Dollar General Beats Wall Street In Sluggish Q1
As Dollar General completes the purchase of 322 additional store locations from Dollar Express, the retailer beat Wall Street profit and sales estimates in the first quarter.
financials
Weather Impacts True Value In Q1
True Value pointed to unfavorable weather as a key factor for a sales decline in its first quarter.
Costco, Fred’s Report May Comp Sales Growth
Costco Wholesale and Fred’s Inc. each reported comparable store sales growth in May.
Burlington Boosts Sales In Q1
Off-price retailer Burlington Stores reported a solid first quarter, boosting its net sales and income.
Dollar Tree Q1 Sales Grow
First quarter sales at Dollar Tree were up mid single-digits as comparable store sales growth at the company’s Dollar Tree banner was key to driving sales.
Ulta’s Growth Momentum Continues In Q1
Ulta Beauty continued its strong growth momentum in the first quarter, with a rise in comps, sales and earnings.
Big Lots Q1 Net Income Rises, Comps Slip
Big Lots’ first quarter was a mixed bag as the retailer reported an increase in net income but lower than expected comparable store sales for the period ended April 29.
U.S. Comps Drive Costco In Q3
Strong U.S. comparable store sales coupled with higher membership fees were key factors in driving revenue in Costco’s fiscal year third quarter.
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.
Lowe’s Delivers Strong Q1 Sales Growth
Lowe’s first quarter sales were up double-digits, but the home improvement retailer reported declines in net earnings and earnings per share.