Research | Coresight Research

Supply Chain Briefing: Chief Supply Chain Officer Role Emerges to Improve Efficiency and Oversee Supply Chain Operations

Coresight August 22, 2019

The role of CSCO is relatively new, but we’re seeing more companies in retail and apparel hiring CSCOs to oversee their increasingly complex supply chain operations. Leveraging a CSCO role offers many benefits for forward-looking companies.

Company Earnings Update

Urban Outfitters (NYSE: URBN) 2Q19 Results: Sales and Comps Below Expectations Due to Softer Women’s Apparel Assortment

Coresight August 22, 2019

Urban Outfitters reported fiscal 2Q19 revenues of $962.3M, lower than the consensus estimate of $980.6M and down 3% year over year. The company reported 2Q19 EPS of $0.61, above the consensus estimate of $0.58 and down 27.4% from the year ago period.

Company Earnings Update

Estée Lauder (NYSE: EL) 4Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full Year

Coresight August 21, 2019

Estée Lauder reported 4Q19 revenues of $3.6B, up 9% YoY compared to $3.3B in the prior-year period. Adjusted, non-GAAP (EPS) were $0.68, compared to $0.61 in the year ago quarter, up 12%.

Deep Dive

The Future of Payments

Coresight August 21, 2019

This report looks at payment platforms, explores their prospects, and reviews new technologies that could shape the future of the global payment landscape.

Deep Dive

RFID and NFC in Retail

Coresight August 18, 2019

Radio Frequency Identification (RFID) and Near Field Communication (NFC) are key technologies to digitalize store operations and can be instrumental to facilitate omnichannel retail.

Store Tracker

Weekly US and UK Store Openings and Closures Tracker 2019, Week 33: Avenue to Close All Stores

Coresight August 16, 2019

In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.

Company Earnings Update

JCPenney (NYSE: JCP) 2Q19 Results: Revenues Down, Improves Inventory Position, Launches Partnership with ThredUp in 30 Stores

Coresight August 16, 2019

JCPenney reported fiscal 2Q19 net sales of $2.51B, lower than the consensus estimate of $2.64B, and down 9.2% YoY. Comparable sales decreased 9.0% compared to the consensus estimate of down 5.1%.

Insight Report

UK Retail Sales, July 2019: Growth Accelerates for Internet Retailers

Coresight August 16, 2019

July was a solid month for UK retail overall, according to the ONS: Sales grew 3.7% versus 4.0% in June and slightly below the 4.1% average for the prior 12 months.

Company Earnings Update

Tapestry (NYSE: TPR) 4Q19 Results: Coach and Stuart Weitzman Drive Results as Kate Spade Disappoints but Offers Upside

Coresight August 16, 2019

Tapestry is focused on protecting Kate Spade brand in promotional outlet channel and increasing product differentiation and distinctive newness to drive conversion.

Company Earnings Update

Nvidia (NASDAQ: NVDA) 2Q20 Results: Beats Consensus, New AI Products for Language and Vehicles

Coresight August 16, 2019

Nvidia reported 2Q20 results that beast consensus estimates. Automotive was the fastest-growing segment, growing 30%, and the company announced AI products for language and vehicles.

Weinswig’s Weekly

Weinswig’s Weekly — August 16, 2019

Coresight August 15, 2019

This week’s note “From the Desk of Deborah Weinswig” looks at the abundance of technology pouring into retail stores.

Company Earnings Update

Macy’s (NYSE: M) 2Q19 Results: Revenues Down, Lowers EPS Guidance, Launches Pilot with ThredUp

Coresight August 15, 2019

Macy’s fiscal 2Q19 revenues were $5.55B, down 0.5% YoY, even with the consensus estimate. The company reported 2Q19 adjusted EPS of $0.28, down 47.2% from a year ago. Macy’s lowered EPS guidance.

Company Earnings Update

Canada Goose (NYSE: GOOS) 1Q20 Results: Revenue and EPS Beat Estimates, Reiterates Guidance for FY2020

Coresight August 15, 2019

Canada Goose’s 2Q20 results beat consensus estimates, though the company drdeported a 650-bps decline in the gross margin. The company reiterated its fiscal 2020 outlook.

Company Earnings Update

Cisco (NASDAQ: CSCO) 4Q19 Results: Beats/In Line with Consensus, Security Driving Growth

Coresight August 15, 2019

Cisco reported fiscal 4Q19 results that met or beat consensus estimates, and security was a major growth driver in the quarter. Cisco is expanding security across all its networking and cloud domains.

Question of the Week

Which Are the Most Shopped Discount Apparel Retailers in Germany?

Coresight August 12, 2019

QUESTION OF THE WEEK: Which Are the Most Shopped Discount Apparel Retailers in Germany?