by Mike Duff | Aug 13, 2024 | Retail Articles
Comps advanced in the third quarter at Sally Beauty as sales and earnings beat a Wall Street estimate. Net earnings were $37.7 million, or 36 cents per diluted share, versus $50.8 million, or 46 cents per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Aug 13, 2024 | Retail Articles
For the second quarter, Home Depot faced softer demand based on economic conditions and anticipation of interest rate cuts but still managed to beat Wall Street estimates. Net earnings were $4.56 billion, or $4.60 per diluted share, versus $4.66 billion, or $4.65 per...
by Mike Duff | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...
by Mike Duff | Aug 7, 2024 | Retail Articles
The Container Store fell short of Wall Street first-quarter estimates, especially in its general merchandise business, as the retailer recorded double-digit negative comparable sales. Consolidated net loss was $14.7 million, or 30 cents per diluted share, versus a net...
by Mike Duff | Aug 1, 2024 | Retail Articles
EBay CEO Jamie Iannone credited artificial intelligence-driven operating improvements and a resale promotion with music star Elton John after the e-commerce company reported second-quarter earnings and revenues that topped Wall Street estimates. Net income from...
