Michaels Crafts Sales Growth In Q2
Michaels reported an uptick in its net sales and comparable store sales during its second quarter.
Michaels reported an uptick in its net sales and comparable store sales during its second quarter.
Bed Bath & Beyond stumbled in the second quarter, reporting weaker net sales and earnings as well as a drop in comparable store sales.
Conn’s said that Hurricane Harvey’s impact will hit third quarter results. In its second quarter, the retailer saw comps decline although it did post a profit.
In the second quarter, Kroger returned to positive identical store sales growth.
Restoration Hardware picked up the pace in the second quarter, with the retailer seeing sales growth as it continues to transform its retail stores into design galleries.
Hudson’s Bay posted a deeper net loss in the second quarter, although the retailer did see some sales growth improvement at Saks and digital channels.
Fred’s pointed to sales improvement in its second quarter, although the drug store retailer’s wider net loss was impacted by the failed acquisition of certain Rite Aid stores.
At Home reported strong second quarter sales as the home décor retailer continues to accelerate its store expansion plans.
Costco posted strong comp sales in August, both in the U.S. and international markets, and its e-commerce operation also continued to grow.
Tuesday Morning saw its comparable store sales rise in the fourth quarter, but supply chain costs resulted in a wider net loss.