In a strong finish to the year, Amazon easily beat Wall Street estimates as sales in North America advanced to double digits and the region turned to profits. In announcing its financial results, Amazon maintained that generative artificial intelligence would be a...
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...
Whatever else comes out of the year’s end, the holiday season experienced gains in online sales, according to Adobe Analytics and Signifyd. Adobe Analytics pegged online holiday season retail revenue, defining the period as November 1 to December 31, at $222.1...
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...
Dollar General sales gained but earnings fell, yet both topped a Wall Street estimate for the third quarter. Net income was $276.2 million, or $1.26 per diluted share, versus $526.2 million, or $2.33 per diluted share, in the year-before quarter. A Yahoo...