The latest ecommerce earnings results are out from retailers in Digital Commerce 360’s Top 1000 Database. Albertson’s continued to see results from its ecommerce and omnichannel investments, with digital sales growing 24% year over year in its most recent quarter. Meanwhile, Walgreens announced a new wave of store closures, setting up a three-year timeline as part of its turnaround efforts. Read more ecommerce earnings coverage here.
Parentheses indicate the merchant’s ranking in the Top 1000, unless otherwise stated. The database ranks North America’s largest ecommerce retailers by their annual web sales.
This week’s ecommerce earnings takeaways
- Albertsons Companies grew digital sales 24% year over year as net sales increased 1.6%.
- JD Sports Fashion Plc recommitted to digital investments as it grew net revenue 5.25% year over year.
Albertsons Companies, Inc. (No. 24)
Q2 2024: Albertsons Companies, Inc. reported net sales grew 1.6% year over year to $18.6 billion in its fiscal second quarter that ended Sept. 7. Digital sales were up 24% for the period, during which the company also credited omnichannel and retail media efforts for its results.
“In the second quarter of fiscal 2024, investments in our Customers for Life strategy continued to drive strong growth in our digital sales and pharmacy operations,” said Vivek Sankaran, CEO at Albertsons, in the grocer’s earnings release. “We also drove strong year-over-year growth in our loyalty members and omnichannel shoppers, and accelerated growth in our Albertsons Media Collective.”
Aritzia, Inc. (No. 157)
Q2 2025: Aritzia, Inc. said net sales increased 15.3% year over year to $615.7 million during its fiscal second quarter ended Sept. 1. Net revenue from ecommerce was up 10.4% to $190.0 million for the quarter, accounting for 30.9% of Aritizia’s total net revenue.
“Our performance during the second quarter of Fiscal 2025 exceeded our expectations, as we delivered a 15% increase in net revenue compared to the second quarter of Fiscal 2024 and generated comparable sales growth of 6.5%,” said Jennifer Wong, CEO at Aritzia. “Our top line was fueled by a 24% net revenue increase in the United States, which was driven by our proven real estate expansion strategy, a meaningful acceleration in ecommerce growth and strong comparable sales growth in our boutiques.”
Bassett Furniture Industries, Inc. (No. 408)
Q3 2024: Bassett Furniture Industries, Inc. recorded a 13.3% year-over-year decrease in net sales, which totaled $75.6 million in its fiscal third quarter ended Aug. 31. Bassett highlighted the role of a cyber incident, reported in July, which it said shut down financial and manufacturing systems for seven days.
“The industry remained challenged by economic factors in the quarter, including a slow housing market that is forecasted to improve heading into 2025,” said Robert Spilman, Jr., chairman and CEO at Bassett, in the company’s earnings results. “With our strong balance sheet and our focus on right-sizing our expense structure, our goal is to drive better profitability.”
Spilman noted Bassett is “committed to returning to profitability,” targeting an improvement of $5.5 million to $6.5 million to its bottom line in the coming year as it proceeds with a restructuring plan.
Helen of Troy Limited (No. 163)
Q2 2025: Helen of Troy Limited said net sales declined 3.5% year over year to $474.2 million in its fiscal second quarter ended Aug. 31. Despite the drop, Noel Geoffroy, CEO at Helen of Troy, said the retailer exceeded expectations while dealing with major challenges.
“During the quarter, we took decisive actions toward our long-term strategic initiatives, including strengthening the core and further shaping our growth portfolio,” Geoffroy stated. “In addition, despite persistent macro headwinds, we achieved early results on our efforts to ‘Reset and Revitalize’ our business, driven by improved brand fundamentals, optimized marketing and innovation, and expanded distribution.”
Helen of Troy’s sales of hair appliances, air purifiers and humidifiers all fell during the quarter, while it managed to find growth in its home and insulated beverageware categories, international sales and the fans and thermometers it carries.
Johnson & Johnson (No. 359)
Q3 2024: Johnson & Johnson’s net sales increased 5.2% year over year to $22.5 billion in its fiscal third quarter that ended Sept. 29. The company cited sales growth of 6.3% in its Innovative Medicine segment, as well as 6.4% in its MedTech segment for the period.
“Johnson & Johnson’s strong results in the third quarter reflect the unique breadth of our business and commitment to delivering the next wave of healthcare innovation,” said Joaquin Duato, chairman and chief executive officer at Johnson & Johnson, in a released statement. “During the quarter, we advanced our pipeline with regulatory approvals for Tremfya and Rybrevant, submitted an IDE [investigational device exemption] for our general surgery robotic system, Ottava, and launched Velys Spine and Shockwave E8 IVL Catheter, further strengthening our confidence in our near-and long-term growth targets.”
Walgreens Boots Alliance (No. 14)
Q4 2024: Walgreens Boots Alliance said net sales were up 0.6% year over year to $37.5 billion during its fiscal fourth quarter that ended Aug. 31. The company revealed it would close 1,200 physical locations over three years, about 500 of those closures occurring in its 2025 fiscal year. These closures and the current turnaround effort at Walgreens both came up in the pharmacy chain’s earnings announcement.
“In fiscal 2025, we are focusing on stabilizing the retail pharmacy by optimizing our footprint, controlling operating costs, improving cash flow, and continuing to address reimbursement models to support dispensing margins and preserve patient access for the future,” said Tim Wentworth, CEO at Walgreens Boots Alliance. “Fiscal 2025 will be an important rebasing year as we advance our strategy to drive value creation.”
Other recent ecommerce earnings results
Alibaba Group Holding Limited
Q1 2025: Alibaba reported a 4% revenue increase year over year to $33.5 billion in its fiscal first quarter ended June 30, 2024. During the same period, net income dropped 27% to $3.31 billion.
Alibaba owns the world’s two largest online marketplaces by gross merchandise value (GMV), Taobao and Tmall. Taobao ranks No. 1 in the Global Online Marketplaces Database, Digital Commerce 360’s ranking of the largest such marketplaces by third-party GMV. Tmall ranks No. 2. Both operate in China.
Read more on Alibaba’s earnings here.
Amazon.com Inc. (No. 1)
Q2 2024 earnings: Amazon net sales increased 10% year over year to $148.0 billion during its second fiscal quarter, which ended June 30.
It ranks No. 1 in the Top 1000, Digital Commerce 360’s ranking of the largest North American online retailers. Amazon is also No. 3 in Digital Commerce 360’s Global Online Marketplaces Database, which ranks the 100 largest such marketplaces by third-party gross merchandise value (GMV).
Read more on Amazon’s earnings results here.
Costco Wholesale Corporation (No. 7)
Q4 2024: Costco Wholesale Corp.’s net sales rose 1% year over year to $78.2 billion in its fiscal fourth quarter that ended Sept. 1, up from $77.4 billion in the same quarter last year.
Ecommerce performance was particularly strong, with same-store online sales up 18.9% for the quarter and 16.1% for the full year.
Read more on Costco’s ecommerce earnings here.
The Home Depot Inc. (No. 4)
Q2 2024: Home Depot said its total sales grew 0.6% year over year to $43.2 billion in its second quarter of 2024 ended June 28. Meanwhile, online sales were up 4% compared with the same quarter a year ago.
Read more on Home Depot’s ecommerce earnings here.
JD Sports Fashion Plc (No. 21 in Europe database)
H1 2025: JD Sports Fashion Plc recorded $6.5 billion (£5.0 billion) in net revenue for its fiscal first half of 2024 ended Aug. 3, up 5.2% year over year. The retailer credited its multi-brand approach for the results, reiterating its continued investment in omnichannel capabilities and digital transformation.
“Our success is a direct reflection of the strength and agility of our global, multi-brand strategy, which allows us to adapt swiftly to fast-changing industry trends across the world, and our operational excellence,” said Régis Schultz, CEO of JD Sports Fashion Plc, in its earnings announcement. “This ensures we continue to deliver an industry-leading customer proposition both in-store and online.”
Digital strategy priorities at JD Sports include setting “a global standard for customer experience in our stores and across our digital channels as part of our developing omnichannel model,” according to the company’s statement. Related efforts include options related to “click and collect,” “ship from store” and the JD Status loyalty program.
Levi Strauss & Co. (No. 164)
Q3 2024: Levi Strauss & Co. reported revenue of $1.5 billion for its fiscal third quarter ended Aug. 25, essentially flat from the same period a year ago. Ecommerce sales, however, outpaced overall growth. The apparel brand announced that net revenue from ecommerce increased 16% year over year. Its direct-to-consumer segment comprised 44% of overall net revenue during the quarter.
“Ongoing initiatives to elevate our site and deliver a more premium, expanded online assortment are enhancing the consumer experience,” said Michelle Gass, president and CEO at Levi Strauss, during the company’s earnings call. “We’re seeing encouraging trends in consumer engagement with our global loyalty program, acquiring nearly 2 million new members in Q3, bringing our total member base to 37 million globally.”
In addition, Levi Strauss expects to see help from its newly launched “Reimagined” marketing campaign with singer and celebrity Beyoncé.
“The campaign features core products like 501 ’90s, original truckers, and Essential Tees and pays homage to classic Levi’s ads through a modern reinterpretation focused on women and icons,” Gass said. “We’ll be activating the campaign across more than 3,000 direct-to-consumer touch points and throughout our ecommerce channels around the world.”
Nike, Inc. (No. 9)
Q1 2025: Nike, Inc. reported that revenue fell 10% year over year to $11.59 billion in its first fiscal quarter of 2025, which ended Aug. 31. Meanwhile, digital sales decreased 20% over the same period. That marked the third quarter in a row that Nike’s digital sales were down.
Read more on Nike’s earnings here.
Target Corp. (No. 5)
Q2 2024: Target reported that total sales increased 2.6% year over year to reach $25 billion in its second fiscal quarter of 2024 ended Aug. 3. Digital sales alone grew 8.7% during the same period.
Read more on Target’s ecommerce earnings results here.
Tesco Plc (No. 10 in Europe database)
H1 2025: Tesco Plc said group sales grew 3.5% year over year to $41.1 billion (£31.5 billion) in the first half of its 2024-2025 fiscal year, which ended Aug. 24. The supermarket chain cited its focus on value and competitive pricing in its earnings results.
“We have lowered prices on thousands of lines, launched or improved over 860 products in partnership with our suppliers and growers, and our customer satisfaction scores continue to improve across a broad range of measures,” said Ken Murphy, CEO at Tesco, in its earnings release.
The company also shared that its Clubcard sales were up 82% year over year in the United Kingdom. In addition, it said the number of active advertisers, campaigns per advertiser and spend per campaign were all up on its retail media channel through the Tesco Media and Insight Platform. Tesco did not break down specific results for the platform, though.
Walmart Inc. (No. 2)
Q2 2025: Walmart recorded a 4.8% increase in consolidated revenue year over year. It brought in $169.34 billion for its fiscal second quarter of 2025 ended July 31.
Read more on Walmart’s ecommerce earnings here.
Ecommerce earnings calendar
Here’s when other ecommerce earnings are scheduled to report this quarter:
- Winmark Corporation: Oct. 16
- Deckers Brands: Oct. 24
- Tractor Supply Co.: Oct. 24
- Goodfood Market Corp.: Nov. 12
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