Retail

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It Cannot Get Any Worse at Sears — Except at J.C. Penney

Jim Henderson, via Wikimedia CommonsFor those who had hoped that Sears Holdings Corp. (NASDAQ: SHLD) would break out of its multiyear revenue and earnings funk, think again. After too many management changes to count, and…

Douglas A. McIntyre · 13 years ago

Target, Walmart May Not Be Selling the Right Stuff

courtesy of TargetIn its second-quarter earnings report released before markets opened on Wednesday, Target Corp. (NYSE: TGT) announced adjusted earnings per share (EPS) of $1.19 on revenues of $17.12 billion, compared with the consensus…

Paul Ausick · 13 years ago

After Gains, Why Best Buy Still Gets Crushed by Amazon

Wikimedia CommonsThe big question in the retail sector is whether any company can hold on against Amazon.com Inc. (NASDAQ: AMZN). Corner bookstores have all but disappeared, Borders is history and Barnes & Noble Inc.…

Paul Ausick · 13 years ago

J.C. Penney and Barnes & Noble Earnings — Amazon Wins Again

http://www.amazon.com/amazon-coinsInvestors seems to believe that J.C. Penney Co. Inc. (NYSE: JCP) showed signs of life when it released earnings, and that Barnes & Noble Inc. (NYSE: BKS) admitted it was doomed. No matter which…

Douglas A. McIntyre · 13 years ago

J.C. Penney: Kicking Ron Johnson Will Not Make Profits Come Back

courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) reported second-quarter 2013 results before markets opened this morning. The venerable retailer reported an adjusted diluted earnings per share (EPS) loss of $2.16, as…

Paul Ausick · 13 years ago

Home Depot Hammers Out Another Solid Quarter

ThinkstockHome Depot Inc. (NYSE: HD) reported second-quarter 2013 diluted earnings per share (EPS) of $1.24 and $22.5 billion in revenues before markets opened this morning. In the same period a year ago, the home…

Paul Ausick · 13 years ago

Earnings Preview: Six Major Retailers on Tap for This Week

ThinkstockSo far this earnings season U.S. retailers haven’t put up a very good show. Retailers that have already reported results said that customers had become cautious again during the quarter and same-store sales reports…

Paul Ausick · 13 years ago

Ackman May Dump J.C. Penney Shares

courtesy J.C. Penney Co. Inc.Based on a recent SEC filing by J.C. Penney Co. Inc. (NYSE: JCP), William Ackman, who was until recently a board member and the firm’s largest shareholder, may be in a…

Douglas A. McIntyre · 13 years ago

Why Don’t Retailers Report Results by State?

courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) sales are heavily concentrated in only about half the states in the U.S. To a lesser extent, Macy’s Inc.’s (NYSE: M) are as…

Douglas A. McIntyre · 13 years ago

Nordstrom Follows Other Retailers to Weaker Results

ThinkstockNordstrom Inc. (NYSE: JWN) reported second-quarter 2013 results after markets closed on Thursday. The department store chain posted quarterly diluted earnings per share (EPS) of $0.93 on revenues of $3.1 billion. In the same…

Paul Ausick · 13 years ago

Walmart, Kohl’s: Similar Results, Similar Outlooks

courtesy Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) reported second-quarter fiscal 2014 results before markets opened this morning. The retailing giant posted diluted earnings per share (EPS) of $1.24 on revenues of $116.2 billion.…

Paul Ausick · 13 years ago

Macy’s Earnings Do Not Rise to the Challenge

thinkstockMacy’s Inc. (NYSE: M) reported second-quarter 2013 results before markets opened this morning. The department store giant posted quarterly diluted earnings per share (EPS) of $0.72 on revenues of $6.07 billion. In the same…

Paul Ausick · 13 years ago