by Peter Giannetti | Aug 1, 2022 | Appliances, Cookware, Featured News, Food Storage, Kitchenware
Sales declines in Newell Brands’ Home Appliances and Home Solution businesses contributed to a 6.5% overall sales decline by the company in its second quarter. Newell reported net sales in the quarter were $2.5 billion, with core sales growth of 1.7% offset by...
by Mike Duff | Jul 29, 2022 | Featured News, Retail Articles
Amazon fell short of second-quarter expectations as it continued working to cut costs and drive its Prime business. In the quarter that ended June 30, Amazon’s net loss was $2.03 billion, or 20 cents per diluted share, versus net earnings of $7.78 billion, or 76...
by Peter Giannetti | Jul 28, 2022 | Appliances, Home + Housewares, Kitchen Electrics
Keurig Dr. Pepper reported net second-quarter sales from its coffee systems gained 8.5% year over year to $1.2 billion, compared to $1.1 billion for the same period in 2021. Net sales from coffee systems for the period on a constant currency basis increased year over...
by Mike Duff | Jul 25, 2022 | Retail Articles
The ODP Corp, parent of Office Depot and OfficeMax, has announced preliminary unaudited results for the second quarter of 2022 including adjusted net income from continuing operations in the range of $38 million to $40 million; and adjusted diluted earnings per share...
by Mike Duff | Jul 22, 2022 | Retail Articles
In the second quarter, Tractor Supply enjoyed mid-single-digit comparable store sales growth following a 10.5% year-over-year gain in the period a year prior and a solid earnings increase. Net income increased to $396.5 million, or $3.53 per diluted share, from $370...
