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Kirkland’s Expects Turnaround After Difficult Q3

Kirkland’s Expects Turnaround After Difficult Q3

by Mike Duff | Dec 2, 2021 | Retail Articles

Macroeconomic effects hurt Kirkland in the third quarter, although the company points to two-year gains as evidence its turnaround is proceeding. The company posted net income of $7.2 million, or 51 cents per diluted share, versus $12.34 million, or 82 cents per...
Nordstrom Q3 Revenues Gain But Earnings Miss Estimate

Nordstrom Q3 Revenues Gain But Earnings Miss Estimate

by Mike Duff | Nov 24, 2021 | Retail Articles

Nordstrom earnings fell short of a Wall Street earnings estimate but beat a revenue forecast in its third quarter. Net earnings were $64 million, or 39 cents per diluted share, versus net earnings of $53 million, or 34 cents per diluted share, in the year-before...
Burlington Beats Street In Q3 Despite Supply Chain Pressure

Burlington Beats Street In Q3 Despite Supply Chain Pressure

by Mike Duff | Nov 24, 2021 | Featured News, Retail Articles

Freight and supply chain pressures hit the bottom line at Burlington Stores in its third quarter ended October 30 despite a double-digit comparable sales gain. Third-quarter net income was $13.6 million, or 20 cents per diluted share, versus $8 million, or 12 cents...
Best Buy Posts Q3 Wall Street Beat Despite Challenges

Best Buy Posts Q3 Wall Street Beat Despite Challenges

by Mike Duff | Nov 23, 2021 | Retail Articles

Although it has wrestled with supply chain and other challenges, Best Buy still managed to top Wall Street earnings and revenue estimates in the third quarter.​ The company posted net earnings of $499 million, or $2.00 per diluted share, versus $391 million, or $1.48...
Ross Beats Wall Street Estimates Despite Macro Pressures

Ross Beats Wall Street Estimates Despite Macro Pressures

by Mike Duff | Nov 22, 2021 | Featured News, Retail Articles

Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...
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