by Mike Duff | May 15, 2025 | Retail Articles
Commenting on first-quarter results, Doug McMillon, Walmart Inc. president and CEO, said dealing with tariffs would be a challenge for the company, but Walmart would do what’s possible to keep prices low for customers. However, McMillon (pictured above) added...
by Mike Duff | May 8, 2025 | Appliances, Home + Housewares, Kitchen Electrics, Personal Care & Wellness
For the first quarter, SharkNinja beat Wall Street earnings and revenue estimates, even if results were somewhat mixed. Net income was $117.8 million compared to $109.6 million in the year-before quarter, as net income per diluted share came in at 83 cents versus 78...
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...
by Mike Duff | May 8, 2025 | Retail Articles
As the company continues restructuring its business even as it wrestles with tariff issues, QVC Group posted a higher net loss in the first quarter as revenue declined. Net loss was $100 million, or 25 cents per diluted share, versus a net loss of $1 million in the...
by Mike Duff | May 7, 2025 | Retail Articles
A survey conducted by Coresight Research indicated that higher-income and younger consumers in the United States remain most optimistic about the economy and personal finances. In terms of consumer sentiment, high-income consumers, with a household income of over...