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WBA second quarter sales increased 3.3 percent from the year-ago quarter to $34.9 billion, an increase of 4.5 percent on a constant currency basis. Operating income was $0.2 billion in the second quarter compared to $1.2 billion in the year-ago quarter. Operating income in the quarter reflects a $306 million pre-tax charge for opioid-related claims and litigation, Summit Health acquisition costs and higher costs related to the Transformational Cost Management Program. Net earnings in the second quarter were $703 million compared to $883 million in the year-ago quarter. This decrease is driven by lower operating income partially offset by a $454 million after-tax gain from the partial sale of the Company's equity method investment in AmerisourceBergen. Net cash provided by operating activities was $745 million in the second quarter.

As a continuation of the company’s ongoing commitment to diversity, equity and inclusion (DEI), as well as family health and wellness,Kohl’s announced it is strengthening its support of the Milwaukee community with commitments totaling more than $2 million to eight nonprofit hometown partners. This renewal includes five hometown partners that help advance BIPOC communities, making progress against the company’s commitment to give $20 million in support of diverse communities by 2025. Through Kohl’s Hometown Partnerships, local nonprofits are able to continue programs that provide access to art and culture, health and social services, and other opportunities, including economic empowerment and neighborhood development. With these commitments, Kohl’s will continue its partnerships with Acts Housing, Boys & Girls Club of Greater Milwaukee, Employ Milwaukee, Greater Milwaukee Urban League, Milwaukee Art Museum, Ronald McDonald House Charities Eastern Wisconsin, Safe & Sound, and Zoological Society of Milwaukee. “Kohl’s is committed to serving families in the Milwaukee community, and we are proud to support these organizations that make a positive impact in our hometown,” said Tara Geiter, Kohl’s director of community relations. “Kohl’s hometown partners touch a wide range of social causes, which continue to be a priority for our community. We are excited to help these organizations expand their reach, and we look forward to deepening these hometown partnerships in the years to come.”

Abercrombie & Fitch Co. reported a GAAP net loss per diluted share of $0.23 for the second quarter ended July 29, 2017, compared to a GAAP net loss per diluted share of $0.19 for the second quarter last year. Excluding certain items, the company reported an adjusted non-GAAP net loss per diluted share of $0.16 for the quarter, compared to an adjusted non-GAAP net loss per diluted share of $0.25 last year. Year-over-year changes in foreign currency exchange rates did not have a meaningful impact on net loss per diluted share for the quarter. Click Read More below for additional detail.