The latest ecommerce earnings results are out from retailers in Digital Commerce 360’s Top 2000 Database.
Online sales at Academy Sports and Outdoors boosted its overall sales, which were up 6.7% year over year in Q1. Elsewhere, online native and apparel curation service Stitch Fix saw its revenue per client continue to grow as net revenue increased by 4.7% year over year.
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
- Academy Sports and Outdoors net sales grew 6.7% as omnichannel and artificial intelligence (AI) efforts shaped its latest digital improvements.
- Stitch Fix net revenue increased by 4.7% in its Q3, helped by rising revenue per client.
Academy Sports and Outdoors Inc. (No. 142)
Q1 2026 net sales: Academy Sports and Outdoors Inc. reported that net sales increased by 6.7% year over year to $1.44 billion in its fiscal first quarter ended May 2. Meanwhile, ecommerce sales were up by 17.4% over the same period.
Academy Sports CEO Steven Lawrence credited the retailer’s recent omnichannel and AI accomplishments for fueling digital growth.
“First, we’re expanding our same-day delivery platforms to include Uber Eats and Instacart as a complement to our existing partnership with DoorDash. Our research shows there is minimal overlap between the customer bases for each of these services, so expanding our online presence to include these additional same-day delivery platforms should be mostly accretive and expose our brand and product categories to a broader audience,” Lawrence said during the company’s June 9 earnings call. “In addition, we plan to migrate the search platform from our site to be powered by Google’s AI Commerce search and Gemini Enterprise customer experience as we turn the corner into back-to-school.”
Lawrence flagged rising volumes of agentic commerce activity as a signal that the retailer can benefit from shoppers using AI agents.
“We believe customers are increasingly utilizing AI agents to aid them as they shop online,” he stated. “So moving our search to be powered by AI is a natural evolution and will be intuitive for them.”
Chewy Inc. (No. 10)
Q1 2026 net sales: Chewy Inc. said net sales were up by 7.7% year over year to $3.36 billion in its fiscal Q1 ended May 3. During the quarter, sales from its Autoship program increased by 10.5% from a year earlier, reaching $2.83 billion.
Read more on Chewy’s quarter sales here.
The Lovesac Company (No. 409)
Q1 2027 net sales: The Lovesac Company announced that its net sales declined by 0.1% year over year to $138.20 million in its fiscal first quarter ended May 3. Internet sales for the quarter increased 7.1% from a year ago, as showroom sales grew by a more modest 0.6% and other sales fell by 36.3%.
“The decrease [in other sales] was primarily attributable to the closure of the company’s Best Buy shop-in-shop locations as a result of the discontinuation of its partnership with Best Buy,” explained Keith Siegner, executive vice president, chief financial officer and treasurer at Lovesac, during the retailer’s earnings call. In addition, Lovesac saw a reduced presence in its pop-up locations at Costco.
Mary Fox, the president and chief operating officer at Lovesac, noted that the company “invested in AI-readable content, structured data and creator ecosystems to drive agentic engine optimization” during Q1.
Stitch Fix Inc. (No. 78)
Q3 2026 net revenue: Stitch Fix Inc. recorded net revenue growth of 4.7% year over year to $340.28 million in its fiscal second quarter ended May 2. Matt Baer, the CEO at Stitch Fix, touted “a significant milestone with sequential growth in active clients.”
Stitch Fix’s active clients increased 0.9% from the previous quarter to 2.3 million, though that total was down by 1.9% from a year ago. Still, Stitch Fix’s net revenue per active client was up 6.6% year over year to $578.
“These results demonstrate how we are strengthening our position as our client’s retailer of choice for apparel, footwear and accessories,” Baer said during Stitch Fix’s June 10 earnings call.
He noted that Stitch Fix’s men’s business “grew double digits year over year for the fourth straight quarter with standout performance in warm weather categories, such as shorts, short-sleeve woven tops and casual shoes, which each grew more than 30%.”
He also listed Stitch Fix’s own brand, Alesbury, alongside Travis Matthew, Vuori and Bonobos, as having seen the strongest growth on its platform.
Other recent ecommerce earnings
Alibaba Group Holding Limited
Q4 2026 revenue: Alibaba Group Holding Limited reported that revenue increased by 2.9% year over year to 243.38 billion Chinese yuan (about $35.28 billion) in its fiscal fourth quarter ended March 31. The quarter saw Alibaba’s Taobao app launch the Qwen Shopping Assistant for product discovery, in-sale support, order management and post-purchase services. That effort builds on the company’s existing Qwen AI platform.
Read more on Alibaba’s ecommerce earnings here.
Amazon.com Inc. (No. 1)
Q1 2026 net sales: Amazon.com Inc.’s net sales increased by 16.6% year over year to $181.52 billion in its fiscal first quarter ended March 31. During the quarter, perishable item sales were up by more than 40x year over year, accounting for nine of Amazon’s 10 most-ordered items for same-day delivery in areas where the service was offered.
Read more on Amazon’s sales here.
Costco Wholesale Corporation (No. 6)
Q3 2026 net sales: Costco Wholesale Corporation reported that net sales grew 11.6% year over year to $69.15 billion in its fiscal Q1 ended Feb. 15. Over the same period, ecommerce sales increased by 21.5%.
Read more on Costco’s ecommerce sales here.
The Home Depot Inc. (No. 4)
Q1 2026 net sales: The Home Depot Inc. reported that net sales increased by 4.8% year over year to $4.77 billion in its fiscal first quarter ended May 3. Online sales were up by about 10% over the same period.
Read more on Home Depot’s online sales here.
The Kroger Co. (No. 6)
Q4 2025 total sales: The Kroger Co. reported total sales were up by 1.2% year over year to $34.73 billion in its fiscal fourth quarter ended March 31. Digital sales for the grocer grew by 20% from a year earlier.
Read more about Kroger’s digital sales here.
Target Corporation (No. 5)
Q1 2026 total sales: Target Corporation total sales grew by 6.7% year over year to $25.44 billion in its fiscal first quarter ended May 2. In the meantime, its first-party online sales increased by nearly 9% from a year earlier.
Read more on Target’s online sales here.
Walmart Inc. (No. 2)
Q1 2027 total revenue: Walmart Inc. reported that total revenue increased 7.3% year over year to $177.75 billion in its fiscal first quarter ended April 30. Online sales during the quarter were up by 26% 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:
- La-Z-Boy: June 16
- Kroger: June 18
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