Five Below Gains In Q1 Despite Tariffs
Tariff increases loom over Five Below, but the company raised its guidance for the fiscal year as it reported first quarter results.
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Ollie’s Raises Outlook After Strong Q1
Ollie’s Bargain Outlet maintained its momentum in a strong first quarter, and the off-price and closeout retailer raised its outlook for the remainder of the year.
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.
Charges Impact Michaels In Q1
Costs associated with the departure of its former CEO, Chuck Rubin, the closure of the company’s Pat Catan’s stores and lower comparable sales were factors that hit Michaels first quarter financial results.
Conn’s Q1 Comps Down But Earnings Gain
Conn’s comparable store sales slid in the first quarter but a better gross margin and the company’s improved credit segment performance helped drive earnings up in the period year over year.
Big Lots Makes Progress In Q1
Big Lots beat a Wall Street earnings per share estimate as the off-price retailer progressed in its first quarter.
Q1 Gains Propel Dollar General’s Growth Trajectory
Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
Best Buy Readies CEO Transition After Strong Q1
Hubert Joly, who is exiting the CEO role, said that the first quarter represented “a good start” to the Best Buy fiscal year.
TJX Q1 Comps Gain
TJX enjoyed a strong first quarter performance, highlighted by a solid comparable store sales increase above the company’s expectations.
Kohl’s Sees Sales Decline In Q1
Following a decline in first quarter net sales and comparable store sales, Kohl’s CEO Michelle Gass said the retailer is “actively addressing opportunities” that impacted revenue in the three month period ended May 4.
Macy’s Gains Traction In Q1
Macy’s showed progress in its first quarter, beating Wall Street estimates and asserting that it was gaining traction with its omnichannel growth strategies.
Office Depot Kicks Off Business Improvement Initiative
Office Depot reported a sales decline in its first quarter ended March 30, 2019, and kicked off a business acceleration program to reduce costs and improve business operations.
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.
Pier 1 Slumps In Q4, Accelerates Turnaround Plans
Pier 1 Imports slumped in the fourth quarter and is weighing more store closings and cost cutting measures, as the retailer ramped up its turnaround plans.
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.
At Home Reaches $1 Billion In Sales
At Home powered through its fourth quarter, and capped off a strong performance by reaching over $1 billion in sales for its fiscal year.
Hudson’s Bay Posts Loss But Points To Improvement
In a fourth quarter when it continued to realign its business, Hudson’s Bay recorded a net loss but pointed to an overall improvement in its operations.
Walgreens Weathers Rough Q2
Walgreens Boots Alliance was pressured in its second quarter when it battled market headwinds including weak sales of seasonal goods.