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.
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.
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.