Kohl’s had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures
Kohl’s had a disappointing fourth quarter, with net sales dropping nearly 10%. Earlier this year, the department store chain ...
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Kohl’s reports dip in net sales and EPS for fiscal 2024
In the fourth quarter (Q4) of the fiscal year, net sales of Kohl’s fell by 9.4% year-on-year to $5.17bn. This was partly ...
Publix sees 4.6% sales increase in 2024, reaching $59.7 billion
Inflation drove higher sales at Publix in 2024, but payroll costs and lower pharmacy sales caused a slight drop in operating ...
Dollar General says it closed almost 100 stores in the fourth quarter but its sales actually went up—and Wall Street is loving it
Dollar General also plans to expand in 2025. Part of the company’s plan in closing nearly 100 underperforming stores—which ...
Costco Wholesale Sales Surge 9.1%
Costco Wholesale delivered solid earnings with increased revenue and strong e-commerce performance, though pressures from ...
Kohl's Stock Tumbles 25% on Weak 2025 Sales, Profit Projections
Shares of Kohl's tumbled Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of what analysts had ...
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Kohl’s 2024 Net Sales Drop as Company Positions for Growth
Kohl’s Corporation (NYSE: KSS) said net sales fell 9.4% and 7.2% for both fourth-quarter and fiscal year 2024. The company’s diluted EPS for the fourth quarter was $0.43 ($0.95 adjusted ...
Inditex shares sink 8% as Zara owner posts fourth-quarter sales jump but points to slowdown
Zara owner Inditex on Wednesday posted a rise in fourth-quarter sales that met expectations but pointed to a slowdown in ...
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UNFI sees sales rise as efficiency improves
The grocery retailer and wholesaler’s net sales were up by 5% during Q2, driven by its natural products business, while its ...
BMW Net Profit Slumps as Weak China Sales, Brake Problems Plague Earnings
BERLIN (Reuters) - BMW's net profit crashed by over a third in 2024 to 7.68 billion euros ($8.32 billion), in line with an ...
Ferguson Stock Drops As Q2 EPS Miss, Margin Squeeze Overshadow Sales Growth
Ferguson reported Q2 results. Net sales at $6.87 billion, up 3.0% Y/Y and beating consensus of $6.76 billion. Declares ...
Thor Industries Q2 Sales Drop 8% Amid Macroeconomic Challenges, Narrows FY25 Outlook
Thor Industries, Inc. (NYSE:THO) shares are trading lower in the premarket session on Wednesday. The company reported ...