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Earnings Insights 3Q20, Week 3: Off-Pricers See Strong Improvement, but Department Stores Remain Badly Hit; Sales Surge in Home Improvement

Coresight Research

What's Inside

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within our Coresight 100 coverage list, as they report third-quarter 2020 earnings. We condense what retail companies are reporting regarding the following key content, with a focus on the impact of the coronavirus crisis:

  • Management commentary on demand trends in the third quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights
  • The strength of e-commerce
  • 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 November 22, namely BJ’s Wholesale Club, Home Depot, Kohl’s, L Brands, Lowe’s, Macy’s, Ross Stores, Target, The TJX Companies and Walmart..

Read the Earnings Insight 3Q20, Week 2 report here.

Click here to read our wrap-up report for second-quarter 2020


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