Macy’s rebound continued into the second quarter, beating Wall Street estimates, although the retailer struggled to deliver sales growth.
Home Depot’s earnings and sales soared in the home improvement retailer’s strong second quarter.
Qurate reported solid sales growth across most of its retail divisions including QVC, while the company said it continues to work on integrating HSN into its operating business structure.
Second quarter sales at Newell Brands were down as company officials pinned the decrease on the closing of Toys ‘R Us and inventory destocking in the office superstore segment.
In a second quarter hit by one-time unique charges, CVS Health recorded a company net loss of $2.56 billion, or $2.52 per diluted share, versus company net income of $1.1 billion, or $1.07 per diluted share, in the year-before period.
Office Depot beat Wall Street estimates in its second quarter, although retail division comps slipped.
Dorel Industries posted a net loss in the second quarter with home division revenues down, while operating profit and net income slightly gained.
In the midst of an acquisition process, Rent-A-Center posted an earnings increase for its second quarter while its ongoing merger was questioned in court.
Publix net sales rose in the second quarter, and strong earnings benefited from the government’s tax cuts.
Fiscal year first quarter sales at The Container Store were up as the retailer’s custom closets business was cited by company officials as a key driver.
Libbey Inc. is gaining in the glassware market as the company reported net sales and income growth for the second quarter ended June 30, 2018.
Tractor Supply Company reported a solid second quarter, with comparable store sales, revenues and income all increasing.
It was another strong quarter for Amazon as the Internet giant continued on its profit streak, topping over $2 billion for the first time.
Arte Italica has promoted Mary Ann Hairfield to the position of vp/sales and marketing for the company.
iRobot continues to gain momentum in the consumer robotic vacuum market with sales growth reported for its second quarter ended June 30, 2018.
Revenues and earnings were up at eBay driven by gross merchandise volume in the second quarter.
As it advances its merger with Rite Aid, Albertsons posted a first quarter net loss of $17.7 million versus a net loss of $204.9 million in the year-prior period.
As retailers launch promotions to counter Amazon.com’s Prime Day marketing extravaganza, eBay has released a list of products it is discounting as part of what it calls its summer sale.
According to an eMarketer forecast, Amazon.com will represent just about half of e-commerce sales in the U.S. this year, but that figure comes with an important qualification.
Helen of Troy gained momentum with its Project Refuel strategies, reporting net sales growth for its fiscal first quarter led by its health and home and housewares segments.