Best Buy Q2 comp sales +4.1% (vs. +1.0% outlook) "Raising F27 annual guidance to: Comparable sales % change of 1.9% to 3.0%, compared to prior guidance of (1.0%) to 1.0%." Press release   ...Best Buy tops quarterly estimates, raises outlook as computing shows strength at CNBC. "The earnings marked the last quarter of reporting under current CEO Corie Barry. (Jason) Bonfig will take over the reins of the company on Nov. 1..." Read more   Dollar General Corp Q2 comp sales +3.5% "...reflecting increases of 2.0% in customer traffic and 1.5% in average transaction amount...growth in each of the consumables, [...]

  Dick's Business Q2 comp sales +4.9% "...comps for the Foot Locker Business declined 3.6%...Revises full year 2026 outlook: Maintains Dick's Business comp sales outlook of 2.5% to 4.0% growth. Lowers Foot Locker Business proforma comparable sales outlook to a range of negative 2.0% to 0.0%. Lowers operating income outlook for both Dick's and Foot Locker Businesses." Press release   ...Dick’s Sporting Goods stock falls amid revenue miss, cites ‘challenging’ footwear market at CNBC. "For the period ended Aug. 1, Dick’s reported net income of $315 million, or $3.50 per share, down from $381 million, or $4.71 per share, the [...]

  Walmart Q2 US comp sales +2.6% / Hikes full year outlook at CNBC. "The retailer said revenue rose 5.9% in its fiscal second quarter as e-commerce sales jumped 23% globally. Walmart also said U.S. comparable sales grew 2.6%, offset in part by a 0.8% headwind in its health and wellness business as price caps on certain drugs took effect." Read more   ...Sam's Club comp sales +4.4% / WM Int'l Net Sales +7.9% / Global Advertising +38% Press release   ...Walmart sees the slowest pace in US comparable sales in 6 years and offers cautious guidance at AP. "The [...]

  Home Depot Q2 comp sales +1.7% Press release   ...Home Depot reaffirms guidance amid ‘frozen housing market conditions’ at CNBC. "(Consumers) told us they have the means to spend, they’re just hesitant,” (CFO McPhail) told CNBC. “While we’re happy with their level of engagement in the first half, they do tell us they’re worried about inflation, about fuel costs and about about general uncertainty, and so there is a little bit of hesitancy there as the project gets bigger.” Read more   ...Home Depot: Revenue beats / Sales lifted by customers focusing on smaller projects at AP. "Customer transactions [...]

  Shipping giants warn ports and trucks could hold up deliveries and push up prices at CNBC. "Vincent Clerc, CEO of Maersk, said that despite the war in Iran and the impact of U.S. tariffs, there had been “incredible resilience of demand...which has led volumes to continue completely unabated.” However, bottlenecks on the land — from port terminals and cargo facilities to road and rail links — are causing congestion and pushing freight rates higher, he said." Read more   Tariff Reported Refund Leaders (Apple @ $2.2B / Amazon @ $640M) WSJ subs.   ...Tariff refunds now flowing through shippers [...]

  On Q2 net sales +13.5% Press release   Vintage Fashion Is Changing the Economics of Desirability at Bloomberg. "Unlike the primary market, where brands largely set the prices, the secondary market is closer to a continuously operating auction that results in free-market price discovery — basically, a stock market for clothes...In the preowned market, says Gaya Guiragossian, style director at Vestiaire Collective, “value is determined over time. It reflects what remains desirable once the hype has faded.” Bloomberg subs.   CNBC/NRF Retail Monitor Shows 10th Month of Sales Growth; July total retail sales up 5.15% YOY Press release   [...]

  Warby Parker Q2 revenue +9.8% "Active Customers increased 4.1%...Average Revenue per Customer increased 6.6%...(ended) Q2 with 352 stores." Press release   Whatnot - Where Some People Bid Until They’re Broke at WSJ. "...within four months, the 45-year-old accountant had spent almost $1.4 million...Whatnot is on track to surpass one billion dollars in revenue this year after adding 20 million new accounts in 2025...holds nearly 60% of the live commerce market in North America and Europe." WSJ subs.   Etsy laying off about 220 employees, or roughly 12% of its workforce at CNBC   Bob’s Discount Furniture Q2 comp sales [...]

  Best Buy appoints Anne Bramman as Chief Financial Officer "She most recently served as chief financial and growth officer of Circana, a leading consumer analytics company. Prior to Circana, Bramman was CFO of Nordstrom..." Press release   Publix Q2 comp sales decreased 0.5% Press release   Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say at Reuters. "The valuation target marks a dramatic ​reset for Shein, whose worth peaked at $98.2 billion in 2022 before falling to $64 billion in 2023 and April 2024 ⁠in private fundraising rounds as growth slowed and external pressures mounted." Reuters [...]