by Mike Duff | Dec 8, 2023 | Retail Articles
Net loss was $2.2 million, or 12 cents per diluted share, versus net income of $98.8 million, or $3.78 per diluted share, in the year-earlier quarter. Adjusted for one-time events, net loss was $7.8 million, or 42 cents per diluted share, versus net income of $110.4...
by Mike Duff | Dec 8, 2023 | Featured News, Retail Articles
After a year of transformations, Beyond, the former Overstock and new operator of Bed Bath & Beyond’s retail operations, said it experienced sales success during the Thanksgiving weekend ending Cyber Monday and announced a forthcoming online fireside chat that...
by Mike Duff | Dec 8, 2023 | Retail Articles
Dollar General sales gained but earnings fell, yet both topped a Wall Street estimate for the third quarter. Net income was $276.2 million, or $1.26 per diluted share, versus $526.2 million, or $2.33 per diluted share, in the year-before quarter. A Yahoo...
by Mike Duff | Dec 7, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings posted earnings and revenues that topped a Wall Street estimate, citing strong closeout deal flow from suppliers and growing demand from value-conscious consumers. Net income advanced to $31.8 million, or 51 cents per diluted share,...
by Mike Duff | Dec 7, 2023 | Featured News, Retail Articles
Amazon’s Dharmesh Mehta, vice president, worldwide selling partner services, revealed in a blog post the contents of an email Amazon sent to its third-party selling partners detailing fee updates in the year ahead designed in part to incentivize designated...