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Williams-Sonoma Q3 Pressured by Promotions, Weakness in Furniture

Williams-Sonoma Q3 Pressured by Promotions, Weakness in Furniture

by Mike Duff | Nov 17, 2023 | Retail Articles

Wariness about purchasing big-ticket furniture and a promotional market environment hit Williams-Sonoma in the third quarter, according to the company. However, it still managed to beat a Wall Street earnings estimate. The company reported that net earnings were...
Macy’s Focused on Holidays As Q3 Results Top Wall Street

Macy’s Focused on Holidays As Q3 Results Top Wall Street

by Mike Duff | Nov 16, 2023 | Retail Articles

Despite posting year-over-year declines, Macy’s beat Wall Street estimates for the third quarter as the company prepares to emphasize its gifting assortment for the holiday season. Net income was $43 million, or 15 cents per diluted share, versus $108 million, or 39...
Ace Reports Record Sales, Higher Comps Lumber Excluded

Ace Reports Record Sales, Higher Comps Lumber Excluded

by Mike Duff | Nov 15, 2023 | Retail Articles

In the third quarter, Ace Hardware Corp. reported record revenues of $2.29 billion, up 2.5% from the year-before period. The cooperative posted net income of $130 million versus $100.6 million, while net income attributable to Ace Corporation was $130.5 million versus...
Yeti Beats Street Despite Recall Costs

Yeti Beats Street Despite Recall Costs

by Mike Duff | Nov 9, 2023 | Beverageware, Food Storage, Home + Housewares, Kitchenware, Tableware

Despite having to deal with recall complications, Yeti Holdings beat a Wall Street earnings and sales forecast with introductions helping to drive results. Net income was $42.7 million, or 49 cents per diluted share, versus $45.5 million, or 52 cents per diluted...
SharkNinja Rides New Product Wave to Strong Q3 Results

SharkNinja Rides New Product Wave to Strong Q3 Results

by Mike Duff | Nov 9, 2023 | Appliances, Cleaning Tools, Home + Housewares, Kitchen Electrics, Organization & Cleaning

SharkNinja got a boost from newly released products in the third quarter, beating a Wall Street estimate on earnings and revenues. SharkNinja posted net income of $18.7 million, or 13 cents per diluted share, versus $80.3 million, or 58 cents per diluted share, in the...
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