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...
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,...
The beauty expansion at Kohl’s continues with 250 stores set to add full-sized, 2,500-square-foot Sephora at Kohl’s shops in 2023. The beauty expansion at Kohl’s continues with 250 stores set to add full-sized, 2,500-square-foot Sephora at Kohl’s shops in 2023. The...
With a change in focus to a home-only assortment and headwinds from consumer behavior changes and general economic conditions, Overstock suffered a loss for the fourth quarter, but the online retailer managed an adjusted net income gain for the full fiscal year...
Walmart reported its fourth-quarter results beat Wall Street estimates as the company adjusted to economic conditions and won market share while preparing to modify operations further with additional emphasis on home and apparel categories. Walmart net income was...
