Retail

Retail
Best Buy Revenue Flat, Net Earnings Grow

Fourth quarter and annual sales at Best Buy were down slightly but the company reported increases in net earnings and diluted earnings per share.

Retail
Target Posts Soft Q4, Readies For Price War

Target suffered disappointment in a fourth quarter that only just achieved the low end of its expectations and will invest in lower prices not long after reports emerged that Walmart is experimenting with a new pricing model.

Retail
NYSE Delists hhgregg

Home electronics and appliance retailer hhgregg has been delisted by the New York Stock Exchange after the retailer’s average global market capitalization fell below NYSE’s minimum listing standards.

Retail
RH Encouraged By Preliminary Q4 Results

Restoration Hardware has announced unaudited preliminary financial results for the fourth quarter including diluted earnings per share of 21 cents and adjusted diluted EPS of 68 cents compared to guidance in the range of 60 cents to 70 cents.

Retail
Nordstrom Makes Q4 Gains

For the fourth quarter ended January 28, Nordstrom posted net earnings of $201 million, or $1.15 per diluted share, versus $180 million, or $1 per diluted share, in the year-earlier period.

Retail
Dillard’s Q4 Comps, Earnings Slump

For the fourth quarter ended January 28, Dillard’s posted net income $56.9 million, or $1.72 per share, compared to net income of $84 million, or $2.31 per share, for the quarter a year earlier.

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