by Mike Duff | Apr 30, 2025 | Retail Articles
Newell Brands posted better first-quarter financial results than Wall Street expected as it has focused on improving fundamentals while anticipating the advantages of expanding domestic manufacturing investment across its businesses. Reported net loss was $37 million,...
by Mike Duff | Apr 24, 2025 | Appliances, Home + Housewares
The first quarter saw sales and earnings gains at Keurig Dr Pepper, as reported by the company, which noted that Bob Gamgort has assumed a new board role as the company welcomed two new independent directors. Gamgort, who was executive chairman, has become...
by Mike Duff | Dec 13, 2024 | Retail Articles
Costco posted another strong quarter with solid comparable sales and earnings increases as nonfoods revenue, including home furnishings, health and beauty aids, luggage and hardware, gained. Net income for the quarter was $1.8 billion, or $4.04 per diluted share,...
by Mike Duff | Aug 29, 2024 | Retail Articles
Speculation is swirling around Big Lots after Bloomberg reported that the company might seek bankruptcy protection. Bloomberg added that, as a bankruptcy alternative, Big Lots is simultaneously seeking new investors, citing a source familiar with the search. Bloomberg...
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...
