Dollar General Q4 tops estimates; sales fueled by food, other essentialsDollar General Corp. reported better-than-expected earnings and sales and issued an upbeat outook as inflation-pressured consumers shopped its stores for low-priced basics. Dick’s posts ‘incredibly strong’ Q4; plans 'significant' 2024 sq. ft. growthDick’s Sporting Goods reported the strongest holiday sales quarter in its history along with earnings that were far ahead of Street estimates. Petco CEO out; taps former Best Buy exec as interim chief Petco is undergoing a leadership transition as it reports increasing revenue but declining profits. Dollar Tree to close 600 Family Dollar stores in 2024; swings to Q4 loss Dollar Tree is shrinking the footprint of its Family Dollar banner. NRF: E-commerce spurs sales growth in February So far, 2024 is off to a good start for retailers. Kohl’s beats Street with Q4 swing to profit Even as year-over-year sales declined, Kohl’s Corp. was able to shift from net loss to profit in the fourth quarter of fiscal 2023. The Body Shop ceases all U.S. operations; files for Chapter 7 bankruptcy The Body Shop has shut down all of its U.S.-based operations. Children’s Place receives $48.6 million loan The Children’s Place has boosted its liquidity. St. Patrick’s Day spending to hit record $7.2B Two new surveys suggest retailers will be seeing green this St. Patrick’s Day. Gap Q4 earnings smash estimates Gap Inc. swung to a profit in its fourth quarter amid rising sales at its namesake and Old Navy brands and improved in-store traffic. First Previous 35 36 37 38 39 Next Last
