Lowe’s Cos. reported better-than-expected second-quarter earnings, revenue and same-store sales as what CEO Marvin Ellison called its “ongoing transformation” appears to be paying off.
Target Corp. hits the bull's eye in its second quarter, with results that beat the Street on nearly every metric as the retailer’s investments in its stores, online channel and private brands continue to reap benefits.
Given that this is now the third consecutive quarter in which revenues have fallen and the second in which comparable sales have dipped, there can be no doubt that Kohl’s has been blown off course.