As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
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,...
In Engagement Labs’ TotalSocial Most Loved Brands this year the strong response to one retailer’s offline presence may not surprise anyone, but the appearance of another in the online top 10 might catch some unaware. Engagement Labs, which monitors online...
Wayfair CEO Niraj Shah, in announcing the company’s year-over-year loss increased and revenue slipped year in the fourth quarter, said the retailer had adjusted operations for greater efficiency and to generate better results. Wayfair CEO Niraj Shah, in...
