Five Below reported positive net sales results for the holiday period, the quarter-to-date period from November 4, 2018, through January 5, 2019.
Albertsons Companies gained traction in its third quarter, as the supermarket retailer posted both store and online sales growth.
Nordstrom has reported a comparable sales increase of 1.3% for the nine weeks ended January 5, 2019, highlighting the strength of its Nordstrom Rack off-price store division during the holidays.
Ollie’s Bargain Outlet enjoyed strong holiday sales, and noted that housewares helped in the closeout retailer’s overall performance.
Stein Mart’s comparable sales for the November/December holiday period declined, although the company did see sales growth in its e-commerce business.
In the fiscal third quarter ended December 1, Bed Bath & Beyond experienced erosion in earnings and comparable store sales as it remains focused on internal initiatives to build store and omnichannel capabilities.
In the the November/December holiday season, Kohl’s generated comparable store sales of 1.2%.
For the November/December holiday season, Macy’s company-owned store comparable sales advanced 0.7% while owned plus licensed store comps gained 1.1%.
As Target reported a November/December 5.7% comparable sales growth, the retailer also revealed several changes in its executive suite.
For the retail month of December, the five weeks ended January 6, Costco Wholesale Corp. reported a 7.8% sales increase to $15.42 billion.
Fiscal year third quarter sales at Helen of Troy were up 2.4% as strong growth in the company’s housewares division offset declines in its health and home and beauty divisions.
Although spun off in 2012, Sears Hometown & Outlet stores still has operational ties to Sears Holdings and that organization’s bankruptcy has hit the business. However, financially, the company gained some traction in the third quarter as it pushes to reach profitability.
Walgreens Boots Alliance generated a solid first quarter while launching a cost management program that will look to save more than $1 billion.
First quarter net revenue at Rite Aid was up slightly as an increase in its retail pharmacy segment helped boost sales in the three month period ended December 1.
Pier 1 Imports’ CEO stepped down and the retailer said it is exploring strategic alternatives after a difficult third quarter, when comps sharply declined and the company reported a net loss.
The first quarter provided a strong start to the new fiscal year for Costco as comparable store sales and net income both were up year-over-year.
Third quarter sales at Fred’s were down 5.5% but the company reported a smaller year-over-year net loss.
Evine Live faced a challenging third quarter, in which net sales decreased and its net loss widened.
Profits improved for Conn’s in the third quarter ended October 31, as the company posted net income of $14.6 million, or 45 cents per diluted share, versus $1.6 million, or five cents per diluted share, in the year-earlier period.
In the third quarter, with sales driven by store and e-commerce gains, Ulta Beauty comparable sales advanced 7.8%.