by Mike Duff | Oct 9, 2024 | Retail Articles
According to an annual holiday purchase intentions consumer survey from Circana, consumer sentiment and intentions related to the 2024 holiday shopping season are improved versus the past two years but still fall short of 2021 levels in most cases. Most consumers in...
by Mike Duff | Sep 27, 2024 | Retail Articles
In the fourth quarter, Costco Wholesale Corp. had strong results in home-oriented categories and beat a Wall Street estimate on earnings, although revenues didn’t meet expectations. For the 16-week fiscal fourth quarter, net income was $2.35 billion, or $5.29 per...
by Mike Duff | Sep 26, 2024 | Retail Articles
Target Circle Week returns on October 6 for members of the retailer’s free-to-join loyalty program with savings of up to 50% off products ranging from Halloween costumes and candy to holiday gift items including toys to an array of housewares. Target noted...
by Mike Duff | Sep 4, 2024 | Retail Articles
Consumer reluctance to engage in discretionary spending resulted in Dollar Tree’s second quarter being short of expectations. Net income was $132.4 million and diluted earnings per share was 62 cents versus $200.4 million, or 91 cents per diluted share, in the...
by Mike Duff | Aug 30, 2024 | Retail Articles
Even as it expanded on its Target Corp. partnership, Ulta Beauty comps declined in the second quarter as earnings and sales fell short of Wall Street estimates. Net income was $252.6 million, or $5.30 per diluted share, versus $300.1 million, or $6.02 per diluted...