Kirkland’s Posts Mixed Q2 Results
It was a mixed second quarter for Kirkland’s, as the retailer posted sales growth but also a net loss.
It was a mixed second quarter for Kirkland’s, as the retailer posted sales growth but also a net loss.
Ace Hardware reported a rise in net sales and comps for its second quarter.
It was another strong quarter for Ross Stores, as the off-price retailer posted gains in overall sales, comps and earnings.
Walmart advanced in the second quarter, gaining both store and digital sales, as the retailer continued to ramp up its e-commerce and technology investments.
E-commerce growth and the company’s annual anniversary sale gave Nordstrom a second quarter lift.
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 beat analyst estimates, and asserted that it was making progress on its performance, although sales and comps continued to decline in the second quarter.
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.
Robotic vacuum maker iRobot reported strong revenue growth in the second quarter, leading the company to raise its guidance for the remainder of the year.
As Supervalu closed on the acquisition of Unified Grocers, the supermarket retailer reported a decline in its retail division net sales in the first quarter.