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Albertsons Posts Solid Q3 After Kroger Merger Fails

Albertsons Posts Solid Q3 After Kroger Merger Fails

by Mike Duff | Jan 10, 2025 | Retail Articles

In announcing third quarter financial results, Vivek Sankaran, Albertsons Cos. CEO, stated that the company had positioned itself for future growth, despite a planned merger with The Kroger Co. falling through due to opposition from United States Federal and a group...
Helen of Troy Q3 Earnings Exceed Wall Street Expectations As Restructuring Continues

Helen of Troy Q3 Earnings Exceed Wall Street Expectations As Restructuring Continues

by Mike Duff | Jan 8, 2025 | Appliances, Home + Housewares, Home Environment, Kitchenware, Personal Care & Wellness, The Inspired Home Show 2022

For the third quarter, Helen of Troy beat a Wall Street estimate, although net income and sales declined. Net income was $49.6 million versus $75.9 million, while diluted earnings per share was $2.17 versus  $3.19 in the year-previous quarter. Adjusted for one-time...
Ross Q3 Momentum Slowed By Weather, Execution Issues

Ross Q3 Momentum Slowed By Weather, Execution Issues

by Mike Duff | Nov 22, 2024 | Retail Articles

Headwinds limited Ross Stores’ gains in the third quarter, the company reported, even as its customers remain wary of discretionary spending. Net earnings for the quarter were $488.8 million, or $1.48 per diluted share, versus $447.3 million, or $1.33 per...
BJ’s Q3 Gains with Progress Made in GM Operations

BJ’s Q3 Gains with Progress Made in GM Operations

by Mike Duff | Nov 21, 2024 | Retail Articles

In the third quarter, BJ’s earnings beat a Wall Street estimate and comparable store sales advanced as the general merchandise business stabilized. The company pointed out that its membership fees would increase at the start of 2025. Net income in the quarter was...
Williams-Sonoma Touts Holiday Newness After Beating Q3 Expectations

Williams-Sonoma Touts Holiday Newness After Beating Q3 Expectations

by Mike Duff | Nov 20, 2024 | Retail Articles

Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
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