Author Mike Duff

Financials
Dillard’s Hurt By COVID But Improved In Q4

The COVID-19 pandemic hit Dillard’s hard in the 2020, although it is working to recover with a negative fourth-quarter comparable-store sales reading still seven points better than the minus-24% registered in the third quarter, and an earnings beat versus Wall Street in the fourth quarter.

Retail
Crate & Barrel Launches Registry Contest

With the COVID-19 pandemic prompting changes in wedding plans, Crate & Barrel is launching the Love&Gifts Wedding Registry Contest to surprise 10 couples with every item on their wedding registries at Crate & Barrel up to $2,500 and $1,000 donations in their honor to Feeding America.

Financials
Kirkland’s Expects Record Earnings In Q4

Preliminary results released by Kirkland’s for the fourth fiscal quarter ended January 30 include expectation of earnings per diluted share of $1.30 to $1.40 and adjusted earnings per diluted share of $1.35 to $1.45, marketing a big step forward year over year.

Financials
Walmart Misses Q4 Earnings Estimate But Comps Stay Strong

One-time charges hit Walmart net earnings in the fourth quarter but the company posted significant comparable store sales gains at operations in the United States for the period and the fiscal year, and it is telling the investment community that it will leverage advantages in omnichannel operations.

Retail
Tractor Supply Acquiring Orscheln Farm And Home

In a move that will boost its position in the Midwest, Tractor Supply Co. has entered into an agreement to acquire Orscheln Farm and Home in an all-cash transaction valued at $297 million, net of acquired estimated future tax benefits of $23 million.

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