Dollar General is expecting its customers to face deteriorating financial conditions this year. “Our customers continue to report that their financial situation has worsened over the last year, as they have been negatively impacted by ongoing inflation,” Todd Vasos, CEO of the discount retailer, said...
LoanDepot’s fourth quarter earnings, released after the markets closed on Tuesday (March 11) indicated double-digit growth loan originations that took advantage of lower interest rates toward the end of 2024, as homebuyers navigated a housing market that company leadership said remains “challenged.” The company’s earnings...
Facing economic uncertainty, Dick’s Sporting Goods is certain its customers will still turn to sports. The retailer on Tuesday (March 11) released quarterly earnings showing a 6.4% increase in comparable sales, a company record. “The convergence of sport and culture in our country has never...
Kohl’s is forecasting a difficult 2025 as its new CEO embarks on a lengthy turnaround project. The department store chain released quarterly earnings Tuesday (March 11) that projected a 5% to 7% drop in revenue for the year, with comparable sales down 6.5% for the...
In an era where consumer confidence is being tested by inflation and rising living costs, off-price retailers like Burlington Stores and Ross Stores are doubling down on strategies that emphasize value and flexibility. Both companies have adapted to increased demand for discounts by balancing quality,...
As the Trump administration rolls out — and rescinds — tariffs on Canada and Mexico, investors were anxious to learn how the policy would impact Costco. The company’s reliance on membership fees for more than 70% of its operating profits gives it an advantage over competitors...
Kroger saw growth in digital sales, employees’ use of artificial intelligence (AI) tools and the benefits of personalization during its fourth quarter, which ended Feb. 1, executives said Thursday (March 6) during the grocery giant’s quarterly earnings call. The company saw 11% growth in digital...
In a retail world where growth is harder to come by, Macy’s is prioritizing stability over expansion, adjusting to the realities of a more competitive and unpredictable market. Macy’s fourth-quarter results released Thursday (March 6) reflect a retail landscape where resilience is the key due...
A common theme in recent earnings calls involving The Home Depot, Lowe’s and Target has been the “cautious consumer” as shoppers are becoming more selective about their spending, often waiting for the right moment to make a purchase rather than buying impulsively. You can add Foot...
