by Mike Duff | Mar 5, 2025 | Retail Articles
In the fourth quarter, Target comparable store sales gained, although earnings slipped as it announced not only financial results but a new strategic plan. Target said it is revisiting the home assortment as part of the plan by adding more trend-forward newness to...
by Mike Duff | Mar 5, 2025 | Retail Articles
Best Buy delivered positive comparable sales in the fourth quarter with adjusted earnings and revenue topping Wall Street expectations. In the year-earlier quarter, net earnings were $117 million, or 54 cents per diluted share, versus $460 million, or $2.12 per...
by Mike Duff | Feb 27, 2025 | Retail Articles
The eBay fourth quarter came in ahead of a Wall Street estimate as the company has been rebalancing its business to engage more with enthusiasts such as collectors. Net income from continuing operations was $680 million, or $1.40 per diluted share, versus $728...
by Mike Duff | Feb 27, 2025 | Appliances, Home + Housewares, Kitchen Electrics, Retail Articles
In the fourth quarter, Hamilton Beach Brands Holding Co. posted income and revenue gains, and the company stated that it is now looking forward to even better 2025 prospects. Net income was $24 million, or $1.75 per diluted share, compared to net income of $19.6...
by Mike Duff | Feb 27, 2025 | Retail Articles
After missing Wall Street’s fourth-quarter estimates, ODP Corp., which operates Office Depot and OfficeMax, announced a new growth plan that includes deemphasizing retail operations in favor of business-to-business. For the quarter, net income from continuing...