FINANCE

Torrid closing up to 180 stores; net sales drop in Q1
Torrid Holdings Inc. met expectations for its first quarter of fiscal 2025 with declining sales and profits as it accelerates a pivot to a more digital focus.
Lululemon meets Street with Q1 revenue; net income falls
Lululemon Athletica Inc. slightly exceeded Wall Street expectations with net revenue as net income slipped in the first quarter of fiscal 2025.

Hooters franchisees to purchase over 100 corporate stores

Hooters of America is moving forward with plans to sell a substantial share of its corporate locations to a buyer group including its original founders.
Michaels acquires intellectual property, private label brands of Joann

The Michaels Companies Inc. has purchased assets of a bankrupt fabric and crafts retailer and expanding its product offering.
Five Below reports strong Q1 growth as sales rise 19.5%; CFO to leave

Five Below posted strong sales growth in its first quarter and also announced it is searching for a new CFO.
Dollar Tree tops estimates; expects tariff hit in Q2

Dollar Tree reported a strong first quarter as more higher-income consumers shopped its stores for bargains, but warned that tariffs could take a toll on its second-quarter earnings.
Lowe’s completes $1.32 billion purchase of home pro service provider

Lowe's Companies Inc. is expanding the services it offers home builders and property managers.
Dollar General Q1 beats Street, on track to open 575 U.S. stores

Dollar General Corp. got off to a strong start in fiscal year 2025 and is raising its guidance for the full year as it plans to mitigate any potential tariff impact.
Costco Q3 sales jump 8%; ‘lowering prices’ where it can

Costco Wholesale Corp. posted better-than-expected earnings and sales for its third quarter as it continues to emphasize lower prices for its members.
Ulta Beauty reports better-than-expected Q1, warns of consumer uncertainty

Ulta Beauty is off to a strong start in its current fiscal year, with earnings came in way ahead of Street estimates.

Torrid closing up to 180 stores; net sales drop in Q1

Lululemon meets Street with Q1 revenue; net income falls

Hooters franchisees to purchase over 100 corporate stores

Michaels acquires intellectual property, private label brands of Joann

Five Below reports strong Q1 growth as sales rise 19.5%; CFO to leave

Dollar Tree tops estimates; expects tariff hit in Q2

Lowe’s completes $1.32 billion purchase of home pro service provider

Dollar General Q1 beats Street, on track to open 575 U.S. stores

Costco Q3 sales jump 8%; ‘lowering prices’ where it can

Ulta Beauty reports better-than-expected Q1, warns of consumer uncertainty