Best Buy ran strong out of the gate in its first quarter, particularly in its brick-and-mortar channel, as the company’s turnaround continues to impress.
Williams-Sonoma easily beat Street estimates in its first quarter amid a healthy increase in e-commerce sales and another strong performance by its West Elm brand.
Today's robust results from Best Buy serve as a reminder that with focus and effort it is possible for any retailer to succeed against Amazon and other online players.
Gap Inc. on Thursday reported first quarter earnings and same-store sales that missed Street analysts amid a surprising slowdown at its Old Navy brand. Total sales, however, were better than expected.