March 10, 2017 Company Earnings Update Register for Free Access Morrisons (LSE: MRW) FY17 Results: Ongoing Improvement in Sales and Profitability TrendsThe UK’s fourth-largest grocery retailer, Morrisons, reported FY17 revenues were up 1.2% year over year and that comparable store saleswere up 1.7%. Comps rose by 2.5% in 4Q17, representing a sequential quarterly improvement. This was the fifth consecutive quarter of positive underlying growth and marked the first fiscal year of positive comps since FY12.
March 10, 2017 Company Earnings Update Register for Free Access Ulta (ULTA) 4Q16 Results: Tops EPS and Revenue Estimates with Double-Digit Revenue GrowthUlta reported 4Q16 EPS of $2.24, up 32.5% from the year-ago quarter and above the $2.14 consensus estimate. Revenues rose 24.6% from the year-ago quarter to $1.58 billion, also beating the consensus estimate of $1.54 billion.
March 9, 2017 Company Earnings Update Register for Free Access Adidas (ETR: ADS) FY16 Results: Standout Sales and Margin PerformanceIn FY16, Adidas reported revenue growth of 14.0% year over year to €19,291 million, slightly below the consensus estimate of €19,307 million. Constant-currency FY16 sales increased 18% year over year.
March 8, 2017 Company Earnings Update Register for Free Access Groupe Casino (EPA: CO) FY16 Results: LatAm Business Drives Sales GrowthGroupe Casino reported FY16 revenues of €36,030 million, up by 2.0% from the previous year and up by 5.7% on an organic basis.
March 7, 2017 Event Presentation Premium US Retail RevolutionGlobal Retail Trends 1. Democratization of Luxury 2. Amazon’s Impact on Apparel 3. Home and Big-Ticket Purchases Increasing 4. Beauty Spending Driven by the Selfie Culture 5. Brands Developing an Emotional Connection & More….
March 3, 2017 Company Earnings Update Register for Free Access Costco Wholesale (COST) Fiscal 2Q17 Results: Misses on EPS, Raises Membership FeesCostco reported fiscal 2Q17 EPS of $1.17, versus $1.24 in the year-ago quarter and missing the $1.36 consensus estimate. Revenues were $29.8 billion, down 5.7% year over year and roughly in line with the consensus estimate.
March 2, 2017 Company Earnings Update Register for Free Access Target (TGT) 4Q16 Results and Financial Community Meeting: Company Resets the Bar and Lowers Guidance for 2017Target held its annual Financial Community Meeting on February 28 in New York City.The company is making some major changes in an effort to compete in what CEO Brian Cornell called a “new era of retailing.”
March 2, 2017 Company Earnings Update Register for Free Access Zalando (XTRA: ZAL) FY16 Results: Stellar Sales and EBIT Margin PerformanceZalando reported FY16 revenue growth of 23.0% year over year to €3,639.0 million, slightly below the consensus estimate of €3,649.5 million.
March 2, 2017 Company Earnings Update Register for Free Access Luxottica (BIT: LUX) FY16 Results: Operating Profits Decline, But EPS Beats ExpectationsItalian eyewear manufacturer Luxottica reported FY16 adjusted EPS of €1.84, up 3.4% year over year and ahead of the consensus estimate of €1.80.
March 2, 2017 Company Earnings Update Register for Free Access American Eagle Outfitters (AEO) 4Q16 Results: Beats by a Penny, Guides Down for 1Q17American Eagle Outfitters reported adjusted 4Q16 EPS of $0.39, versus $0.35 in the year-ago quarter and beating the consensus estimate by a penny. Revenues were $1.10 billion, down 0.8% year over year and slightly below the consensus estimate.
March 2, 2017 Company Earnings Update Register for Free Access Ahold Delhaize (ENXTAM: AD) 4Q and FY16 Results: Dutch Business Boosts Sales, Merger Synergies On-TargetAhold Delhaize reported FY16 revenues of €49,695 million, up by 29.6% from FY15 at constant exchange rates (up 30.1% in reported currency).
March 2, 2017 Company Earnings Update Register for Free Access Lowe’s (LOW) 4Q16 Results: Tops EPS and Revenue Expectations; Issues Strong 2017 Guidance amid Robust Housing MarketLowe’s reported 4Q16 adjusted EPS of $0.86, up 45.8% from the year-ago quarter and beating the consensus estimate of $0.79. The company reported revenue of $15.78 billion, up 19.2% from the year-ago quarter and above the $15.37 billion consensus estimate.
March 1, 2017 Insight Report Premium Who Is Buying Beauty Products on Amazon?In this brief report, we review data from our recent US consumer survey to explore who is buying beauty and personal care products on Amazon.
February 28, 2017 Company Earnings Update Register for Free Access Primark (LSE: ABF) 1H17 Trading Update: Flat Total Comparable Store Sales; up 2% in the UKPrimark’s owner Associated British Foods (ABF), provided a preliminary trading update for 1H17sales results for the six months ending March 4, 2017. We focus only on Primark, ABF’s retail division, in this flash report.
February 27, 2017 Company Earnings Update Register for Free Access JCPenney (JCP) 4Q16 Results: Better than Expectations; Major Store Restructuring PlansJCPenney reported 4Q16 adjusted EPS of $0.64, beating the consensus estimate of $0.61. Reported 4Q16 revenues of $4.0 billion were down 0.9% from the year-ago period. Total comps were down 0.7% versus the consensus estimate of a 0.5% decline.