Continued weakness at Victoria’s Secret took a toll on L Brands’ second-quarter performance as both profit and sales declined. But the company still managed to beat the Street’s earnings estimates.
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.