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.
first quarter
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.
Williams Sonoma Q1 Sales Gain, Comps Flat
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 Reports Sales Growth In Q1
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.
Kirkland’s Comps Decline In Q1
Kirkland’s pointed to a slow February resulting in a comparable store sales decline in the first quarter. The retailer’s chief financial officer has also resigned.
Ace Hardware Comps Dip In Q1
Ace Hardware reported an increase in net income and a dip in comparable store sales during the first quarter.
Overstock Hit By Medici Losses In Q1
Total revenue at Overstock.com gained in the first quarter, but the company posted a loss due to its Medici Ventures blockchain distributed database operation.
Stein Mart Comps Slide In Q1
Stein Mart saw its comps slide in a soft first quarter.
Ross Stores Posts Strong Q1
Ross Stores posted a strong first quarter, with both earnings and sales gaining.
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.