by Mike Duff | Dec 21, 2022 | Retail Articles
The third quarter spelled losses for Rite Aid Corp. but the company did beat Wall Street estimates as front-end comparable sales advanced. Third quarter net loss was $67.1 million, or $1.23 per share, compared to a net loss of $36.1 million, or 67 cents per share, in...
by Mike Duff | Dec 1, 2022 | Retail Articles
Big Lots had a tough third quarter but vows it’s making progress on turning financials around. For the third quarter, Big Lots recorded a net loss of $103 million, or $3.56 per share, versus $4.3 million, or 14 cents per diluted share, in the year-prior period. With...
by Mike Duff | Nov 3, 2022 | Featured News, Retail Articles
After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
by Mike Duff | Sep 29, 2022 | Featured News, Retail Articles
Bed Bath & Beyond missed Wall Street estimates for the second quarter as sales slid and losses mounted. Net loss was $366.2 million, or $4.59 per diluted share, versus a net loss of $73.2 million, or 72 cents per share, in the year-before quarter. Adjusted for...
by Mike Duff | Aug 4, 2022 | Retail Articles
For the second quarter, Wayfair recorded a loss during a period the company’s chairman termed “difficult.” Net loss for the quarter was $378 million, or $3.59 per diluted share, versus net income of $131 million, or $1.14 per diluted share in the year-previous period....
