by Mike Duff | Jul 27, 2023 | Retail Articles
For the second quarter, eBay posted sales and earnings gains with help from higher advertising revenues against a small slide in gross merchandise volume. Net income from continuing operations was $172 million, or 32 cents per share, compared to a net loss of $536...
by Mike Duff | Jul 12, 2023 | Retail Articles
Numerator has assembled an early read of the results from the first 32 hours of Prime Day 2023, which reveals that the event is triggering strong sales of home-related merchandise. Top categories that Prime Day buyers reported purchasing were home goods, at 27%,...
by Mike Duff | May 2, 2023 | Retail Articles
For the first quarter, eBay earnings beat a Wall Street estimate even as the company then announced the appointment of Vidmay Naini as general manager for eBay’s global emerging markets. Income from continuing operations was $569 million, or $1.05 per diluted ...
by Mike Duff | Mar 17, 2023 | Retail Articles
Rite Aid Chief Retail Officer Andre Persaud has left the company in an additional high-level executive departure following a tough third quarter. Although it is not providing much in the way of details, Rite Aid issued a statement that said Persaud “is no longer with...
by Mike Duff | Feb 24, 2023 | Retail Articles
In its fourth quarter, eBay recorded lower sales and gross merchandise volume, but it still did better than expected by Wall Street. Net income from continuing operations was $671 million, or $1.23 per diluted share, the company reported, versus a loss from continuing...
