Same Store Sales
Macy’s Comp Sales Drop 3.6%, Earnings Beat
The same-store sales drop was worse than analysts expected but tight inventory control drove an improvement in profitability.
Storms Dent Wendy’s Same-Store Sales in Q3
The fast-food chain's stock falls 3% amid concerns it is losing ground to its rivals in the burger wars.
Starbucks Misses Estimates With 2% Sales Rise
The coffee giant is being "squeezed by competitors ranging from boutique coffee sellers to lower-price rivals including McDonald's."
JC Penney Stock Dives 14% on Q3 Loss Warning
The struggling retailer now projects a loss of between 40 cents to 45 cents a share due to clearance of apparel inventory.
Chipotle Sales Rise 8.8% But Stock Dips 9.5%
The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.
Promotions Drive McD’s 6% Comp Sales Jump
Deals such as McPick 2 and the Signature Crafted premium sandwich helped the chain post a 4.1% Q3 gain in U.S. same-store sales.
Kroger Profit Slips 8% Amid Discounting War
Same-store sales were up 0.7% in Q2 and Kroger's price cuts "have helped the grocer grow its market share in a very competitive environment."
Lands’ End Delivers First Sales Gain in 3 Years
The retailer "appears to be returning to its traditionalist roots" under its new CEO, abandoning a move into pricier clothing aimed at younger customers.
Best Buy Comp Sales up 5.4% But Stock Dives
Investors apparently reacted to the cautionary comments of CEO Hubert Joly even though revenue and earnings beat analysts' estimates.
Cost-Cutting Narrows Sears’ Loss to $251M
The retailer's Q2 results were "a little bit heartening, but still left some open areas of worry," including another double-digit comp sales decline.
Q2 Earnings Send JC Penney Stock to New Low
The retailer's loss widens to $62 million but CEO Marvin Ellison sees the 1.5% increase in sales and the improved performance of apparel as positive signs.