Toys “R” Us Inc., reported a not so stellar third quarter. Net sales were $2.018 million, a decrease of $89 million compared to 2016. Here is what the CEO Davide Brandon had to say about the third quarter and what the company plans as it moves ahead.
Sears reported a net loss of $748 million in the third quarter of 2016. This loss results in store closures and downsizing of existing store locations. See what other plans are in place for Sears as it moves forward.
FedEx said this week that its third quarter earnings took a direct hit thanks, in most part, to severe weather during the holiday shopping season.
J. Crew has released its third quarter financials on Dec. 4, showing a revenue increase of 11% to $618.8 million. Store sales increased 7% to $420.2 million and direct sales increased 21% to $189.8 million.
Walmart reported its net sales for the third quarter of $114.9 billion, an increase of 1.6% from last year, according to its financial report released on Nov. 14.
Macy’s sales in the third quarter totaled $6.276 billion, up to 3.3% from total sales of $6.75 billion in the third quarter of 2012.