by Mike Duff | Nov 18, 2022 | Featured News, Retail Articles
Despite choppy demand, Williams-Sonoma registered a solid third quarter, delivering results that were a bit above expectations. Net earnings in the quarter were $251.7 million, or $3.72 per diluted share, versus $249.5 million, or $3.29 per diluted share, in the...
by Mike Duff | Nov 17, 2022 | Retail Articles
The luxury customer gave Macy’s a boost in the third quarter as the company’s prospects evolve given opportunities to leverage its upscale store concepts and execute against its omnichannel strategy with a mix of online and brick-and-mortar initiatives. Net income was...
by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
Kohl’s reported third-quarter results that beat earnings and revenue expectations, and the retailer’s independent chairman, Peter Boneparth, discussed qualities the company is seeking in a new CEO after Michelle Gass’ announced departure....
by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles
Lower sales from the HomeGoods operation proved a drag on TJX Cos. revenue in the third quarter, but the company still managed to beat a Wall Street earnings estimate. As it reported quarterly financials, the company announced it had promoted John Klinger to executive...
by Mike Duff | Nov 16, 2022 | Featured News, Retail Articles
Target experienced declining discretionary product purchasing in the third quarter, which hit earnings as customers shopped for everyday needs while shifting to bargain hunting for other goods. The company posted net earnings of $712 million, or $1.54 per diluted...
