Skip to main content

Corporate Governance

  • Kirkland’s Q3 results surpass expectations

    Nashville - Kirkland’s Inc. reported net income of $1.3 million in the third quarter of fiscal 2014, a 30% increase from $1 million the same quarter in the previous fiscal year. Higher gross profit helped boost net income.   The retailer beat Wall Street expectations with net income as well as with net sales of $117.2 million, up 10% from $106.1 million.  

  • Ross rolling, but holidays are worrisome

    Ross Stores didn’t let a surprisingly strong third quarter comp increase go to its head and maintained a cautious view of consumer spending.

    Sales at the company increased 8% to nearly $2.6 billion and same store sales increased 4%. Net income increased to $193 million, or 93 cents a share, from $172 million, or 80 cents a share.

  • Williams-Sonoma beats Street with Q3 profits, sales

      San Francisco – Williams-Sonoma Inc. surpassed Wall Street expectations with its profit and sales results for the third quarter of fiscal 2014. Earnings per share increased 17% to $0.68 from $0.58 in the same quarter the previous fiscal year.   Retail net revenues increased 3% to $556 million from $540 million, primarily driven by West Elm and Pottery Barn, partially offset by a decrease in Williams-Sonoma due to eight fewer stores  

  • Macy's adds interactive fun to Black Friday

    In an effort to create even more buzz for its holiday promotions, Macy’s will give away $1 million in prizes during Black Friday weekend.  

    Using the Macy’s mobile app, customers shopping in-store will be able to scan QR codes to enter the giveaway during doorbuster hours, beginning at 6 p.m. on Thanksgiving Day through 1 p.m. on Nov. 28, and then again on Saturday, Nov. 29, from 7 a.m. to 1 p.m.

  • L Brands beats Street with strong Q3 profit

    Columbus, Ohio – L Brands Inc. beat Wall Street projections with net income of $131.8 million during the third quarter of fiscal 2014, up 43% from $91.99 million the same period the prior fiscal year. A boost in pretax income helped drive L Brands’ impressive profit growth.   Net sales rose 7% to $2.32 billion from $2.17 billion, and same-store sales increased 5%. 

  • Dollar Tree Q3 sales lift holiday outlook

    As Dollar Tree moves forward with its acquisition of Family Dollar, the company reported an increase in same-store sales and expressed a favorable holiday outlook.

    Dollar Tree's earnings per share increased 19% to $0.69 and its revenue increased 11.2% to $2.1 billion compared to the third quarter of fiscal 2013; these results were driven by comparable-store sales increasing 5.9% during the quarter compared to an increase of 3.1% in the prior-year period.

  • CIT: Middle-market retail execs cautiously optimistic about holidays

      NEW YORK - Senior middle-market retail executives are cautiously optimistic about the upcoming holiday season.  Fifty-five percent of executives anticipate their total holiday sales will increase by 6% or more in 2014, as compared to only a third last year, according to an annual study conducted by CIT Group.  

  • Is Best Buy headed for its best Christmas ever?

    Best Buy shared an optimistic view of the holiday season after posting a 3.2% third quarter comp increase at U.S. stores, but offered plenty of reasons why profitability could prove challenging.

X
This ad will auto-close in 10 seconds