It was another strong quarter for Ross Stores, as the off-price retailer posted gains in overall sales, comps and earnings.
comparable store sales
Rite Aid reported a challenging first quarter with a deeper net loss, following the scrapped merger deal with Walgreens, and the formation of a new pending agreement to sell about half its stores to its drug store rival.
As Walgreens Boots progresses on its new plan to acquire 2,186 Rite Aid stores, the company reported net earnings and sales gains in its third quarter.
For the fiscal month of June, the five weeks ended July 2, Costco Wholesale Corp. posted net sales of $12.17 billion, up 7% from the period last year.
Faced with continuing losses, Sears Canada warned that it may not be able to live up to its financial obligations and faces an uncertain future.
As Dollar General completes the purchase of 322 additional store locations from Dollar Express, the retailer beat Wall Street profit and sales estimates in the first quarter.
Ace Hardware reported an increase in net income and a dip in comparable store sales during the first quarter.
Home Depot remained a bright spot in the retail sector in the first quarter, building strong comps, sales and earnings.