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...
by Mike Duff | Apr 26, 2024 | Appliances, Cookware, Featured News, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware
As Newell Brands advances a turnaround plan initiated last year, the company beat Wall Street’s first-quarter estimates on loss and revenue. Net loss in the quarter was $9 million, or two cents per share, compared with $102 million, or 25 cents per share, in the...
by Mike Duff | Apr 25, 2024 | Featured News, Retail Articles
As it welcomes new CEO Tim Cofer, Keurig Dr Pepper posted sales and earnings that surpassed Wall Street expectations. In the first quarter, net income was $454 million, or 33 cents per diluted share, versus $467 million, or 33 cents per diluted share, in the...
by Mike Duff | Apr 25, 2024 | Retail Articles
With big-ticket sales strengthening, Tractor Supply Co. reported higher comps in the first quarter and earnings that topped Wall Street estimates even if revenues fell just short. Net income was $198.2 million, or $1.83 per diluted share, versus $183.1 million, or...