Deep Dive | March 22, 2019 Premium Strong Demand for Value, E-Commerce and Sportswear Sustains Pressure on Europe’s Middleground Apparel RetailersAcross major European economies, floundering midmarket behemoths are finding business more challenging than ever, leaving a number of apparel retailing stalwarts suffering what seems to be “death by a thousand cuts.” Read More
Store Tracker | March 22, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 12: Shopko to Liquidate; In the UK, Office Outlet Enters AdministrationCoresight 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 | March 22, 2019 Register for Free Access Nike (NYSE: NKE) 3Q19 Results: Digital Growth Powers Forward at a 36% Pace, China Digital Grows Over 60%Digital Growth Powers Forward at a 36% Pace; 60%+ in China. Read More
Company Earnings Update | March 22, 2019 Register for Free Access Next (LSE: NXT) FY19 Results: Higher SG&A Cost Weighs on Operating Margin; Sees No Impact from Current Brexit UncertaintyNext reported FY19 total sales of £4,167.4 million, up 1.9% year over year, and in-line with the consensus estimate recorded by StreetAccount. Read More
Company Earnings Update | March 20, 2019 Register for Free Access ASOS (LSE: ASC) 2Q19 Trading Update: Strong UK Demand, US Logistics Hit by Unexpected Jump in Demand, Guidance UnchangedASOS reported 2Q19 group revenues of £658.5 million, up 11.0% year over year on a constant-currency basis. US sales declined due to an unexpected surge in orders causing disruption. Read More
Company Earnings Update | March 20, 2019 Register for Free Access Ocado (LSE: OCDO) 1Q19 Trading Update: Strong Underlying Growth Partially Offset by FireOcado reported 1Q19 retail revenue of £404 million, up 11.2% year over year. The company’s average orders per week grew 11.3% year over year, but the average order size was down 0.2% year over year. Read More
Insight Report | March 19, 2019 Premium February 2019 US Monthly Retail Traffic and In-Store Metrics Report: Traffic Decline EasesUS store-based traffic and sales declined in February, while the conversion rate grew 0.4 percentage points. Average transaction value (ATV) grew 1.8%, slower than the 5.5% growth reported in January. Read More
Question of the Week | March 18, 2019 Free Report Question: What Is the Most-Listed Makeup Brand on Amazon.com?Question of the Week March 18 2019 – What Is the Most-Listed Makeup Brand on Amazon.com? Read More
Company Earnings Update | March 18, 2019 Register for Free Access H&M (OMX: HM-B) 1Q19 Update: Sales Beat; Focus Now on DigitalH&M reported 1Q19 net sales of SEK 51.02 billion, up 10.0% year over year, a slightly slower pace compared the 12% growth recorded in 4Q18, but marginally ahead of the consensus estimate of SEK 50.0 billion recorded by StreetAccount. Read More
Company Earnings Update | March 18, 2019 Register for Free Access Prada (SEHK: 1913) 2018 Results: Positive Sales Trends Across All Regions and CategoriesPrada is in the midst of a multiyear strategic transformation that should result in increased brand relevancy. Read More
Company Earnings Update | March 15, 2019 Register for Free Access Dollar General (NYSE: DG) 4Q18 Results: Beats on Comps, Light 2019 Earnings Guidance, Expects to Open 975 Stores in 2019Dollar General reported 4Q18 results that beat on comps but missed on EPS. The company offered light EPS guidance in 2019 due to various investments and plans to open 975 stores. Read More
Company Earnings Update | March 15, 2019 Register for Free Access Dufry (SIX: DUFN) FY18 Results: Solid Year Despite Second-Half Headwinds, Company Expects Strengthening of Revenue GrowthDufry reported 2018 revenues slightly ahead of expectations, with organic growth of 2.7% versus consensus of 2.4%. Gross profit climbed 4.4% resulting in a 40-bps gain in the gross margin. Read More
Company Earnings Update | March 15, 2019 Register for Free Access CASINO (ENXTPA: CO) FY18 Results: Sales In Line with Consensus, Company Aims for Strong Profit GrowthCasino Group reported FY18 net sales of €36.6 billion, up 4.7% year over year at constant currency (down 2.4% year over year as reported), and largely in line with the consensus estimate of €36.69 billion recorded by StreetAccount. Read More
Company Earnings Update | March 14, 2019 Register for Free Access Casey’s General Stores (NASDAQ: CASY) 3Q19 Results: Revenue Below Consensus, Prepared Food and Grocery Fuel GrowthCasey’s General Stores reported 3Q19 revenue of $0 billion, slightly below the consensus estimate of $2.2 billion and down 0.3% from 3Q18. Read More
Company Earnings Update | March 14, 2019 Register for Free Access Morrisons (LSE: MRW) FY19 Results: Solid Profit Growth Prompts Optimistic OutlookMorrisons reported FY19 results with both top-line and EPS slightly missing the consensus but otherwise showing strong growth. Read More
