While comparable store sales were up, Lowe’s net earnings were down in the fourth quarter.
Financials
Dillard’s net income in the fourth quarter received a boost from the federal government’s tax reform, while comps also gained.
Macy’s reported a solid fourth quarter, with net sales and net income rising.
Wayfair saw its sales in the fourth quarter pass $1 billion for the first time, although its net loss continued to grow.
For the fourth quarter, and as it put in place a new strategic plan, Rent-A-Center posted net earnings and diluted earnings per share of $34.8 million and 65 cents versus a net loss and diluted loss per share of $146.4 million and $2.76 in the year-earlier period.
Kirkland’s has reported in-store and online sales growth for the fourth quarter and fiscal year.
As the fiscal year ended, Walmart sales gained but earnings fell shy of Wall Street expectations.
A strong home improvement market propelled the Home Depot’s robust fourth quarter and fiscal year results.
Sally Beauty’s net sales and comps declined in the first quarter, although its earnings received a boost from the federal tax reform.
Fourth quarter sales at Newell Brands were down as the company pinned much of the decrease on the negative impact of divestitures over the past year.
In a recent SEC filing, Sears has reported that it will generate a positive net income in the fourth quarter following the federal tax reform package. However, comps for the quarter continued to decline.
Ace Hardware saw its sales and comps gain in the fourth quarter, pointing to new store growth as well as a lift from its Grommet acquisition.
SodaStream capped a solid year of growth with a strong fourth quarter as the company reported a sales increase of 19.6% for the three months ended December 31, 2017.
As CVS evolves its health care operations, along with its pending acquisition of Aetna, the drug store boosted its fourth quarter income and sales.
iRobot continues to gain in the consumer robotic vacuum market with strong growth in its fourth quarter and fiscal year.
The Container Store saw its net sales rise but comparable store sales slightly decline in its third quarter, pointing to a decrease in its holiday department sales.
It was a robust fourth quarter for Amazon.com as sales and net income showed substantial increases.
Tractor Supply Company posted a solid fourth quarter and fiscal year as the retailer continues to build its store and online capabilities.
Tuesday Morning maintained it was making progress in the second quarter and during the holiday season, with a slight increase in comps, net sales and net income.
FlexShopper, a national online lease-to-own retailer and LTO payment solution provider, has announced record year-over-year lease origination growth in December 2017, with gross lease originations increasing 27.5% to 25,140 from the month last year.