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When Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal first-quarter financial results after the markets closed on Thursday, the retailer said that it had $2.62 in earnings per share (EPS) … Read More
New vehicle sales in November are projected to reach approximately 1.24 million units, some 170,000 fewer than sold in November 2019, according to TrueCar/ALG. The seasonally adjusted annual rate (SAAR) … Read More
Group 1 Automotive CEO Earl Hesterberg told CNBC the pandemic-related vehicle supply crunch has been "the best thing that could happen to the entire industry." "The auto distribution network had … Read More
New vehicle sales in August are projected to reach 1.3 million units, some 330,000 fewer than sold in August 2019. The seasonally adjusted annual rate (SAAR) of sales is expected … Read More
Coronavirus leads consumers to spend on tangible items, not experiences: Retail analyst The NPD Group chief retail analyst Marshal Cohen on how retailers are being impacted by the coronavirus, specifically … Read More
