Morrisons 1H20 comparable sales were up 0.2% year over year: Retail contributed (1.1)% to group comps while wholesale contributed 1.3%.
Hudson’s Bay Company (TSX: HBC) 2Q19 Results: Secures 25% Equity Stake in Le Tote Joint Venture, Cuts Store Portfolio 25%
HBC reported 2Q19 revenues of C$1.85 billion, down 0.5% year over year and below consensus. The company reported adjusted 2Q19 EBITDA of C$52 million, down 50.9% from the year-ago period.
Oracle’s fiscal 1Q20 results were roughly in line with street consensus estimates. The company expects low-margin headware businesses to be replaced by higher-margin cloud busineses over time. CEO Mark Hurd is leaving the company due to a health issue.
For 2Q19, Kroger reported same-store sales growth ex fuel of 2.2%, ahead of the consensus estimate of 1.8% and strengthening from 1.5% in the prior quarter.
RH reported 2Q19 revenues of $706.5 million, up 10.3% year over year and beating the $669.3 million consensus estimate.
Casey’s General Stores (NASDAQ: CASY) 1Q20 Results: Revenue Above Consensus, Prepared Food and Grocery Fuel Growth
Casey’s General Stores reported 1Q20 revenue of $2.63 billion, up 1.5% year over year and above the consensus estimate of $2.61 billion. The company reported diluted EPS of $2.31, up 21.6% year over year and beating the consensus estimate of $2.05.
Primark (LSE: ABF) FY19 Pre-Close Trading Update: On Track for Full-Year Margin Increase but FY20 Will Be Tougher
Primark FY19 comps were down 1% in the UK, down 3% in the eurozone and up (by an unspecified amount) in the US.
American Eagle Outfitters (NYSE: AEO) 2Q19 Results: Mixed Results; Management Hints at Entering Beauty Before Holiday Season
AEO reported fiscal 2Q19 revenues of $1.04 billion, higher than the consensus estimate of $1.00 billion, and up 7.9% YoY. The company reported adjusted 2Q19 EPS of $0.39, higher than consensus of $0.32.
Alimentation Couche-Tard (TSX: ATD.B) 1Q20 Results: Revenue Below Consensus, Merchandise and Service Drive Growth
Alimentation Couche-Tard reported fiscal 1Q20 revenue of $14.2 billion, down 4.2% year over year and below consensus estimate of $15.1 billion.
Lululemon (NASDAQ: LULU) 2Q19 Results: Revenue and Comps Up in Strong Quarter; Men’s Outperforms Women’s
Lululemon’s 2Q19 revenues grew 22.1% year over year to $833 million, beating the consensus estimate of $845.6 million. The company reported 2Q19 EPS of $0.96, up 35.2% from the year-ago period, ahead of the consensus estimate of $0.89.
Big Lots reported 2Q19 revenues of $1.25 billion, up 2.5% year over year and in line with the consensus estimate. Comps increased 1.2%, on top of a 1.6% increase in the second quarter of last year. The company maintained its 2019 adjusted EPS guidanceof $3.70-$3.85 and updated its comp guidance to flat to slightly positive, from low-single-digit previously.
Dollar Tree (NASDAQ: DLTR) 2Q19 Results: Beats Consensus on Revenues and Enterprise Comps While Profit Margins Contract
Dollar Tree reported 2Q19 revenues of $5.74 billion, up 3.9% year over year and slightly above the $5.72 consensus estimate. EPS was $0.76, down 34.1% and below the $0.83 consensus.
Dollar General reported 2Q19 revenues of $6.98 billion, up 8.4% year over year and above the $6.89 billion consensus estimate. Adjusted EPS was $1.74, up 14.5% year over year and comfortably beating the $1.57 consensus estimate.
Ulta (NASDAQ: ULTA) 2Q19 Results: Revenues Up but Below Consensus, Reduces Guidance due to Slowdown in US Cosmetics
Ulta reported 2Q19 revenues of $1.67B, up 12.0% YoY but below the consensus estimate of $1.68B. The company’s EPS was $2.76, up 12.2% from the year ago period and below consensus of $2.80.
Burlington Stores (NYSE: BURL) 2Q19 Results: Sales Beats Consensus; Raises Guidance; Home and Beauty Categories Remain Strong
Burlington Stores reported fiscal 2Q19 revenues of $1.66 billion, up 10.5% year over year and beating the consensus estimate of $1.63 billion. The company’s adjusted earnings per share (EPS) grew 18.3% year over year to $1.36, beating the consensus estimate of $1.14.