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Spectrum Brands Eyes Recovery After Soft Q2

Spectrum Brands Eyes Recovery After Soft Q2

by Mike Duff | May 8, 2025 | Appliances, Home + Housewares, Kitchen Electrics, Pet Products

Spectrum Brands Holdings remains well-positioned to weather macroeconomic and trade disruptions, but it impacted its second-quarter results. Spectrum recorded net income of $1.8 million, or six cents per diluted share, in the second quarter, versus $49.9 million, or...
Beautiful by Drew Introduces 10-in-1 Multicooker, Two New Colorways

Beautiful by Drew Introduces 10-in-1 Multicooker, Two New Colorways

by Chandler Harvey | Sep 26, 2024 | Appliances, Cookware, Home + Housewares, Kitchen Electrics, Kitchenware

Beautiful by Drew Barrymore, a collaboration with Made by Gather, has introduced a 10-in-1 Multicooker along with two new colorways: Wildflower and Starry Night. The 10-in-1 Multicooker (pictured above) can sauté, slow cook, simmer, steam, braise and more, performing...
Best Buy Sees Signs of Market Stabilization After Better-Than-Expected Q2

Best Buy Sees Signs of Market Stabilization After Better-Than-Expected Q2

by Mike Duff | Aug 29, 2024 | Retail Articles

Best Buy sounded optimistic about its prospects heading toward 2025 after posting better-than-expected second-quarter earnings and revenue despite lower comps. Best Buy reported that the appliance business remained soft during the second quarter. Net income was $291...
Home Depot Posts Q2 Beat Despite Macroeconomic Drag, Cautious Consumers

Home Depot Posts Q2 Beat Despite Macroeconomic Drag, Cautious Consumers

by Mike Duff | Aug 13, 2024 | Retail Articles

For the second quarter, Home Depot faced softer demand based on economic conditions and anticipation of interest rate cuts but still managed to beat Wall Street estimates. Net earnings were $4.56 billion, or $4.60 per diluted share, versus $4.66 billion, or $4.65 per...
Comscore: U.S E-Commerce Sets Annual, Fourth Quarter Records in 2023

Comscore: U.S E-Commerce Sets Annual, Fourth Quarter Records in 2023

by Mike Duff | Apr 23, 2024 | Retail Articles

E-commerce spending in the United States reached $1.3 trillion in 2023, setting an annual record up from $1.09 trillion in the year before, according to the annual Comscore State of Digital Commerce report, even as fourth-quarter spending of $389.2 billion surpassed...
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