It was another tough quarter for J.C. Penney as sales for the three month period ended November 3 were down more than 5%.
The Home Depot exceeded Wall Street expectations in a third quarter when net earnings were $2.87 billion, or $2.51 per diluted share, versus $2.17 billion, or $1.84 per diluted share, in the year-previous quarter.
Overstock.com pursued more robust marketing initiatives in the third quarter ended September 30 and, partially because of those efforts, posted a net loss of $47.9 million, or $1.55 per diluted share, versus $786,000, or three cents per diluted share, in the year-earlier period.
Third quarter revenue at CVS Health Corp. was up slightly as front-end comparable store sales also edged up.
Dorel’s third quarter featured its home division, which reached record revenues, but the company cautioned that the tariffs could impact prices and consumer demand in the future.