by Mike Duff | May 9, 2022 | Featured News, Retail Articles
Qurate Retail is working to build a turnaround even as its first-quarter sales revenue and earnings slipped. Company net income was $1 million, or zero earnings per share, versus $206 million, or 49 cents per diluted share, in the previous-year period. Adjusted for...
by Mike Duff | May 6, 2022 | Retail Articles
In the second quarter, Sally Beauty came up short of Wall Street sales and earnings estimates as supply chain, inflation and stimulus factors weighed. Second-quarter net earnings were $46.8 million, or 42 cents per diluted share, versus $38.3 million, or 34 cents per...
by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
by Mike Duff | May 5, 2022 | Retail Articles
EBay struggled ahead through its first quarter but still managed to do a bit better than financial analysts anticipate as it works to create new support for sellers. Loss from continuing operations at eBay was $1.34 billion, or $2.28 per diluted share, versus net...
by Mike Duff | May 5, 2022 | Retail Articles
For the first quarter, ODP Corp, which operates the Office Depot and OfficeMax superstore chains, posted earnings and revenues that surpassed Wall Street expectations. Net income from continuing operations was $55 million, or $1.09 per diluted share, the company...
