Earnings Insights 2Q22, Week 6: Five Below and Lululemon Report Strong Results; Best Buy, Big Lots, PVH and Signet Sales Decline

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 September 4, 2022, across multiple sectors: apparel and footwear brand owners (PVH Corp.), apparel specialty retailers (Lululemon Athletica), discount stores (Big Lots and Five Below), electronics retailers (Best Buy) and jewelry retailers (Signet Jewelers).

Click here to read Week 5 of the Earnings Insights 2Q22 series.