Flash Report | June 19, 2017 Register for Free Access Walmart to Acquire Bonobos for $310 Million in CashWalmart announced the signing of an agreement to acquire Bonobos, Inc., a leading apparel brand built on the Internet, for $310 million in cash. Read More
Company Earnings Update | June 16, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Weak Sales in MayH&M reported total sales rose by 4% year over year in local currencies in May 2017. This compares to year-over-year sales growth of 7% in April. Read More
Company Earnings Update | June 16, 2017 Register for Free Access Kroger (KR) 1Q17 Results: In-Line EPS; Company Lowers Guidance Due to Higher Inflation ExpectationsKroger reported 1Q17 adjusted EPS of $0.58, in line with the consensus estimate. Revenues were $36.3 billion, up 4.9% year over year and slightly above the $35.6 billion consensus estimate. Read More
Company Earnings Update | June 15, 2017 Register for Free Access Inditex (BME: ITX) 1Q17 Results: Continued Sales and Margin StrengthInditex reported 1Q17 revenues of €5.6 billion, an increase of 14.1% year over year and above analyst estimates. Constant currency sales increased 12.5% year over year in 1Q17, which ended April 30. Read More
Company Earnings Update | June 9, 2017 Register for Free Access Takeaways from Walmart’s 47th Annual Shareholders’ MeetingThe Fung Global Retail & Technology team attended Walmart’s 47th Annual Shareholders’ Meeting, held in Fayetteville, Arkansas. Below are takeaways from the meeting: Read More
Company Earnings Update | June 9, 2017 Register for Free Access Hudson’s Bay Company (HBC) 1Q17 Results: Misses Guidance, Implementing Transformation PlanHudson’s Bay reported fiscal 1Q17 EPS of C$(1.21), down from C$(0.58) in the year-ago quarter and below the C$(0.75) consensus estimate. Revenues were C$3.20 billion, down 3.0% year over year and slightly below the C$3.26 billion consensus estimate. Read More
Insight Report | June 9, 2017 Premium Walmart Taps Store Employees to Test Last-Mile Delivery InitiativeWalmart’s latest initiative in its ongoing competition with Amazon is to test a new delivery program that sends store employees to deliver online orders to customers’ homes at the end of their shifts. Read More
Flash Report | June 9, 2017 Register for Free Access Nordstrom Announces Exploration of “Going Private” TransactionNordstrom announced today that members of the Nordstrom family and Anne Gittinger have formed a group to explore the possibility of pursuing a “going private” transaction that would acquire 100% of the outstanding shares of the company. Read More
Company Earnings Update | June 8, 2017 Register for Free Access Boohoo Group (LSE: BOO) 1Q18 Update: Revenues Double, Comps Up 78%, Top-Line Guidance RaisedBoohoo.com grew 1Q18 revenues by 106%, or 98% at constant exchange rates, helped by the acquisition of PrettyLittleThing and the Nasty Gal brand. Read More
Company Earnings Update | June 2, 2017 Register for Free Access Five Below (FIVE) 1Q17 Results: Strong Sales and EPS PerformanceFive Below reported 1Q17 EPS of $0.15, up 25% from the year-ago quarter and slightly above the $0.14 consensus estimate. Total revenues were $232.9 million versus expectations of $230.6 million and were up 20.8% year over year. Read More
Company Earnings Update | June 2, 2017 Register for Free Access Dollar General (DG) 1Q17 Results: Beats on EPS and Sales, Lifts OutlookDollar General reported 3Q17 EPS of $0.93, including a nickel of hurricane-related negative impact, missing the consensus estimate by a penny. Revenues were $5.90 billion, up 11.0% year over year and beating the $5.80 billion consensus estimate. Total revenues were $5.61 billion versus expectations of $5.58 billion, and were up 6.5% year over year. Read More
Company Earnings Update | May 26, 2017 Register for Free Access Costco Wholesale (COST) Fiscal 3Q17 Results: Beats on Top and Bottom LinesCostco reported fiscal 3Q17 adjusted EPS of $1.40, up 13.3% from $1.24 in the year-ago quarter and beating the $1.31 consensus estimate. Revenues were $28.9 billion, up 7.8% year over year and beating the $28.6 billion consensus estimate. Read More
Company Earnings Update | May 26, 2017 Register for Free Access Ulta (ULTA) 1Q17 Results: Beats Expectations, Raises GuidanceUlta reported 1Q17 adjusted EPS of $1.91, up 31.7% from the year-ago quarter and above the $1.80 consensus estimate. The company reported total revenue of $1.31 billion, above the $1.27 billion consensus estimate and up 22.5% from the year-ago quarter. Read More
Company Earnings Update | May 25, 2017 Register for Free Access PVH (PVH) 1Q17 Results: Beats Consensus and Raises EPS GuidancePVH Corp. reported 1Q17 adjusted EPS of $1.65, ahead of the $1.60 consensus estimate and up 9.9% year over year. Revenues were $2.0 billion, up 3.7% year over year and slightly ahead of the $1.96 billion consensus estimate. Read More
Company Earnings Update | May 25, 2017 Register for Free Access Lowe’s (LOW) 1Q17 Results: Miss on EPS and Sales Yet Growth ContinuesLowe’s reported 1Q17 adjusted EPS of $1.03, up 18.4% from the year-ago quarter, but below the $1.06 consensus estimate. The company reported revenue of $16.86 billion, below the $16.95 billion consensus estimate, but up 10.7% from the year-ago quarter. Read More
