by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
by Mike Duff | Aug 17, 2023 | Featured News, Retail Articles
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
by Mike Duff | Aug 10, 2023 | Retail Articles
Despite posting lower sales and earnings, Dillard’s did better than Wall Street expected in the second quarter. Net income was $131.5 million, or $7.98 per diluted share, versus $163.4 million, or $9.30 per diluted share, in the year-previous quarter, the company...
by Mike Duff | Aug 9, 2023 | Retail Articles
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
by Mike Duff | Aug 4, 2023 | Retail Articles
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
