by Mike Duff | May 14, 2024 | Retail Articles
Despite beating Wall Street estimates in the fourth quarter, The Container Store Group announced that it is seeking strategic alternatives for the business in the face of losses. The company also announced that it had been notified by the New York Stock Exchange that...
by Mike Duff | May 9, 2024 | Appliances, Home + Housewares, Kitchen Electrics, Vacuum Cleaners
During the first quarter, SharkNinja pushed past a billion dollars in sales and beat Wall Street estimates. Net income was $109.6 million, or 78 cents per diluted share, versus $87.1 million, or 63 cents per diluted share, in the year-before quarter. Adjusted for...
by Mike Duff | May 3, 2024 | Retail Articles
The Target April Circle Week Sale promotion generated 7% more sales than the weekly average in the previous four weeks according to Earnest credit card data. The number represents a two-point acceleration in the Circle sale’s contribution to the Target topline...
by Mike Duff | May 2, 2024 | Retail Articles
For the first quarter, Wayfair beat Wall Street estimates with a lesser loss, although sales declined slightly. Net loss was $248 million, or $2.06 per diluted share, versus a net loss of a net loss of $355 million, or $3.22 per diluted share, in the year-past period....
by Mike Duff | May 2, 2024 | Retail Articles
The first quarter did not live up to expectations at CVS Health, with earnings well short of Wall Street estimates and front-end comparable sales down. Company net income was $1.11 billion, or 88 cents per diluted share, versus $2.14 billion, or $1.65 per diluted...
