Tag: finance

March 14, 2017

An increase in revenue and comparable store sales helped Tilly’s beat analyst expectations for the fourth quarter. For the period ended January 28, 2017, Tilly’s revenue was $160.2 million, an increase from $159.1 million last year. Net sales also topped […]

March 10, 2017

Ulta Beauty on Thursday reported a stellar fourth quarter that shows why many consider it one of the hottest retailers in the United States. The beauty products retailer also said it would open approximately 100 net new stores in 2017, […]

March 9, 2017

Teen apparel retailer Express said Wednesday that fourth quarter net sales fell 11% to $678.8 million from $765.6 million in the year-ago quarter. Same-store sales fell 13% in Q4 2016, and e-commerce sales rose 9% to $170.1 million, accounting for […]

March 3, 2017

The Kroger Co. has broken its impressive record of 52 consecutive quarters of same-store sales growth. The supermarket giant on Thursday posted an unexpected decline in fourth-quarter same-store sales on Thursday amid ongoing food price deflation and increased competition. Kroger’s […]

March 2, 2017

The Conference Board announced a new high for consumer confidence in February, which reached its highest level since July 2001. The index now stands at 114.8, up from 111.6 in January. “Consumer confidence increased in February and remains at a […]

March 1, 2017

American Eagle Outfitters, Inc. (NYSE:AEO) today reported EPS of $0.30 for the fourth quarter and $1.16 for the year ended January 28, 2017. Excluding asset impairment, restructuring and related charges of $0.09 per diluted share, the company’s adjusted EPS were […]

March 1, 2017

In the wake of a disappointing quarter, Target Corp. is making long-term investments in its future. The discounter plans to spend $7 billion in cash during the next three years as it lowers its prices and invests in its stores, […]

February 24, 2017

A jolly holiday season helped Gap Inc. post fourth-quarter earnings and sales that beat expectations, leading to speculation that the chain’s turnaround may be starting to take hold. The nation’s largest apparel retailer reported net income of $220.0 million, or […]

February 24, 2017

Wayfair on Thursday said that fourth quarter direct retail net revenue through its five e-commerce sites rose 40% year over year to $959 million, with Q4 total net revenue increasing 33.1% year over year to $984.6 million. The e-commerce home […]

February 21, 2017

The Board of Directors of Wal-Mart Stores, Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2018 of $2.04 per share, an increase of 2 percent from the $2.00 per share paid for the last fiscal year. The […]

February 16, 2017

Retail sales sizzled in January, beating expectations. Even the struggling department store sector managed to beat the odds. Retail sales, excluding automobiles and gasoline, grew 0.4% in January, according to the National Retail Federation. (The numbers exclude automobiles, gasoline stations […]

February 8, 2017

The rising cost of Sears Holding Corp.’s debt load is imperiling funds the embattled retailer needs to finance its years-long turnaround effort, according to data from financial research firm IHS Markit cited by The Wall Street Journal. Insuring $10 million […]

February 2, 2017

Retailers, trade organizations and business leaders are teaming up and taking steps to stop the border adjustable tax proposal. The Retail Industry Leaders Association (RILA) joined more than 120 other trade associations and businesses to launch “Americans for Affordable Products,” […]

February 1, 2017

Despite a volatile global retail environment, Coach increased sales and profits for its fiscal second quarter. The luxury handbag and accessories retailer reported revenue of $1.32 billion for the quarter ended December 31, 2016, up 4% from $1.27 billion last […]

January 25, 2017

According to a survey by the National Federation of Independent Business, the overwhelming majority of small businesses believe they can double their sales and increase their workforce within five years, and 83 percent think expanding would be a positive experience […]

December 12, 2016

When you earn the lion’s share of your profits during the holiday season, there are two big questions small retailers should be asking themselves: 1. Did I adequately prepare for my holiday business? 2. What can I do if holiday […]

November 28, 2016

Bed Bath & Beyond hopes its newest acquisition will help it “get personal” with its shoppers. The home goods retailer has acquired PersonalizationMall.com, a pure play retailer that creates customized merchandise and gifts, for approximately $190 million in cash. Bed […]

November 23, 2016

Urban Outfitters posted sales and earnings for its third quarter that failed to meet analysts expectation amid a traffic slowdown and increased promotions at its Anthropologie and Free People stores. Urban Outfitters earned $47 million, or 40 cents a share, […]

November 18, 2016

Staples Inc. on Thursday reported earnings for its third quarter in line with its expectations but revenue fell short of forecasts as same-store sales fell. Earnings came in at $179 million, or 27 cents a share, compared with $198 million, […]

November 14, 2016

Nordstrom delivered a strong performance in its fiscal third quarter even as a hefty charge related to its Trunk Club business ate into its profit. Total net sales rose 7.2% to a better-than-expected $3.5 billion from $3.2 billion a year […]