With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
It’s official, Bed Bath & Beyond is back at least online and Overstock, which purchased the intellectual property of the bankrupt retailer, has launched the banner, one that will replace its own. Already, on the day of the launch, clicking on overstock.com would...
Overstock, having already stepped out of other sectors such as jewelry to focus on home and housewares and readying a transition of its banner to Bed Bath & Beyond in early August, was in transitory mode in the second quarter yet still managed to beat Wall Street...
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
Costco Wholesale Corp. posted net sales in June of $22.86 billion, up from $22.78 billion last year despite lagging nonfoods sales. With the effects of gasoline and foreign exchange volatility removed, Costco stated, comparable sales in June gained 2% in the United...
