Newell Brands Inc. reported it is revising its outlook for its third quarter and full-year 2022 to reflect a more challenging operating and consumer backdrop than initially expected. The company revised its third-quarter net sales outlook to $2.21billion to $2.32...
Net loss was $18.2 million, or 21 cents per diluted share, versus $37.1 million, or 55 cents per diluted share, in the year-prior period. For the third quarter of fiscal 2022, Tuesday Morning Corp. reported a smaller net loss but expectations of a weaker than expected...
In a move to support its expanding supply chain network and e-commerce business, Walmart announced plans to build a million square foot plus fulfillment center in Olive Branch, MS, to open this spring. The e-commerce-focused facility is part of a broader Walmart...
Helen of Troy Limited reported consolidated net revenue of $624.9 million, a 2% percent decrease compared to the same period in 2021 and a 31.6% increases compared to the period in 2020. The consolidated net sales decline, Helen of Troy reported, was driven in part by...
Rite Aid, reconfiguring operations to deal with an evolving market, posted a net loss for the third quarter, acquired the 67-store Bartell Drug chain, announced the closure of 63 Rite Aid locations and advanced comparable sales in its front-end business. For the third...
