(Reuters) - Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in quarterly profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down as much as 3.6 percent.
March 6 (Reuters) - Warehouse retailer Costco Wholesale Corp reported a bigger-than-expected 15 percent fall in quarterly profit as unusually deep discounting in the holiday shopping season hurt margins, sending its shares down as much as 3.6 percent.
outperform the market. (click to enlarge) 4Q 2013 was a record quarter for the company. This comes despite the "weak" holiday shopping season and one of the worst winters in decades, suggesting that there are companies out there still executing nicely
Feb 26 (Reuters) - Struggling department store operator Sears Canada Inc posted a fall in quarterly sales, citing severe winter weather and power outages in the holiday shopping season.
J. Crew has its eyes on a 2014 IPO , according to Bloomberg. J. Crew owners TPG Capital and Leonard Green & Partners are in the process of interviewing banks. Despite a tough holiday shopping season, recent retail IPOs have gone off very well. Post your comment!
Investors Tupperware Brands was hammered beginning in late December and continuing into 2014 after experiencing a great run up during the holiday shopping season for 2013. A Q4 earnings miss sent the stock reeling from Complete Story »
Feb 13 (Reuters) - Health supplements retailer GNC Holdings Inc reported weaker-than-expected quarterly results, hurt by heavy promotions during the holiday shopping period.
about $2.0 billion or so of liquidity left, it’s going to be a race against the clock. J. C. Penney reported a 3.1% jump in comparable-store sales during the holiday shopping season, which is a good Complete Story »
storm to fill out a job application. Seasonality could be a factor as a lot of retail companies layoff after the poor holiday shopping turnout. Last months payroll number of 75k was awful as well as some of the recent economic indicators. I hope I'm
Feb 6 (Reuters) - Women's apparel retailer Ann Inc, owner of the Ann Taylor and Loft stores, reported fourth-quarter margins that suggested the company did not have to discount heavily in the holiday shopping season.