by Mike Duff | Nov 4, 2021 | Retail Articles
As consumers changed their shopping patterns in a market less threatened by COVID-19, Wayfair took a step back in both revenues and earnings during the third quarter, although profits did beat a Wall Street estimate. Net loss was $78 million, or 75 cents per diluted...
by Mike Duff | Nov 4, 2021 | Retail Articles
In the third quarter, Qurate suffered from declining consumer visits, as bricks and retail store openings tempted them back to physical store visits, and supply chain constraints, the company reported. Qurate posted net income of $127 million, or 31 cents per share,...
by Mike Duff | Nov 3, 2021 | Retail Articles
CVS Health had a robust third quarter with gains overall and in its retail division, where front store comparable sales, including general merchandise, gained 12.3% year over year. Company net income was $1.6 billion, or $1.20 per diluted share, versus $1.22 billion,...
by Mike Duff | Nov 2, 2021 | Retail Articles
Publix overall sales and earnings are down in the third quarter versus a COVID-19 influenced period a year previous, but comparable sales gained as better established operations saw strength amid the company’s expansion. For the third quarter, Publix posted net...
by Peter Giannetti | Nov 1, 2021 | Appliances, Cookware, Food Storage, Kitchen Electrics, Kitchenware
Newell Brands reported a 3.3% year-over-year net sales increase for its third quarter while noting the results in the prior-year period reflect meaningful shifts in consumer demand from the COVID-19 pandemic, with comparability impacted by elevated prior-year results...
