The first quarter provided a strong start to the new fiscal year for Costco as comparable store sales and net income both were up year-over-year.
Evine Live faced a challenging third quarter, in which net sales decreased and its net loss widened.
Profits improved for Conn’s in the third quarter ended October 31, as the company posted net income of $14.6 million, or 45 cents per diluted share, versus $1.6 million, or five cents per diluted share, in the year-earlier period.
As it continued to rapidly expand its store count, Five Below rang up strong sales growth during the third quarter.
In the third quarter, with sales driven by store and e-commerce gains, Ulta Beauty comparable sales advanced 7.8%.
Michaels boosted its net income in a solid third quarter driven by comparable store sales gains.
It was a mixed third quarter performance for Big Lots, as the off-price retailer reported a net loss although comparable store sales were up.
In a third quarter impacted by the sale of Kroger’s convenience store division and acquisition of Home Chef, along with its investments in growth initiatives, the supermarket retailer reported a drop in net earnings.
As it continued to expand its store count, At Home delivered its 19th consecutive quarter of comparable store sales growth as well as its 18th consecutive quarter of over 20% net sales growth.
Hudson’s Bay said it was encouraged with its turnaround strategies through the third quarter, highlighted by a strong comp increase at its Saks Fifth Avenue division.
Ollie’s Bargain Outlet reported double-digit sales growth in the third quarter as the retailer opened its 300th store in the three-month period ended November 3.
For the third quarter ended November 3, Restoration Hardware (RH) added two design galleries and beat a Wall Street earnings estimate by 46 cents as it posted a comp gain of 4%.
Dollar General saw its net sales and earnings jump in the third quarter as it continued to ramp up its store growth plans into 2019.
As it welcomed a new CEO and battled higher freight and store occupancy costs, Kirkland’s posted a narrower net loss as its comps gained in the third quarter.
Jim Grant has taken on the role of vp/sales for sister companies Powell Home Fashions and Linon Home Décor.
Ace Hardware pointed to strong new store growth and its e-commerce initiatives in reporting an increase in revenues during the third quarter.
Pressured by freight and other cost increases, Dollar Tree managed to grow its net sales and income, although comps slipped at the company’s Family Dollar banner.
Burlington Stores raised its sales outlook for the year as the off-price retailer reported strong sales and earnings in its third quarter.
With initial reports indicating that holiday shopping over the Thanksgiving holiday weekend into Cyber Monday was strong, it appears that housewares played a key role in the positive sales momentum in stores and online.
For the five-day shopping period from Thanksgiving Day through Cyber Monday, Wayfair said it has achieved a 58% increase year over year in direct retail gross sales, defined as dollars of order intake, on products including home furnishings and housewares.