financial results

UPDATE: Adidas, Ye Settle Dispute; Remaining Yeezy Stock Sold at Cost

[Update as of 10/30/24] Following multiple lawsuits, Adidas said it has reached an out-of-court settlement with Ye (a.k.a. Kanye West), regarding the…

Boohoo CEO Steps Down Amid Strategic Business Review

Online fast-fashion retailer Boohoo is launching a strategic review to determine how it can best maximize shareholder value after a difficult few…

A Financial Tale of Two Former DTC Darlings: Allbirds and Warby Parker

The direct-to-consumer (DTC) brand landscape continues to evolve, with the gap between winners and losers widening. The earnings results for Allbirds and…

Nordstrom Doubles Down on Rack Business Following 8.3% Revenue Drop

Nordstrom’s net sales decreased 8.3% year over year in Q2 2023, which ended on July 29. The company pointed to the wind-down…

Target, Macy’s and Dollar Tree Prep for a Tough Year Despite Holiday Success

While the 2022 holiday season was an overall success, the specter of a potential recession was clearly looming over the retail industry…

Q4 Roundup: Amazon and Target’s Success Spotlights Fulfillment Prowess, Stores or no Stores

Fulfillment was a key driver during the ecommerce-driven final quarter of 2020. Retailers that were positioned to handle massive last-mile volumes generated…

Q3 2020: Walmart, Home Depot Stand Strong as Macy’s and TJX Seek Digital Turnarounds

While news of potential COVID vaccines has many retailers anticipating a return to in-store shopping in 2021, this year’s Q3 financial results…

Bed Bath & Beyond Posts First Sales Increase In Nearly Four Years

Bed Bath & Beyond achieved a 6% sales increase in Q2 2020, its first growth since Q4 2016, driven by an 89%…

Q1 2020 Results Highlight Gap Between Retail ‘Haves’ And ‘Have Nots’

The COVID-19 pandemic has led to one of the worst financial quarters in retail’s modern history, and the near-universal rise in e-Commerce…

Macy’s Projects 45% Q1 Sales Drop, Secures $4.5 Billion To Maintain Liquidity During Recovery

Macy’s reported a preliminary Q1 2020 sales decline of 45%, to $3 billion, but the retailer expects to make a “gradual” recovery…

Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Q1 2020 financial results for Costco, Nordstrom and Abercrombie & Fitch encapsulate how three retail verticals — club, department and specialty apparel…

Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

The COVID-19 pandemic has divided the discount vertical: Essential retailers such as Dollar General and Dollar Tree, which were able to keep…

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