June 16, 2017 Company Earnings Update 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 $35.6 billion consensus estimate.
June 15, 2017 Company Earnings Update Register for Free Access Inditex (BME: ITX) 1Q17 Results: Continued Sales and Margin StrengthInditex reported 1Q17 revenues of €5.6 billion, an increase of 14.1% year over year and above analyst estimates. Constant currency sales increased 12.5% year over year in 1Q17, which ended April 30.
June 9, 2017 Company Earnings Update Register for Free Access Takeaways from Walmart’s 47th Annual Shareholders’ MeetingThe Fung Global Retail & Technology team attended Walmart’s 47th Annual Shareholders’ Meeting, held in Fayetteville, Arkansas. Below are takeaways from the meeting:
June 9, 2017 Company Earnings Update Register for Free Access Hudson’s Bay Company (HBC) 1Q17 Results: Misses Guidance, Implementing Transformation PlanHudson’s Bay reported fiscal 1Q17 EPS of C$(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.
June 9, 2017 Insight Report 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.
June 9, 2017 Flash Report 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.
June 8, 2017 Company Earnings Update 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.
June 2, 2017 Company Earnings Update 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.
June 2, 2017 Company Earnings Update 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.
May 26, 2017 Company Earnings Update 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.
May 26, 2017 Company Earnings Update 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.
May 25, 2017 Company Earnings Update 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.
May 25, 2017 Company Earnings Update 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.
May 25, 2017 Company Earnings Update Register for Free Access Marks & Spencer (LSE: MKS) FY17 Results: A Disappointing Final Quarter; Exceptional Costs Weigh on ProfitsM&S grew total full-year sales by 2.2% to £10.62 billion, marginally ahead of consensus and despite negative comps in its UK Clothing and Home and UK Food segments.
May 19, 2017 Company Earnings Update Register for Free Access Ralph Lauren (RL) Fiscal 4Q17 Results: EPS Beats Expectations on Reduced MarkdownsRalph Lauren reported fiscal 4Q17 adjusted EPS of $0.89, above the $0.78 consensus estimate and in line with guidance.
