The fourth quarter provided a strong finish to Conn’s fiscal year as the company reported growth in sales and net income for the period ended January 31.
Williams Sonoma’s retail brands outpaced expectations and powered through a strong fourth quarter and fiscal year.
Macroeconomic issues including tariffs in the United States and the on-going Brexit issue in the United Kingdom had a negative impact on fourth quarter performance at Lifetime Brands, its CEO said.
Lower than anticipated reorders from the U.S. e-commerce channel and a decrease in sales at brick-and-mortar stores were key factors in lower than expected fourth quarter sales at Hamilton Beach Brands.
Target’s omnichannel strategies seem to be paying off, as the retailer enjoyed a strong fourth quarter and its best fiscal year in more than a decade.
Fourth quarter sales at Kohl’s were down, but the retailer reported a slight uptick in comparable store sales for the three month period ended February 2.