by Mike Duff | May 6, 2022 | Featured News, Retail Articles
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
by Mike Duff | May 5, 2022 | Retail Articles
EBay struggled ahead through its first quarter but still managed to do a bit better than financial analysts anticipate as it works to create new support for sellers. Loss from continuing operations at eBay was $1.34 billion, or $2.28 per diluted share, versus net...
by Mike Duff | Apr 18, 2022 | Retail Articles
The fourth quarter saw Rite Aid Corp. take a bigger-than-expected loss, although revenues edged out a Wall Street estimate. Rite Aid posted a net loss from continuing operations in the quarter of $389.1 million, or $7.18 per diluted share, versus a loss from...
by Mike Duff | Feb 18, 2022 | Retail Articles
With inflation and supply chain issues having an effect, Ace Hardware Corp. drove sales higher in the fourth quarter but net income fell. Company net income was $9.9 million for the quarter versus $43.3 million in the year-previous period, Ace stated. The 3,400 Ace...
by Mike Duff | Dec 3, 2021 | Retail Articles
For the third quarter, Ulta Beauty easily exceeded Wall Street profit and revenue estimates as lesser COVID-19 concerns helped boost sales, and it launched initiatives that included launching operations at Target stores. Net income came in at $215.3 million, or $3.94...
