Container Store Grows Q4 Sales, Plans Job Cuts
Fourth quarter sales at The Container Store were up, as the specialty retailer’s custom closets business coupled with an enhanced focus on targeted marketing campaigns were cited as key drivers.
fourth quarter
Supervalu Produces Mixed Q4 Results In Wholesale, Retail Business
In the fourth quarter, following its plans to acquire Unified Grocers, Supervalu gained momentum in its wholesale business while its retail division slipped.
Helen Of Troy Sees Mixed Results In Q4
Helen of Troy reported mixed results for its fourth quarter ended February 28, 2017, posting a strong increase in net income although net sales declined. The company said its housewares business showed positive growth momentum, while its health and beauty segments showed declines.
Merger Process Weighs On Rite Aid Q4 Results
For the 14-week fourth quarter, as its ongoing merger attempt with Walgreens Boots continued, Rite Aid posted a company net loss of $21.1 million, or two cents per diluted share, versus company net earnings of $65.6 million, or six cents per diluted share, in the 13-week period a year earlier.
99 Cents Only Produces Mixed Results In Q4
99 Cents Only Stores produced mixed results in its fourth quarter, gaining sales but growing its net loss.
Pier 1 Builds Momentum In Q4
For the fourth quarter ended February 25, one that helped the company finish the year on a high note, Pier 1 Imports posted net income of $26.6 million, or 33 cents per share, versus $18.7 million, or 23 cents per share, in the fiscal year-before period.
Fred’s Posts Loss, Awaits Decision On Rite Aid Bid
Fred’s reported a net loss in both its fourth quarter and fiscal year and continued to await the approval of Walgreens’ purchase of Rite Aid and the retailer’s related purchase of 865 Rite Aid stores.
Bed Bath & Beyond Beats Wall Street In Q4, Looks To Future
For the fourth quarter ended February 25, a period when the digital operations that have been subject of heavy investment helped compensate for relative store weakness, Bed Bath & Beyond posted net earnings of $268.7 million, or $1.84 per diluted share, versus $303.5 million, or $1.91 per diluted share, for the fiscal 2015 fourth quarter.
Hudson’s Bay Emphasizing Digital After Shaky Q4
After posting a steep net loss in the fourth quarter, Hudson’s Bay said it was identifying ways to evolve its operations, including its digital initiatives.
Conn’s Comps Tumble In Q4
In the fourth quarter, ended January 31, when it emphasized margin over sales growth, Conn’s recorded a net loss of $74,000, or $0 per diluted share, versus net income of $1.1 million, or three cents per diluted share, in the year-previous period.
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