by Mike Duff | Nov 17, 2023 | Retail Articles
Wariness about purchasing big-ticket furniture and a promotional market environment hit Williams-Sonoma in the third quarter, according to the company. However, it still managed to beat a Wall Street earnings estimate. The company reported that net earnings were...
by Mike Duff | Nov 16, 2023 | Retail Articles
Despite posting year-over-year declines, Macy’s beat Wall Street estimates for the third quarter as the company prepares to emphasize its gifting assortment for the holiday season. Net income was $43 million, or 15 cents per diluted share, versus $108 million, or 39...
by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles
Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
by Mike Duff | Nov 15, 2023 | Retail Articles
In the third quarter, Ace Hardware Corp. reported record revenues of $2.29 billion, up 2.5% from the year-before period. The cooperative posted net income of $130 million versus $100.6 million, while net income attributable to Ace Corporation was $130.5 million versus...
by Mike Duff | Nov 15, 2023 | Featured News, Retail Articles
Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously. Net earnings for...