Nordstrom Q2 Sales Gain But Earnings Slip
E-commerce growth and the company’s annual anniversary sale gave Nordstrom a second quarter lift.
comparable sales
J.C. Penney Loss Deepens In Q2
Although sales gained slightly in the second quarter, J.C. Penney’s loss expanded year over year, as the retailer pointed to a comp decline and the impact of a store closing initiative.
Macy’s Beats Estimate Despite Lower Comps In Q2
Macy’s beat analyst estimates, and asserted that it was making progress on its performance, although sales and comps continued to decline in the second quarter.
Target Raises Second Quarter Guidance
Target has updated the guidance for its second quarter comparable sales and earnings per share to reflect traffic and sales trends and other developments through the first two months of the current fiscal quarter.
Restoration Hardware Touts Transformation In Q1
Restoration Hardware (RH) touted its transformation efforts in the first quarter, reporting a narrower net loss and a jump in sales.
Sears Comps Sink In Q1
Sears and Kmart comps continued to plunge in the first quarter, although Sears Holdings did post a profit based on its cost cutting and restructuring efforts.
Walmart Comps Grow, Online Sales Surge In Q1
Walmart’s omnichannel initiatives seem to be paying off, as the retailer grew its comp sales in the first quarter, highlighted by strong e-commerce growth.
Staples North American Comps Tumble In Q1
Staples saw its North American retail comps decline in a mixed first quarter.
Nordstrom Produces Mixed Results In Q1
Nordstrom produced mixed results in its first quarter, posting a profit and growth in its off-price division while the full-line department stores lagged.
Pier 1 Builds Momentum In Q4
For the fourth quarter ended February 25, one that helped the company finish the year on a high note, Pier 1 Imports posted net income of $26.6 million, or 33 cents per share, versus $18.7 million, or 23 cents per share, in the fiscal year-before period.
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