Strong Store Traffic Boosts TJX Q2 Sales
Second quarter sales at the TJX Companies were up as strong customer traffic across all its retail brands was cited as the primary driver of the company’s growth.
financials
Nordstrom Q2 Sales Gain But Earnings Slip
E-commerce growth and the company’s annual anniversary sale gave Nordstrom a second quarter lift.
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.
Markdowns Negatively Impact Dillard’s Q2 Results
Second quarter net sales at Dillard’s were down as company officials pinned the decline on “significant markdowns” that were needed to help offset higher inventory levels.
Kohl’s Q2 Sales Top Analyst Estimates
Second quarter sales at Kohl’s were down slightly, but the retailer reported a jump in net income.
E-Commerce Bolsters QVC In Q2
Liberty Interactive, looking ahead to its pending purchase of HSN, posted soft financial results for the second quarter, buoyed by modest e-commerce gains at QVC.
Office Depot Sees Revenue Drop In Q2
Second quarter sales at Office Depot were down as the office superstore retailer reported declines in its retail and business solutions divisions.
CVS Revenue Rises In Q2
Second quarter net revenue at CVS was up 4.5% as growth in the company’s pharmacy services segment offset declines in comparable store-based pharmacy sales and front end sales.
Lifetime Brands Q2 Sales Dip Slightly
Lifetime Brands reported that its second quarter net sales were down slightly, although the company continued to grow its e-commerce business.