Home Depot reported 2Q19 EPS of $3.17, up 3.7% and beating the consensus estimate of $3.09. Revenues were $30.8 billion, up 1.2% and marginally below the $31.0 billion consensus estimate.
Supply Chain Briefing: Chief Supply Chain Officer Role Emerges to Improve Efficiency and Oversee Supply Chain Operations
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.
Nordstrom (NYSE: JWN) 2Q19 Results: Company Misses Expectations Due to Softer Sales, Lowers Sales Guidance
Nordstrom reported 2Q19 revenues of $3.87 billion, down 5.1% year over year and below the consensus estimate of $3.92 billion. The company’s earnings per share (EPS) declined 5.3% year over year.
Target reported 2Q19 revenues of $18.42 billion, up 3.6% and beating the $18.29 billion consensus estimate. Adjusted EPS was $1.82, beating the $1.62 consensus.
Urban Outfitters (NYSE: URBN) 2Q19 Results: Sales and Comps Below Expectations Due to Softer Women’s Apparel Assortment
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.
Estée Lauder (NYSE: EL) 4Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full Year
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%.
TJX Cos. reported fiscal 2Q19 revenues of $9.8 billion, up 4.8% year over year and lower than the consensus estimate of $9.9 billion. Earnings per share (EPS) grew 6.9% year over year to $0.62.
Kohl’s (NYSE: KSS) 2Q19 Results: Revenues and Comps Down, Introducing Emerging Brands Platform with Facebook
Kohl’s reported 2Q19 revenues of $4.43B, beating consensus of $4.31B, and down 3.1% YoY. The company reported adjusted 2Q19 EPS of $1.55, higher than consensus of $1.53.
This report looks at payment platforms, explores their prospects, and reviews new technologies that could shape the future of the global payment landscape.
From loyalty programs to experiential concepts, we assess how US department stores are transforming themselves to stay relevant.
QUESTION OF THE WEEK: When Do US Shoppers Prefer to Use Their Smartphones than Ask Store Associates?
Chinese online grocer Dada-JD Daojia is reportedly conducting talks bankers to raise around $500 million in a US IPO in May 2020. Walmart owns a 10% stake in the venture.
US Monthly Retail Traffic and In-Store Metrics Report: Increased Traffic in July Post Independence Day Weekend
US store traffic declined 3.8% year over year in July. The conversion rate declined 0.2 percentage points, average transaction value (ATV) grew 3.9% and the product return rate declined 0.3 percentage points.
Radio Frequency Identification (RFID) and Near Field Communication (NFC) are key technologies to digitalize store operations and can be instrumental to facilitate omnichannel retail.
Mexico’s diverse ethnic composition influences the designs, arts and crafts available in many popular shopping districts – along with the works of new and upcoming local designers.