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.
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.
True Value pointed to unfavorable weather as a key factor for a sales decline in its first quarter.
Off-price retailer Burlington Stores reported a solid first quarter, boosting its net sales and income.
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 Beauty continued its strong growth momentum in the first quarter, with a rise in comps, sales and earnings.
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.
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 first quarter sales were up double-digits, but the home improvement retailer reported declines in net earnings and earnings per share.
Strength in the West Elm and Williams Sonoma retail brands were cited as key drivers of first quarter sales growth at Williams Sonoma, Inc.
Best Buy reported a solid start to its fiscal year as strong growth in gaming and mobile along with double-digit gains in online sales were cited by company officials as key drivers.