Author Archives: Home Furnishings News

Walmart Boosts Bottom Line to New Record in First Quarter

Walmart Boosts Bottom Line to New Record in First Quarter

BENTONVILLE, Ark.–Walmart posted net income of $3.3 billion in the first quarter, up nearly 10 percent over last year’s first quarter and a new record for the period. The world’s largest retailer also set a new mark for first-quarter net sales, which totaled $99.1 billion and which rose 6 percent over last year. The keyMore »

TJX Net Up 58 Percent in First Quarter

TJX Net Up 58 Percent in First Quarter

FRAMINGHAM, Mass.–First-quarter net income for The TJX Cos. ballooned by 58.4 percent to $331.4 million. The driver in this bottom-line explosion was the company’s 15 percent pickup in net sales, which finished the quarter at $5 billion and which included a 9 percent gain in same-store sales. In its statement on the first quarter, TJXMore »