by Mike Duff | Aug 23, 2024 | Retail Articles
Despite financial pressure on a core shopper coping with the effects of inflation, Ross Stores posted higher than anticipated sales and earnings for the second quarter. Net earnings were $527.1 million, or $1.59 per diluted share, versus $446.3 million, or $1.32 per...
by Mike Duff | Aug 23, 2024 | Retail Articles
At a time when home improvement companies are facing consumers who are budgeting closely and making fewer discretionary purchases, Ace Hardware reported lower second-quarter earnings and declining comparable sales. In the quarter, the company’s net income was...
by Mike Duff | Aug 13, 2024 | Retail Articles
Comps advanced in the third quarter at Sally Beauty as sales and earnings beat a Wall Street estimate. Net earnings were $37.7 million, or 36 cents per diluted share, versus $50.8 million, or 46 cents per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...
by Mike Duff | Aug 7, 2024 | Retail Articles
The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
