Tuesday Morning Reports Comp Rise, Net Loss
Tuesday Morning saw its comparable store sales rise in the fourth quarter, but supply chain costs resulted in a wider net loss.
Tuesday Morning saw its comparable store sales rise in the fourth quarter, but supply chain costs resulted in a wider net loss.
Dollar General pointed to higher customer traffic as driving a comparable store sales gain in the second quarter.
Ollie’s advanced in the second quarter, as the bargain outlet reported strong sales growth.
Strong comparable sales helped Best Buy advance its earnings in the second quarter.
Burlington Stores reported strong second quarter results, as the off-price retailer saw a jump in sales, comps and net income.
True Value Company saw its comps edge up in the second quarter, as the hardware cooperative said it progressed with its multi-year strategic growth plan.
With its acquisition by a private equity firm pending, Staples’ comps slipped in the second quarter, although the office superstore did post a profit.
Big Lots produced a positive second quarter, showing a gain in comps, net sales and net income.
Ulta Beauty continued its strong sales growth momentum with a rise in net sales, comps and earnings for its second quarter.
With a double digit comparable sales decline, the second quarter proved difficult for Sears Holdings and its store network. The struggling retailer also said it would close 28 more Kmart stores.