Target’s new fiscal year is off to a flying start with an extremely healthy increase of 5.1% in overall sales, supported by uplifts at both stores and online.
J.C. Penney on Tuesday reported a first-quarter loss wider than the Street expected, warned about the potential impact of new tariffs, and revealed new in-store enhancements.
Kohl’s got off to a slow start in its first quarter, reporting its worst showing in same-store sales in three years and lowering its annual earnings guidance by more than 10%.
The Home Depot reported first-quarter earnings that beat analysts’ expectations even as its same-store sales slowed amid unfavorable weather and falling lumber prices.