Tag Archives: financials

Sears Holdings Corp. reported a 20 percent year-over-year revenue loss in its first-quarter financial results, which the company attributed to having fewer operational stores. The struggling retailer also noted an 11.9 percent decline in comparable store sales. Kmart stores lost sales in …

Lowe’s reported growth in its first-quarter financial results for the year, which the company released Wednesday. The company’s first quarter ended May 5. The big-box home improvement retailer reported sales growth of 10.7 percent over the same period last year, …

Target released its first-quarter financial results Wednesday, citing a comparable sales decline of 1.3 percent over sales in the first quarter of 2016. Target chairman and CEO Brian Cornell says the company performed better than expected in the first three …

Ace Hardware Corp. experienced increases in revenue and net income during the first quarter of 2017, as well as a slight dip in same-store sales. On May 17, the cooperative reported first-quarter 2017 revenue of $1.24 billion, which was an increase of 0.1 …

While the retail industry has been facing plenty of road blocks, especially in clothing and department stores, the home improvement industry continues to show strength. The Home Depot’s first quarter 2017 financial results highlight growth and topped analysts’ expectations, according to CNBC. Today, Home …

Financial reports from big-box retailers provide insight into what the world’s top retail executives are worth in dollars. For example, Walmart’s sales outpace Home Depot’s and Lowe’s sales by hundreds of billions of dollars, but CEO Doug McMillon’s base salary matches what …

A new U.S. tariff on imported Canadian softwood lumber, such as pine, is the latest change to an old trade debate between the two countries. The U.S. government, as of late April, is implementing a 20 percent tariff, or import …

Sears Holdings Corp. has now had three people serve in the role of chief financial officer in less than 12 months, The Wall Street Journal reports. The company named Rob Riecker as chief financial officer, starting this month. He was previously controller and …