by Mike Duff | Aug 29, 2023 | Retail Articles
As the consumer electronics sector continues to struggle, Best Buy posted second-quarter comparable sales and earnings declines that still managed to come in ahead of Wall Street estimates. Net earnings were $274 million, or $1.25 per diluted share, versus $306...
by Mike Duff | Aug 29, 2023 | Retail Articles
Big Lots did better than analysts anticipated in the second quarter although sales and comparable sales declines were significant. The company posted a net loss of $249.8 million, or $8.56 per diluted share, for the second quarter versus $84.2 million, or $2.91 per...
by Mike Duff | Aug 28, 2023 | Retail Articles
As it winds down its Canadian operations, Nordstrom managed a big earnings beat and a smaller one on revenues. Net earnings were $137 million, or 84 cents per diluted share, versus $126 million, or 77 cents per diluted share, in the year-before quarter, the company...
by Mike Duff | Aug 25, 2023 | Appliances, Personal Care & Wellness, Retail Articles
As self care continues to resonate with consumers, Ulta Beauty posted another solid quarter of sales and earnings while noting growing sales from new beauty appliance developments. Net income by Ulta in its second quarter was $300.1 million, or $6.02 per diluted...
by Mike Duff | Aug 24, 2023 | Retail Articles
Burlington Stores didn’t disappoint in the second quarter, beating a Wall Street earnings expectation and equaling a revenue prediction as it prepared to add new stores and to relocate stores into former Bed Bath & Beyond locations it secured in a bankruptcy...