Michaels Q4 comp sales -0.4% “On a calendar shifted basis, comparable store sales increased 1.4%…For fiscal 2019, the Company expects comparable store sales to increase between 0% and 1%.” Press release HD Supply Q4 organic sales growth +7.4% Press release DSW Q4 U.S. comp sales +5.3% “For the fifty-two week period, comparable […]
Kroger ends its unmanned-vehicle grocery delivery pilot program in Arizona by Russ Wiles at Arizona Republic via USA Today. “The companies now will start the next phase of the program — an autonomous-vehicle delivery service at two Kroger stores in Houston that will reach customers in four ZIP codes there.” Read more Lumber […]
Dollar General Q4 comp sales +4.0% (vs. +2.6% estimate) Press release …Reuters: Dollar General 2019 profit forecast falls short of estimates “The company said it expects fiscal 2019 earnings of $6.30 to $6.50 per share, below the average analyst estimate of $6.65…” Read more Stein Mart Q4 comp sales -3.5% Press release […]
FDA outlines e-cigarette rules, tightens restrictions on fruity flavors to try to curb teen vaping at CNBC. “If finalized, the policy will likely remove some flavored e-cigarettes and cigars from store shelves, the FDA said. It also limits sales of flavored nicotine pods to websites, vape shops and other retailers that impose age restrictions, […]
Dick’s Q4 comp sales (shifted) -2.2% “Ed Stack: “…(we) expect to return to positive comp sales beginning in the second quarter.” Press release …Dick’s Sporting Goods falls sharply after giving a weak outlook for 2019 by Arjun Reddy at Business Insider. Read more Sporting-Goods Retailer Modell’s Hires Restructuring Adviser by Lillian Rizzo […]
Costco Q2 comp sales +5.4% (not adjusted) “Net sales for the quarter increased 7.3 percent, to $34.63 billion from $32.28 billion last year…February comp sales +3.5%” Press release …Costco beats profit estimates and boosts minimum wage in the US and Canada at CNBC. “Costco said it will raise its starting wages to $15 […]
Tipsheet: Michaels -0.4% | DSW +5.3% | HD Supply +7.4% | Shopko Shutter
/in Eye-on-Retail /by jlongMichaels Q4 comp sales -0.4% “On a calendar shifted basis, comparable store sales increased 1.4%…For fiscal 2019, the Company expects comparable store sales to increase between 0% and 1%.” Press release HD Supply Q4 organic sales growth +7.4% Press release DSW Q4 U.S. comp sales +5.3% “For the fifty-two week period, comparable […]
Tipsheet: Ex-Sears CEO Eyed H.Dep./B.Buy | L.Liqu. +0.4% | Overstock -1.0%
/in Eye-on-Retail /by jlongKroger ends its unmanned-vehicle grocery delivery pilot program in Arizona by Russ Wiles at Arizona Republic via USA Today. “The companies now will start the next phase of the program — an autonomous-vehicle delivery service at two Kroger stores in Houston that will reach customers in four ZIP codes there.” Read more Lumber […]
Tipsheet: D.Gen +4.0% | 7-11 Tank Explodes | WM Revamps Frozen
/in Eye-on-Retail /by jlongDollar General Q4 comp sales +4.0% (vs. +2.6% estimate) Press release …Reuters: Dollar General 2019 profit forecast falls short of estimates “The company said it expects fiscal 2019 earnings of $6.30 to $6.50 per share, below the average analyst estimate of $6.65…” Read more Stein Mart Q4 comp sales -3.5% Press release […]
Tipsheet: Amazon’s PhD’s | FDA Vape Rule | Ark. Approves Self-Driving
/in Eye-on-Retail /by jlongFDA outlines e-cigarette rules, tightens restrictions on fruity flavors to try to curb teen vaping at CNBC. “If finalized, the policy will likely remove some flavored e-cigarettes and cigars from store shelves, the FDA said. It also limits sales of flavored nicotine pods to websites, vape shops and other retailers that impose age restrictions, […]
Ruiz Retires | Dick’s -2.2% | Modell’s Restructure | Z-End?
/in Eye-on-Retail /by jlongDick’s Q4 comp sales (shifted) -2.2% “Ed Stack: “…(we) expect to return to positive comp sales beginning in the second quarter.” Press release …Dick’s Sporting Goods falls sharply after giving a weak outlook for 2019 by Arjun Reddy at Business Insider. Read more Sporting-Goods Retailer Modell’s Hires Restructuring Adviser by Lillian Rizzo […]
Tipsheet: Costco $15 Min | Target Beats Victoria | B.Lots +3.1%
/in Eye-on-Retail /by jlongCostco Q2 comp sales +5.4% (not adjusted) “Net sales for the quarter increased 7.3 percent, to $34.63 billion from $32.28 billion last year…February comp sales +3.5%” Press release …Costco beats profit estimates and boosts minimum wage in the US and Canada at CNBC. “Costco said it will raise its starting wages to $15 […]