by Mike Duff | Nov 30, 2023 | Retail Articles
Despite tighter consumer spending, Kroger stated that the flexibility of its business model helped the company navigate the third quarter when it topped a Wall Street estimate on earnings and revenue. Company net earnings were $646 million, or 88 cents per diluted...
by Mike Duff | Nov 30, 2023 | Retail Articles
Big Lots, still trying to build traction on its turnaround, posted a third-quarter comp decline even as earnings and revenue exceeded or met a Wall Street estimate. The company also announced the appointment of former Burlington Stores executive Kristen Cox to senior...
by Mike Duff | Nov 29, 2023 | Retail Articles
Dollar Tree fell short of Wall Street estimates for revenues and earnings in the third quarter, but the retailer posted solid comp store sales and pointed to market share gains in a conference call. Net income was $212 million, or 97 cents per diluted share, versus...
by Mike Duff | Nov 27, 2023 | Retail Articles
Nordstrom beat a Wall Street estimate on earnings in the third quarter while falling short on revenue as the retailer winds down Canadian operations and deals with softer consumer spending. Net earnings were $67 million, or 41 cents per diluted share, versus a loss of...
by Mike Duff | Nov 27, 2023 | Retail Articles
While announcing substantial growth intentions, Burlington Stores posted third-quarter earnings and revenues just shy of a Wall Street estimate but with strong comparable sales growth. Net income was $48.6 million, or 75 cents per diluted share, versus $16.8 million,...
