by Mike Duff | Dec 10, 2021 | Retail Articles
In its first fiscal quarter, Costco Wholesale Corp. was able to deal with supply chain issues successfully while also expanding e-commerce associated services and beating Wall Street estimates, the company stated. The company posted a net income of $1.32 billion, or...
by Mike Duff | Dec 9, 2021 | Retail Articles
Third-quarter net revenues at Restoration Hardware pushed over $1 billion as adjusted net income increased by a quarter. Net income was $184.1 million, or $5.88 per diluted share, versus $46.4 million, or $1.64 per diluted share, in the year-prior quarter, according...
by Mike Duff | Dec 6, 2021 | Retail Articles
Costco Wholesale Corp. for the fiscal month of November posted comparable sales, sans the effects of fuel price and foreign exchange volatility, up 9.2% with comps in the United States up 9.1%, in Canada up 7.6%, and in Other International regions up 11.3%. E-commerce...
by Mike Duff | Dec 3, 2021 | Retail Articles
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
by Mike Duff | Dec 3, 2021 | Retail Articles
Dollar General Corp., which beat third quarter Wall Street sales and earnings estimates, announced major growth plans, including the addition of 1,100 stores in 2022 and expansion of its higher-end pOpshelf concept to 1,000 locations by fiscal year end 2025. The...
