CEO Mark Tritton has taken the reins at Bed Bath & Beyond, only recently restructuring the retailer’s executive leadership, in time to report that third quarter results slipped into the red.
Third quarter sales at Amazon advanced but increased expenses put a damper on earnings as the company prepared for the holiday season.
In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
Interim CEO Mary Winston laid out management’s priorities for Bed Bath & Beyond in a quarter that features sliding comps and a net loss.
Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
As it continues to adjust its business model after the QVC and HSN merger, Qurate Retail struggled in a challenging first quarter.
Overstock continues restructuring its retail business as it posted a first quarter loss and named Dave Nielsen president of retail.
First quarter financial results indicate that its fresh approach to retail and health care, including the company’s Aetna acquisition, is making gains, said Larry Menlo, CVS Health Corp. president and CEO.
As it continues struggling to generate profits, Rite Aid posted a net loss from continuing operations of $255.6 million, or 24 cents per share, versus a net loss of $483.7 million, or 46 cents per share, in the year-earlier period.