This author has yet to write their bio.Meanwhile lets just say that we are proud jlong contributed a whooping 1816 entries.
Target Q4 comp sales +20.5% “…comparable traffic growth of 6.5 percent and a 13.1 percent increase in average ticket. Store comparable sales increased 6.9 percent. Digital comparable sales grew 118 percent…More than 95 percent of Target’s fourth quarter sales were fulfilled by its stores.” Press release Kohl’s Q4 net sales fell to $5.88 […]
Goldman Consumer Head Is Leaving to Run Walmart Fintech at Wall Street Journal. “Mr. Ismail, who first joined Goldman nearly 20 years ago, was among a group of executives who came up with a strategy to expand into digital banking services in 2014. By the end of last year, that business generated $1.2 billion […]
Best Buy Q4 enterprise comp sales +12.6% Press release …Best Buy’s Q4 earnings beat Wall Street’s expectations, but fell short on revenue at CNBC. “Chief Financial Officer Matt Bilunas said same-store sales are expected to range from a drop of 2% to a gain of 1% this year.” Read more Wayfair Q4 […]
Lowe’s Q4 U.S. comp sales +28.6% Press release …Lowe’s tops earnings estimates as same-store sales jump 28%, warns that some DIY trends could fade at CNBC. “Lowe’s reported fourth-quarter net income of $978 million, or $1.32 per share, up from $509 million, or 66 cents per share, a year earlier.” Read more […]
Home Depot Q4 U.S. comp sales +25.0% “…if the demand environment during the back half of fiscal 2020 were to persist through fiscal 2021, it would imply flat to slightly positive comparable sales growth and operating margin of at least 14 percent,” said Richard McPhail, executive vice president and CFO.” Press release …In […]
Kohl’s shares soar as activist investor group looks to add 9 directors to board at CNBC. “The group is hoping to drive the stock price more than two times higher than current levels, through a sale-leaseback program for $3 billion worth of real estate, and a major share repurchase program, it explained in a […]
Walmart’s CEO says Americans urgently need another stimulus check at CNBC. “Doug McMillon said more customers spent their recent stimulus checks on necessities, such as groceries, rather than big-screen TVs. He said the spending patterns indicate that more families are hurting and need help.” Read more Lights come back on in Texas as […]
Walmart Q4 comp sales: Walmart U.S. +8.6% / Sam’s Club +10.8% / Int’l Net Sales +5.5% Press release | Earnings call presentation …Walmart shares fall on earnings miss, retailer sees sales growth slowing in coming year at CNBC. “Walmart CEO Doug McMillon said it will boost the wage of U.S. workers, raising the average […]
