by Mike Duff | Aug 10, 2023 | Retail Articles
Despite posting lower sales and earnings, Dillard’s did better than Wall Street expected in the second quarter. Net income was $131.5 million, or $7.98 per diluted share, versus $163.4 million, or $9.30 per diluted share, in the year-previous quarter, the company...
by Mike Duff | Aug 9, 2023 | Retail Articles
The ODP Corp., parent of Office Depot, beat a Wall Street earnings estimate, although second-quarter revenue didn’t meet expectations. Net income from continuing operations was $34 million, or 87 cents per diluted share, versus $20 million, or 39 cents per diluted...
by Mike Duff | Aug 9, 2023 | Retail Articles
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
by Mike Duff | Aug 4, 2023 | Retail Articles
In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...
by Mike Duff | Aug 3, 2023 | Retail Articles
Although sales and profits fell in the second quarter, Hamilton Beach still sees revenues for the year coming in flat and operating income gaining against 2022 due to a stronger expected performance in the back half of 2023. Net income was $110,000, or one cent per...
