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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
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Vincent Ryan
| January 27, 2023
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Same Store Sales
Financial Performance
Starbucks’ U.S. Sales Fall Amid COVID-19 Surge
The first quarter saw "meaningful, sequential improvements in quarterly financial results despite ongoing business disruption from the pandemic."
By
Matthew Heller
| January 27, 2021
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Financial Performance
Costco Posts 11.4% Same-Store Sales Increase
The big-box retailer continued to benefit from shoppers stocking up on everything from food to patio furniture.
By
Matthew Heller
| September 25, 2020
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Financial Performance
E-Commerce Powers Best Buy Sales Gain
“Products that help people work, learn, connect and cook at home, like computing, appliances and tablets, were the largest drivers of our sales growth."
By
Matthew Heller
| August 25, 2020
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Financial Performance
Walmart Online Sales Grow Record 97% in Q2
The surge in e-commerce reflects shifting shopping habits amid the coronavirus pandemic and helped power a 9.3% gain in Walmart's same-store sales.
By
Matthew Heller
| August 18, 2020
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IPOs
Albertsons Files for IPO, Shows Sales Growth
“We are proud of the progress we have made over the past few years, and believe we have a long runway for growth ahead of us."
By
Matthew Heller
| March 9, 2020
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Financial Performance
Gap Beats Estimates But Comp Sales Dip 4%
“We are not pleased with the third-quarter results and are focused on aggressively addressing operational issues," the struggling retailer says.
By
Matthew Heller
| November 22, 2019
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Financial Reporting
Macy’s Posts First Comp Sales Drop in 2 Years
“The mall is getting more toxic," one analyst warns. "Mall traffic will likely continue to wane over the years ahead.”
By
Matthew Heller
| November 21, 2019
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Turnarounds
JCPenney Loss Narrows to $93M, Shares Jump
The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
By
Matthew Heller
| November 15, 2019
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Financial Performance
Tapestry Hit by Continued Kate Spade Struggles
Comparable store sales at Kate Spade, which Tapestry acquired in 2017, dropped 16% in the first quarter.
By
Matthew Heller
| November 5, 2019
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Financial Performance
Domino’s Misses on Earnings, Launches Buyback
The pizza-delivery giant has been repurchasing shares as sales growth has slowed amid competition from third-party apps.
By
Matthew Heller
| October 8, 2019
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Financial Performance
Hong Kong Unrest Disrupts Tiffany’s Q2 Sales
The luxury jeweler lost six selling days in its fourth-largest market during the second quarter because of pro-democracy protests.
By
Matthew Heller
| August 28, 2019
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Financial Performance
Macy’s Shares Fall 13% on Big Earnings Miss
Same-store sales improved in the second quarter but profit was hit by heavy markdowns to clear unsold merchandise.
By
Matthew Heller
| August 14, 2019
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Financial Performance
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
By
Matthew Heller
| May 16, 2019
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Financial Performance
Starbucks Same-Store Sales Pick Up Steam
The coffee chain posts a third straight quarter of accelerating sales growth, indicating its streamlining efforts are paying off.
By
Matthew Heller
| January 25, 2019
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Financial Performance
Holiday Season Weakness Hits Macy’s, Kohl’s
"The rising tide of the economy is not floating all retail boats,” an analyst says of the department store chains' disappointing sales growth.
By
Matthew Heller
| January 10, 2019
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