This author has yet to write their bio.Meanwhile lets just say that we are proud jlong contributed a whooping 1516 entries.
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, […]
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, […]
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. […]
Home Depot Q2 comp sales +3.0% Press release …Home Depot misses on sales, cuts outlook on worries tariffs could hit consumer spending at CNBC. “Home Depot is now calling for fiscal 2019 sales to be up about 2.3%, and same-store sales to be up about 4%. Previously, it was calling for total sales […]
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 […]
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 […]
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.” […]
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 […]
