by Mike Duff | May 15, 2025 | Retail Articles
Commenting on first-quarter results, Doug McMillon, Walmart Inc. president and CEO, said dealing with tariffs would be a challenge for the company, but Walmart would do what’s possible to keep prices low for customers. However, McMillon (pictured above) added...
by Mike Duff | May 9, 2025 | Retail Articles
Retail sales grew in April, but they did so as many consumers moved up purchases to dodge higher prices they expected to come with tariffs, according to the CNBC/NRF Retail Monitor. Released by the National Retail Federation, Retail Monitor stated that total retail...
by Mike Duff | May 8, 2025 | Appliances, Home + Housewares, Kitchen Electrics, Personal Care & Wellness
For the first quarter, SharkNinja beat Wall Street earnings and revenue estimates, even if results were somewhat mixed. Net income was $117.8 million compared to $109.6 million in the year-before quarter, as net income per diluted share came in at 83 cents versus 78...
by Mike Duff | May 8, 2025 | Appliances, Home + Housewares, Kitchen Electrics, Pet Products
Spectrum Brands Holdings remains well-positioned to weather macroeconomic and trade disruptions, but it impacted its second-quarter results. Spectrum recorded net income of $1.8 million, or six cents per diluted share, in the second quarter, versus $49.9 million, or...
by Mike Duff | May 8, 2025 | Retail Articles
As the company continues restructuring its business even as it wrestles with tariff issues, QVC Group posted a higher net loss in the first quarter as revenue declined. Net loss was $100 million, or 25 cents per diluted share, versus a net loss of $1 million in the...