Ace Hardware reported a rise in net sales and comps for its second quarter.
It was another strong quarter for Ross Stores, as the off-price retailer posted gains in overall sales, comps and earnings.
It was a tough second quarter for The Bon-Ton as the department store retailer reported a decline in revenue and comparable store sales.
Walmart advanced in the second quarter, gaining both store and digital sales, as the retailer continued to ramp up its e-commerce and technology investments.
An increase in store traffic was cited by Target officials as a key factor in the retailer’s second quarter sales gain.
E-commerce growth and the company’s annual anniversary sale gave Nordstrom a second quarter lift.
Although sales gained slightly in the second quarter, J.C. Penney’s loss expanded year over year, as the retailer pointed to a comp decline and the impact of a store closing initiative.
Macy’s beat analyst estimates, and asserted that it was making progress on its performance, although sales and comps continued to decline in the second quarter.
Second quarter net sales at Dillard’s were down as company officials pinned the decline on “significant markdowns” that were needed to help offset higher inventory levels.