A relaunch effort has not started the way the company hoped, Pier 1 Imports stated in preliminary financial results for a second quarter that included a comparable sales decrease of 11.4% in the period year over year.
Although the company touted an improvement in comparable store sales trends, Sears Holdings continued to post comp declines in the second quarter despite substantial under-performing store closures, even as company losses increased substantially.
As Kroger continues to invest in its Restock Kroger strategy, the supermarket retailer reported a surge in net earnings while net sales gained slightly.
As Hudson’s Bay released its second quarter results including a company-wide 0.4% decrease in comparable sales and a larger loss, the department store retailer said it is forming a strategic partnership for its European business.
In a second quarter when it added 34 new stores, Five Below beat Wall Street estimates while driving sales growth.
August was a busy month at Costco as the nation’s largest warehouse club reported a sales increase of 12.2% over August of 2017.
Ollie’s Bargain Outlet pointed to a robust closeout environment as the retailer reported growth across the board for the second quarter ended August 4.
As it plans to expand in 2019, Restoration Hardware (RH) experienced a profit surge in the second quarter.
Michaels reported a soft second quarter, with net income and net sales down as well as a slip in comps.
Conn’s reported its first comparable sales gains in three years and the promotion of John Davis to the post of president of credit and collections.
Evine improved its second quarter performance, growing sales and narrowing its net loss.
Ulta Beauty enjoyed a healthy second quarter, with strong net income driven by a 6.5% comparable sales increase and a growing e-commerce business.
Burlington maintained momentum in the second quarter, with strong earnings driven by a 9.9% sales gain.
Second quarter sales at Big Lots were up slightly but the off-price retailer’s net income was down year-over-year.
Driven by strength in consumables and seasonal products, Dollar General reported strong sales growth for the second quarter ended August 3.
Softer store traffic had a negative impact on Kirkland’s second quarter results. While overall sales were up slightly, the home product specialty retailer reported a drop in comparable store sales for the three month period ended August 4.
At Home continued its streak of comparable store sales growth in a positive second quarter. The retailer also appointed a new chief financial officer.
Second quarter sales at Dollar Tree were up as the company made strong gains in same-store sales and earnings per share.
Best Buy beat Wall Street estimates with a solid performance in the second quarter, with comps driven by strong electronics product demand and what the company termed a favorable environment.
BJ’s Wholesale Club reported solid comparable store sales during its second quarter after recently going public.