The COVID-19 pandemic prompted consumers to tap Tractor Supply for key needs both in-store and online, substantially augmenting second quarter sales and earnings.
The current market environment produced overall higher demand for Helen of Troy’s housewares, health and home and beauty products, as the company posted a strong first quarter.
For the five week fiscal month of June, Costco reported net sales of $16.18 billion, up 11.1% from the period a year earlier.
Sally Beauty has provided an interim update on the impact of COVID-19 on its business operations as well as actions taken by the company in response, along with the release of preliminary fiscal third quarter unaudited financial details including e-commerce sales increases.
In the first quarter, Macy’s posted a big loss, but the company said recovery from COVID-19 pandemic-related shutdowns has been strong.
Stein Mart sales and earnings were hit hard in the coronavirus-impacted first quarter, and the off-price retailer said it was continuing to explore strategic alternatives.
Hamilton Beach, in connection with its previously disclosed investigation into certain accounting irregularities at its subsidiary in Mexico, has concluded that the company’s previously issued consolidated financial statements for the years ended December 31, 2019 and 2018, each of the quarters during those years, and other financial data relating to these periods should no longer be relied upon.
Coronavirus-related circumstances and the capabilities the company has developed to serve customers in new ways contributed to big gains The Kroger Co. made in the first quarter, the company asserted.