by Mike Duff | Aug 4, 2023 | Retail Articles
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
by Mike Duff | Aug 4, 2023 | Retail Articles
In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...
by Mike Duff | Aug 3, 2023 | Retail Articles
Although sales and profits fell in the second quarter, Hamilton Beach still sees revenues for the year coming in flat and operating income gaining against 2022 due to a stronger expected performance in the back half of 2023. Net income was $110,000, or one cent per...
by Mike Duff | Aug 2, 2023 | Retail Articles
During the second quarter, Publix made solid sales and earnings gains year over year. Net earnings for the three months ended July 1 were $1.1 billion, or 33 cents per share, compared to $628 million, or 18 cents per share, in the year-past period, the company stated....
by Mike Duff | Aug 2, 2023 | Retail Articles
In the second quarter, CVS Health topped analyst estimates although front end comparable sales slipped slightly after a 10% gain in the 2022 period. Company net income was $1.9 billion, or $1.48 per diluted share, versus $3.03 billion, or $2.29 per diluted share, in...
