by Mike Duff | Aug 3, 2023 | Retail Articles
With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
by Mike Duff | Aug 2, 2023 | Retail Articles
During the second quarter, Publix made solid sales and earnings gains year over year. Net earnings for the three months ended July 1 were $1.1 billion, or 33 cents per share, compared to $628 million, or 18 cents per share, in the year-past period, the company stated....
by Mike Duff | Aug 2, 2023 | Retail Articles
In the second quarter, CVS Health topped analyst estimates although front end comparable sales slipped slightly after a 10% gain in the 2022 period. Company net income was $1.9 billion, or $1.48 per diluted share, versus $3.03 billion, or $2.29 per diluted share, in...
by Mike Duff | Aug 1, 2023 | Retail Articles
As it updated its stores goal to 3,000 across the United States and annual plan of new openings to 90 per year, Tractor Supply announced its second quarter financial results including gains in net and comparable sales as well as earnings. The company posted a net...
by Mike Duff | Aug 1, 2023 | Retail Articles
In its ongoing efforts to refine and detail its Amazon Prime Day research results, Numerator tracked purchase data and surveyed verified buyers to determine that 2023 Prime Day outpaced past years in household penetration, at 36%, orders per household, at 3.1, spend...
