The Michaels Companies reported a drop in fourth quarter profit amid restructuring charges related to the closing of one its banners but its results still beat analysts’ estimates.
Barnes & Noble Inc. swung to a profit in the third quarter amid higher-than-expected comp sales, but the bookseller is wary about the remainder of the year.
Walmart blew past expectations for its fourth quarter amid strong U.S. same-store sales growth and surging online sales, posting its best holiday quarter in years.