Costco Q1 Earnings Maintain Positive Momentum
For the first quarter, Costco enjoyed double-digit comparable sales, driven by big online sales, and a beat on Wall Street earnings estimates.
first quarter
Costco Q1 Sales Grow On Double-Digit Comps
For the 12-week first quarter ended November 29, Costco reported double-digit comparable sales gains prior to its earnings release on December 10, with e-commerce advancing rapidly.
The Container Store Sales Decline In Q1
The coronavirus pandemic and associated temporary store shutdowns impacted The Container Store’s first quarter, as the storage and organization retailer reported a sales decline. The company also named a new chief financial officer.
Albertsons Earnings Jump In Q1
Consumers turning to Albertsons during the COVID-19 pandemic boosted the supermarket operator’s first quarter sales and earnings.
Hamilton Beach Navigates Pandemic Through Q1
In a first quarter impacted by the coronavirus pandemic, Hamilton Beach saw its sales pick up momentum and then slow later in the quarter, but still reported that overall the U.S. consumer market drove results.
Healthy Living Products Drive Helen Of Troy Q1 Sales
The current market environment produced overall higher demand for Helen of Troy’s housewares, health and home and beauty products, as the company posted a strong first quarter.
Bed Bath & Beyond Posts Q1 Loss But Digital Gains
In the first quarter, Bed Bath & Beyond recorded a big loss but also a significant jump in online sales. The retailer also noted that it plans to close 200 stores over the next two years as part of its ongoing restructuring.
Macy’s Hit By Big Q1 Loss, Expects Gradual Recovery
In the first quarter, Macy’s posted a big loss, but the company said recovery from COVID-19 pandemic-related shutdowns has been strong.
Stein Mart Explores Strategic Alternatives After Challenging Q1
Stein Mart sales and earnings were hit hard in the coronavirus-impacted first quarter, and the off-price retailer said it was continuing to explore strategic alternatives.
Rite Aid Trims Q1 Loss
Front-end sales helped boost Rite Aid’s first quarter, one when it cut the company’s adjusted loss versus the period in the year past.
Kroger Digital, Store Capabilities Deliver Big Q1 Gains
Coronavirus-related circumstances and the capabilities the company has developed to serve customers in new ways contributed to big gains The Kroger Co. made in the first quarter, the company asserted.
Macy’s Secures Financing But Signals Q1 Loss
Macy’s has secured new financing to shore up its business, while revealing that its preliminary sales and earnings results for the first quarter included a loss and lower sales, although it said e-commerce and reopened stores are performing well.
RH Looking Beyond Coronavirus-Pressured Q1
In the first quarter, ended May 2, Restoration Hardware suffered a sales slide associated with the COVID-19 pandemic but is looking forward to a second quarter rebound.
Kirkland’s Adapts In Q1 As Coronavirus Impacts Results
For the first quarter, Kirkland’s posted a net loss on lower sales but e-commerce sales rose as it adapted to the coronavirus pandemic-impacted retail environment.
Michaels E-Commerce Sales Grow In Q1
With the coronavirus pandemic forcing temporary store closures, Michaels first quarter sales declined and the retailer posted a net loss, although omnichannel initiatives helped e-commerce sales grow.
Big Lots Steps Up Momentum After Q1 Results Jump
In the first quarter, Big Lots sales and earnings jumped, as the off-price retailer gained momentum to the next fiscal period and beyond.
Nordstrom Aims To Regain Footing As Q1 Sales Decline
As it looks to a future beyond the COVID-19 crisis, Nordstrom pointed to its pursuit of strategic omnichannel initiatives even as the company reported sales and earnings declines in the first quarter.
Ollie’s Off To Solid Start In Q1
Despite the disruption of the coronavirus pandemic, Ollie’s Bargain Outlet maintained its momentum in the first quarter, as stores remained open to serve customers.
Williams-Sonoma E-Commerce Operations Buoy Q1
E-commerce helped sustain Williams-Sonoma in a first quarter hit by coronavirus-related store closings.
Ulta Beauty Faced Headwinds In Q1
Ulta Beauty is looking to regain its footing after the coronavirus impacted sales and earnings in the first quarter, and the retailer continues to ramp up its store reopenings.