by Peter Giannetti | Jul 29, 2021 | Appliances, Vacuum Cleaners
Roomba and Brava robotic vacuum parent iRobot posted second-quarter revenue of $365.6 million, a 31% increase from $279.9 million in the second quarter of 2020. The company said sales growth despite supply-chain disruption primarily reflects strong sales demand from...
by Peter Giannetti | Jul 1, 2021 | Featured News, Retail Articles
Bed Bath & Beyond adjusted earnings for its first quarter turned positive but didn’t meet a Wall Street estimate even as the company announced better-than-expected sales and upgraded its financial guidance. The company still posted a GAAP loss, although a narrower...
by Chandler Harvey | Jun 25, 2021 | Retail Articles
Rite Aid Corp. beat a Wall Street earnings estimate despite lower general merchandise sales associated with softer demand for products that helped consumers cope with the COVID-19 pandemic. Net loss from continuing operations was $13.1 million, or 24 cents per share,...
by Peter Giannetti | Jun 17, 2021 | Retail Articles
As it acknowledged digital as increasingly important part of the operation, The Kroger Co. posted first-quarter results lined up against exceptional results in the coronavirus-stricken year-prior period, and it pointed to the quarter the year before that to provide an...
by Peter Giannetti | Jun 14, 2021 | Décor & More, Furniture, Retail Articles
Restoration Hardware has big plans for the future, and it began this year beating a Wall Street earnings estimate for the first quarter. In the quarter, net income was $130.7 million, or $4.19 per diluted share, versus a net loss of $3.2 million, or 17 cents per...
