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Burlington Q1 Sales, Earnings Gain As It Adjusts to Tariff Pressure

Burlington Q1 Sales, Earnings Gain As It Adjusts to Tariff Pressure

by Mike Duff | May 29, 2025 | Retail Articles

In the first quarter, Burlington Stores beat Wall Street on earnings but just missed on revenues, although both metrics gained year over year. CEO Michael O’Sullivan reaffirmed guidance, maintaining that the company can handle tariff pressure on margins. Net income...
Consumers Aim To Buy Ahead of Possible Tariff Upcharges

Consumers Aim To Buy Ahead of Possible Tariff Upcharges

by Mike Duff | May 27, 2025 | Retail Articles

A majority of recently surveyed shoppers revealed they are purchasing products in advance of potential price increases prompted by higher import duties. According to a survey from tech-driven financial services provider Bread Financial, 44% of consumers are saving...
Ross Revises Earnings Guidance in Face of Tariffs After Strong Q1

Ross Revises Earnings Guidance in Face of Tariffs After Strong Q1

by Mike Duff | May 23, 2025 | Retail Articles

Ross Stores reported it exceeded Wall Street expectations in the first quarter while revising sales and earnings guidance citing the impact of tariffs and ongoing inflation. Net income was $479.2 million or $1.47 per diluted share, versus $488 million, or $1.46 per...
Survey: Consumer Tariff Awareness Could Trigger Brand Switching

Survey: Consumer Tariff Awareness Could Trigger Brand Switching

by Mike Duff | May 22, 2025 | Retail Articles

Consumers are highly aware of tariffs, and that could impact brand loyalty, according to a survey by Wunderkind, an AI-powered marketing services platform. Of consumers surveyed by Winderkind, 52% said they were very aware and 29% said they were somewhat aware of the...
BJ’s Anticipates Minimal Tariff Impact as Q1 Sales, Earnings Gain

BJ’s Anticipates Minimal Tariff Impact as Q1 Sales, Earnings Gain

by Mike Duff | May 22, 2025 | Retail Articles

BJ’s first-quarter sales and earnings rose year over year, although revenue growth missed expectations as the company maintained its financial guidance for the year despite tariffs. In a conference call, BJ’s reiterated its full-year outlook saying that tariff impact...
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