Negatively impacted by a decline in same-store sales and lower sales in its CompuCom division, Office Depot reported a drop in revenue in the second quarter.
As it reported second quarter results, Dorel Industries said that it is doing its best to shrug off the effects of tariffs imposed on China by the U.S. as it drives top-line growth and makes adjustments to boost the bottom line.
Despite a drop in sales in the second quarter, Newell Brands officials are offering a positive outlook for the company as they raised guidance for net sales and operating cash flow for the remainder of the fiscal year.
First quarter sales at The Container Store were up 7%, driven by strong comparable store growth and a double-digit increase in revenue from its custom closets business.
In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
Interim CEO Mary Winston laid out management’s priorities for Bed Bath & Beyond in a quarter that features sliding comps and a net loss.