Retail Sales
By Siddharth Cavale and Arriana McLymore
NEW YORK (Reuters) -Major U.S. retailers that recently scrambled to restock shelves amid product shortages disclosed this week that their stores are now packed with too much merchandise, and some are even doing what was unthinkable just a few months ago: discounting unsold goods.
It's a sign of possible more trouble to come for retailers amid soaring inflation and higher gas prices. With shoppers'... (continue reading...)
Costco (Nasdaq: COST) reported net sales of $21.61 billion in March (five weeks ended April 3, 2022), which represents an 18.7% year-over-year growth.
Comparable sales for March increased by 17.2%, reflecting an improvement of 19.1%, 15.7%, and 8.4% in the United States, Canada, and Other International locations, respectively. Excluding the impacts of changes in gasoline prices and foreign exchange, comparable sales rose 12.2% on improvements of 12.7%, 12.2%, and 10.1%... (continue reading...)
Urban Outfitters (NASDAQ: URBN) reported Q4 EPS of $0.41, $0.09 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.33 billion.
Total Company net sales for the three months ended January 31, 2022, were a record $1.33 billion. Net sales increased 13.9% compared to the three months ended January 31, 2020. Comparable Retail segment net sales increased 14%, driven by strong double-digit growth in... (continue reading...)
Costco Wholesale Corporation (Nasdaq: COST) announced its monthly net sales results today, according to which the company’s December (the five weeks ended January 2, 2022) net sales grew 16.2% year-over-year to $22.24 billion. For the 18 weeks ended January 2, 2022, the company’s net sales came in at $76.34 billion, representing a 16.6% year-over-year growth.
Comparable sales for the December period rose 14.5% for the total company, with the U.S. gaining 15.9%,... (continue reading...)
Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $22.24 billion for the retail month of December, the five weeks ended January 2, 2022, an increase of 16.2 percent from $19.14 billion last year.
For the 18 weeks ended January 2, 2022, the Company reported net sales of $76.34 billion, an increase of 16.6 percent from $65.47 billion last year.
Comparable sales were as follows:
5 Weeks 18 Weeks U.S.15.9%... (continue reading...)More Retail Sales
View Older Stories-
Exclusive-From Kentucky to Arkansas, America's least-vaccinated states led in-store holiday shopping
-
J.Jill (JILL) Reports Q3 EPS of $0.65; Comps Rise 42.2%
-
Cyber Monday spending expected to slow as shoppers see fewer deals
-
U.S. retail stocks slide on Black Friday as new virus worries arise
-
Macy's (M) Q3 EPS Tops Consensus, Raises FY Guidance
-
The Buckle (BKE) comparable store net sales for 5-week period ended October 2 increased 17.8%
-
Costco (COST) Sept Comps Rise 14.3%
-
Target (TGT) Tops Q2 EPS by 15c, Revenue In-Line, Comps Increase 8.9%
-
Cash-flush Americans lift U.S. retail sales; shortages depress auto purchases
-
Ford quarterly U.S. auto sales rise on strong SUV, EV demand
-
Amazon (AMZN) Says Prime Day Delivered the Two Biggest Days Ever for Small & Medium-Sized Businesses in Amazon’s Stores Worldwide
-
Costco (COST) Reports May Sales Results
-
Ford Motor (F) Total May Sales Rise 4.1%, Retail Sales Fall 11.2%
-
Foot Locker (FL) Tops Q1 EPS by 91c, Comps Increase 80.3%
-
TJX Cos. (TJX) Tops Q1 EPS by 16c, Open-only Comp Store Sales Increased 16%
-
Target (TGT) Tops Q1 EPS by $1.54, Comparable Sales Grew 22.9%
-
Lowe's Cos. (LOW) Tops Q1 EPS by 65c, Revenues Beat; Comps Rise 25.9%
-
Big retailers like Walmart, Macy's see shoppers back in stores
-
Good Times Restaurants (GTIM) Reports Second Quarter Same Store Sales
-
The Buckle (BKE) Reports March 2021 Net Sales
-
Costco (COST) Reports March U.S. Comps Increase 13.9%
-
Target (TGT) Tops Q4 EPS by 13c, Comps Increase 20.5%
-
Foot Locker (FL) Tops Q4 EPS by 28c, Revenue Light, Comps Decline 2.7%
-
Macy's (M) Tops Q4 EPS by 68c, Offers FY Guidance
-
Big Lots (BIG) achieved a comparable sales increase of approximately 7.5% in Q4
-
Target (TGT) announced comparable sales in combined November/December period grew 17.2%
-
Fiesta Restaurant (FRGI) Reports Q4 Comparable Restaurant Sales
-
The Buckle (BKE) December Comps Increased 17.9%
-
Bed Bath & Beyond (BBBY) Misses Q3 EPS by 11c
-
Costco (COST) Reports December U.S. Comps Increase 9.6%
-
COVID-19 surge, depleted fiscal stimulus thump U.S. retail sales
-
Redbook: US Retail Sales +2.5% Wk End Dec 12 vs Year Ago, Retail Sales First 2 Weeks Dec. +2.3% vs Year-Ago - DJ
-
Redbook: US Retail Sales First 4 Weeks Nov +3.7% vs Nov Year-Ago - DJ
-
Shopify (SHOP) Merchants Break Records with $5.1+ Billion in Worldwide Sales over Black Friday/Cyber Monday Weekend
-
Redbook: U.S. Retail Sales First 3 Weeks Nov. +1.9% vs Nov. Year-Ago - DJ
-
TJX Cos. (TJX) Tops Q3 EPS by 31c, to Reinstate Dividend
-
Target (TGT) Tops Q3 EPS by $1.19, Comps Increase 20.7%
-
Redbook: U.S. Retail Sales +1.7% Week End Nov. 14 vs Year Ago, First 2 Weeks Nov +1.4% vs Year Ago - DJ
-
Alibaba (BABA) Says it Generated $74.1 Billion in GMV During 11.11 Global Shopping Festival
-
McDonald's (MCD) Tops Q3 EPS by 32c; U.S. Comps Rose 4.6%
-
Costco (COST) Wholesale Corporation Reports October Sales Results
-
Alibaba (BABA) Reports Strong Results for the First Sales Window of the 11.11 Global Shopping Festival
-
O'Reilly Automotive (ORLY) Tops Q3 EPS by 88c, Comps Rise 16.9%; Raises Buyback by $1B
-
The Buckle (BKE) Reports September 2020 Net Sales
-
Costco (COST) September Total Comps Increase 15.5%
-
Big Lots (BIG) Q3 EPS guidance tops views
-
Target (TGT) Kicks Off Holiday Savings Early with Largest-Ever Deal Days, Black Friday Pricing All November
-
Papa John's (PZZA) Prelim. Q3 Comps Increase 23.8%
-
Wayfair (W) Announces Way Day 2020
-
Macy's (M) Tops Q2 EPS by 96c, Revenue Beats