by Mike Duff | Nov 4, 2022 | Retail Articles
Publix sales gained in the third quarter, but earnings fell because of a slide in equity securities. For the three months that ended September 24, Publix’s sales were $13 billion, up from $11.9 billion in 2021, as comparable store sales for the third quarter increased...
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 | Nov 2, 2022 | Retail Articles
Third quarter earnings and income at CVS Health beat Wall Street estimates despite unadjusted losses from an opioid litigation settlement. Company net loss was $3.42 billion, or $2.60 per diluted share, versus net income of $1.6 billion, or $1.20 per diluted share, in...
by Mike Duff | Oct 28, 2022 | Featured News, Retail Articles
Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...
by Mike Duff | Oct 21, 2022 | Retail Articles
Tractor Supply generated solid results in its third quarter, but it had mixed success satisfying Wall Street expectations as the company continued to advance its Life Out Here strategy. Net income advanced to $234.1 million, or $2.10 per diluted share, the company...
