by Mike Duff | Mar 21, 2024 | Retail Articles
The National Retail Federation has forecast that retail sales will advance between 2.5% and 3.5% in 2024 to between $5.23 trillion and $5.28 trillion. In 2023, retail sales grew 3.6% to $5.1 trillion, NRF noted, consistent with the 3.6% average annual growth in sales...
by Mike Duff | Mar 15, 2024 | Retail Articles
Ulta Beauty welcomed continued gains in the fourth quarter, which announced, even as the company issued financial results, that it is preparing to begin international expansion with a deal to enter Mexico. The company also noted that its partnership with Target Corp....
by Mike Duff | Mar 8, 2024 | Retail Articles
Burlington Stores beat Wall Street fourth-quarter earnings and revenue estimates. Net income was $227.5 million, or $3.53 per diluted share on a 14-week basis versus $185.2 million, or $2.83 per diluted share for the 13-week quarter in the year past. Adjusted net...
by Mike Duff | Mar 8, 2024 | Retail Articles
Second-quarter sales came up short of Wall Street estimates in Costco’s second quarter, but earnings easily beat forecasts, with strong appliance sales contributing to gains. The company reported that the net income for the quarter was $1.74 billion, or $3.92...
by Mike Duff | Mar 4, 2024 | Retail Articles
Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...
