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.
Albertsons reported a robust second quarter performance, as the supermarket retailer increased both its store and digital sales.
The Container Store posted strong second quarter results, as the retailer capitalized on the current stay-at-home market conditions. The company also pointed to the success of its partnership with The Home Edit, and revealed a new line with Marie Kondo.
Bed Bath & Beyond turned a profit in the second quarter while making comparable store sales gains buoyed by a significant digital comp increase.
As the company copes with the COVID-19 pandemic, Rite Aid beat a Wall Street earnings estimate for the second quarter.
Kroger has gained in the second quarter as consumers have continued to focus more on food at home during the COVID-19 pandemic.
In weathering the COVID-19 roiled market, Restoration Hardware easily beat a Wall Street earnings estimate for the second quarter as the company continues on its way to significant margin gains, according to chairman and CEO Gary Friedman.
After closing stores in March due to the COVID-19 pandemic, Five Below reopened its locations in late April and consumers drove second quarter sales and earnings higher.
Kirkland’s turned a profit on an adjusted basis in the second quarter and sees good things ahead as the retailer increased its comparable sales and e-commerce business.
Despite coronavirus-associated challenges, Michaels managed to have a better-than-expected second quarter.
Despite the ongoing coronavirus pandemic, Macy’s managed stronger than expected results in the second quarter.
At Home said it delivered the best quarter in the company’s history, as the home décor retailer seemed to regain its footing as it reopened stores following the shutdown during the coronavirus pandemic.
While Ulta Beauty is still trying to right itself from the impact of the coronavirus pandemic, the beauty retailer reported improving sales trends in the second quarter.
As an off-pricer open in the COVID-19 pandemic due to its assortment of food, cleaning products and other essential products, Big Lots saw strong results in the second quarter and an increase in new customers trying out its stores.
Ollie’s Bargain Outlet powered through a robust second quarter, as the off-price retailer continued to benefit from current market conditions and heightened consumer demand.
Although it posted a loss, the second quarter wasn’t all bad for Burlington Stores, which beat a Wall Street earnings estimate and managed to drive sales in stores as they reopened, although inventory issues did emerge.
In the coronavirus-roiled market, Dollar General has been able to gain momentum, with second quarter net sales gaining 24.4% and net income up 84.6%.
The second quarter was kinder to Williams-Sonoma than might have been expected, with the digital business driving gains but stores also contributing.
Dollar stores continue to enjoy sales growth during the combined pandemic and economic recession, and Dollar Tree delivered a solid second quarter as a result.
The home department gave Nordstrom a lift during a challenging second quarter when sales dropped due to the temporary store closures associated with the coronavirus pandemic.