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Financials

Retailers

Opinion: Lessons From Walmart’s and Target's Earnings Misfire

 By Anis Hadj-Taieb on May 26, 2022

"Adjusting to inflation and learning to achieve 'rapid retrenchment' requires new tools and a shift in strategy," says Anis Hadj-Taieb of DemandTec by Acoustic.

Retailers

Dollar Tree Sees Net Sales Increase 6.5% in ‘Solid Start to the Year’

By Kristina Hurtig on May 26, 2022

The Chesapeake, Va.-based retailer also records a 19.2% lift in gross profit for first-quarter fiscal 2022.

Retailers

Dollar General: Shoppers Are 'More Intentional' But Still Spending

By Christine LaFave Grace on May 26, 2022

For Dollar General's core customer, "As long as she’s gainfully employed, that makes the biggest difference in giving her the confidence to spend," company CEO Todd Vasos says.

Retailers

How BJ’s Wholesale Beat Back Inflation Pressures in Q1

By Diane Adam on May 19, 2022

"Our business model remains more relevant than ever in the current inflationary environment," President and CEO Bob Eddy said.

Retailers

Despite Sales Growth, Target's Margins 'Well Below Expectations' in Q1

By Christine LaFave Grace on May 18, 2022

Echoing Walmart, Target said that higher transportation costs and excess inventory squeezed profits in the first quarter.

Retailers

Target and Walmart Braced for Bad. The Reality Was Worse.

By Christine LaFave Grace on May 18, 2022

The two retail giants expected to see elevated supply-chain costs, more macroeconomic uncertainty and an impact from lapping stimulus spending—but not to this extent.

Retailers

Walmart CEO Doug McMillon Concerned About Further Food Inflation

By Christine LaFave Grace on May 17, 2022

Walmart customers shifted their spending away from general merchandise to grocery—and in some cases, from national brands to private labels—to help manage rising food prices in the first quarter.

Retailers

Grocery Gives Another Boost to Walmart Amid Higher Costs in Q1

By Christine LaFave Grace on May 17, 2022

U.S. comp sales growth came in at a better-than-expected 3%, but the Bentonville, Ark.-based retailer lowered its full-year EPS guidance as 2022's "unusual environment" continues to pressure margins.

Retailers

Grocery Outlet Eyes Second-Quarter Traffic Growth

By Diane Adam on May 12, 2022

"Traffic trends in the second quarter are strong as we believe consumers are increasingly looking to stretch their shopping dollar in light of inflation," says CEO Eric Lindberg.

Retailers

SpartanNash Touts Higher Sales and Margins Ahead of Key Board Vote

By Christine LaFave Grace on May 12, 2022

The retailer and wholesaler, battling with an activist investor group over the makeup and direction of its board, reported a preliminary comp-store sales increase of 7.2% in Q1.

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