by Mike Duff | May 9, 2022 | Retail Articles
In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
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...
