positive
US Retail Chain Beats Revenue and EPS Estimates in Latest Quarter
A major US discount retailer reported quarterly revenue of about US$3.9 billion, exceeding consensus expectations of roughly US$3.7 billion. Earnings per share came in at US$1.59, above estimates near US$1.26. The company guided for pretax profit margin close to 11.6% and projected mid-single-digit comparable-sales growth for upcoming periods.
Tags:
- global
- retail
positive
US Retail Chain Beats Revenue and EPS Estimates in Latest Quarter
A major US discount retailer reported quarterly revenue of about US$3.9 billion, exceeding consensus expectations of roughly US$3.7 billion. Earnings per share came in at US$1.59, above estimates near US$1.26. The company guided for pretax profit margin close to 11.6% and projected mid-single-digit comparable-sales growth for upcoming periods.
Tags:
- global
- retail
1 min read
48 words
A US discount retailer posted revenue of US$3.9 billion and EPS of US$1.59, both above estimates, with guidance pointing to mid-single-digit comparable-sales growth.
A major US discount retailer reported quarterly revenue of about US$3.9 billion, exceeding consensus expectations of roughly US$3.7 billion. Earnings per share came in at US$1.59, above estimates near US$1.26. The company guided for pretax profit margin close to 11.6% and projected mid-single-digit comparable-sales growth for upcoming periods.
A major US discount retailer reported quarterly revenue of about US$3.9 billion, exceeding consensus expectations of roughly US$3.7 billion. Earnings per share came in at US$1.59, above estimates near US$1.26. The company guided for pretax profit margin close to 11.6% and projected mid-single-digit comparable-sales growth for upcoming periods.
Tags:
- global
- retail
- global
- retail
- earnings
- us