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.
Michaels reported fairly solid fourth quarter and fiscal year sales results, while profits were down amid charges related to store closings.
Dorel noted that the fourth quarter and full year’s sales improvements at its home division came despite some customers cancelling orders in response to tariffs being imposed in the U.S. during 2018’s second half.
The past fiscal year was challenging for Overstock.com, which advanced then reversed a plan to push sales over profits, resulting in a wider net loss.
Kirkland’s reported soft sales during its fourth quarter, as the home décor retailer readied key strategic initiatives aimed at accelerating its growth in 2019.
Ulta Beauty had a strong end to its 2018 fiscal year as the beauty specialty store reported near double-digit comparable store sales gains for the fourth quarter.
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.
Dollar General strengthened its foundation during the fourth quarter and fiscal year, producing strong sales growth.
Off-price retailer Stein Mart’s comp sales declined in the fourth quarter, although the company continued to improve its operating results.
In a fourth quarter when the company continued its integration efforts including those combining HSN and QVC operations, Qurate Retail recorded lower net income but increased sales growth across most of its retail platforms.
Off-price retailer Burlington Stores posted lower than expected sales during its fourth quarter, although overall the company reported a solid fiscal year.
Kroger’s fourth quarter fell short of expectations, as the retailer asserted that 2018 was an investment year as it developed its Restock Kroger growth strategy initiatives.
Costco made broad gains in its second quarter, growing well beyond Wall Street expectations as the retailer continues to expand its grocery delivery services as well as buy online, pickup in store.
Despite a modest decline in sales for the fourth quarter, Big Lots reported gains in comparable store sales and net income for the three month period ended February 2.
BJ’s Wholesale Club gained comp momentum in its fourth quarter, beating Wall Street estimates.
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.
Ross Stores registered solid sales gains in its fourth quarter and fiscal year.
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.