Wayfair announced Dr. Thomas Netzer will step down as COO by year’s end, at which time the company will further integrate customer- and supplier-focused activities with supply chain by moving current Chief Commercial Officer Jon Blotner to president, commercial and...
Yeti exceeded expectations in the third quarter as sales increased in each of its divisions and earnings gained on a reported and adjusted basis. Net income was $56.3 million, or 66 cents per diluted share, versus $42.7 million, or 49 cents per diluted share, in the...
Although revenues were soft, iRobot announced adjusted earnings that beat a Wall Street estimate as CEO Gary Cohen said changes made in the company’s turnaround effort have achieving positive results. Net loss was $6.4 million, or 21 cents per diluted share, versus...
The third quarter was difficult for Qurate Retail, but the company’s transformation plan is approaching the culmination of an effort to improve internal operation and shifting to initiatives that apply resources to expanding the business on streaming services and...
The Conference Board Consumer Confidence Index increased in October to 108.7 jumping from just below to well over the dividing line between positive and negative sentiments, which is a rating of 100. The September reading was 99.2. The Present Situation Index, based...