by Mike Duff | Feb 9, 2024 | Featured News, Retail Articles
In the fourth quarter, Newell Brands did better than Wall Street expected as it pursued a revamped corporate strategy that included initiatives to improve operations. Net loss was $86 million, or 21 cents per diluted share, versus a net loss of $249 million, or 60...
by Mike Duff | Aug 9, 2023 | Retail Articles
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
by Mike Duff | Jun 29, 2023 | Retail Articles
In the first quarter, Rite Aid made strides, posting revenues that exceeded analyst expectations and a lower adjusted loss that also came in better than Wall Street anticipated. First quarter net loss was $306.7 million, or $5.56 per diluted share, compared to a net...
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 | Apr 28, 2023 | Featured News, Retail Articles
Amazon turned to profits in the first quarter and beat Wall Street earnings and sales estimates with the e-commerce giant noting the contribution of an expanded home assortment led by a new Martha Stewart program. The company posted first-quarter net income of $3.17...