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...
by Mike Duff | Aug 16, 2021 | Appliances, Retail Articles
Online appliance retailer 1847 Goedeker quadrupled its sales on an acquisition in the second quarter while posting profits after an income tax benefit. The company characterizes itself as an e-commerce destination for appliances, furniture and home goods, supplemented...
