by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Nov 3, 2022 | Retail Articles
Even as the company announced third-quarter earnings that fell short of a Wall Street estimate, ODP Corp. made its case to investors regarding how its realigned structure would drive financial advances. In the third quarter, ODP net income from continuing operations...
by Mike Duff | Nov 3, 2022 | Featured News, Retail Articles
After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
by Mike Duff | Nov 2, 2022 | Retail Articles
Third quarter earnings and income at CVS Health beat Wall Street estimates despite unadjusted losses from an opioid litigation settlement. Company net loss was $3.42 billion, or $2.60 per diluted share, versus net income of $1.6 billion, or $1.20 per diluted share, in...
by Mike Duff | Nov 2, 2022 | Retail Articles
Container Store made adjustments and advanced store and holiday initiatives in the second quarter even as macroeconomic challenges pressured results. As it announced its financial results, the company announced a new architecture for its offering of custom spaces and...
