Flash Report | May 31, 2018 Register for Free Access LVMH Continues Digital Push, Invests in Fashion Search Platform LystLVMH has led an investment in global fashion search platform Lyst. Read More
Company Earnings Update | May 31, 2018 Register for Free Access Michael Kors (KORS) 4Q18 and FY18 Results: Double-Digit Growth in Revenues and Expense Cuts Yield Recovery in ProfitsIn 4Q18, Michael Kors reported a 10.8% jump in revenues, a 14.5% uplift in gross profit and a 6.0% decline in operating expenses. Read More
Insight Report | May 30, 2018 Premium April 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Metrics for April include: Read More
Company Earnings Update | May 30, 2018 Register for Free Access Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate. Read More
Company Earnings Update | May 30, 2018 Register for Free Access Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate. Read More
Deep Dive | May 29, 2018 Premium Artificial Intelligence in Retail, Part 1: Applications Across Customer-Facing FunctionsThis report is the first in a short series looking at the application of artificial intelligence (AI) in retail. Here, we explore AI applications across the customer-facing functions of retail. Our proprietary CORE (communication, optimization of pricing, rationalization of inventory and experiential retail) framework demonstrates the applicability of AI in customer-facing functions. The technology can be used for: Read More
Insight Report | May 28, 2018 Premium April 2018 UK Retail Sales: Very Weak Month Due to Earlier EasterApril was an exceptionally weak month for year-over-year retail sales growth. Value sales were up just 0.8% year over year and volumes were down 1.2%. An early Easter hit April sales: Easter Sunday fell on April 1 this year versus April 16 last year, and this pulled some Easter-related spending forward into March. Read More
Analyst Corner | May 25, 2018 Register for Free Access Weinswig’s Weekly May 25, 2018This week’s note “From the Desk of Deborah Weinswig” discusses recent acquisitions by US retailers in an effort to establish a global presence. Read More
Store Tracker | May 25, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 21: Sears to Close 40 More StoresYear-to-date 2018, the number of US store closure announcements stands at 3,992 and the number of store openings is 1,789. Year to date in the UK, there have been 420 store closure announcements and 524 store opening announcements. Read More
Flash Report | May 25, 2018 Register for Free Access Macy’s Appoints Paula Price as CFOOn May 23, Macy’s announced the appointment of Paula A. Price as Chief Financial Officer, effective July 9. Read More
Company Earnings Update | May 24, 2018 Register for Free Access Target Corp. (TGT) 1Q18 Results: Misses EPS Guidance, Beats on Comps, Reiterates GuidanceTarget reported 1Q18 adjusted EPS of $1.32, below the consensus estimate of $1.39. Revenues were $16.78 billion, up by 3.4% year over year, and roughly in line with the consensus estimate of $16.58 billion. Read More
Company Earnings Update | May 24, 2018 Register for Free Access Marks & Spencer (LSE: MKS) FY18 Results: Exceptional Costs Hit Profits; Only on “Mile Three or Four of a Marathon”Marks & Spencer (M&S) reported a 38% fall in operating profit and a 62% slump in pretax profit in FY18. The declines were largely due to costs related to store closures. Read More
Company Earnings Update | May 24, 2018 Register for Free Access LOWE’S (LOW) 1Q18 Results: Misses Consensus but Raises Annual Revenue Growth GuidanceLowe’s reported 1Q18 adjusted EPS of $1.19, up by 15.5% year over year, but missing the consensus estimate by two cents. Net sales were $17.36 billion, up by 3.0% year over year, but below the $17.46 billion consensus estimate. Read More
Event Coverage | May 23, 2018 Register for Free Access What We’re Hearing at ICSC RECon 2018: 10 Takeaways on Retail Real EstateThe Coresight Research team is attending the ICSC RECon convention, which is taking place in Las Vegas May 20–23. Here, we feature some takeaways from our conversations with the retail real estate executives in attendance. Read More
Company Earnings Update | May 23, 2018 Register for Free Access Urban Outfitters (URBN) Fiscal 1Q19 Results: Beats on EPS, Revenue and CompsUrban Outfitters reported fiscal 1Q19 EPS of $0.38, up from $0.10 in the year-ago quarter and above the $0.31 consensus estimate. Total revenues were $855.7 million, up 12.4% year over year and above the $838.4 million consensus estimate. Read More
