Ace Q1 Revenues Gain but Profits Slip

Ace Q1 Revenues Gain but Profits Slip

For the first quarter, Ace Hardware Corp. reported higher revenues but lower profits as it looked to greater operating and interest expenses, it announced. The cooperative posted a company net income of $47.2 million versus $66.6 million in the year-earlier quarter....
Wayfair Tops Q1 Estimates As Loss Declines

Wayfair Tops Q1 Estimates As Loss Declines

For the first quarter, Wayfair beat Wall Street estimates with a lesser loss, although sales declined slightly. Net loss was $248 million, or $2.06 per diluted share, versus a net loss of a net loss of $355 million, or $3.22 per diluted share, in the year-past period....
CVS Q1 Misses Sales, Earnings Estimates

CVS Q1 Misses Sales, Earnings Estimates

The first quarter did not live up to expectations at CVS Health, with earnings well short of Wall Street estimates and front-end comparable sales down. Company net income was $1.11 billion, or 88 cents per diluted share, versus $2.14 billion, or $1.65 per diluted...