The latest ecommerce earnings results are out from retailers in Digital Commerce 360’s Top 2000 Database. Helen of Troy fell short of expectations. The company shared the impact that tariff costs have had on its balance sheet. Elsewhere, Levi Strauss & Co. grew its revenue 6.4% year over year. There, ecommerce played major roles in its wholesale and direct-to-consumer businesses.

Parentheses indicate the merchant’s ranking in the Top 2000, unless otherwise noted. The database ranks North America’s largest ecommerce retailers by their annual web sales.

This week’s ecommerce earnings takeaways

• Levi Strauss & Co. revenue increased 6.4% year over year, thanks to wholesale and direct-to-consumer improvements.
• Tariff costs weighed on Helen of Troy as sales declined 10.8% year over year and its CEO search continued.

Bassett Furniture Industries, Inc. (No. 416)

Q2 2025: Bassett Furniture Industries, Inc. reported that consolidated revenue increased 1.1% year over year to $84.3 million in its fiscal second quarter ended May 31.

“We’re pleased with both revenue and operating income improvements in the second quarter, despite the ongoing challenges affecting consumer confidence and purchasing decisions, including a historically weak housing market and uncertainty about the impact of trade tariffs on the cost of goods,” said Robert Spilman, Jr., chairman and chief executive officer at Bassett. “Our rigorous attention to increased operating efficiency, product launches, expanded ecommerce capabilities and more customized marketing helped us weather this tepid home furnishings market.”

Spilman expressed optimism about Bassett’s recent omnichannel efforts during Bassett’s earnings call and said conversion was improving despite other challenges.

“Written sales at BassettFurniture.com were up 31% in the second quarter versus last year despite the housing issues, and this follows an increase of 36% in Q1,” he stated. “While website traffic was flat for the quarter, we have much higher levels of conversion, and we’re reaching customers where we don’t have physical stores. We continue to tweak the technology drivers to improve traffic, the user experience and our site conversions.”

Helen of Troy Ltd. (No. 180)

Q1 2026: Helen of Troy Ltd. recorded a 10.8% decline in consolidated net sales revenue year over year to $371.7 million in its fiscal first quarter ended May 31. The company fell short of analysts’ expectations as its board offered an update on its search for a new CEO.

Helen of Troy, whose brands include OXO, Honeywell and Olive & June, announced former CEO Noel Geoffroy’s departure in May. Brian Grass, who served as chief financial officer up to that point, was named as interim CEO.

“The Board’s process to identify our next CEO is well underway with the support of a leading global executive search firm and we are encouraged by the progress thus far,” stated Timothy Meeker, chairman of the board of directors at Helen of Troy. “We continue to prioritize selecting a CEO who has demonstrated success in leading a highly diversified global organization, has the ability to bolster our brands and inspire top talent to capitalize on Helen of Troy’s growth opportunities, and who closely aligns with our strong belief that Helen of Troy has tremendous potential.”

During Helen of Troy’s earnings call, Tracy Schuerman, its current chief financial officer, said Q1 results were below the company’s expectations. Continuing, she detailed the impact that tariffs were having.

“Tariff-related disruption on our shipments was greater than we originally expected in April,” Schuerman said. “There are three tariff-related impacts, making up approximately 8 percentage points of the 10.8% consolidated revenue decline.”

Among them, she cited the “cancellation of direct import orders from China in response to higher tariffs.” Second, she mentioned “tariff-related pull forward of orders into the fourth quarter of fiscal ’25.” She said that was “leading to elevated inventory and lower replenishment in the first quarter of fiscal ’26.” Finally, she noted “China softness, driven by a shift from cross-border ecommerce, the localized distribution models and increased competition from domestic sellers driven by government subsidies.”

Levi Strauss & Co. (No. 155)

Q2 2025: Levi Strauss & Co. reported a revenue increase of 6.4% year over year to $1.4 billion in its fiscal second quarter ended June 1. The apparel brand announced it was raising full-year guidance. It credited growth in its wholesale business and commitment to its direct-to-consumer (DTC) priorities.

“In the U.S., Levi’s wholesale grew 7%, reflecting continued strength in digital and premium accounts,” said Harmit Singh, chief financial and growth officer of Levi Strauss & Co., speaking to investors on the company’s earnings call.

Singh broke down Levi’s wholesale success, noting several driving forces.

“If you think of the wholesale business, we’re getting growth from the digital channel, we’re getting growth from our premium customers and department stores in the U.S. are a smaller piece of our business, but we are working with them to grow this business over time,” he stated.

In the meantime, both in-store and online sales boosted the company’s DTC efforts, said Michelle Gass, CEO, president and director at Levi Strauss.

“Our global direct-to-consumer performance this quarter was up 10% with another quarter of very solid positive comps,” Gass told investors. “Our strong performance came from increased store traffic, better conversion rates and higher AURs [average unit retail], leading to growth both in stores and online across all geographic segments.”

Other recent ecommerce earnings results

Alibaba Group Holding Limited

Q4 2025: Alibaba Group Holding Limited recorded a year-over-year revenue increase of 6.6% to $32.6 billion in its fiscal fourth quarter. Revenue at Alibaba’s international B2B ecommerce segment, Alibaba International Digital Commerce Group (AIDC), was up 22% from a year earlier.

Read more on Alibaba’s ecommerce earnings here.

Amazon.com, Inc. (No. 1)

Q1 2025: Amazon, Inc. reported Q1 sales increased 9% year over year to reach $155.7 billion in its fiscal first quarter ended March 31. Of those sales, $92.9 billion came from North America.

Read more on Amazon’s sales here.

The Home Depot, Inc. (No. 4)

Q1 2025: The Home Depot, Inc. reported net sales grew 9.4% year over year to $39.8 billion in its fiscal Q1 ended May 4. Billy Bastek, executive vice president of merchandising at The Home Depot, credited the retailer’s Magic Apron generative artificial intelligence (AI) tool as online sales rose 8% over the same period.

Read more on Home Depot’s online sales here.

Nike, Inc. (No. 13)

Q4 2025: Nike, Inc. recorded a revenue decline of 12.0% year over year to $11.10 billion in its fiscal fourth quarter ended May 31. Amid other challenges, the apparel brand expects to face $1 billion in costs related to tariffs during its 2026 fiscal year.

In the meantime, the company’s turnaround effort internally is ongoing.

Read more on Nike Digital sales here.

Target Corporation (No. 5)

Q1 2025: Target Corporation said net sales declined 2.8% year over year to $23.8 billion in its fiscal first quarter ended May 3. Despite the overall drop, Q1 online sales were up 4.7% year over year from a year earlier.

Read more on Target’s online sales here.

Walgreens Boots Alliance, Inc. (No. 14)

Q3 2025: Walgreens Boots Alliance, Inc. reported a sales increase of 7.2% year over year to $39.0 billion in its fiscal third quarter ended May 31. The company said comparable sales for its U.S. Retail Pharmacy segment — which includes ecommerce sales — were up 10.3% from the same quarter a year ago. However, comparable retail sales declined 2.4% from a year earlier. The retailer cited lower sales in the grocery and household, health and wellness, and beauty categories.

Walgreens Boots Alliance, which is one of the top three online retailers in Health & Beauty by web sales, announced it would not hold an earnings call to discuss its latest earnings results. In March, it announced plans to go private in a $23.7 billion deal that it expects to close sometime in the second half of the 2025 calendar year.

Walmart, Inc. (No. 2)

Q1 2026: Walmart, Inc.’s total revenue increased 2.5% year over year to $165.6 billion in its fiscal first quarter ended April 30. Online sales became profitable for the retailer in the quarter. Q1 also marked the seventh time in 10 quarters that Walmart online sales grew more than 20% year over year.

Read more on Walmart’s ecommerce earnings here.

Ecommerce earnings calendar

Here’s when other ecommerce earnings are scheduled to report this quarter:

• Albertsons: July 15
• Johnson & Johnson: July 16

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