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‘Challenging environment’ leads to widening chasm for Big Lots in Q2
CEO says "core lower-income customer remains under significant pressure and has limited capacity for higher-ticket discretionary purchases."
Williams-Sonoma turns Q2 profit despite ‘promotional environment’
The Top 100 retail group is adjusting its outlook for the year based on what it's seen through the first two quarters of 2023.
Bullseye: La-Z-Boy hits its Q1 targets despite tough comparisons
First quarter sales and operating margin landed squarely in the middle of where La-Z-Boy predicted they would.
Macy’s keeping a lid on inventories – and a wary eye on consumer shifts
There was a ray of good news for home during this morning’s Macy’s Inc. quarterly call.
Flexsteel generates another round of sequential quarterly growth in Q4
Although year-over-year sales were down sharply in Q4, improved operating margins helped push profit back into the black for Flexsteel Industries.
General merchandise begins to recover at Walmart during Q2
Walmart U.S. generated incremental improvement in its general merchandise comps, although they remained negative during the second quarter.
Home rebounds at TJX Cos. – and is expected to keep on rolling
The home business at TJX Cos. nameplates pivoted back into growth mode across all its U.S. nameplates.
Sleep Country Canada net income slides while sales drop in Q2
Sleep Country Canada Holdings posted net income of C$12.7 million in the second quarter ended June 30, a significant drop from the same quarter last year