sales

Retail
Kroger Sales Surge In March

In an update on business trends, Kroger detailed operational changes that it has experienced since the COVID-19 outbreak including a rush in critical needs consumer purchasing.

Financials
Q4 Earnings Miss Estimate As Nordstrom Names CEO

As Nordstrom reported its fourth quarter financial results, the company made changes at the top, including the appointment of Erik Nordstrom as CEO and the pruning of its board.

Financials
Qurate Q4 Sales Slip

Revenues and operating income fell at QVC and HSN in the fourth quarter, which impacted Qurate Retail financial results, although the company made some adjusted income headway.

Financials
Libbey Q4 Net Sales Decline

Libbey has reported a decrease in its net sales and a wider net loss for the fourth quarter. The company stated the decrease was due to a challenging market and a shortened fourth quarter 2019 holiday season.

Financials
Comp Drop Pressures Bed Bath & Beyond Q4 Performance

As it acknowledged mistakes in inventory management and a failure to drive traffic, Bed Bath & Beyond released its preliminary, unaudited financial performance data for the first two months of the fiscal 2019 fourth quarter, which included a 5.4% decline in comparable sales and a 13% decline in adjusted comps.

Financials
Charges Impact eBay Q4, Full Year Results

Full year and fourth quarter results at eBay were hit by unique charges including those associated with currency exchange rate fluctuations, the company stated, even as it set a definitive agreement to sell its StubHub division.

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