by Mike Duff | Nov 21, 2022 | Retail Articles
Ace Hardware Corp. reported higher earnings and record sales in the third quarter, providing evidence that the home repair and remodeling sector is going strong. Ace posted a net income of $100.6 million for the quarter versus $99.3 million in the year-prior period....
by Mike Duff | Nov 10, 2022 | Retail Articles
The third quarter saw Dillard’s sales and earnings beat Wall Street expectations with home products among key contributors during the period. Dillard’s reported net income of $187.9 million, or $10.96 per share, versus $197.3 million, or $9.81 per share, for the...
by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Nov 3, 2022 | Retail Articles
Even as the company announced third-quarter earnings that fell short of a Wall Street estimate, ODP Corp. made its case to investors regarding how its realigned structure would drive financial advances. In the third quarter, ODP net income from continuing operations...
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...