by Mike Duff | Oct 27, 2023 | Appliances, Cookware, Home + Housewares, Kitchen Electrics, Kitchenware, Retail Articles
Newell Brands posted a big third-quarter earnings beat versus Wall Street estimates but fell short of analyst forecasts on sales, including sales declines in its home product businesses. The company reported a net loss of $218 million, or 53 cents per diluted loss per...
by Mike Duff | Oct 26, 2023 | Featured News, Home + Housewares, Retail Articles
Overstock, soon to rename itself Beyond, beat an analyst estimate in its third quarter regarding losses but came up shy of a forecast on revenues. However, in a conference call, CEO Jonathan Johnson, said the Overstock name isn’t going away forever and will be revived...
by Mike Duff | Sep 21, 2023 | Retail Articles
The Jungle Scout Consumer Trend Report for the third quarter reveals more consumers, 41%, spent about the same amount during the period compared to the second quarter than those whose spending declined, 35%, or increased, 24%. At the same time, the Amazon selling...
by Mike Duff | May 30, 2023 | Featured News, Retail Articles
Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
by Mike Duff | Feb 8, 2023 | Organization & Cleaning, Retail Articles
As it moves forward with its small-store initiative, the Container Store expressed satisfaction with the third quarter despite lower sales and earnings. Consolidated net income was $4.2 million, or eight cents per diluted share, versus $13.7 million, or 27 cents per...
