In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
Second quarter company-wide sales at Spectrum Brands Holdings increased with growth seen in three of its four key product segments.
Walgreens Boots Alliance was pressured in its second quarter when it battled market headwinds including weak sales of seasonal goods.
Costco made broad gains in its second quarter, growing well beyond Wall Street expectations as the retailer continues to expand its grocery delivery services as well as buy online, pickup in store.
Second quarter sales at Tuesday Morning were up slightly as the retailer also reported strong gains in net income for the three month period ended December 31.
Although spun off in 2012, Sears Hometown & Outlet stores still has operational ties to Sears Holdings and that organization’s bankruptcy has hit the business. However, financially, the company gained some traction in the third quarter as it pushes to reach profitability.
The Container Store delivered a solid second quarter of its fiscal year, with both sales and earnings up as the retailer continued to step up its omnichannel growth and marketing efforts.
Citing broad financial improvement, Albertsons posted a net loss of $32.4 million in the second quarter ended September 8 versus a net loss of $355.2 million in the fiscal 2017 period.
Second quarter net revenue at Helen of Troy was up more than 14% as strong growth in the company’s housewares and health and home divisions were the key drivers.
Pier 1 Imports launched a new strategic plan in the second quarter but customers didn’t jump on board, as the retailer posted a deeper net loss and a comparable sales decline.
After its failed merger attempt with Walgreens Boots Alliance, Rite Aid has been developing a standalone strategy to move forward, but still saw a net loss in the second quarter.
After a challenging second quarter, Bed Bath & Beyond asserted that it will continue to work on reinventing its business and begin generating earnings and sales gains in 2020.
As it continues to focus on its initiatives to revamp operations, Bed Bath & Beyond earnings fell sharply in the second quarter with net sales coming in flat and comparable sales slipping.
A relaunch effort has not started the way the company hoped, Pier 1 Imports stated in preliminary financial results for a second quarter that included a comparable sales decrease of 11.4% in the period year over year.
Although the company touted an improvement in comparable store sales trends, Sears Holdings continued to post comp declines in the second quarter despite substantial under-performing store closures, even as company losses increased substantially.
As Kroger continues to invest in its Restock Kroger strategy, the supermarket retailer reported a surge in net earnings while net sales gained slightly.
As Hudson’s Bay released its second quarter results including a company-wide 0.4% decrease in comparable sales and a larger loss, the department store retailer said it is forming a strategic partnership for its European business.
In a second quarter when it added 34 new stores, Five Below beat Wall Street estimates while driving sales growth.
Ollie’s Bargain Outlet pointed to a robust closeout environment as the retailer reported growth across the board for the second quarter ended August 4.
As it plans to expand in 2019, Restoration Hardware (RH) experienced a profit surge in the second quarter.