by Mike Duff | Aug 29, 2022 | Retail Articles
The second quarter proved pretty comfortable for Dollar Tree as consumers who are dealing with inflation sought out its stores for low prices on key needs. Even as it announced second-quarter results, Dollar Tree reported that it had appointed Jeffrey Davis to the CFO...
by Mike Duff | Aug 25, 2022 | Retail Articles
Dollar General announced the promotion of John Garratt to president and CFO as the retailer posted a solid Q2 comparable sales increase. Garratt retains the CFO role while adding the president title. He joined Dollar General in 2014 as senior vice president, finance...
by Mike Duff | Aug 25, 2022 | Featured News, Retail Articles
Williams-Sonoma posted a double-digit comparable sales gain and a big earnings advance in its second quarter. Williams-Sonoma net earnings were $267.1 million, or $3.87 per diluted share versus $246.1 million, or $3.21 per diluted share, in the year-previous...
by Mike Duff | Aug 24, 2022 | Retail Articles
As it identified second quarter revenues as record-setting, Ace Hardware Corp. also posted net income that included a charge for the closure of The Grommet. Ace Hardware posted net income attributable to the company of $124.9 million for the quarter, up $116 million...
by Mike Duff | Aug 24, 2022 | Retail Articles
As has been the case with other retailers, Nordstrom has recently faced some inventory issues, but it managed sales and earnings gains in the second quarter, giving Wall Street a little surprise along the way. Net earnings were $126 million, or 77 cents per diluted...
