by Mike Duff | Nov 15, 2022 | Retail Articles
Home Depot recorded third-quarter sales and earnings that topped Wall Street estimates as its recent momentum continued. In the quarter, net earnings were $4.34 billion, or $4.24 per diluted share, versus $4.13 billion, or $3.92 per diluted share, in the fiscal 2021...
by Mike Duff | Nov 15, 2022 | Featured News, Retail Articles
Walmart’s third quarter net earnings took a hit because of equity investment charges related to JD.com and an opioid lawsuit settlement, but adjusted earnings per share and revenues beat Wall Street estimates. Consolidated net loss was $1.8 billion, or 66 cents per...
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 Peter Giannetti | Nov 9, 2022 | Appliances, Home + Housewares, Vacuum Cleaners
iRobot, awaiting the close of its pending sale to Amazon, reported a steep drop in orders of its robotic cleaning appliances by U.S. retailers contributed to a 37% year-over-year sales decline in its third quarter. The developer and marketer of Roomba robotic vacuum...
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...
