The giant retailer’s profits grew 9% in the third quarter to $3.4 billion. However, revenue disappointed analysts, mainly due to a small sales decline at Walmart U.S. operations. Still, the company raised its future earnings gu…
Saks Inc. (SKS) reported earnings of 20 cents per share for the third quarter, compared with 4 cents per share a year earlier.
The results for the third quarter included a gain of 14 cents per share related to the reversal of certain estimated income…
The nation’s largest home improvement retailer
reported that its third quarter net earnings rose a higher-than-expected 21% due to lower expenses and cost cuts. Additionally, Home Depot raised its fiscal 2010 earnings outlook….
Abercrombie & Fitch (ANF) reported earnings of 56 cents per share for the quarter ending Oct. 30, up from 44 cents per share a year earlier.
Net sales rose 18% to $885.8 million, including direct-to-consumer sales, the retailer said in a statemen…
Consumers will start to see prices rising at the stores — and soon, as the costs of commodities like cotton, sugar, and coffee are surging to record highs.
Continue reading Rising Cotton Prices May Mean Pricie…