by Mike Duff | May 29, 2025 | Retail Articles
Best Buy lowered company guidance for the fiscal year as it announced that in the first quarter, comparable sales decreased in stores, but earnings did better than Wall Street expected. Net earnings were $202 million, or 95 cents per diluted share, versus $246...
by Mike Duff | May 29, 2025 | Retail Articles
As its Sephora rollout nears completion, Kohl’s reaffirmed guidance for the year after posting better-than-expected first-quarter financial results. Kohl’s indicated that the priorities it has set in categories across the store, including home, are beginning to...
by Mike Duff | May 29, 2025 | Retail Articles
In the first quarter, Burlington Stores beat Wall Street on earnings but just missed on revenues, although both metrics gained year over year. CEO Michael O’Sullivan reaffirmed guidance, maintaining that the company can handle tariff pressure on margins. Net income...
by Mike Duff | May 21, 2025 | Retail Articles
Although sales and earnings slipped in the first quarter, Lowe’s Cos. topped a Wall Street estimate and reaffirmed its guidance, saying it was in a good position to deal with tariffs and associated economic challenges. The company posted net earnings of $1.64 billion,...
by Mike Duff | May 21, 2025 | Retail Articles
As it deals with tariffs and a tough consumer environment, Target said it now expects a slight sales decline in fiscal 2025 after missing Wall Street first quarter estimates but maintained that the company had initiatives in place to address the headwinds it faces....
