Target Corp. had a record-breaking first quarter, with market share gains of $1 billion as shoppers flocked to its stores and sales of its owned-brands continued to surge.
Macy’s outperformed expectations across all three of its brands — Macy’s, Bloomingdale’s and Bluemercury — and swung to a profit in the first quarter as shoppers returned to its stores.
The Home Depot crushed analysts’ first-quarter estimates as net sales surged almost 38% amid consumers’ ongoing spending on home improvements and a booming housing market.