Insight Report | July 31, 2017 Premium Target +Techstars Retail Accelerator Welcomes Its Second ClassThe Target + Techstars retail accelerator program is welcoming its second batch of startups to Target’s headquarters in Minneapolis, MN. After receiving applications from more than 3,000 retail-specific tech startups from across the globe, Target selected 10 finalists to participate in this year’s 13-week program. Deborah Weinswig, Managing Director of FGRT, was in Minneapolis for the program launch and will serve as a mentor to the accelerator participants. Read More
Company Earnings Update | July 31, 2017 Register for Free Access Baidu (BIDU) 2Q17 Results: Strong Beat on Disciplined Cost ControlBaidu reported 2Q17 non-GAAP diluted earnings per ADS of ¥16.00, up 98.0% year over year, to beat the consensus of ¥10.13. Revenues reached ¥20.9 billion, up 14.3% year over year and were broadly in-line with the consensus estimate. Read More
Deep Dive | July 31, 2017 Premium Subscription Commerce: A Box for Everything and EveryoneRecent years have seen a proliferation of online subscription box service companies offering a variety of products including food, personal care & cosmetics, apparel & footwear, and pet toys. Read More
Company Earnings Update | July 31, 2017 Register for Free Access Adidas (ETR: ADS) Adidas 2Q17: Beats and Raises GuidanceAdidas pre-announced stronger-than-expected revenue growth for 2Q17. Revenues were up 20%, versus the 12% growth expected by analysts, and up by 19% on a constant-currency basis. Read More
Analyst Corner | July 28, 2017 Register for Free Access Weekly Insights Jul 28, 2017This week’s note “From the Desk of Deborah Weinswig” discusses the part Amazon is playing in the changing back-to-school shopping season. Read More
Insight Report | July 28, 2017 Premium (ENXTPA: OR) 1H17 Results: Robust Growth Despite a Second-Quarter SlowdownCosmetics giant L’Oréal grew 1H17 sales by 7.3% year over year, once we exclude figures for the now-divested The Body Shop from the 2016 total. However, revenues missed expectations. Read More
Company Earnings Update | July 28, 2017 Register for Free Access Groupe Casino (EPA:CO) 1H17 Results: Strong Growth in Revenues Lifts Full-Year Trading Profit TargetCasino reported 1H17 revenues of €18,598 million, up by 9.7% from 1H16 and up by 3.1% on an organic basis, and slightly below the consensus estimate of €18,875 million. Read More
Company Earnings Update | July 28, 2017 Register for Free Access Amazon (AMZN) 2Q17 Results: Strong Revenues, but 2Q and Guidance for 3Q Operating Income Below ConsensusAmazon reported 2Q17 EPS of $0.40, compared with $1.78 in the year-ago quarter and missing the $1.41 consensus estimate. Net sales were $38.0 billion, up 24.8% year over year and beating the $37.2 billion consensus estimate. Read More
Company Earnings Update | July 28, 2017 Register for Free Access DIA (BME: DIA) 1H17 Results: Strong Performance in Emerging Markets Lifts SalesDIA reported 1H17 sales of €4,288 million, below the consensus estimate of €4,316.9 million, up by 3.4% as reported, and by 1.0% excluding currency effects. Read More
Company Earnings Update | July 28, 2017 Register for Free Access Carter’s (CRI) 2Q17 Results: Beats Estimates, Driven by Retail and International BusinessesCarter’s reported 2Q17 revenue of $692.1 million, up 8.2% year over year, beating the consensus estimate of $681.1 million. Read More
Company Earnings Update | July 27, 2017 Register for Free Access Whole Foods Market (WFM) Fiscal 3Q17 Results: Same-Store Sales Declines Persist Ahead of Pending Takeover by AmazonWhole Foods Market reported fiscal 3Q17 adjusted EPS of $0.36, ahead of the $0.33 consensus estimate but down 2.7% year over year. Total revenues were $3.73 billion, in line with the consensus estimate and up 0.6% from the year-ago quarter. Read More
Deep Dive | July 26, 2017 Premium Wellness as a Luxury, Part 3—Eating WellThis is the third in our Wellness as a Luxury series of reports, where we examine wellness as the new status symbol: this “wellthness” is fast replacing more traditional signifiers of affluence as a luxury to be enjoyed and flaunted. Read More
Insight Report | July 25, 2017 Premium Startup Xenoma Announces Camera-Free, Gesture-Tracking, E-Skin Smart ApparelSmart apparel company Xenoma is planning to launch a preconsumer version of its e-skin,sensor-embedded smart shirt on Kickstarter in Augustat a price of $479. Read More
Company Earnings Update | July 25, 2017 Register for Free Access VF Corporation (VFC) 2Q17 Results: Beats Consensus Estimates and Raises GuidanceVF Corporation reported 2Q17 EPS of $0.29, above the $0.28 consensus estimate. Revenues were $2.36 billion, up 1.7% year over year and above the $2.29 billion consensus estimate. Sales increased by 3% on a constant-currency basis in the quarter. Read More
Deep Dive | July 24, 2017 Premium Deep Dive: From Digital to Physical—The Return to Nondigital ToysDespite the rapid rise of digital technologies, we are observing a return to physical non-electronic children’s toys in the US and the UK. We note toy categories that exemplify this trend: fidget spinners, tabletop board games and puzzles, Play-Doh, Lego as well as collectibles such as dolls and figurines. Read More
