Forty-three Big Retail Corps, with Pretax Earnings or Losses above $100 mil each, have released their 2Q 2011 earnings.
These 43 Big Retail Corps registered a Total Pretax Earnings increase of 8% in the 2Q 2011, decelerating a bit from the 11% earnings growth in the 1Q 2011.
Below here are these 2Q 2011 Pretax Earnings (PTI), along with a comparison with the prior year’s quarter amounts.
.......................................................................Increase
............................................PTI........PTI.......(Decrease)
.............................................2Q.........2Q..................
...........................................2011......2010....Amount....%
.............................................(millions of dollars)
Walmart.............................5,378.....5,266.......112......2%
McDonalds.........................2,066.....1,735.......331....19%
Home Depot........................1,283.....1,116.......167....15%
Target.................................1,081.....1,055........26......2%
Walgreens..............................933........805.......128....16%
Lowes....................................740........786.......(46)..-6%
Kroger...................................673........591........82....14%
Publix Super Markets.............581........530........51....10%
Costco...................................534........474........60....13%
TJX.......................................430........536......(106)..-20%
Starbucks..............................410........318.........92....29%
Yum Brands...........................384........379..........5......1%
GAP.......................................381........485......(104)..-21%
Autozone...............................353........319........34....11%
Kohls.....................................333........320........13......4%
Coach.....................................311........299........12......4%
Staples...................................302........308........(6)...-2%
Bed Bath & Beyond.................290........226........64....28%
Ross Stores............................282........232........50....22%
Best Buy................................263........302.......(39)..-13%
Dollar General.......................254........219........35....16%
Limited Brands......................249........187........62....33%
Nordstrom............................241........188........53....28%
Safeway.................................219........218.........1......0%
OReilly Automotive...............217........171.......46....27%
Macy's...................................214..........41.......173...422%
CarMax.................................204........163........41....25%
Darden Restaurants...............186........157........29....18%
Advanced Auto Parts.............181........163........18....11%
Supervalu..............................178........167........11......7%
Sothebys................................178........127........51....40%
Dollar Tree(1).........................162........128........34....27%
Foot Locker............................149..........84........65....77%
Whole Foods Market...............142........110........32....29%
Tiffany....................................126..........93........33....35%
GameStop...............................125........115........10......9%
Family Dollar Stores...............125........127........(2)...-2%
AutoNation.............................118..........82........36....44%
Dillards...................................116..........77........39....51%
Petsmart..................................107.........88........19....22%
JC Penney................................103.........96.........7......7%
Rite Aid(2)...............................(39).......(67).......28....42%
Sears Holding.........................(253)........32......(285)..-891%
Total 43 Big Retail...............20,310..18,848....1,462......8%
(1) Dollar Tree 2010 PTI excludes Retail Inventory Accounting Change Charge.
(2) Rite Aid 2011 PTL excludes Loss on Debt Retirement.
On the positive side, the four Global Food Service Retailers included above registered very robust Total Pretax Earnings growth of 18% in the 2Q 2011, up sharply from their 11% earnings growth in the 1Q 2011. Here are the 2Q 2011 results of these four Food Service chains:
............................................PTI........PTI.......Increase
.............................................2Q.........2Q..................
...........................................2011......2010....Amount....%
.............................................(millions of dollars)
McDonalds.........................2,066.....1,735.......331.....19%
Starbucks..............................410........318.........92.....29%
Yum Brands..........................384........379...........5......1%
Darden Restaurants...............186........157.........29.....18%
Total all 4...........................3,046.....2,589.......457.....18%
Also on the positive side, the five Automobile-related Retailers included the above 43 registered very robust Total Pretax Earnings growth of 19% in the 2Q 2011, up nicely from their 14% earnings growth in the 1Q 2011. Here are the 2Q 2011 results of these five Auto Retailers:
............................................PTI........PTI.......Increase
.............................................2Q.........2Q..................
...........................................2011......2010....Amount....%
.............................................(millions of dollars)
Autozone.............................353........319..........34.....11%
OReilly Automotive.............217........171..........46.....27%
CarMax................................204........163..........41.....25%
Advanced Auto Parts...........181.........163..........18.....11%
AutoNation..........................118..........82..........36.....44%
Total all 5..........................1,073........898.......175.....19%
=======================================
........................................................................Increase
............................................PTI.......PTI.........(Decrease)
...........................................2011......2010....Amount....%
.............................................(millions of dollars)
Late Addition on Aug 18, 2011
Fastenol...................MN......150.......112..........38.....34%
