The past few years have been tough times for retailer Sears Holding (SHLD). The company has been steadily losing customers to rivals Target (TGT) and Wal-Mart (WMT), and today announced that following a dismal holiday season, it has decided to close between 100 and 120 of its Sears and K-Mart stores. Critics of the company blame its recent weakness to the company not having invested in remodeling its stores and to ...

With consumer sentiment still weak, and concerns over the global economy weighing on everyone's mind, a lot of people have been worried that retailers are going to report weak sales numbers this holiday season. We will not know for sure just willing people have been to spend this holiday season, but the fact that FedEx (FDX) recently saw its busiest shipping day ever is a positive sign. The company reported that ...

Online retailer Amazon.com (AMZN) will get its chance to impress Wall Street this afternoon when it reports its first quarter results after the closing bell. Going into this afternoon's quarterly report, analysts are expecting to see Amazon post earnings of $0.61 per share on revenues of $9.55 billion. During the same period last year the company had earnings of $0.66 per share with earnings of $7.13 billion. Why Amazon Earnings Are Important: Since Amazon ...

Shares of auto retailer CarMax (KMX) are trading sharply lower today following this morning's fourth quarter earnings report. As we noted yesterday in our CarMax earnings preview, analysts were expecting to see the company post fourth quarter earnings this morning of $0.38 per share. Earnings were higher than expected, at $).39 per share, marking the 9th straight quarter of analyst beating earnings for the company. During the same period last year CarMax ...

The current earnings season continues to roll along, and tomorrow there will be two more major companies reporting earnings, both Dell Computers (DELL) and Wal Mart (WMT). Wal Mart will be reporting its fourth quarter numbers, with analysts expecting to see the retail giant post earnings of $1.12 per share. During the same period last year the company had earnings of $1.03 per share. The numbers will be coming out before ...

We have three big name stocks due to report earnings tomorrow. Here is a quick glance at what Wall Street is expecting to see. 1. Gamestop (NYSE: GME): The video game retailer is due to report its third quarter numbers tomorrow morning before the opening bell. Analysts are expecting the company to show earnings of 30 cents per share. For the same period last year, the company had earnings of 34 ...

September turned out to be a really good month for American retailers, which on the whole posted better than expected sales numbers. Today's report shows that retailers saw an increase of 0.6% in sales for the month of September, which has led several retailers to trade up to new 52 week highs today. Granted, the monthly numbers are in comparison to last September when retailers really struggled, but still good news ...