August 17, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 33: Casper Sleep to Open 200 Stores in the Next Three YearsYear-to-date 2018, the number of US store closure announcements stands at 4,379 and the number of store openings is 2,367. Year to date in the UK, there have been 1,196 store closure announcements and 657 store opening announcements.
August 17, 2018 Company Earnings Update Register for Free Access Walmart (WMT) Fiscal 2Q19 Results: Beats on Revenues, Comps and EPS; Raises GuidanceWalmart reported fiscal 2Q19 adjusted EPS of $1.29, up 19.4% from $1.08 in the year-ago quarter and beating the $1.22 consensus estimate. Total revenues were $128.0 billion, up 3.8% year over year and ahead of the consensus estimate of $126.0 billion.
August 17, 2018 Event Coverage Register for Free Access The Fanny Pack Is Back and Other Top Takeaways from MAGIC Las Vegas 2018This week, the Coresight Research team is attending MAGIC Las Vegas 2018, one of the most comprehensive trade shows covering men’s, women’s and children’s apparel, accessories and footwear. Here are our key takeaways from the second day of the event:
August 17, 2018 Company Earnings Update Register for Free Access Nordstrom (JWN) Fiscal 2Q18 Results: Company Beats Expectations and Raises GuidanceNordstrom reported fiscal 2Q18 revenues of $4.07 billion, up 7.2% year over year and above the consensus estimate of $3.90 billion. Diluted EPS was $0.95, up 46.2%% from the year-ago quarter and above the consensus estimate of $0.84.
August 17, 2018 Company Earnings Update Register for Free Access Macy’s (M) 2Q18 Results: Beats on Revenues, EPS and Comps, Raises GuidanceMacy’s reported 2Q18 adjusted EPS of $0.70, beating the $0.51 consensus estimate. Revenues were $5.57 billion, down 1.1% year over year but beating the consensus estimate of $5.55 billion.
August 17, 2018 Company Earnings Update Register for Free Access JCPenney (JCP) 2Q18 Results: Earnings Miss, Net Sales Negatively Impacted by Store Closures; Company Lowers GuidanceJCPenney reported 2Q18 net sales of $2.76 billion, down 7.5% year over year and below the $2.81 billion consensus estimate. Adjusted EPS was $(0.32), down from $(0.15) from the year-ago quarter and below the $(0.05) consensus estimate.
August 16, 2018 Event Coverage Register for Free Access “Purchase-Now, Manufacture Now” and Other Top Takeaways from MAGIC Las Vegas 2018This week, the Coresight Research team is attending MAGIC Las Vegas 2018, one of the most comprehensive trade shows covering men’s, women’s and children’s apparel, accessories and footwear. Here are our key takeaways from the first day of the event:
August 16, 2018 Company Earnings Update Register for Free Access Home Depot (HD) 2Q18 Results: Beats on EPS and Same-Store Sales, Raises Full-Year OutlookHome Depot reported 2Q18 EPS of $3.05, up from $2.25 in the year-ago quarter and ahead of the $2.84 consensus estimate. Total revenues were $30.46 billion, up 8.4% year over year and ahead of the $30.03 billion consensus estimate.
August 15, 2018 Insight Report Premium US Back-to-School 2018: A Review of Fashion Trends and Apparel SpendingThis is the third and final report in our US Back-to-School series for 2018. Here, we review fashion trends and apparel spending expectations that will shape demand for clothing and footwear this back-to-school season.
August 14, 2018 Insight Report Premium July 2018 US Same-Store SalesCostco’s same-store sales grew higher in July this year compared to the growth reported in the same month last year. Buckle and Cato brands’ comp growth turned positive compared to declines posted in July 2017. L Brands’ comps were flat.
August 10, 2018 Company Earnings Update Register for Free Access Adidas (ETR: ADS) 2Q18 Results: Beats Expectations with Further Double-Digit Revenue Growth and Solid Gross-Margin GainsAdidas grew 2Q18 revenues by 10% year over year at constant currency, with revenues, EBIT and net profit all coming in ahead of consensus.
August 9, 2018 Event Presentation Premium 2Q2018 Recap and Back-to-School Outlook (Planalytics)2Q18- Retail Update 1. US Retail Sales Accelerate 2. Store Traffic Continues to Decline 3. June Same Store Sales Solid 4. Retailer Revenues: Strong Overall Growth
August 9, 2018 Company Earnings Update Register for Free Access Michael Kors (KORS) Fiscal 1Q19 Results: Company Beats Expectations and Raises GuidanceMichael Kors reported fiscal 1Q19 revenues of $1.20 billion, up 26.3% year over year and above the consensus estimate of $1.14 billion. Diluted EPS was $1.22, up 52.5% from the year-ago quarter and above the consensus estimate of $0.94.
August 8, 2018 Company Earnings Update Register for Free Access Zalando (XTRA: ZAL) 2Q18 Results: Slowing Growth and Rising Costs Prompt Lower Full-Year GuidanceIn 2Q18, Zalando grew revenues by 20.9% year over year, but undershot expectations on revenues and EPS.
August 8, 2018 Event Coverage Register for Free Access “Clean and Green Reigns Supreme” and Our Top Beauty Trends from Cosmoprof North America 2018The Coresight Research team attended Cosmoprof North America 2018 in Las Vegas from July 28 to July 31, where our CEO and Founder, Deborah Weinswig, presented during a panel session called “Rise of Pop-Ups (Pop-Up Push).” Cosmoprof is the leading B2B beauty trade show in North America, drawing over 33,000 attendees and 1,015 exhibitors from 39 countries. Here we share the key beauty trends from the event:
