Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
Publix sales gained in the third quarter, but earnings fell because of a slide in equity securities. For the three months that ended September 24, Publix’s sales were $13 billion, up from $11.9 billion in 2021, as comparable store sales for the third quarter increased...
After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
Third quarter earnings and income at CVS Health beat Wall Street estimates despite unadjusted losses from an opioid litigation settlement. Company net loss was $3.42 billion, or $2.60 per diluted share, versus net income of $1.6 billion, or $1.20 per diluted share, in...
Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...