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CFOs On the Move: Week Ending August 12
Axon, Sonos, JCPenney, New Relic, Revlon, Luckin Coffee, HYCU, Skillshare, Brinks, Performance Food Group, Jane, Kirkland’s
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Lauren Muskett
| August 12, 2022
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Same Store Sales
Financial Performance
Darden Earnings Beat On Olive Garden Sales Gain
Darden's "back to the basics" strategy boosted its Olive Garden brand but Cheddar's Scratch Kitchen continues to struggle.
By
Matthew Heller
| December 19, 2018
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Strategy
Lowe’s Announces Mexico Exit, Q3 Sales Miss
While Lowe's is streamlining its business, it "still has to address its status as a second-fiddle retailer."
By
Matthew Heller
| November 26, 2018
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Financial Performance
Gap’s Namesake Brand Weighs on Comp Sales
The retailer plans to focus on the "healthy core" of Gap specialty stores while exiting "those that do not fit the future vision quickly.”
By
Matthew Heller
| November 21, 2018
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Financial Performance
Kohl’s Shares Dip 9% Despite Earnings Beat
The retailer has been one of Wall Street's hottest stocks this year but investors may be jittery over promotional spending for the holiday season.
By
Matthew Heller
| November 20, 2018
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Financial Performance
McDonald’s Shares Jump 6% on Earnings Beat
The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.
By
Matthew Heller
| October 23, 2018
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Financial Performance
Costco Warns of Material Weakness in Controls
The warning related to IT systems that "support the company’s financial reporting processes" drove Costco's stock down 2.4%.
By
Matthew Heller
| October 5, 2018
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Financial Performance
Dollar Tree Misses on Flat Family Dollar Sales
The discount retailer's shares fell more than 15% after its earnings came in one cent below analysts' estimates.
By
Matthew Heller
| September 4, 2018
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Financial Performance
Foot Locker Shares Dive on Q2 Sales Miss
Same-store sales rose only 0.5% but the company remains confident it will deliver stronger growth in the second half of 2018.
By
Matthew Heller
| August 24, 2018
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Financial Performance
Kohl’s Beats Estimates With 3.1% Sales Gain
The retailer benefited in Q2 from the closures of rival department stores and its efforts to downsize its own locations.
By
Matthew Heller
| August 21, 2018
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Financial Performance
Walmart Shares Jump 9% on ‘Banner’ Quarter
U.S. same-store sales rose 4.5% — the best growth in more than a decade — amid a particularly strong performance in Walmart's grocery business.
By
Matthew Heller
| August 16, 2018
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Turnarounds
Macy’s Tops Expectations But Stock Drops
CEO Jeff Gennette says the retailer's strategic initiatives are starting to gain traction.
By
William Sprouse
| August 15, 2018
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Financial Performance
CBD for Dogs with Arthritis
Discover a few of the best CBD products for dogs with arthritis in this post.
By
Matthew Heller
| August 8, 2018
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Financial Performance
Chipotle Same-Store Sales Gain Boosts Stock
The 3.3% increase in Q2 beat analysts' estimates as an increase in average check helped offset 1.8% fewer comparable restaurant transactions.
By
Matthew Heller
| July 27, 2018
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Cost Management
McDonald’s Earnings Helped By European Sales, Lower Tax Rate
Despite a fall in revenue, the fast-food company still beat sales and earnings estimates and saw an increase in same-store sales globally.
By
William Sprouse
| July 26, 2018
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Financial Performance
Carmax Shares Hit Record High on Q1 Earnings
The company's used-car business is still under pressure from "macro pricing factors" but same-store sales fell less than analysts expected.
By
Matthew Heller
| June 22, 2018
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