by Mike Duff | May 17, 2023 | Retail Articles
In the first quarter, TJX recorded higher earnings that beat a Wall Street estimate but sales that didn’t quite live up to expectations with revenue in home merchandise continuing to lag. Net income in the quarter was $891 million, or 76 cents per diluted share,...
by Mike Duff | May 16, 2023 | Retail Articles
The first quarter brought lower sales and earnings at Home Depot as an increasingly wary consumer and poor weather put a damper on spring business, the company announced. Home Depot posted net earnings of $3.87 billion, or $3.82 per diluted share, versus $4.23...
by Mike Duff | May 12, 2023 | Featured News, Home + Housewares, Kitchen Electrics, Kitchenware, Personal Care & Wellness, Tableware
In the second quarter, Spectrum Brands posted a net loss and lower sales as the company realigns the business, an effort that took another step forward with a settlement with the United States Department of Justice. Net loss from continuing operations was $75 million,...
by Mike Duff | May 5, 2023 | Retail Articles
Qurate Retail reported the company turnaround plan is taking hold as its first-quarter loss was less than Wall Street expected and sales were more. Company net income was $20 million, or 5 cents per diluted share, versus $1 million, or, in effect, zero cents per...
by Mike Duff | May 5, 2023 | Retail Articles
In the midst of reorganizing the company, CVS Health posted lower net income that was still good enough to beat a Wall Street estimate, and it recorded a front-end comp gain. Company net income was $2.14 billion, or $1.65 per diluted share, versus $2.35 billion, or...
