Ulta Beauty continued its strong growth momentum in the first quarter, with a rise in comps, sales and earnings.
Big Lots’ first quarter was a mixed bag as the retailer reported an increase in net income but lower than expected comparable store sales for the period ended April 29.
Strong U.S. comparable store sales coupled with higher membership fees were key factors in driving revenue in Costco’s fiscal year third quarter.
Sears and Kmart comps continued to plunge in the first quarter, although Sears Holdings did post a profit based on its cost cutting and restructuring efforts.
Lowe’s first quarter sales were up double-digits, but the home improvement retailer reported declines in net earnings and earnings per share.
Strength in the West Elm and Williams Sonoma retail brands were cited as key drivers of first quarter sales growth at Williams Sonoma, Inc.
Best Buy reported a solid start to its fiscal year as strong growth in gaming and mobile along with double-digit gains in online sales were cited by company officials as key drivers.
Fourth quarter sales at The Container Store were up, as the specialty retailer’s custom closets business coupled with an enhanced focus on targeted marketing campaigns were cited as key drivers.
Kirkland’s pointed to a slow February resulting in a comparable store sales decline in the first quarter. The retailer’s chief financial officer has also resigned.