by Mike Duff | Nov 3, 2022 | Featured News, Retail Articles
After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
by Peter Giannetti | Oct 27, 2022 | Appliances, Kitchen Electrics
Keurig Dr. Pepper reported a 4.7% year-over-year gain in net sales from its coffee systems in its fiscal third quarter. Net sales for the quarter increased by $1.21 billion, compared to $1.16 billion in the year-ago period. On a constant currency basis, net sales from...
by Mike Duff | Oct 25, 2022 | Retail Articles
Aaron’s managed to beat Wall Street estimates for earnings and revenues in the third quarter despite a GAAP loss. Aaron’s posted a net loss of $15.6 million, or 51 cents per diluted share, versus net earnings of $24.3 million, or 73 cents per share, in the...
by Mike Duff | Oct 21, 2022 | Retail Articles
Tractor Supply generated solid results in its third quarter, but it had mixed success satisfying Wall Street expectations as the company continued to advance its Life Out Here strategy. Net income advanced to $234.1 million, or $2.10 per diluted share, the company...
by Mike Duff | Oct 21, 2022 | Retail Articles
Chandra Holt, Conn’s president, CEO and a board director, has departed the company as it withdrew previous fiscal 2023 financial guidance in the face of ongoing market challenges. On Holt’s exit, Conn’s announced that Norman Miller has been installed as...
