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Earnings Insights 2Q21, Week 4: Ross Stores and TJX See Robust Recovery; Kohl’s, Macy’s, Target and Walmart Raise Guidance

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What's Inside

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within ourCoresight 100 coverage list, as they report second-quarter 2021 earnings.

We condense what retail companies are reporting regarding the following key content:

  • Management commentary on demand trends in the second quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights
  • How recent performance reflects the impacts of, or recovery from, the Covid-19 pandemic
  • The outlook for demand, as reflected in revenue guidance or more qualitative commentary

This week, there are highlights from companies that reported in the week ended August 22, 2021, across multiple sectors: Beauty brands and retailers (Bath & Body Works and Estée Lauder), department stores (Macy’s and Kohl’s), home-goods retailers (Home Depot and Lowe’s), luxury (Tapestry), luxury e-commerce (Farfetch), mass merchandisers (Target), off-price retailers (Ross Stores and TJX) and warehouse clubs (BJ’s Wholesale Club).

Click here to read Week 3 of the Earnings Insights 2Q21 series.

Click here to read 1Q21 Earnings Season Wrap-Up.

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