Ace Hardware reported an increase in net income and a dip in comparable store sales during the first quarter.
Total revenue at Overstock.com gained in the first quarter, but the company posted a loss due to its Medici Ventures blockchain distributed database operation.
Ross Stores posted a strong first quarter, with both earnings and sales gaining.
Walmart’s omnichannel initiatives seem to be paying off, as the retailer grew its comp sales in the first quarter, highlighted by strong e-commerce growth.
Staples saw its North American retail comps decline in a mixed first quarter.
For the first quarter, Target Corp. beat Wall Street earnings estimates but saw comparable store sales slip.
Home Depot remained a bright spot in the retail sector in the first quarter, building strong comps, sales and earnings.
HomeGoods provided a lift in a first quarter, ended April 29, in which The TJX Cos. posted net income of $536.3 million, or 82 cents per share, versus $508.3 million, or 76 cents per diluted share, in the period a year earlier.