Kroger Q2 Sales, Earnings Take Off
Kroger has gained in the second quarter as consumers have continued to focus more on food at home during the COVID-19 pandemic.
Financials
RH Q2 Beats Wall Street Despite Coronavirus Disruptions
In weathering the COVID-19 roiled market, Restoration Hardware easily beat a Wall Street earnings estimate for the second quarter as the company continues on its way to significant margin gains, according to chairman and CEO Gary Friedman.
Five Below Q2 Gains On Digital Sales, Strong Finish
After closing stores in March due to the COVID-19 pandemic, Five Below reopened its locations in late April and consumers drove second quarter sales and earnings higher.
E-Commerce Growth Helps Lift Kirkland’s Q2
Kirkland’s turned a profit on an adjusted basis in the second quarter and sees good things ahead as the retailer increased its comparable sales and e-commerce business.
August Favors Costco With Double Digit Comp Increases
For the fiscal month of August, Costco reported net sales of $13.56 billion versus $11.79 billion for the period a year prior.
Michaels Crafts Substantial Q2 Comp, Earnings Gains
Despite coronavirus-associated challenges, Michaels managed to have a better-than-expected second quarter.
Strong Store Reopenings Propel Macy’s Q2
Despite the ongoing coronavirus pandemic, Macy’s managed stronger than expected results in the second quarter.
At Home Regains Footing In Strong Q2
At Home said it delivered the best quarter in the company’s history, as the home décor retailer seemed to regain its footing as it reopened stores following the shutdown during the coronavirus pandemic.
Ulta Beauty Shows Q2 Sales Improvement
While Ulta Beauty is still trying to right itself from the impact of the coronavirus pandemic, the beauty retailer reported improving sales trends in the second quarter.
Household Essentials Propel Strong Big Lots Q2
As an off-pricer open in the COVID-19 pandemic due to its assortment of food, cleaning products and other essential products, Big Lots saw strong results in the second quarter and an increase in new customers trying out its stores.
Ollie’s Powers Through Robust Q2
Ollie’s Bargain Outlet powered through a robust second quarter, as the off-price retailer continued to benefit from current market conditions and heightened consumer demand.
Burlington Sees Mixed Recovery In Q2
Although it posted a loss, the second quarter wasn’t all bad for Burlington Stores, which beat a Wall Street earnings estimate and managed to drive sales in stores as they reopened, although inventory issues did emerge.
Home Fuels Dollar General Q2 Momentum
In the coronavirus-roiled market, Dollar General has been able to gain momentum, with second quarter net sales gaining 24.4% and net income up 84.6%.
Digital Business Drives Williams-Sonoma Q2 Gains
The second quarter was kinder to Williams-Sonoma than might have been expected, with the digital business driving gains but stores also contributing.
Dollar Tree Delivers Solid Q2
Dollar stores continue to enjoy sales growth during the combined pandemic and economic recession, and Dollar Tree delivered a solid second quarter as a result.
Nordstrom Got Help From Home During Challenging Q2
The home department gave Nordstrom a lift during a challenging second quarter when sales dropped due to the temporary store closures associated with the coronavirus pandemic.
Home Life Lifts Best Buy Q2
Merchandise for the home helped drive strong Best Buy second quarter results.
Ross Stores Faces Headwinds In Q2
In the second quarter, off-pricer Ross Stores continued to weigh the impact the coronavirus pandemic had on its stores, as net sales declined significantly, although the company managed to post a profit.
Ace Hardware Building On Q2 Momentum
The second quarter registered gains at Ace Hardware as its role as an essential retailer in the U.S. in the COVID-19 pandemic gave it a basis to do more for the customer.
BJ’s Points To Investments After Big Q2 Gains
An essential retailer in the COVID-19 pandemic, BJ’s Wholesale Club boosted its sales, earnings and membership fee numbers significantly in the second quarter.