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.
The fourth quarter provided a strong finish to Conn’s fiscal year as the company reported growth in sales and net income for the period ended January 31.
Williams Sonoma’s retail brands outpaced expectations and powered through a strong fourth quarter and fiscal year.
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.
Second quarter sales at Tuesday Morning were up slightly as the retailer also reported strong gains in net income for the three month period ended December 31.