by Mike Duff | Aug 17, 2023 | Featured News, Retail Articles
Operating and net income gains at Walmart exceeded revenue growth in the second quarter, satisfying a previously announced company priority of driving return on investment faster than sales and, ultimately, profits while also ushering in a beat on Wall Street...
by Mike Duff | Aug 15, 2023 | Retail Articles
Home Depot beat Wall Street second-quarter financial estimates, although consumers wary of discretionary spending in an uncertain economy took on smaller do-it-yourself projects while making fewer large remodeling commitments. Net earnings for the second quarter of...
by Mike Duff | Aug 10, 2023 | Retail Articles
Despite posting lower sales and earnings, Dillard’s did better than Wall Street expected in the second quarter. Net income was $131.5 million, or $7.98 per diluted share, versus $163.4 million, or $9.30 per diluted share, in the year-previous quarter, the company...
by Mike Duff | Aug 9, 2023 | Retail Articles
The ODP Corp., parent of Office Depot, beat a Wall Street earnings estimate, although second-quarter revenue didn’t meet expectations. Net income from continuing operations was $34 million, or 87 cents per diluted share, versus $20 million, or 39 cents per diluted...
by Mike Duff | Aug 9, 2023 | Retail Articles
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
