Category: Footwear

The Buckle, Inc. announced that net income climbed 48.1 percent for the fiscal quarter ended July 31, to $51.4 million, or $1.04 per share, from $34.7 million, or 71 cents, a year ago.. Sales gained 36.6 percent.

Foot Locker, Inc. reported earnings and sales in the second quarter ended July 31 came in well above Wall Street’s targets. Sales increased 9.5 percent year-over-year and 28.2 percent compared with the second quarter of 2019. Said Dick Johnson, chairman and CEO, “This quarter reflects strong results in our women’s and kids’ footwear business along with broad demand for our apparel and accessories offerings, which, combined with more limited promotional activity, led to the outstanding top and bottom-line results.”

Amazon is planning to open several large retail locations in the U.S. that are similar to department stores, according to a report in the Wall Street Journal.

Ross Stores, Inc. reported earnings per share for the 13 weeks ended July 31, 2021 grew 22 percent to $1.39 on net income of $494 million. This compares to $1.14 per share on net earnings of $413 million for the 13 weeks ended August 3, 2019. Sales rose 21 percent to $4.8 billion, with comparable-store sales up a robust 15 percent.

Macy’s, Inc. reported results for the second quarter of 2021, raised guidance for fiscal 2021 and announced plans to return capital to shareholders.

Kohl’s Inc. raised its outlook for the year after reporting second-quarter earnings and sales handily topped Wall Street’s targets.

The TJX Companies, Inc. reported earnings and sales topped Wall Street’s expectations. Open-only comp-store sales increased 20 percent against the second quarter of 2019 with apparel ahead in the low-teens.