by Mike Duff | Aug 10, 2022 | Retail Articles
One-time charges aside, eBay managed to beat a Wall Street earning estimate in the second quarter, even if sales and earnings slipped. Net loss from continuing operations was $536 million, or 96 cents per diluted share, versus net income of $294 million, or 43 cents...
by Mike Duff | Aug 9, 2022 | Retail Articles
The third quarter wasn’t exactly pretty for Sally Beauty as its sales and earnings slipped. Net earnings in the quarter were $46.6 million, or 43 cents per diluted share, versus $76.2 million, or 66 cents per diluted share, in the prior-year period. Adjusted for...
by Mike Duff | Aug 5, 2022 | Retail Articles
As the company continues on its reorganization as a community well resource, CVS Health beat Wall Street estimates on earnings and revenues while posting a strong comparable sales gain in the retail business. Company net income was $2.95 billion, or $2.23 per diluted...
by Mike Duff | Aug 4, 2022 | Retail Articles
For the second quarter, Wayfair recorded a loss during a period the company’s chairman termed “difficult.” Net loss for the quarter was $378 million, or $3.59 per diluted share, versus net income of $131 million, or $1.14 per diluted share in the year-previous period....
by Mike Duff | Aug 4, 2022 | Retail Articles
In the second quarter, Rent-A-Center saw earnings slip as inflation squeezed its lower-income customers, but it still managed to profit better than Wall Street expected. Net earnings were $19.7 million, or 33 cents per diluted share, versus $61.3 million, or 90 cents...