Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic.
Best Buy is one of the retailers that has benefited from stay-at-home trends during the pandemic, such as working from home and attending school remotely.
Estee Lauder forecast current-quarter profit below analysts' estimates on Thursday after posting a bigger-than-expected quarterly loss, as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium makeup brands.
China's Alibaba beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased.
With help from the $7 billion Mellanox acquisition, Nvidia's data center business delivered more revenue than the company's gaming unit for the first time.
Victoria's Secret owner L Brands on Wednesday said its sales fell 20% during the latest quarter with stores closed due to the pandemic, but they weren't as bad as analysts feared, buoyed by the strength of its soaps and fragrances division.
Lowe's said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.
Lyft faces a threat to its business in California, where a judge issued a preliminary injunction that requires it to classify its drivers as employees eligible for benefits, not independent contractors.
Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company's core ride-sharing business was down 73% from last year.