Same Store Sales
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.
Lowe’s Announces Mexico Exit, Q3 Sales Miss
While Lowe's is streamlining its business, it "still has to address its status as a second-fiddle retailer."
Gap’s Namesake Brand Weighs on Comp Sales
The retailer plans to focus on the "healthy core" of Gap specialty stores while exiting "those that do not fit the future vision quickly.”
Kohl’s Shares Dip 9% Despite Earnings Beat
The retailer has been one of Wall Street's hottest stocks this year but investors may be jittery over promotional spending for the holiday season.
McDonald’s Shares Jump 6% on Earnings Beat
The company benefited from value deals and increased menu prices as it undergoes the largest construction project in its history.
Costco Warns of Material Weakness in Controls
The warning related to IT systems that "support the company’s financial reporting processes" drove Costco's stock down 2.4%.