Several major retailers reported mixed first-quarter earnings results, reflecting varied consumer spending patterns and company-specific challenges across different market segments.

Dick's Sporting Goods posted higher fiscal first-quarter sales, with the company making progress on its turnaround efforts at Foot Locker, which it acquired. Foot Locker returned to growth after previous struggles, marking a positive development for the athletic retailer.

Bath & Body Works reported declining first-quarter sales as the personal care retailer implements a strategic overhaul aimed at returning the company to growth. The company is in the midst of revamping its business approach amid challenging market conditions.

Abercrombie & Fitch recorded increased sales for its fiscal first quarter despite facing softer demand in certain international markets. The apparel company cited the war in the Middle East as a factor affecting regional demand patterns.

In the grocery sector, German discount chain Lidl surpassed Morrisons to become Britain's fifth-largest supermarket. Lidl has expanded its customer base by opening additional locations in recent years, while Morrisons has faced difficulties under private equity ownership.