by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
by Peter Giannetti | May 2, 2022 | Appliances, Cookware, Food Storage, Kitchenware
Newell Brands reported first-quarter corporate net sales of $2.4 billion, a 4.4% year-over-year increase. Core sales at Newell advanced 6.9% year over year with five of seven business units reporting gains in core sales compared with the prior-year period. Newell’s...
by Mike Duff | Apr 29, 2022 | Featured News, Home + Housewares, Retail Articles
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
by Mike Duff | Apr 26, 2022 | Home + Housewares
The Aaron’s Co. easily beat a Wall Street first-quarter earnings estimate even if sales did come up a little short. Net earnings as posted for the quarter were $21.5 million, or 68 cents per diluted share, versus $36.3 million, or $1.04 per diluted share, in the...
by Mike Duff | Jan 7, 2022 | Retail Articles
The ongoing COVID-19 pandemic helped drive Walgreens Boots Alliance to a Wall Street beat on earnings and sales in the first fiscal quarter, with a strong retail performance partly attributable to coronavirus testing and vaccinations. In the course of a first-quarter...
