The TJX Cos. reported first-quarter profit that topped analysts' expectations but its revenue came up short and the company lowered its full-year sales outlook.
Target Corp. racked up its 20th consecutive quarter of sales growth but its bottom line took a big hit as freight and transportation costs came in much higher than expected.
Even record inflation didn’t damper Americans' penchant to spend in April, as retail sales overcame higher prices to show both monthly and year-over-year increases.
Walmart reported mixed first-quarter results as increased costs for food, fuel and wage took on a toll on profitability even as sales continued to show momentum.