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Tag Archives: financial

Father’s Day Spending to Reach New High

Father's Day spending

Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …

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Import Cargo Levels Continue Rising Amidst Tariffs

Import Cargo

As the U.S. continues to grapple with tariffs, imports at the nation’s major ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer, according to the Global Port Tracker report released by the …

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Lowe’s Reports Q4 2024 Financials

Lowe's Q4

Lowe’s Companies reported a comparable sales increase of 0.2% in Q4 2024, driven by high single-digit pro and online comparable sales, a strong holiday performance and rebuilding efforts after recent hurricanes. Total sales for the quarter were $18.6 billion. “Our results …

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Walmart Shows Strong Growth in Q4

Walmart Strong Growth

Q4 2024 Walmart released its Q4 2024 financial results, noting $180.6 billion in total revenue, up 4.1% year over year. The Arkansas-based store chain also reported an operating income of $7.3 billion in Q4, up 30% from the same quarter …

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January Sales Drop Despite Strong December

January Sales Drop

Shoppers spent less in January than they did during the busy holiday months but retail sales still had strong sales year over year according to the CNBC/NRF Retail Monitor. “Consumers pulled back in January, taking a breather after a stronger-than-expected …

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