Albertsons Q2 Sales Gain but Earnings Lag

Albertsons Q2 Sales Gain but Earnings Lag

As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
Qurate Retail Struggled Through Rough Q2

Qurate Retail Struggled Through Rough Q2

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...