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Earnings Insights 2Q22, Week 4: Sales Fall at Kohl’s, Ross and TJX as Shoppers Cut Back; Walmart Revises Guidance

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Coresight Research

What's Inside

Our weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list, as they report second-quarter 2022 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 21, 2022, across multiple sectors: beauty brands and retailers (Bath & Body Works and Estée Lauder), department stores (Kohl’s), mass merchandisers (Target and Walmart), off-price retailers (Ross Stores and The TJX Companies), home and home-improvement retailers (The Home Depot and Lowe’s), luxury companies (Tapestry) and warehouse clubs (BJ’s Wholesale Club).

Click here to read Week 3 of the Earnings Insight 2Q22 series.

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