Publix Posts Strong Sales In Q3
In the third quarter, Publix comparable store sales increased but profits slipped, the retailer reported.
comparable sales
Costco Posts 5.6% September Comp Increase
For the five weeks ended October 6, Costco posted a comparable sales gain of 5.6% from the period a year earlier with the effects of changes in fuel and foreign exchange prices excluded.
Bed Bath & Beyond To Close 60 Stores As Q2 Sales Decline
Bed Bath & Beyond has reported mixed second quarter results, including the closure of 60 stores, asserting that its turnaround initiatives have improved its financial condition. However, questions remain over when the retailer will select its new CEO and if any significant assets will be divested.
BJ’s Comps, Earnings Gain In Q2
In a second quarter when it exceeded Wall Street expectations, BJ’s Warehouse Club reported gains in both net sales and earnings as well as comparable club sales.
Q1 Weather Dampens At Home Outlook
At Home CEO Lee Bird asserted that unseasonable weather across its markets impacted the company’s first quarter financial results, with comparable store sales below expectations.
Smart & Final Comps Gain In Q1
For the first quarter, which ended shortly before Smart & Final announced its acquisition by Apollo Global Management, the retailer reported a comparable store sales gain.
CVS: Q1 Results Demonstrate Transformation Success
First quarter financial results indicate that its fresh approach to retail and health care, including the company’s Aetna acquisition, is making gains, said Larry Menlo, CVS Health Corp. president and CEO.
Aaron’s Reaches $1 Billion In Q1 Revenue
Aaron’s grew its net earnings and surpassed $1 billion in revenue for the first quarter ended March 31.
Costco Advances Through March
For the fiscal month of March, Costco reported a comparable sales gain of 5.9%, excluding the effects of fuel price and foreign exchange rate volatility as well as an accounting change.
Rite Aid Touts Growth Initiatives Despite Q4 Net Loss
As it continues struggling to generate profits, Rite Aid posted a net loss from continuing operations of $255.6 million, or 24 cents per share, versus a net loss of $483.7 million, or 46 cents per share, in the year-earlier period.
Target Growth Strategies Pay Off In Strong Q4, Fiscal Year
Target’s omnichannel strategies seem to be paying off, as the retailer enjoyed a strong fourth quarter and its best fiscal year in more than a decade.
Despite Moderate Holiday, Macy’s Sees 2018 Improvement
Macy’s saw improvement in its fiscal year 2018 and fourth quarter, while stepping up a restructuring plan that streamlines its upper management and reduces costs.
Walmart Posts Big Fourth Quarter
Walmart net sales surpassed half a trillion dollars in its last-completed fiscal year as the company’s namesake business in the United States enjoyed a 3.6% comparable sales gain bolstered by a 4.2% comp increase in the fourth quarter.
Macy’s Holiday Comps Gain But Guidance Slips
For the November/December holiday season, Macy’s company-owned store comparable sales advanced 0.7% while owned plus licensed store comps gained 1.1%.
Target Rings Up Strong Holiday Season
As Target reported a November/December 5.7% comparable sales growth, the retailer also revealed several changes in its executive suite.
Costco December Comps Up 7%
For the retail month of December, the five weeks ended January 6, Costco Wholesale Corp. reported a 7.8% sales increase to $15.42 billion.
Costco Q1 Earnings Gain As Comps Advance
The first quarter provided a strong start to the new fiscal year for Costco as comparable store sales and net income both were up year-over-year.
Conn’s Improves Q3 Earnings
Profits improved for Conn’s in the third quarter ended October 31, as the company posted net income of $14.6 million, or 45 cents per diluted share, versus $1.6 million, or five cents per diluted share, in the year-earlier period.
Ulta Comps Advance In Q3
In the third quarter, with sales driven by store and e-commerce gains, Ulta Beauty comparable sales advanced 7.8%.
Kirkland’s Q3 Comps Gain As Loss Narrows
As it welcomed a new CEO and battled higher freight and store occupancy costs, Kirkland’s posted a narrower net loss as its comps gained in the third quarter.