Company Earnings Update | May 2, 2019 Register for Free Access Loblaw (TSX: L) 1Q19 Results: Comp Growth Strengthens in RetailLoblaw reported 1Q19 same-store sales growth of 2.0% in food retail and 2.2% in drug retail, with growth in both segments accelerating from the prior quarter. Revenue of C$10.66 billion came in slightly ahead of the consensus estimate of C$10.60 billion. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Sainsbury’s (LSE: SBRY) FY19 Results: Improvement in Adjusted Profit Metrics but Comparable Sales Continue to DeclineSainsbury’s reported FY19 adjusted profits ahead of expectations, but comparable sales continued to slide in the final quarter. Following the company’s abandonment of a merger with rival Asda, management outlined plans to invest in stores and technology. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Taubman Centers (NYSE: TCO) 1Q19 Results: Beats Consensus Estimates, Updates 2019 Guidance for The Gardens Mall AcquisitionTaubman Centers beat consensus estimates on the top and bottom lines and updated 2019 guidance to reflect The Gardens Mall acquisition. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Simon Property Group (NYSE: SPG) 1Q19 Results: Beats Consensus on Revenues and FFO, Reiterates 2019 GuidanceSimon Property Group’s 1Q19 results beat consensus estimates and the company reiterated its 2019 earnings guidance. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Next (LSE: NXT) 1Q20 Update: Strong First Quarter but Management Cautious on Rest of YearNext reported a strong 1Q20, with full-price product sales up 4.0% year over year. With 0.3% of this contributed by new space, the company saw inferred comparable product sales growth of 3.7%. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Estée Lauder (NYSE: EL) 3Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full YearEstée Lauder reported 3Q19 revenues of $3.7B, up 11.1% yoy and beating the $3.6B estimate. Skin care, the company’s largest category at 46.6% of sales, rose 21%. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Under Armour (NYSE: UAA) 1Q19 Results: Revenue and EPS Beat Consensus Estimates; Company Updates Outlook for FY19Under Armour reported 1Q19 sales of $1.20 billion, ahead of the consensus estimate of $1.18 billion, and EPS of $0.05, beating the consensus estimate of $0.00. Read More
Insight Report | May 2, 2019 Premium Insights from China: Generation Z Buys Now, Pays Later – and Expects Fast Delivery of Online OrdersGen Zers in China are digitally native, rather impatient and open to taking on debt to pay the things they want. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Gildan (NYSE: GIL) 1Q19 Results: Updates Outlook, Announces International Capacity ExpansionUpdates Outlook, Announces International Capacity Expansion Read More
Company Profile | April 30, 2019 Premium Steven Madden, Ltd. (NasdaqGS: SHOO) Company ProfileSteven Madden, Ltd. is a New York-based footwear, accessories and handbags company. Its brands include Steve Madden, Betsey Johnson, Brian Atwood, Big Buddha, Dolce Vita, and others. Read More
Insight Report | April 30, 2019 Premium March 2019 Monthly Consumer Update: US, UK and ChinaIn March, US gasoline-price deflation eased to near-zero, contributing to an uptick in overall consumer price inflation. China retail sales growth picked up pace to 8.7% year over year. Read More
Deep Dive | April 30, 2019 Premium US Drugstores are Turning into Purveyors of Beauty and WellnessIn this report, we explore what two major US drugstore retailers, CVS Health (CVS) and Walgreens Boots Alliance (Walgreens), have done and examine the opportunities for them in the beauty and wellness space. Read More
Analyst Corner | April 26, 2019 Register for Free Access WEINSWIG’S WEEKLY APRIL 26 2019This week’s note “From the Desk of Deborah Weinswig” shows how booming online retail in China could make it easier for foreign brands to enter the market. Read More
Store Tracker | April 26, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 17: Office Depot to Close 50 Stores; In the UK, British Land Sells 12 Sainsbury’s StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. So far this year, US retailers have announced 6,105 store closures and 2,659 store openings. Year to date, UK retailers have announced 322 store closures and 356 store openings. Read More
Company Earnings Update | April 25, 2019 Register for Free Access Unibail-Rodamco-Westfield (AMS: URW) 1Q19 Update: Revenue and Traffic Increases in European Shopping CentersURW reported a 70.2% year over year revenue increase, driven by the acquisition of Westfield Corporation, in addition to higher traffic in Europe. Read More