by Mike Duff | Feb 2, 2024 | Retail Articles
In a strong finish to the year, Amazon easily beat Wall Street estimates as sales in North America advanced to double digits and the region turned to profits. In announcing its financial results, Amazon maintained that generative artificial intelligence would be a...
by Mike Duff | Feb 1, 2024 | Retail Articles
Soft discretionary demand and weaker cold weather business lead to declines in fourth-quarter earnings and comparable store sales at Tractor Supply Co., although profits exceeded a Wall Street estimate. Net income slipped to $247.9 million, or $2.28 per diluted share,...
by Mike Duff | Nov 21, 2023 | Appliances, Personal Care & Wellness, Retail Articles
Soft trends in consumer and stylist demand contributed to Sally Beauty Holdings falling short of Wall Street estimates in the fourth quarter. Net earnings in the quarter were $42.6 million, or 39 cents per diluted share, versus $21.3 million, or 20 cents per diluted...
by Mike Duff | Apr 20, 2023 | Retail Articles
Rite Aid narrowed adjusted loss in the fourth quarter but was short of Wall Street expectations even as sales surpassed an analyst estimate. For the quarter, Rite Aid announced that it lost $241.3 million, or $4.39 per diluted share, versus a loss of $389.1 million,...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...