Bed Bath & Beyond Comps Decline In Q1
It was a challenging first quarter for Bed Bath & Beyond, as the retailer’s comps and earnings declined, although digital sales continued to grow.
It was a challenging first quarter for Bed Bath & Beyond, as the retailer’s comps and earnings declined, although digital sales continued to grow.
Faced with continuing losses, Sears Canada warned that it may not be able to live up to its financial obligations and faces an uncertain future.
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.
Ace Hardware reported an increase in net income and a dip in comparable store sales during the first quarter.
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 saw its comps slide in a soft first quarter.
Ross Stores posted a strong first quarter, with both earnings and sales gaining.
Staples saw its North American retail comps decline in a mixed first quarter.
For the first quarter, Target Corp. beat Wall Street earnings estimates but saw comparable store sales slip.
HomeGoods provided a lift in a first quarter, ended April 29, in which The TJX Cos. posted net income of $536.3 million, or 82 cents per share, versus $508.3 million, or 76 cents per diluted share, in the period a year earlier.