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...
by Mike Duff | Nov 14, 2023 | Retail Articles
Home Depot sales and earnings, despite year-over-year declines, beat a Wall Street estimate in the third quarter as CEO Ted Decker said strategic initiatives to improve customer experience should power the company forward. Net earnings were $3.81 billion, or $3.81 per...
