by Peter Giannetti | Jan 27, 2025 | Featured News, Retail Articles
After demonstrating strong holiday 2024 spending, U.S. consumers returned to cautious spending behavior as 2025 began and new distractions emerged, according to market analytics company Circana. In the combined five weeks ending January 4, 2025, there was a 9%...
by Mike Duff | Jan 13, 2025 | Appliances, Home + Housewares, Vacuum Cleaners
iRobot Corp. reported preliminary financial results for the fourth quarter ended December 28, 2024, stating it expects to post revenue of $171 million, GAAP operating loss of $59 million and non-GAAP adjusted operating loss of $47 million when the company announces...
by Peter Giannetti | Nov 26, 2024 | Retail Articles
There are fewer holiday shopping days after a late Thanksgiving this year, and that is a good situation for retailers, according to Marshal Cohen, chief retail adviser for market research, analytics and consumer shopping behavior specialist Circana. Noting that...
by Mike Duff | Nov 7, 2024 | Appliances, Home + Housewares, Vacuum Cleaners
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...
by Peter Giannetti | Oct 22, 2024 | Retail Articles
U.S. retail spending remains stable, but consumers are making adjustments to purchase behavior, according to market researcher and analytics advisor Circana. In the five weeks ending October 5, 2024, overall retail sales across general merchandise and consumer...
