Same Store Sales
Gap Beats Estimates But Comp Sales Dip 4%
“We are not pleased with the third-quarter results and are focused on aggressively addressing operational issues," the struggling retailer says.
Macy’s Posts First Comp Sales Drop in 2 Years
“The mall is getting more toxic," one analyst warns. "Mall traffic will likely continue to wane over the years ahead.”
JCPenney Loss Narrows to $93M, Shares Jump
The ailing retailer's third-quarter results gave investors “some hope” that its turnaround efforts are “gaining traction.”
Tapestry Hit by Continued Kate Spade Struggles
Comparable store sales at Kate Spade, which Tapestry acquired in 2017, dropped 16% in the first quarter.
Domino’s Misses on Earnings, Launches Buyback
The pizza-delivery giant has been repurchasing shares as sales growth has slowed amid competition from third-party apps.
Hong Kong Unrest Disrupts Tiffany’s Q2 Sales
The luxury jeweler lost six selling days in its fourth-largest market during the second quarter because of pro-democracy protests.
Macy’s Shares Fall 13% on Big Earnings Miss
Same-store sales improved in the second quarter but profit was hit by heavy markdowns to clear unsold merchandise.
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
Starbucks Same-Store Sales Pick Up Steam
The coffee chain posts a third straight quarter of accelerating sales growth, indicating its streamlining efforts are paying off.
Holiday Season Weakness Hits Macy’s, Kohl’s
"The rising tide of the economy is not floating all retail boats,” an analyst says of the department store chains' disappointing sales growth.
Darden Earnings Beat On Olive Garden Sales Gain
Darden's "back to the basics" strategy boosted its Olive Garden brand but Cheddar's Scratch Kitchen continues to struggle.