In the fiscal third quarter ended December 1, Bed Bath & Beyond experienced erosion in earnings and comparable store sales as it remains focused on internal initiatives to build store and omnichannel capabilities.
Although spun off in 2012, Sears Hometown & Outlet stores still has operational ties to Sears Holdings and that organization’s bankruptcy has hit the business. However, financially, the company gained some traction in the third quarter as it pushes to reach profitability.
Walgreens Boots Alliance generated a solid first quarter while launching a cost management program that will look to save more than $1 billion.
Pressured by freight and other cost increases, Dollar Tree managed to grow its net sales and income, although comps slipped at the company’s Family Dollar banner.