by Mike Duff | Aug 9, 2024 | Retail Articles
Retail sales advanced during a July that saw lots of early back-to-school spending and major promotions from Amazon, Walmart, Target and other retailers. According to the CNBC/NRF Retail Monitor, shoppers purchasing for return to classes, to take advantage of...
by Mike Duff | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...
by Mike Duff | Aug 7, 2024 | Retail Articles
The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
by Mike Duff | Jul 25, 2024 | Retail Articles
After experiencing some controversy because of social initiatives, Tractor Supply met a second-quarter earnings estimate, although sales fell short. Net income was $425.2 million, or $3.93 per diluted share, versus $421.2 million, or $3.83 per diluted share, in the...
by Mike Duff | Jul 25, 2024 | Retail Articles
In the second quarter, Keurig Dr Pepper recorded net earnings that matched a Wall Street estimate and sales that narrowly topped the forecast, with unit volume increasing in coffee machines and K-cups. In the U.S. Coffee segment, net sales slipped 2.1% to $1 billion...