Financials

Financials
Best Buy Revenue Flat, Net Earnings Grow

Fourth quarter and annual sales at Best Buy were down slightly but the company reported increases in net earnings and diluted earnings per share.

Financials
NYSE Delists hhgregg

Home electronics and appliance retailer hhgregg has been delisted by the New York Stock Exchange after the retailer’s average global market capitalization fell below NYSE’s minimum listing standards.

Financials
RH Encouraged By Preliminary Q4 Results

Restoration Hardware has announced unaudited preliminary financial results for the fourth quarter including diluted earnings per share of 21 cents and adjusted diluted EPS of 68 cents compared to guidance in the range of 60 cents to 70 cents.

Financials
Nordstrom Makes Q4 Gains

For the fourth quarter ended January 28, Nordstrom posted net earnings of $201 million, or $1.15 per diluted share, versus $180 million, or $1 per diluted share, in the year-earlier period.

Financials
Wayfair Q4 Loss Expands

For the three months ended December 31, Wayfair posted net revenue of $984.6 million but a net loss of $44 million, or 51 cents per share, versus net revenue of $739.8 million and a net loss of $15.5 million, or 18 cents per share, in the year-earlier period.

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