The Container Store revealed its preliminary sales results for the third quarter, with the company’s Custom Closets business driving a solid sales performance but holiday department sales declining.
Bed Bath & Beyond suffered a rough third quarter, with earnings dipping into the red, but in his first conference call as the company’s CEO, Mark Tritton provided his view of how the company would turn things around, including an expansion of in-store pickup and the launch of a new vendor collaboration program.
Helen of Troy reported robust sales growth for its third quarter, as the designer, developer and marketer of housewares, health and home, and beauty products prepared to close its recent acquisition of Drybar.
CEO Mark Tritton has taken the reins at Bed Bath & Beyond, only recently restructuring the retailer’s executive leadership, in time to report that third quarter results slipped into the red.
Albertsons continued its sales and earnings growth momentum in the third quarter.
As it reported tumbling financial results for the third quarter ended November 30, 2019, Pier 1 also informed investors that it could close as many as 450 of its total 942 stores.
Rite Aid delivered a solid third quarter as the drug store chain looked to revitalize its business growth strategies going forward into 2020.
Following the passing of its founder, Mark Butler, Ollie’s Bargain Outlet reported a solid third quarter and named John Swygert its new president and CEO.
During the third quarter, Hudson’s Bay continued to reposition its department store business even as its off-price Saks Off 5th operation generated positive comps in a period when the company’s luxury customers were bargain shopping.
In a third quarter marked by an impairment charge, Michaels reported a net sales and net income decline, although the retailer said it plans for operational improvements.
Big Lots said it stayed in line with its guidance in the third quarter and the company strengthened its balance sheet with the sale of a distribution center.
In the third quarter, Kroger emphasized how it is executing against its strategic restructuring plan, and advanced its identical store sales, but narrowly missed a Wall Street earnings estimate.
Weak store traffic challenged Kirkland’s in the third quarter as the retailer reported a decline in net sales and comparable store sales, and a larger net loss.
Restoration Hardware (RH) emphasized its physical store presence as the foundation of its strong third quarter financial results.
Despite challenges facing the cosmetics category, Ulta Beauty delivered net sales and comparable sales growth in the third quarter.
For its third quarter, Dollar General earnings beat a Wall Street estimate and the company posted its best comparable sales in nearly five years.
At Home grew its net sales in the third quarter but comps declined, with the retailer pointing in part to unfavorable customer response to tariff-related price increases.
Off-price retailer Burlington Stores maintained its momentum going into the fourth quarter, showing both net income and net sales growth in the third quarter.
Best Buy posted better than expected third quarter earnings and sales results as the retailer primed its product assortments for the holiday season.
Dollar Tree delivered a solid sales performance across both its namesake banner and the Family Dollar chain, although the retailer cautioned that the continuing effect of tariffs could impact its fourth quarter and fiscal year outlook.