Company Earnings Update | June 12, 2019 Register for Free Access VF Corporation (NYSE: VFC) 4Q19 Results: Spins Off Kontoor Brands, Adjusts OutlookVF Corp. total revenues were $3.21 billion, up 5.5% year over year (9% at constant currency), in line with the consensus estimate. Adjusted EPS declined 10.4% to $0.60, beating the $0.58 consensus estimate. Read More
Event Coverage | June 12, 2019 Register for Free Access ICSC RECon 2019: Five Ways to Reinvent Brick-and-Mortar RetailThe Coresight Research team attended and participated in the International Council of Shopping Centers (ICSC) 2019 RECon event, in Las Vegas, May 19-22. Read More
Insight Report | June 11, 2019 Premium Insights from China: Aldi Opens First Stores in ChinaOn June 7, Aldi opened its first stores in China with two locations in Shanghai. China’s grocery market is growing, though global grocery retailers who have tried to tap this market have met with mixed success. Read More
Store Tracker | June 7, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 23: Abercrombie & Fitch to Shut Flagship StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. Read More
Company Earnings Update | June 7, 2019 Register for Free Access Five Below (NASDAQ: FIVE) 1Q19 Results: Revenues Beat Consensus While Comps Falls ShortFive Below reported 1Q19 revenues of $364.8 million, up 23.1% year over year and beating the $364.2 million consensus estimate. Read More
Market Outlook | June 6, 2019 Premium Sector Overview: US Home and Home Improvement RetailersUS consumer confidence appears to have peaked and spending preferences are still directed at home improvement, but the growth rate of spending on home improvement is expected to slow. Read More
Deep Dive | June 3, 2019 Premium Millennials and BeautyMillennials, born between 1980 and 2000, are particularly important for the beauty market due to the sizeable consumer base they represent and their growing spending power. Read More
Event Coverage | May 31, 2019 Register for Free Access World Retail Congress 2019 Wrap-UpLuxury in 2019 is capturing young consumers with beauty, wellness and exclusivity in the form of “drops,” creating a sense of exclusivity while remaining inclusive. Read More
Company Earnings Update | May 31, 2019 Register for Free Access Capri Holdings (NYSE: CPRI) 4Q19 Results: Strong Revenue Growth Driven by Versace and Jimmy ChooRevenues in the 4th quarter increased 13.6% to $1.34 billion on a reported basis, driven by strong sales in Versace (acquired on Dec 31, 2018) and Jimmy Choo, and above the $1.33 billion estimate. Read More
Store Tracker | May 31, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 22: Cato Announces ClosuresIn 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 | May 30, 2019 Register for Free Access Ross Stores (NasdaqGS: ROST) 1Q19 Results: Beats Consensus, Men’s Category Performs Well While Ladies Apparel UnderperformsRoss Stores 1Q19 revenues were $3.79B even with the consensus estimate and up 5.8% YoY. The company reported 1Q19 adjusted EPS of $1.15, higher than the consensus estimate of $1.12. Read More
Company Earnings Update | May 30, 2019 Register for Free Access The TJX Companies (NYSE: TJX) 1Q20 Results: Company Beats Expectations and Raises Full-Year GuidanceTJX Cos. reported fiscal 1Q20 revenues of $9.28B, up 6.8% YoY and beating the consensus estimate of $9.22B. The company’s EPS grew 1.8% YoY to $0.57, exceeding the high end of its guidance of $0.53-0.54. Read More
Company Earnings Update | May 30, 2019 Register for Free Access Nordstrom (NYSE: JWN) 1Q19 Results: Company Misses Expectations and Lowers GuidanceNordstrom reported 1Q19 revenues of $3.3B, down 3.5% YoY and below the consensus estimate of $3.5B. The company’s EPS declined 55% year over year to $0.23, missing the consensus estimate of $0.43. Read More
Company Earnings Update | May 29, 2019 Register for Free Access Foot Locker (NYSE: FL) 1Q19 Results: Misses Consensus Estimates, Lowers GuidanceFoot Locker 1Q19 revenues were $2.08B, up 2.6% YoY, below the consensus estimate of $2.12B. The company reported 1Q19 adjusted EPS of $1.53, down 5% from the year ago period. Read More
Insight Report | May 25, 2019 Premium Who Shops Where for Apparel: US Shopper DemographicsOur Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of apparel shoppers. Read More
