Sales Gain As Ikea U.S. Plans More Small Stores

Sales Gain As Ikea U.S. Plans More Small Stores

Ikea U.S. is reporting sales gains and plans to expand its Plan and Order Points with Pick-Up locations and stores considerably smaller than its showroom format dedicated to kitchen, bedroom, and living room planning. According to the company, the fiscal year 2023 set...
RH Q3 Turns to Loss as Headwinds Bite

RH Q3 Turns to Loss as Headwinds Bite

Net loss was $2.2 million, or 12 cents per diluted share, versus net income of $98.8 million, or $3.78 per diluted share, in the year-earlier quarter. Adjusted for one-time events, net loss was $7.8 million, or 42 cents per diluted share, versus net income of $110.4...