Just weeks after the announcement that ESL Holding was pursuing the shares of the company it didn’t yet own, Sears Hometown & Outlet Stores reported lower quarterly comps and earnings.
Kroger continues to push its Restock Kroger strategic initiatives in a first quarter when it narrowly beat a Wall Street estimate.
The housewares division of Helen of Troy, home to Oxo and Hydro Flask, has promoted Mike Wallenfels to the newly created divisional role of svp/global sales.
Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.
Restoration Hardware (RH) shrugged off tariff concerns with a strong first quarter, registering a big beat over Wall Street earnings estimates.
Tariff increases loom over Five Below, but the company raised its guidance for the fiscal year as it reported first quarter results.
Ollie’s Bargain Outlet maintained its momentum in a strong first quarter, and the off-price and closeout retailer raised its outlook for the remainder of the year.
At Home CEO Lee Bird asserted that unseasonable weather across its markets impacted the company’s first quarter financial results, with comparable store sales below expectations.
Costs associated with the departure of its former CEO, Chuck Rubin, the closure of the company’s Pat Catan’s stores and lower comparable sales were factors that hit Michaels first quarter financial results.
Conn’s comparable store sales slid in the first quarter but a better gross margin and the company’s improved credit segment performance helped drive earnings up in the period year over year.
Big Lots beat a Wall Street earnings per share estimate as the off-price retailer progressed in its first quarter.
Third quarter net sales at Costco were up 7.4% as the warehouse club chain also reported solid gains in comparable stores for the three month period ended May 12.
Strong sales growth at West Elm was a key driver in the first quarter for Williams Sonoma, which reported a company-wide revenue boost for the period ended May 5.
Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
Dollar Tree delivered a solid performance in the first quarter, as the retailer grew sales and income while continuing to improve results for its Family Dollar stores. The company has also been testing multi-pricepoint products in select test stores.
As it posted declining results in the first quarter, Evine emphasized executive changes and initiatives designed to turn around the business.
BJ’s Wholesale Club ended its first quarter on May 4 with an increase in both net sales and earnings from the previous year.
Hubert Joly, who is exiting the CEO role, said that the first quarter represented “a good start” to the Best Buy fiscal year.
Stein Mart weathered a rough first quarter, but pointed to initiatives rolling out in the second half that it feels will build sales growth and store traffic.
Stage Stores’ comparable sales were down in the first quarter ended May 4, but the retailer said it was encouraged by its off-price store conversion plan and its expansion of the home department.