Ollie’s Q4 Comps Slide On Merchandising Miss
Fourth quarter comparable sales woes hurt Ollie’s Bargain Outlet financial results, and the retailer pointed to a less balanced merchandising mix.
earnings
Overstock Reduces Q4, Fiscal Year Losses
As it stabilizes its retail business, Overstock posted smaller losses for the fourth quarter and fiscal year even with lower revenues.
Kroger Drives Strategic Repositioning Through Q4
As it pursues a range of ventures, including its partnership with the Ocado online grocery business, Kroger posted identical store sales gains and higher adjusted earnings for the full year and fourth quarter.
Q4 Earnings Miss Estimate As Nordstrom Names CEO
As Nordstrom reported its fourth quarter financial results, the company made changes at the top, including the appointment of Erik Nordstrom as CEO and the pruning of its board.
Ross Stores Finishes Strong Q4, Fiscal Year
Ross posted strong results in the fourth quarter with comps up and earnings above a Wall Street estimate.
Kohl’s Q4 Results Miss Expectations Despite Some Bright Spots
Kohl’s beat a Wall Street fourth quarter estimate and showed some bright spots in its performance, but CEO Michelle Gass expressed disappointment with the company’s financial results.
Target Beats Q4 Estimate Despite Lower Store Comps
Although store comparable sales slipped in the fourth quarter, digital sales helped Target post a higher overall comp and earnings that beat a Wall Street estimate.
Best Buy Enjoys Stellar Q4
The fourth quarter ran smoothly for Best Buy as the company reported sales and income advances while beating a Wall Street earnings estimate.
Big Lots Q4 Comps, Earnings Slip
A less-than-stellar fourth quarter weakened Big Lots financial performance for fiscal 2019.
Qurate Q4 Sales Slip
Revenues and operating income fell at QVC and HSN in the fourth quarter, which impacted Qurate Retail financial results, although the company made some adjusted income headway.
J.C. Penney Q4 Earnings Shrink But Less Than Expected
Although comparable sales declined significantly, J.C. Penney earnings contrasted with Wall Street estimates for a fourth quarter loss.
Office Depot Q4 Earnings Up Despite Lower U.S. Retail Comp
Although comps slipped in its retail division, Office Depot posted higher earnings in the fourth quarter and fiscal year.
Strong Q4 Lifts TJX For The Year
TJX accelerated past market expectations for its fourth quarter and fiscal year, with strong comparable sales gains across its off-price retail banners.
Macy’s Fiscal Year Didn’t Live Up To Expectations
The fourth quarter at Macy’s showed some promise, but comps and earnings still slipped, as they did for the fiscal year.
Aaron’s Settles With The Feds As Q4 Sales Rise
A charge to settle a U.S. Federal Trade Commission matter pushed Aaron’s Progressive division to a loss in the fourth quarter, but not all news was bad news for the company.
Home Boosts Walmart Q4 Sales Gains
The home department helped Walmart post net and comparable sales gains in the fourth quarter, although earnings fell short of Wall Street estimates.
CVS Produces Healthy Q4 Results
CVS Health put in a strong enough performance to beat Wall Street estimates in the 2019 fourth quarter as the retailer continued to integrate its Aetna acquisition into its operations.
Sally Beauty Comps, Earnings Slip In Q1
The shortened holiday season and technology woes hurt Sally Beauty Holdings in the first quarter, the company reported.
Comp Drop Pressures Bed Bath & Beyond Q4 Performance
As it acknowledged mistakes in inventory management and a failure to drive traffic, Bed Bath & Beyond released its preliminary, unaudited financial performance data for the first two months of the fiscal 2019 fourth quarter, which included a 5.4% decline in comparable sales and a 13% decline in adjusted comps.
Bezos Credits Prime With Driving Amazon Earnings, Sales Growth
Amazon crushed analyst earnings estimates for the fourth quarter as full fiscal year sales surpassed $280 billion, as Jeff Bezos pointed to Prime services driving growth.