Stein Mart, Inc. reported that its comparable stores sales for the nine-week period ended January 5, 2019 decreased 3.3 percent on a shifted basis, which compares to the nine-week period ended January 6, 2018. Results reflect lower store traffic partially offset by higher average unit retail and digital sales growth of 20 percent. “Holiday sales were below our expectations, with traffic impacted by changes we made to our holiday marketing strategy,” said Hunt Hawkins, Chief Executive Officer. “Notwithstanding our holiday sales, fiscal 2018 operating results will be significantly better than last year.”
Walmart U.S. Q1 comp sales1 grew 10.0% and Walmart U.S. eCommerce sales grew 74%, Q1 FY21 GAAP EPS of $1.40; Adjusted EPS2 of $1.18, Company incurs incremental costs related to COVID-19 of nearly $900 million, Provides update on the business amid global health pandemic
*Total revenue was $134.6 billion, an increase of $10.7 billion, or 8.6%. Excluding currency 2 , total revenue would have increased 9.7% to reach $135.9 billion.
*Walmart U.S. comp sales1 increased 10.0%, led by strength in food, consumables, health & wellness and some general merchandise categories.
*Walmart U.S. eCommerce sales grew 74% with strong results for grocery pickup and delivery services, walmart.com and marketplace.
*Due to continued strength of the Walmart.com brand, the company will discontinue Jet.com. The acquisition of Jet.com nearly four years ago was critical to accelerating our omni strategy.
*Sam’s Club comp sales1 increased 12.0%, led by in-club transactions. eCommerce sales grew 40%. Reduced tobacco sales negatively affected comp sales by approximately 410 basis points.
more detail at: https://corporate.walmart.com/media-library/document/q1-fy21-earnings-release/_proxyDocument?id=00000172-29ed-d3ff-a3f6-bded2c350000