In a profitable fourth quarter, Wayfair revenue jumped by a billion dollars, or 45%, year over year as fiscal 2020 revenue gained 55% and a net loss turned to net gain.
A stellar fourth quarter with double-digit comparable sales growth closed out a bright fiscal year at Home Depot.
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.
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.
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.
As COVID-19 continues to roil its operations, CVS Health beat a fourth-quarter analyst earnings per share estimate as retail segments revenues advanced.
eBay, in announcing earnings that beat a fourth-quarter analyst estimate, emphasized its support of small business sellers on the platform through such programs as Up & Running Grants.
Spectrum Brands was propelled to strong sales and earnings in its fiscal first quarter with help from steep holiday season gains from small kitchen appliances and personal care appliances.
Ikea Retail U.S. has established a new sales requirement in which customers must acknowledge the need for a wall attachment on certain chests of drawers and other select clothing storage pieces as part of the company’s commitment to customer safety.
Amid change in its fundamental business, including abandonment of its traditional catalog, Ikea Retail U.S. released its 2020 Annual Summary, highlighting how the company is transforming its business to be more accessible, convenient and sustainable— a process accelerated by the COVID-19 pandemic.
Target Corp. comparable sales in the combined November/December holiday period grew 17.2%, driven by a 4.3% increase in traffic and a 12.3% advance in average ticket, and aided by home merchandise sales.