by Mike Duff | Feb 21, 2024 | Featured News, Retail Articles
A day after announcing executive changes, Beyond posted a loss larger than an analyst estimate on revenues exceeding the forecast as new leadership noted the company continues a strategic review of non-core operations. Net loss was $161 million, or $3.55 per diluted...
by Mike Duff | Feb 20, 2024 | Retail Articles
Fiscal 2023 was a year of moderation for Home Depot, the company reported, but the company ended it with a Wall Street fourth-quarter beat and entered 2024 better positioned to push key strategies. Net earnings were $2.8 billion, or $2.82 per diluted share, versus...
by Mike Duff | Feb 15, 2024 | Retail Articles
At the end of the fiscal year, SharkNinja posted Wall Street beats on earnings and revenue. Net income advanced to $49.3 million, or 35 cents per share, from $46.6 million, or 34 cents per share, in the prior-year period. Adjusted for one-time events, net income...
by Mike Duff | Feb 14, 2024 | Retail Articles
Ace Hardware Corp. suffered a fourth-quarter sales slump, but leadership pointed to positives for the fiscal year in announcing financial results. The fourth quarter net income was $500,000 versus a net loss of $4.6 million in the fiscal year 2022. The approximately...
by Mike Duff | Feb 9, 2024 | Featured News, Retail Articles
In the fourth quarter, Newell Brands did better than Wall Street expected as it pursued a revamped corporate strategy that included initiatives to improve operations. Net loss was $86 million, or 21 cents per diluted share, versus a net loss of $249 million, or 60...
