Dollar General Q1 Comp Sales +2.1% (vs. +3.2% expected) Press release   ...Fox Business: Dollar General 1Q profit surges, but still short "Profit jumped 9 percent to $364.9 million, or $1.36 per share, falling short of the expectations of industry analysts by 4 cents." Read more   Dollar Tree Q1 Enterprise Comp Sales +1.4% (vs. +2.19% expected) By segment: Dollar Tree +4.0%, Family Dollar -1.1% Press release   ...CNBC: Dollar Tree Q1 same-store sales miss estimates "Net income fell to $160.5 million...in the first quarter ended May 5, from $200.5 million...a year earlier." Read more   American Eagle Q1 Comp Sales +9.0% (American [...]

  Dick's Sporting Goods Q1 comp sales -2.5% (-0.9% on an "unshifted" calendar basis) Press release   ...Dick's Sporting Goods shares jump after earnings beat at MarketWatch. "Net income for the quarter totaled $60.1 million, or 59 cents per share, up from $58.2 million, or 52 cents per share, for the same period last year...E-commerce accounted for about 11% of total net sales." Read more   Costco’s Taiwan Comment Leads to Headache in China by Wayne Ma at Wall Street Journal. "The issue centers on a 2016 letter that a Costco executive sent to the Formosan Association for Public Affairs, which supports [...]

  Target Q1 Comp Sales +3.0% / Traffic +3.7% / Online +28% Press release   ...Fox Business: Target's 1Q profit falls short as it continues transition Read more   Lowe's Q1 Comp Sales +0.5% Press release   ...CNBC: Lowe's missed Wall Street forecasts for quarterly sales as a long winter hit demand for outdoor products, but maintained its annual financial targets Read more   Cramer: JC Penney’s CEO bolting to Lowe’s means embattled department store chain can’t be saved at CNBC. "If there was any chance [of a turnaround], I think you would stay," Cramer said on "Squawk on the Street." "Because it [...]

  Lowe's poaches J.C Penney CEO Marvin Ellison at CNBC. "Lowe's announced Tuesday it is naming Ellison president and CEO, effective July 2. Ellison will take over for Robert A. Niblock, who previously announced his intention to retire." Read more   Kohl's Q1 Comp Sales +3.6% (vs. 2.7% expected) at Fox Business. "Revenue rose 3.5 percent to $4.21 billion and exceeded expectations of $3.95 billion." Read more   TJX Q1 Comp Sales +3.0% Press release   Advance Auto Parts Q1 Comp Sales -0.8% Press release   AutoZone Q3 Comp Sales +0.6% Press release   Banned From Amazon: The Shoppers Who [...]

  Walmart shares rise on earnings beat at CNBC  * Walmart said U.S. online sales grew 33 percent. * U.S. same-store sales were up 2.1 percent beating estimates of 2.0 percent. * Sam's Club same-store sales were up 3.8 percent, driven by comparable traffic growth of 5.6 percent. Read more   JC Penney Q1 Comp Sales +0.2% "Marvin Ellison: 'Although our overall top line sales results came in below our expectations for the quarter, we were encouraged by the strong positive comp performance throughout February and March, as well as the last two weeks of April, when temperatures began to [...]

    MACY'S BEATS - Q1 Comp Sales: Owned Basis +3.9% / Owned + Licensed Basis +4.2% (vs. 1.4% Expected) Press release   ...CNBC: Macy's shares soar on earnings beat, strong sales growth "Earnings per share: 48 cents, adjusted, vs. 37 cents expected. Revenue: $5.5 billion vs. $5.4 billion expected. Same-store sales: an increased of 4.2 percent vs. an increase of 1.4 percent expected." Read more   Target increasing men's grooming offerings in 11 stores by Dan DeBaun at Minneapolis/St.Paul Business Journal. "The section — part of the store's beauty aisles — will have over 600 products from brands like Harry's Razors, Beardbrand, Byrd, Maestro's [...]

  The Commerce Department said on Tuesday that retail sales rose 0.3 percent last month after surging 0.8 percent in March. Last month’s increase in retail sales was in line with economists’ expectations. at Reuters. Read more   Home Depot Q1 Comp Sales +4.2% Press release   ...Home Depot shares fall on sales miss, hurt by slow start to spring at CNBC. "Customer transactions during the quarter fell 1.3 percent, though shoppers spent an average of $66, 5.9 percent more than a year earlier...Same-store sales growth 4.2 percent vs. 5.4 percent forecast by Thomson Reuters." Read more   Target 'flow [...]

  March on Amazon HQ: Seattle housing activists demand ‘head tax’ on big business by Monica Nickelsburg at GeekWire. "About 250 people marched with Sawant, chanting “we are ready to fight, housing is a human right” and “no Bezos-Durkan deal.”...If the original head tax passes Monday, Durkan will have to decide whether or not to veto the legislation." Pics/Read more   Amazon’s market share in India has grown in recent years as Walmart’s Flipkart has fallen by Tonya Garcia at MarketWatch. "Amazon, which has made significant progress growing market share from about 10% in 2014 to 27% in 2017, compared [...]