Ace Q2 Comps, Earnings Slip

Ace Q2 Comps, Earnings Slip

At a time when home improvement companies are facing consumers who are budgeting closely and making fewer discretionary purchases, Ace Hardware reported lower second-quarter earnings and declining comparable sales. In the quarter, the company’s net income was...
Qurate Retail Struggled Through Rough Q2

Qurate Retail Struggled Through Rough Q2

Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...