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US Q3 in brief - Kohl's, Walmart, Sequential Brands

2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com

The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Walmart has booked a year-on-year rise in both earnings and revenue, while Dillard's has returned to profit after posting a loss in the previous quarter. Elsewhere, Kohl's has swung to a net loss from last year, while Under Armour has seen profit drop by more than 60%.

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