by Mike Duff | May 18, 2022 | Organization & Cleaning, Retail Articles
The Container Store’s fourth-quarter sales and earnings lagged year over year but were better on a two-year basis. For the fourth quarter, net income was $23.2 million, or 46 cents per diluted share, versus $35.1 million, or 69 cents per diluted share, in the...
by Mike Duff | May 18, 2022 | Featured News, Retail Articles
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
by Mike Duff | May 17, 2022 | Retail Articles
For the first quarter of fiscal 2022, The Home Depot reported net earnings of $4.23 billion, or $4.09 per diluted share, versus $4.15 billion, or $3.86 per diluted share, in the year-previous period. A Yahoo Finance-published analyst consensus estimate called for...
by Mike Duff | May 17, 2022 | Retail Articles
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
by Mike Duff | May 13, 2022 | Retail Articles
In the first quarter, Dillard’s clobbered a Wall Street earnings estimate as comparable sales jumped over 20%. Net income for the quarter was $251.1 million, or $13.68 per diluted share, the company reported, versus $158.2 million, or $7.25 per diluted share, in the...