Placer: Visit Duration Critical To Costco’s Holiday Gains
To store traffic tracker Placer.ai, evaluating Costco’s holiday results requires looking back through the full year 2020. The tale has a stellar ending.
sales
NRF: Holiday Sales Came In Stronger Than Expected
The National Retail Federation reported retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3% compared to the same period in 2019 to $789.4 billion.
Nordstrom Holiday Sales Stumble But Digital Shines
With the COVID-19 pandemic continuing to trouble consumers, Nordstrom has announced that sales slid 22% for the nine-week 2020 holiday period ended January 2 versus the comparable period a year earlier.
Albertsons Posts Big Q3 Comp, Digital Sales Gains
Double-digit identical store sales helped drive Albertsons Cos. fiscal third-quarter profits past a Wall Street estimate.
Bed Bath & Beyond Finds Comp Gains In Rough Q3
In the second quarter, Bed Bath & Beyond indicated that advances in core categories and digital operations helped drive comparable sales gains and an adjusted earnings turn around, but the company still fell short of a Wall Street earnings estimate.
Walgreens Q1 Beats Street As It Divests Wholesale Pharmacy
In the first quarter, Walgreens Boots Alliance earnings slipped as the company divested its pharmaceutical wholesale business and boosted its investment in VillageMD while accelerating the rollout of full-service primary care clinics in stores.
December Continues Costco Sales Gains
Costco Wholesale Corp. posted a double digit company comparable sales advance in December.
Rite Aid Q3 Earnings Decline But Beat Wall Street Estimate
As it continues to cope with conditions created by the COVID-19 pandemic, Rite Aid net income from continuing operations declined in the third quarter, but the company still beat a Wall Street estimate by 41 cents.
Holiday Trends Suggest Solid Sales But Challenges, Too
Based on early analysis of shopping patterns, 1010data has forecast a 5% increase in year-end sales for the holidays, with digital up 50% and store spending down 1% versus the 2019 season.
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.
RH Beats Wall Street In Q3
Despite the coronavirus-impacted marketplace, Restoration Hardware had a strong third quarter.
Comp Gains Boost Big Lots Q3
Big Lots recorded double digit comps in the third quarter as it went on to deliver record earnings.
Ulta Beauty Q3 Beats Estimate As It Adjusts To Pandemic
The COVID-19 pandemic hit Ulta Beauty’s financial results for the third quarter ended October 31, but CEO Mary Dillon said the company is coping with new realities.
Identical Store, Digital Sales Fuel Kroger Q3
Kroger said key elements in its Restock strategy helped it drive financial results and win market share in the third quarter.
Dollar General Q3 Profits Soar
Dollar General third quarter profits jumped on big comp gains.
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.
Kirkland’s Gains Sales Momentum In Solid Q3
Kirkland’s continues to benefit in-store and online from changing homebound consumer lifestyles and purchasing trends in the third quarter.
At Home Comp Leap Drives Q3 Results
A big comparable store sales jump drove At Home to profits in the third quarter.
Black Friday Quieter In-Store But Online Gains Sharply
Preliminary reports suggest that, although sales gained online, brick and mortar retail wasn’t quite as vibrant on Black Friday as in years past, although that might be a good thing.
Homebound Consumers Fuel Best Buy Third Quarter Sales Surge
Best Buy reported a banner third quarter, with net sales and comps surging as consumers continued to purchase a diverse range of home products for their homebound lifestyles.