by Mike Duff | May 2, 2024 | Retail Articles
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....
by Mike Duff | May 2, 2024 | Retail Articles
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...
by Mike Duff | May 1, 2024 | Retail Articles
In the first quarter, Amazon drove sales and earnings past Wall Street expectations as each of its major divisions showed gains and new plans got underway, including the development of a new Whole Foods Market store concept. Net income increased to $10.43 billion, or...
by Mike Duff | Apr 26, 2024 | Appliances, Cookware, Featured News, Food Storage, Home + Housewares, Kitchen Electrics, Kitchenware
As Newell Brands advances a turnaround plan initiated last year, the company beat Wall Street’s first-quarter estimates on loss and revenue. Net loss in the quarter was $9 million, or two cents per share, compared with $102 million, or 25 cents per share, in the...
by Mike Duff | Dec 18, 2023 | Featured News, Retail Articles
Costco Wholesale Corp. came out ahead of an analyst estimate for its first quarter as earnings and comps gained with help from nonfoods. Costco reported that net income was $1.59 billion, or $3.58 per diluted share, versus $1.36 billion, or $3.07 per diluted share, in...
