by Mike Duff | Mar 2, 2022 | Featured News, Retail Articles
Ross Stores surpassed $5 billion in sales in the fourth quarter, although earnings slipped versus fiscal 2019 while still beating a Wall Street estimate. Net earnings for the quarter were $366.8 million, or $1.04 per diluted share, versus $238 million, or 67 cents per...
by Mike Duff | Mar 1, 2022 | Retail Articles
After a period of contention with an activist investor, Kohl’s posted earnings gains that beat a Wall Street estimate even if the company fell short of revenues expectations, with macro issues hitting the top line. Net income for the quarter was $299 million, or $2.20...
by Mike Duff | Feb 25, 2022 | Featured News, Retail Articles
Wayfair posted a fourth-quarter loss that exceeded Wall Street expectations as it moves forward with big plans to open several physical stores. Wayfair’s net loss for the quarter was $202 million, or $1.92 per diluted share, versus net income of $24 million, or...
by Mike Duff | Feb 22, 2022 | Featured News, Retail Articles
At a time of leadership transition, Home Depot continues to roll on with strong fourth quarter sales, comparable sales and earnings results. Net earnings for the quarter were $3.35 billion, or $3.21 per diluted share, the company reported, compared with $2.86 billion,...
by Mike Duff | Feb 22, 2022 | Featured News, Retail Articles
Macy’s beat Wall Street estimates during a fourth-quarter that topped off a big fiscal year for the company that Macy’s Chairman and CEO Jeff Gennette said reflects strategic initiatives that are improving operations and performance. Macy’s net income for...
