As COVID-19 restrictions moderated at retail in the first half of this year, Ross Stores bounced back, posting big second-quarter gains versus a year ago and significant advances compared to the pre-coronavirus period in 2019. As the second quarter ended July 31, Ross...
Macy’s revealed in a conference call announcing strong second-quarter financials that it is preparing to introduce a new home private label focused on addressing social issues. Macy’s posted net income of $345 million, or $1.08 per diluted share, versus a net loss of...
Ace Hardware Corp. posted record revenues for the second quarter, and the hardware retail cooperative pointed to 2019 to highlight a two-year income gain. Ace reported second-quarter revenues of $2.47 billion, up 8.2% versus the year-prior quarter. Total retail...
Kohl’s characterized its second quarter as record-breaking as it beat Wall Street sales and earnings estimates. Net income was $382 million, or $2.48 per diluted share, versus $47 million, or 30 cents per diluted share, in the year-earlier period. Adjusted for...
The TJX Cos. continued their comeback in the second quarter, gaining traction as it emerges from a period of store closures due to the COVID-19 pandemic, with HomeGoods making an especially strong contribution. Net income was $785.7 million, or 64 cents per diluted...
