by Mike Duff | May 14, 2024 | Retail Articles
Despite beating Wall Street estimates in the fourth quarter, The Container Store Group announced that it is seeking strategic alternatives for the business in the face of losses. The company also announced that it had been notified by the New York Stock Exchange that...
by Mike Duff | May 2, 2024 | Retail Articles
For the first quarter, Wayfair beat Wall Street estimates with a lesser loss, although sales declined slightly. Net loss was $248 million, or $2.06 per diluted share, versus a net loss of a net loss of $355 million, or $3.22 per diluted share, in the year-past period....
by Mike Duff | May 2, 2024 | Retail Articles
The first quarter did not live up to expectations at CVS Health, with earnings well short of Wall Street estimates and front-end comparable sales down. Company net income was $1.11 billion, or 88 cents per diluted share, versus $2.14 billion, or $1.65 per diluted...
by Mike Duff | Apr 26, 2024 | Appliances, Cookware, Featured News, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware
As Newell Brands advances a turnaround plan initiated last year, the company beat Wall Street’s first-quarter estimates on loss and revenue. Net loss in the quarter was $9 million, or two cents per share, compared with $102 million, or 25 cents per share, in the...
by Mike Duff | Apr 25, 2024 | Featured News, Retail Articles
As it welcomes new CEO Tim Cofer, Keurig Dr Pepper posted sales and earnings that surpassed Wall Street expectations. In the first quarter, net income was $454 million, or 33 cents per diluted share, versus $467 million, or 33 cents per diluted share, in the...