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 | Retail Articles
In the second quarter, Sally Beauty came up short of Wall Street sales and earnings estimates as supply chain, inflation and stimulus factors weighed. Second-quarter net earnings were $46.8 million, or 42 cents per diluted share, versus $38.3 million, or 34 cents per...
by Mike Duff | May 5, 2022 | Retail Articles
For the first quarter, ODP Corp, which operates the Office Depot and OfficeMax superstore chains, posted earnings and revenues that surpassed Wall Street expectations. Net income from continuing operations was $55 million, or $1.09 per diluted share, the company...
by Mike Duff | May 4, 2022 | Retail Articles
Publix adjusted earnings and comparable store sales advanced in the first quarter, the period that closed shortly before the company announced a stock split. For the three months ended March 26, Publix posted net earnings of $618 million versus $1.5 billion in 2021, a...
