by Mike Duff | May 9, 2022 | Retail Articles
In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
by Mike Duff | May 9, 2022 | Featured News, Retail Articles
Qurate Retail is working to build a turnaround even as its first-quarter sales revenue and earnings slipped. Company net income was $1 million, or zero earnings per share, versus $206 million, or 49 cents per diluted share, in the previous-year period. Adjusted for...
by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
by Mike Duff | Apr 29, 2022 | Featured News, Home + Housewares, Retail Articles
In the first quarter, Amazon had to cope with an environment where a weakening pandemic, snarled supply chains and international turmoil hit operations and pressured earnings. Net loss in the quarter was $3.84 billion, or $7.56 per diluted share, the company reported,...
by Mike Duff | Apr 26, 2022 | Home + Housewares
The Aaron’s Co. easily beat a Wall Street first-quarter earnings estimate even if sales did come up a little short. Net earnings as posted for the quarter were $21.5 million, or 68 cents per diluted share, versus $36.3 million, or $1.04 per diluted share, in the...
