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Comparable Sales

All articles tagged with #comparable sales

Ross Stores Rises as Off-Price Leader Amid Strong Quarter
business3 days ago

Ross Stores Rises as Off-Price Leader Amid Strong Quarter

Ross Stores posted a 10% quarterly increase in comparable sales with traffic up more than 16%, lifting total sales 13% to $6.3B. Tariff refunds helped margins, and the company raised its store-expansion plan to about 115 openings in 2026, with guidance for continued gains, signaling Ross’s leadership in off-price retail and potential share gains from TJX.

business26 days ago

Chipotle boosts 2026 outlook as Q2 momentum persists

Chipotle reported Q2 2026 results with about $3.35B in revenue (up 9.3%), comparable restaurant sales up 2.2% (1.2% higher average check, 1.0% more transactions) and digital sales making up 38.3% of revenue. The company opened 100 company-owned restaurants (80 with Chipotlanes) and repurchased $630.7M in stock, and it raised its full-year guidance to low-single-digit comparable restaurant sales growth with 350–370 new restaurants (about 80% with Chipotlanes) and an estimated 24–26% underlying tax rate before discrete items.

Costco posts stronger Q3 2026 results, led by digital sales growth
business2 months ago

Costco posts stronger Q3 2026 results, led by digital sales growth

Costco Wholesale beat expectations for its fiscal Q3 2026, posting net sales of $69.15 billion (up 11.6% year over year) and revenue of $70.53 billion, with EPS of $4.93 and net income of $2.19 billion. Adjusted comparable sales rose 6.6% and digital sales climbed about 21%; memberships grew 4.1% and online traffic on the site and app rose 37%. The retailer highlighted strength in pharmacy, home furnishings and jewelry, and noted it could lower prices if tariff refunds materialize amid a tariff dispute with the Trump administration.

Kohl’s Q1 2026: Beat on Earnings, Slips on Sales, Stock Surges
business2 months ago

Kohl’s Q1 2026: Beat on Earnings, Slips on Sales, Stock Surges

Kohl’s beat expectations on earnings and revenue for Q1 2026 despite net sales down 1.7% and comparable sales down 1.1%; the stock rose about 20% as management highlighted disciplined cost control, cleaner inventory, and improvements in the Kohl’s Card and private brands, while reaffirming a full-year outlook of net sales and comparable sales down 2% to flat with adjusted EPS of $1 to $1.60 amid ongoing macro pressures on value-seeking shoppers.

Lowe’s beats Q4, guides higher full-year sales and earnings amid housing headwinds
business6 months ago

Lowe’s beats Q4, guides higher full-year sales and earnings amid housing headwinds

Lowe’s topped Q4 expectations with revenue of $20.58 billion and $1.98 in adjusted EPS (vs. $1.94 expected), while net income fell to $999 million; comparable sales rose 1.3%. For the full year, Lowe’s guides sales of $92–$94 billion and adjusted EPS of $12.25–$12.75, with comparable sales expected to be flat to up about 2%. CEO Marvin Ellison cited productivity initiatives and a focus on DIY customers and professionals amid a housing slowdown. Shares moved lower in premarket trading, though the stock is up about 16% year-to-date.

Macy's Shares Surge on Strong Q2 Performance and Strategic Turnaround
business11 months ago

Macy's Shares Surge on Strong Q2 Performance and Strategic Turnaround

Macy's stock surged nearly 21% after beating Q2 earnings estimates and reporting the best comparable sales growth in 12 quarters, leading to an upward revision of its full-year guidance despite a slight decline in net sales and earnings. The stock's move above its 200-day moving average marks a significant technical milestone after a period of decline.