 per diluted share, versus $1.4 billion, or $1.22 per diluted share, in the...
by Mike Duff | Sep 27, 2024 | Retail Articles
In the fourth quarter, Costco Wholesale Corp. had strong results in home-oriented categories and beat a Wall Street estimate on earnings, although revenues didn’t meet expectations. For the 16-week fiscal fourth quarter, net income was $2.35 billion, or $5.29 per...
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...
