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.
sales
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.
eBay Makes Q1 Headway
For the first quarter, and despite some mixed results, eBay posted a rise in both revenues and income.
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.
Activist Investors Respond To Bed Bath & Beyond Q4 Net Loss
For the fourth quarter ended March 2, and under pressure from activists to make board of directors and other changes, Bed Bath & Beyond posted a net loss of $253.8 million, or $1.92 per diluted share, versus earnings of $194 million, or $1.41 per diluted share, in the period a year prior.
Friedrich Promotes Brief To Division Vice President, Retail
Friedrich Air Conditioning Co. has promoted Michael Brief to division vice president, retail, effective immediately.
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.
February Retail Sales Show Sustained Growth
U.S. retail sales growth through the early part of the year remained solid as February saw year-over-year gains, the National Retail Federation said.
RH Reports Solid Q4, But Notes Challenges Ahead
RH reported solid gains in comparable store sales and net income for the fourth quarter, but company officials offered a…
Conn’s Beats Q4 Wall Street Estimate As Financials Gain
The fourth quarter provided a strong finish to Conn’s fiscal year as the company reported growth in sales and net income for the period ended January 31.
Do It Best Reinforces Sales Team
Do it Best Corp. has named three of its senior sales and business development leaders to new roles as it strengthens the team to drive additional sales for its member-owners.
Williams-Sonoma Finishes Fiscal Year On Positive Note
Williams Sonoma’s retail brands outpaced expectations and powered through a strong fourth quarter and fiscal year.
Michaels Reports Solid Performance In Q4
Michaels reported fairly solid fourth quarter and fiscal year sales results, while profits were down amid charges related to store closings.
Home Division Lifts Dorel In Q4
Dorel noted that the fourth quarter and full year’s sales improvements at its home division came despite some customers cancelling orders in response to tariffs being imposed in the U.S. during 2018’s second half.
Overstock Changes Strategy To Stem Losses
The past fiscal year was challenging for Overstock.com, which advanced then reversed a plan to push sales over profits, resulting in a wider net loss.
E-Commerce Growth Key To Strong Q4 For Ulta
Ulta Beauty had a strong end to its 2018 fiscal year as the beauty specialty store reported near double-digit comparable store sales gains for the fourth quarter.
Dollar General Produces Higher Q4 Sales Growth
Dollar General strengthened its foundation during the fourth quarter and fiscal year, producing strong sales growth.
Qurate Progresses In Fourth Quarter
In a fourth quarter when the company continued its integration efforts including those combining HSN and QVC operations, Qurate Retail recorded lower net income but increased sales growth across most of its retail platforms.