by Mike Duff | May 2, 2023 | Retail Articles
For the first quarter, eBay earnings beat a Wall Street estimate even as the company then announced the appointment of Vidmay Naini as general manager for eBay’s global emerging markets. Income from continuing operations was $569 million, or $1.05 per diluted ...
by Mike Duff | Apr 28, 2023 | Appliances, Cutlery, Featured News, Food Storage, Kitchen Electrics, Kitchenware
Newell Brands posted a first-quarter loss as it takes steps to make the business more efficient. Newell posted a net loss of $102 million, or 25 cents per diluted share, versus net income of $228 million, or 54 cents per diluted share, in the year-earlier quarter....
by Mike Duff | Apr 20, 2023 | Retail Articles
Rite Aid narrowed adjusted loss in the fourth quarter but was short of Wall Street expectations even as sales surpassed an analyst estimate. For the quarter, Rite Aid announced that it lost $241.3 million, or $4.39 per diluted share, versus a loss of $389.1 million,...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
by Mike Duff | Apr 10, 2023 | Retail Articles
Non-food revenues were soft at Costco Wholesale Corporation in fiscal March as net sales came in at $21.71 billion, up 0.5% from the year-earlier month. Comparable store sales, excluding the effects of gasoline price and foreign exchange volatility, gained 2.6%. Comps...
