by Mike Duff | Nov 10, 2022 | Retail Articles
The third quarter saw Dillard’s sales and earnings beat Wall Street expectations with home products among key contributors during the period. Dillard’s reported net income of $187.9 million, or $10.96 per share, versus $197.3 million, or $9.81 per share, for the...
by Peter Giannetti | Nov 9, 2022 | Appliances, Home + Housewares, Vacuum Cleaners
iRobot, awaiting the close of its pending sale to Amazon, reported a steep drop in orders of its robotic cleaning appliances by U.S. retailers contributed to a 37% year-over-year sales decline in its third quarter. The developer and marketer of Roomba robotic vacuum...
by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Peter Giannetti | Nov 4, 2022 | Appliances, Home Environment, Kitchen Electrics
Higher gross margins and lower costs drove year-over-year operating profit gains by Hamilton Beach Brands Holding Company in its third quarter despite a revenue decline. In reporting a year-over-year quarterly revenue decrease of 3.8% reflecting lower consumer sales...
by Mike Duff | Nov 4, 2022 | Retail Articles
Publix sales gained in the third quarter, but earnings fell because of a slide in equity securities. For the three months that ended September 24, Publix’s sales were $13 billion, up from $11.9 billion in 2021, as comparable store sales for the third quarter increased...
