Ulta Beauty Q3 Beats Estimate As It Adjusts To Pandemic
The COVID-19 pandemic hit Ulta Beauty’s financial results for the third quarter ended October 31, but CEO Mary Dillon said the company is coping with new realities.
Financials
Identical Store, Digital Sales Fuel Kroger Q3
Kroger said key elements in its Restock strategy helped it drive financial results and win market share in the third quarter.
Ollie’s Stays On Growth Track In Q3
Ollie’s Bargain Outlet remained bullish on its future growth plans after a strong third quarter where the retailer grew both sales and income.
Dollar General Q3 Profits Soar
Dollar General third quarter profits jumped on big comp gains.
Costco Q1 Sales Grow On Double-Digit Comps
For the 12-week first quarter ended November 29, Costco reported double-digit comparable sales gains prior to its earnings release on December 10, with e-commerce advancing rapidly.
Kirkland’s Gains Sales Momentum In Solid Q3
Kirkland’s continues to benefit in-store and online from changing homebound consumer lifestyles and purchasing trends in the third quarter.
At Home Comp Leap Drives Q3 Results
A big comparable store sales jump drove At Home to profits in the third quarter.
Nordstrom Q3 Buoyed By Digital Operations
In an environment still subject to pressures arising from the COVID-19 pandemic, Nordstrom returned third quarter earnings that beat a Wall Street estimate, with digital sales key to driving results.
Homebound Consumers Fuel Best Buy Third Quarter Sales Surge
Best Buy reported a banner third quarter, with net sales and comps surging as consumers continued to purchase a diverse range of home products for their homebound lifestyles.
Pandemic Weighs On Burlington Q3
Burlington Stores saw progress in its sales trends for the third quarter, but the pandemic related market conditions continued to weigh on the off-price retailer’s results.
Dollar Tree Comps Lift Q3
Comparable store sales momentum across both its banners propelled Dollar Tree third quarter results to a beat on Wall Street estimates.
Store, Digital Sales Drive Ace Hardware To Strong Q3
Growth in comparable store sales in the U.S. and digital revenues drove Ace Hardware to a big third quarter.
Third Quarter Delivers For Williams-Sonoma
Williams-Sonoma enjoyed big comparable brand gains in the third quarter, with significant earnings increases, as the retailer continues to position itself to “own the home.”
Ross Stores Sees Q3 Sales Improvement
Ross Stores noted that sales improved during the off-price retailer’s third quarter, but the company entered the fourth quarter with an eye on the surging coronavirus pandemic.
Digital, Home Sales Help Macy’s In Q3
In the third quarter, Macy’s did better than Wall Street expected as digital sales and services such as curbside pickup helped boost revenues, and home furnishings gained.
BJ’s Bullish On Future Growth After Stellar Q3
Current market trends that contributed to big third quarter gains at BJ’s Wholesale Club bode well for operations into the future, according to the company.
HomeGoods Adding E-Commerce As Banner Drives TJX Q3
TJX did better than it thought it might in the third quarter, the company maintained, as HomeGoods performed particularly well and as the parent began taking steps to launch a dedicated e-commerce operation for the banner. Digital sales at homegoods.com will begin next year.
Digital Sales, Omnichannel Services Accelerate Target Q3 Gains
Target sales made big strides in the third quarter with online revenues, supported by omnichannel services such as buy online pickup at store, a critical driver, even if the stores themselves had a strong performance.
Lowe’s Strengthens Position With Q3 Sales Growth
Lowe’s strengthened its market position in a solid third quarter, as the home improvement retailer continued to invest in its omnichannel, employee and store initiatives.
Kohl’s Beats Wall Street Earnings Estimate In Q3
Kohl’s easily beat a Wall Street earnings per share estimate for the third quarter as digital sales gained even if revenues overall slid in a retail market disrupted by the continuing coronavirus pandemic.