The Container Store delivered a solid second quarter ended September 28, 2019, as the storage and organization retailer continued to grow its Custom Closets business.
Albertsons gained momentum in its second quarter, with solid gains in net income and identical store sales.
Second quarter consolidated revenue at Helen of Troy increased 5.2% as revenue growth in the company’s Housewares division and Beauty division offset a decline in the Health & Home division.
Bed Bath & Beyond has reported mixed second quarter results, including the closure of 60 stores, asserting that its turnaround initiatives have improved its financial condition. However, questions remain over when the retailer will select its new CEO and if any significant assets will be divested.
Pier 1 Imports remained under pressure in the second quarter, with sales decreasing and a wider net loss, as the retailer looked to reset fall assortments and make progress on its 2020 action plan.
With a new CEO now at the helm, Rite Aid reported a net loss as revenues fell short in the second quarter.
Sears Hometown & Outlet is undergoing a thorough business transformation, and that had an impact on its second quarter financial results, which included separating the outlet segment results, which now are considered discontinued operations.
Off-price retailer Burlington Stores recently reported a solid second quarter performance, with results driven by a 3.8% comparable store sales increase.
Hudson’s Bay put a positive spin on its second quarter, although its net loss increased, with the department store retailer highlighting the performance of Saks and Saks Off 5th as it works to improve business operations.
Kroger gained some traction in the second quarter with its transformation efforts, with identical stores sales helping to drive adjusted earnings higher.
Following a strong second quarter when RH reported double-digit sales increases, the home specialty retailer has raised its sales forecast for the remainder of the year.
Kirkland’s has had a rough summer, with comps down double digits and net loss up.
New stores drove At Home sales in the second quarter even as adjusted earnings declined, if not as much as Wall Street expected.
The second quarter saw Michaels eke through comp and earnings gains but top a Wall Street earnings estimate.
As it looks forward to putting the financial effects of Hurricane Harvey behind it, Conn’s reported second quarter earnings gains.
Big Lots beat a Wall Street estimate even as second quarter earnings slipped year over year amid a strategic repositioning that includes store changes and while enduring tariff effects.
Miscalculations about the effect of more rapid store growth hurt second quarter results at Ollie’s Bargain Outlets.
For the second quarter, Best Buy’s business in the United States overcame international weakness to deliver company comparable store sales and earnings gains.
Ulta Beauty reported strong sales growth in the second quarter but lowered previously stated annual sales guidance to refect what company officials called “headwinds” in the U.S. cosmetics market.
Home helped boost Dollar General comparable sales in the second quarter as the company’s earnings beat a Wall Street estimate.