Just weeks after the announcement that ESL Holding was pursuing the shares of the company it didn’t yet own, Sears Hometown & Outlet Stores reported lower quarterly comps and earnings.
Kroger continues to push its Restock Kroger strategic initiatives in a first quarter when it narrowly beat a Wall Street estimate.
Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.
Restoration Hardware (RH) shrugged off tariff concerns with a strong first quarter, registering a big beat over Wall Street earnings estimates.
Tariff increases loom over Five Below, but the company raised its guidance for the fiscal year as it reported first quarter results.
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.
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.
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.
Kirkland’s faced a challenging first quarter with comps and net sales declining. The home décor retailer said it is taking steps to improve its second-half performance.
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 beat a Wall Street earnings per share estimate as the off-price retailer progressed in its first quarter.
Strong sales growth at West Elm was a key driver in the first quarter for Williams Sonoma, which reported a company-wide revenue boost for the period ended May 5.
First quarter sales at Ulta Beauty were up double-digits as the retailer reported a healthy balance of traffic and ticket growth. Ulta also noted that it will expand internationally, starting with Canada.
Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
Dollar Tree delivered a solid performance in the first quarter, as the retailer grew sales and income while continuing to improve results for its Family Dollar stores. The company has also been testing multi-pricepoint products in select test stores.
It was a mixed first quarter for Burlington Stores, as the off-price retailer saw its net sales increase while net income declined.
As it posted declining results in the first quarter, Evine emphasized executive changes and initiatives designed to turn around the business.
BJ’s Wholesale Club ended its first quarter on May 4 with an increase in both net sales and earnings from the previous year.
Ross Stores rang up first quarter sales gains at the high end of its guidance for the quarter.
Hubert Joly, who is exiting the CEO role, said that the first quarter represented “a good start” to the Best Buy fiscal year.