In the U.S., Walmart pointed to a favorable economy that drove comparable store sales during the third quarter that suggested market share growth in key categories.
It was another tough quarter for J.C. Penney as sales for the three month period ended November 3 were down more than 5%.
Macy’s is feeling bullish about the upcoming holiday season after the department store retailer reported sales growth in the third quarter.
Off-price retailer Tuesday Morning got off to a strong start this fall season, the company asserted, with comparable store sales rising 3.8%.
For the third quarter, as comparable store sales in the retail divisions slipped, Office Depot posted net income from continuing operation of $60 million, or 11 cents, versus $98 million, or 19 cents, in the year-prior period.
Third quarter revenue at CVS Health Corp. was up slightly as front-end comparable store sales also edged up.
The Container Store delivered a solid second quarter of its fiscal year, with both sales and earnings up as the retailer continued to step up its omnichannel growth and marketing efforts.
Tractor Supply Company delivered a solid third quarter ended September 29, 2018, driving growth across both comps, net sales and income.
With fourth quarter profits exceeding Wall Street expectations, Walgreens Boots Alliance touted gains for both the period and the fiscal year despite weak U.S. retail comps.
Pier 1 Imports launched a new strategic plan in the second quarter but customers didn’t jump on board, as the retailer posted a deeper net loss and a comparable sales decline.
After its failed merger attempt with Walgreens Boots Alliance, Rite Aid has been developing a standalone strategy to move forward, but still saw a net loss in the second quarter.
As it continues to focus on its initiatives to revamp operations, Bed Bath & Beyond earnings fell sharply in the second quarter with net sales coming in flat and comparable sales slipping.
A relaunch effort has not started the way the company hoped, Pier 1 Imports stated in preliminary financial results for a second quarter that included a comparable sales decrease of 11.4% in the period year over year.
Although the company touted an improvement in comparable store sales trends, Sears Holdings continued to post comp declines in the second quarter despite substantial under-performing store closures, even as company losses increased substantially.
As Hudson’s Bay released its second quarter results including a company-wide 0.4% decrease in comparable sales and a larger loss, the department store retailer said it is forming a strategic partnership for its European business.
In a second quarter when it added 34 new stores, Five Below beat Wall Street estimates while driving sales growth.
August was a busy month at Costco as the nation’s largest warehouse club reported a sales increase of 12.2% over August of 2017.
Ollie’s Bargain Outlet pointed to a robust closeout environment as the retailer reported growth across the board for the second quarter ended August 4.
As it plans to expand in 2019, Restoration Hardware (RH) experienced a profit surge in the second quarter.
Michaels reported a soft second quarter, with net income and net sales down as well as a slip in comps.