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Newell Surpasses Q1 Expectations While Advancing Turnaround Strategy

Newell Surpasses Q1 Expectations While Advancing Turnaround Strategy

by Mike Duff | Apr 26, 2024 | Appliances, Cookware, Featured News, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware

As Newell Brands advances a turnaround plan initiated last year, the company beat Wall Street’s first-quarter estimates on loss and revenue. Net loss in the quarter was $9 million, or two cents per share, compared with $102 million, or 25 cents per share, in the...
Cofer Assumes CEO Role As Keurig Dr Pepper Q1 Beats Street

Cofer Assumes CEO Role As Keurig Dr Pepper Q1 Beats Street

by Mike Duff | Apr 25, 2024 | Featured News, Retail Articles

As it welcomes new CEO Tim Cofer, Keurig Dr Pepper posted sales and earnings that surpassed Wall Street expectations. In the first quarter, net income was $454 million, or 33 cents per diluted share, versus $467 million, or 33 cents per diluted share, in the...
Tractor Supply Posts Earnings, Comp Gains for Q1

Tractor Supply Posts Earnings, Comp Gains for Q1

by Mike Duff | Apr 25, 2024 | Retail Articles

With big-ticket sales strengthening, Tractor Supply Co. reported higher comps in the first quarter and earnings that topped Wall Street estimates even if revenues fell just short. Net income was $198.2 million, or $1.83 per diluted share, versus $183.1 million, or...
Headwinds, Internal Initiatives Hit RH Q4 Financials

Headwinds, Internal Initiatives Hit RH Q4 Financials

by Mike Duff | Apr 1, 2024 | Retail Articles

In the fourth quarter, Restoration Hardware sales and earnings slid, but CEO Gary Friedman insisted that the company has positioned itself for growth. Net income was $11.4 million, or 57 cents per diluted share, versus $106.9 million, or $4.21 per diluted share, in...
Kirkland’s Beats Street Estimates As It Pursues Turnaround

Kirkland’s Beats Street Estimates As It Pursues Turnaround

by Mike Duff | Mar 21, 2024 | Home + Housewares, Retail Articles

In the fourth quarter, Kirkland’s Home turned a profit and beat Wall Street estimates. Net income in the 14-week fourth quarter was $10.1 million, or 78 cents per diluted share, versus a net loss of $3.8 million, or 30 cents per diluted share, in the 13-week...
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