Company Earnings Update | August 30, 2019 Register for Free Access PVH (NYSE: PVH) 2Q19 Results: Beats Consensus Sales and Earnings Estimates but Reduces FY19 Outlook on Volatile Macro Environment2Q19 revenues increased modestly to $2.36 billion versus the $2.33 billion consensus, as currency exchange rates clipped about 200 basis points (bps) from revenue growth, worth some $5 million and $0.06 per share. Adjusted 2Q19 EPS declined 3.8% to $2.10 versus $2.18 in the year-ago quarter and the $1.88 consensus estimate. Read More
Company Earnings Update | August 30, 2019 Register for Free Access Ollie’s Bargain Outlet (NASDAQ: OLLI) 2Q19 Results: Revenues and Comps Fall Short of Consensus; Guidance LoweredOllie’s reported 2Q19 revenues of $333.9 million, up 15.9% but missing the $339.8 million consensus estimate. Adjusted EPS was $0.35, down 10.5% and missing the consensus estimate by 11 cents. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Macy’s (NYSE: M) 2Q19 Results: Revenues Down, Lowers EPS Guidance, Launches Pilot with ThredUpMacy’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. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Tencent (HKEX: 0700) 2Q19 Results: Mixed Results, Growth in FinTech and Business Services in Challenging Ad EnvironmentTencent reported 2Q19 revenue and EPS that beat consensus estimates, continuing to post strong growth in the FinTech and Business Services segment, in a challenging ad environment. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Canada Goose (NYSE: GOOS) 1Q20 Results: Revenue and EPS Beat Estimates, Reiterates Guidance for FY2020Canada 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. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Cisco (NASDAQ: CSCO) 4Q19 Results: Beats/In Line with Consensus, Security Driving GrowthCisco 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. Read More
Insight Report | August 12, 2019 Premium Three Months to Singles’ Day: Strategies to Drive Traffic for 11.11In this report, we continue our countdown to 2019’s Singles’ Day to help merchants prepare for and make the most of the huge opportunity, looking at traffic promotion mechanisms on Tmall and Taobao platforms. Read More
Deep Dive | August 9, 2019 Premium E-Commerce Opportunities in Southeast Asia: Market Entry 101In this report, we outline the scale and potential of retail and e-commerce in Southeast Asia. We discuss the opportunities in e-commerce platforms that brands can leverage, and the strategies brands can adopt to enter the e-commerce market in Southeast Asia. Read More
Insight Report | August 8, 2019 Premium US Back-to-School 2019: Digital TrendsThis is the second report in our US Back-to-School series for 2019. Here, we assess the digital trends that we expect to see this shopping season. Read More
Insight Report | August 6, 2019 Premium US-China Trade Issues: US Applies Tariffs to All Imports from ChinaFast retail is Coresight Research’s term for a new approach to retail featuring shorter leases, more shared spaces and more short-term stores. In this report, we profile the prevailing major fast retail formats in the US, ranging from pop-ups to marketplaces. Read More
Company Earnings Update | August 2, 2019 Register for Free Access The Macerich Company (NYSE: MAC) 2Q19 Results: Revenue Misses, Revises GuidanceMacerich reported 2Q19 revenues of $228.0 million, down 2.8% year over year and missing the $229.4 million consensus estimate. Adjusted FFOPS were $0.88, beating the consensus estimate of $0.86. Read More
Company Earnings Update | August 2, 2019 Register for Free Access Unibail-Rodamco-Westfield (AMS: URW) 1H19 Results: Solid Performance Despite Challenging Retail EnvironmentUnibail-Rodamco-Westfield (URW) reported 1H19 net rental income (NRI) of €1.25 billion, up 35.9% year over year. Adjusted recurring earnings per stapled share (AREPS) were €6.45, down 1.9%. EPRA net asset value (NAV) per stapled share was €216.10, down 2.6%. Read More
Store Tracker | August 2, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 31: Tractor Supply Company Opens More StoresIn 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. Read More
Company Earnings Update | August 2, 2019 Register for Free Access Hanesbrands (NYSE: HBI) 2Q19 Results: Champion Drives Double-Digit Activewear Sales GrowthHanesbrands reported 2.7% 2Q19 revenue growth of 5% on a constant currency basis, driven by US Activewear and Champion sales. Read More
Insight Report | August 1, 2019 Premium Fashion Trend Monthly Data Report – July 2019The Fashion Trend Monthly Data Report report accompanies the Xcel Brands x Coresight Research Monthly Fashion Trend Report. Read More
