by Mike Duff | Aug 20, 2021 | Featured News, Retail Articles
Macy’s revealed in a conference call announcing strong second-quarter financials that it is preparing to introduce a new home private label focused on addressing social issues. Macy’s posted net income of $345 million, or $1.08 per diluted share, versus a net loss of...
by Mike Duff | Aug 19, 2021 | Retail Articles
Kohl’s characterized its second quarter as record-breaking as it beat Wall Street sales and earnings estimates. Net income was $382 million, or $2.48 per diluted share, versus $47 million, or 30 cents per diluted share, in the year-earlier period. Adjusted for...
by Mike Duff | Aug 19, 2021 | Retail Articles
The TJX Cos. continued their comeback in the second quarter, gaining traction as it emerges from a period of store closures due to the COVID-19 pandemic, with HomeGoods making an especially strong contribution. Net income was $785.7 million, or 64 cents per diluted...
by Mike Duff | Aug 18, 2021 | Retail Articles
Lowe’s Companies had a good second quarter despite a comparable store sales decline attributable to a comparison with an extra robust period in the 2020 period bolstered by the COVID-19 pandemic. The company posted net earnings of $3.02 billion and diluted...
by Mike Duff | Aug 18, 2021 | Retail Articles
Target was right on in the second quarter, beating Wall Street estimates and continuing gains in the home department even if advances moderated after strong increases in the 2020 period when many competitors were closed due to the COVID-19 pandemic. Target posted...
