January 11, 2019 Company Earnings Update Register for Free Access B&M (LSE: BME) 3Q19 Trading Update: UK Growth Is Hit by a Tough NovemberB&M U.K reported a 1.6% decline in comparable sales, below the 0.9% growth in first half and missing the Street Account consensus of a 0.2% decline. After what the company called a “difficult November,” December B&M U.K. comps strengthened to 1.2%, while U.K. same-store cash gross margin was down in November but bounced back in December. Group sales grew 12.1% year over year to £1.09 billion, slightly above the consensus of £1.08 billion, while total U.K. sales grew 4.5% year over year to £874.5 million. B&M’s Jawoll chain in Germany grew revenues 5.5% at constant currency, while its Heron Foods chain in the U.K. grew revenues 12.6%.
January 10, 2019 Company Earnings Update Register for Free Access Sainsbury’s (LSE: SBRY) 3Q19 Trading Update: Lower Holiday Promotions Weigh on Top LineDespite the declines, CEO Mike Coupe believes grocery was “solid,” general merchandise outperformed the market and that clothing “performed well” in the quarter. General merchandise sales grew “strongly” over the “key Christmas weeks” (unspecified) and outperformed the market over the quarter — but sales declined in the quarter due to cautious spending by consumers and the company’s decision to reduce promotional activity around Black Friday.
January 9, 2019 Company Earnings Update Register for Free Access Morrisons (LSE: MRW) Holiday Trading Update: Wholesale Drives Growth; Retail Sales Impacted by Uncertainty£700 million of annualized wholesale supply sales expected ahead of initial end-2018 guidance. £1billion of annualized wholesale sales expected “in due course.” Further £4 million of incremental profit from wholesale, services, interest and online. In the second half, management expects lower costs of both Morrisons.com expansion and accelerated wholesale supply. Net debt will remain at a low level, consistent with the company’s capital discipline and the principles of capital allocation.
January 9, 2019 Event Presentation Premium Understanding the Asian Retail Market (CES)This presentation describes Coresight’s CORE framework for AI in retail plus eight things we can learn from China.
January 8, 2019 Market Navigators/Market Outlook Premium Sector Overview: European Retail — Germany’s Shoppers Cut BackApparently alarmed by world events such as Brexit and tariff wars, and in a context of slowly climbing inflation, German consumers have retrenched their discretionary spending.
January 1, 2019 Company Earnings Update Register for Free Access Next (LSE:NXT) Holiday 2018 Trading Update: Very Weak In-Store Sales; Online Sales Continue to Grow StronglyBritish fashion retailer Next reported an increase of 1.5% in total full-price sales for the holiday period from October 28 to December 29, beating the consensus estimate of 0.4%.
December 14, 2018 Flash Report Register for Free Access Under Armour Analyst Day: Company Introduces 2023 Strategic PlanFollowing two years of transformation, Under Armour has built its new five-year plan around two strategic priorities: protect and perform.
December 13, 2018 Event Presentation Premium 2018 Holiday Homestretch (Planalytics)US 2018 Holiday Homestretch:- Favorable Macro Backdrop Continues 2. Estimate 3%–4% Holiday Sales Growth 3. Early Results Bode Well for Holiday Spending 4. Sales Up, Store Traffic Down & much More
December 13, 2018 Flash Report Register for Free Access Water, Sustainability and Virgil Abloh; A New Hire at EvianVirgil Abloh, Founder of fashion brand Off-White and Creative Director of Louis Vuitton’s men’s line is joining mineral water company Evian (owned by Danone), as Creative Adviser for Sustainable Innovation Design.
December 10, 2018 Flash Report Register for Free Access Walmart Spruces Up Its Portfolio with the Acquisition of Art.comOn Thursday, December 6, Walmart published a blog post announcing it had acquired the assets of Art.com (including its catalog, intellectual property, trade name, and US operations) for an undisclosed figure.
December 7, 2018 Company Earnings Update Register for Free Access Five Below (FIVE) 3Q18 Results: Beats Consensus Estimates and Raises GuidanceFive Below reported 3Q18 EPS of $0.24 (including a $0.02 accounting benefit), up 35.3% year over year and beating the $0.19 consensus estimate. Revenues were $312.8 million, up 23.7% year over year and beating the $304.1 million consensus.
December 7, 2018 Company Earnings Update Register for Free Access The Kroger Co (KR) 3Q18 Results: Mixed Results, Maintains Guidance for Second HalfKroger reported 3Q18 adjusted EPS of $0.48, beating the $0.43 consensus estimate and up 8.6% year over year. Revenues were $27.67 billion, slightly ahead of the $27.65 billion consensus estimate and down 0.3% year over year.
December 6, 2018 Company Earnings Update Register for Free Access Hudson’s Bay Company (HBC) 3Q18 Results: Revenues Up; Completed Real Estate Deal and European TransactionHBC reported fiscal 3Q18 revenues of C$2.2 billion, up 5.6% from the year-ago quarter of C$2.1 billion.
November 29, 2018 Insight Report Premium Kroger: A Timeline of Key Events – November 2018This is the third report in our Retailers’ Timelines series. In this report, we examine a timeline of key events in Kroger’s recent history that have shaped it into the retailer it is today.
November 29, 2018 Insight Report Premium Ahold Delhaize: A Timeline of Key EventsThis is the fourth report in our Retailers’ Timelines series. In this report, we chronicle key events in Ahold Delhaize’s recent history.
