Insight Report 17 minutes Premium2Q18 US Earnings-Season Wrap-Up: Gauging Winners and Losers Coresight Research October 8, 2018 Executive SummaryThe US retail sector continued its growth momentum in the second quarter as some of the biggest players in the industry, including Walmart, Target and Home Depot, posted strong quarterly performances. In the mass merchandise and general merchandise retail sector, Walmart posted its strongest same-store sales growth in more than a decade, and its revenues, EPS and comps were all ahead of consensus estimates. The apparel and footwear retailers on our focus list of companies grew sales by 8.5% in the second quarter, beating the consensus estimate of 5.9%. The group’s EPS result stopped analysts’ 16.0% growth estimate, growing by 29.2% year over year. TJX Companies reported strong quarterly results, including year-over-year sales growth of 11.6%, which beat the consensus estimate of 7.7%, driven by comp growth of 6%. Four out of the five department stores on our focus list beat analysts’ expectations and posted healthy sales figures for the quarter. Amazon again posted strong quarterly numbers, aided by an increase in Prime memberships, growth in Echo device sales and increasing subscription revenues. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weinswig’s Weekly: Here’s How US Consumers Will Spend Labor DayCoresight Bites: How Much Are Chinese Beauty Shoppers Spending?Walmart Thrives as Financial Health Steadies: US Consumer Tracker 2023, Week 33Analyst Corner—Keep Up with Retail Dynamics: The Fast Luxury Model with Sunny Zheng