Earnings Insights 3Q24, Week 6: Best Buy, Kohl’s and Macy’s Report Comp Declines

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 third-quarter 2024 earnings. We also explore recent holiday-related commentary from these companies.

This week, there are highlights from companies that reported in the week ended December 1, 2024, across five sectors: apparel and footwear, beauty, department stores, electronics retailers, and specialty apparel.

Data in this report are:

• Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography

Companies mentioned in this report include: Bath & Body Works, Best Buy, Dick’s Sporting Goods, Guess?, Kohl’s, Macy’s, Ross Stores, Urban Outfitters

Other relevant research:

• Explore all our Earnings Insights reports, including quarterly wrap-ups.
• The Corporate and Financial Developments Databank includes details of management changes, financial guidance updates and capital raised by major retail companies.
• The US Holiday Retail 2024 Databank tracks key retail metrics for the holiday season, including hiring and delivery surcharges.