Entries by jlong

Tipsheet: Hy-Vee Data @ Dark Web | F.Locker Miss | Gap -4%

  Gap Inc. Q2 comp sales: Old Navy Global -5.0% / Gap Global -7.0% / Banana Republic Global -3.0% Press release   …Gap’s second-quarter sales fall short of estimates, CEO calls out ‘challenging environment’ at CNBC. “Net income fell to $168 million, or 44 cents per share, from $297 million, or 76 cents a share, […]

Tipsheet: Dick’s +3.2% | Fball Fans Rank Retail | BJ’s +1.6% | Bath & Body +8%

  Dick’s Q2 comp sales +3.2% “We saw growth across each of our three primary categories of hardlines, apparel and footwear, our brick-and-mortar stores comped positively and our eCommerce channel remained strong, increasing 21%,” said Edward W. Stack.” Press release   BJ’s Wholesale Club Q2 comp sales (ex-gas) +1.6% “Christopher J. Baldwin, Chairman and CEO, […]

Tipsheet: Target +3.4% | Lowe’s US +3.2% | Sam’s #1 Pharmacy

  Target Q2 comp sales +3.4% “…comparable digital channel sales grew 34 percent. Same-day fulfillment services (Order Pick Up, Drive Up and Shipt) accounted for nearly 1.5 percentage points of the Company’s overall comparable sales growth.” Press release   …Target Q2 beats expectations on strong sales, stock surges at Yahoo Finance. “Revenue: $18.42 billion vs. […]

Tipsheet: JCP -9% | WM 2% of Firearms | F.Below #57 Growth

  JCPenney halves losses, will begin selling used clothing at AP/Yahoo. “Shares of J.C. Penney surged…partnering with thredUP, a resale website where people can buy and sell clothes online. J.C. Penney will open threadUP shop in 30 stores soon…(comp) sales tumbled 9% in the second quarter, or 6% when the impact of the company’s exit […]

Tipsheet: WM +2.8% | Sam’s +1.2% | Hy-Vee Breach? | UK Ad Police

  Walmart’s Q2 earnings and sales top analysts’ estimates at CNBC. “Same-store sales: up 2.8% vs. 2.1% expected…transactions were up 0.6% during the quarter, compared with a 2.7% increase a year ago. The average ticket was up 2.2%, better than a 1.8% increase a year ago…e-commerce sales were up 37% during the quarter, matching growth […]

Tipsheet: Macy’s Miss | WM Winning Online Groc | Kohl’s/Facebook Team

  Macy’s shares tank 15% as deep discounting leads to big earnings miss, cut forecast at CNBC. “…(comp sales) were up 0.3%, short of expectations for growth of 0.4%…“We took markdowns to clear the excess Spring inventory and are entering the Fall season with the right inventory to meet anticipated customer demand,” (CEO Gennette) added.” […]

Tipsheet: Amazon Sit-In | Rite Aid New CEO | Forever 21 Seeks Loan

  Rite Aid Taps Healthcare Executive As New CEO To Replace Standley by Bruce Japsen at Forbes. “Heyward Donigan, a longtime healthcare executive, will replace Standley as Rite Aid CEO “effective immediately” and also join the drugstore chain’s board of directors, the company announced Monday.” Read more   44 arrested as anti-ICE protesters take over […]