JM Smucker said quarterly sales increase was largely driven by higher prices across all product segments but results were also negatively impacted by Jif peanut butter recall.
SJM
SJM
Lululemon sales surge as loyal customers continue to splurge on high-priced premium items. The company also said it plans to keep investing in China where it operates 71 stores.
LULU
LULU
PVH Corp, the parent of Tommy Hilfiger and Calvin Klein, lowered annual earnings and sales outlook. In the latest quarter, the apparel maker's earnings were ahead of expectations.
PVH
PVH
Chewy, the online pet food retailer reported first quarter profit after the company expanded its active customer base with larger purchases.
CHWY
CHWY
Burlington Stores quarterly results were marred by consumer demand shift, inventory mismatch, and rising freight and product costs. The retailer said the monthly sales trend is encouraging but issued a cautious outlook.
BURL
BURL
Ulta Beauty reported strong quarterly results as customers return to work and start to participate in events and activities. The retailer lifted its full-year sales and earnings growth outlook.
ULTA
ULTA
Gap Inc said quarterly sales were marred by falling demand at its namesake brand and management challenges at Old Navy. Banana Republic sales surged 24%. The company plans to close 350 stores in North America.
GPS
GPS
Dollar General's quarterly earnings declined as the company and its customers battled inflation and customers limit purchases to basic items. The deep discount retailer lifted annual sales growth outlook.
DG
DG
Williams Sonoma quarterly sales slowed but still ahead of expectations. Pottery Barn comparable sales increased 15% on top of 41% increase in the quarter a year ago.
WSM
WSM
Urban Outfitters net income in the quarter plunged on higher raw materials and freight costs and longer lead times contributed to a surge in inventories.
URBN
URBN
Toll Brothers quarterly sales rose 19% and net income soared 73%. Home backlog value jumped 35% to $11.7 billion average home price neared $900,000.
TOL
TOL
Advance Auto Parts quarterly sales declined 1.3% and net income in the quarter fell 26%. The retailer guided full-year comp sales to increase between 1% and 3%.
AAP
AAP
AutoZone said comparable same store sales rose 2.6% in the quarter and on top of 28.9% a year ago. The parts retailer repurchased $900 million of its share in the quarter.
AZO
AZO
Abercrombie & Fitch gross margin declined 810 basis points on higher raw materials and freight costs and the apparel guided lower operating margins in the second quarter and for the full-year.
ANF
ANF