April 5, 2017 Company Earnings Update Register for Free Access Hudson’s Bay Company (HBC) Fiscal 4Q16 Results: Weak Comps, Merchandising Improvement in ProgressHudson’s Bay Company reported fiscal 4Q16 normalized EPS of C$0.01, versus C$0.79 in the prior-year quarter. Revenue was C$4.6 billion, up 2.5% year over year.
April 5, 2017 Company Earnings Update Register for Free Access ASOS (AIM: ASC) 1H17 Results: Weak Pound, Strong International Sales Drive Growth; Company Raises FY17 Revenue ForecastASOS reported 1H17 revenue growth of 37.5% to £911.5 million. At constant currency, revenue grew by 31%.
April 4, 2017 Company Earnings Update Register for Free Access Next (LON: NXT) 2Q17 Update: FY17 Guidance Narrowed on Improving SalesBritish fashion retailer Next reported £1,888 million in group revenues in 1H17, down 2.7% year over year and above the consensus estimate. Retail store sales declined 8.3% year over year, reflecting significant sales erosion.
March 31, 2017 Company Earnings Update Register for Free Access H&M (STO: HM-B) 1Q17 Results: Below Target Sales Growth; New Concept To Be Launched in Early Fall 2017Swedish fast-fashion retailer Hennes & Mauritz AB reported SEK47.0 billion in net sales in 1Q17, slightly below the consensus estimate of SEK48.1 billion and up 8.0% year over year. Constant-currency sales increased by 4.0% in the quarter and UK sales increased 5.0%.
March 31, 2017 Insight Report Premium Walmart on an Acquisition Spree: A Move to Strengthen its Online PresenceWe believe Walmart—after acquiring a capable e-commerce team from Jet.com—is trying to build an online retail network with Jet.com in the center and other smaller e-commerce brands and retailers at the peripheral.
March 29, 2017 Company Earnings Update Register for Free Access Ahold Delhaize Updates on Store Divestments and Belgium StrategyThe Belgian Competition Authority (BCA) approved the merger of Ahold and Delhaize Group on March 15, 2016. The approval was conditional upon the divestment of a number of stores and projects, in Belgium, to address competition concerns.
March 29, 2017 Deep Dive Premium US Consumer Survey— Amazon Yet to Crack the Menswear MarketBrick-and-mortar stores remain the main channel where consumers buy. Two-thirds of surveyed men have bought menswear online, and only 2.6% say they buy most often online.
March 24, 2017 Company Earnings Update Register for Free Access PVH (PVH) 4Q16 Results: International Sales Growth Helps Offset More Challenging USPVH Corp. reported 4Q16 adjusted EPS of $1.23, above the consensus estimate of $1.19.
March 24, 2017 Company Earnings Update Register for Free Access Next (LON: NXT) FY16 Results: Retail Store Comparable Sales Fall 5.4%; Weak Guidance for FY17British fashion retailer Next reported £4,097 million in group revenues in FY16, down 1.9% year over year and below the consensus estimate of £4,157 million. Retail store comparable sales declined 5.4% year over year, reflecting meaningful sales erosion.
March 23, 2017 Company Earnings Update Register for Free Access Five Below (FIVE) 4Q16 Results: EPS beat, positive guidance for 2017Five Below reported 4Q16 revenues of $388.1 million, up 18.9% from $326.3 million in the year-ago period and slightly above the consensus estimate of $387.6 million. EPS was $0.90, ahead of the $0.89 consensus estimate and up 16.9% year over year.
March 22, 2017 Company Earnings Update Register for Free Access Nike (NKE) Fiscal 3Q17 Results: Beats on Earnings, Slightly Misses on RevenueNike reported fiscal 3Q17 adjusted EPS of $0.68, ahead of the $0.53 consensus estimate and up 24.0% year over year, driven by SG&A expense leverage as well as by higher other income, a lower tax rate and a lower share count.
March 20, 2017 Company Earnings Update Register for Free Access Tiffany & Co. (TIF) Fiscal 4Q16 Results: Revenue in Line With GuidanceTiffany & Co. reported fiscal 4Q16 adjusted EPS of $1.45, beating the consensus estimate of $1.38. Revenues increased by 1.3%, to $1.2 billion, which was in line with guidance.
March 17, 2017 Company Earnings Update Register for Free Access Sainsbury (LSE: SBRY) 4Q17 Update Comps Return to Negative TerritoryThe UK’s second-biggest grocery retailer, Sainsbury’s, reported comparable sales excluding fuel fell by 0.5% in 4Q17.
March 16, 2017 Company Earnings Update Register for Free Access Inditex (BME: ITX) FY16 Results: Continued Comp Strength Offset by Margin ErosionInditex reported FY16 revenues of €23.3 billion, an increase of 11.5% over FY15 and broadly in line with analysts’ estimates. Comparable store sales in FY16 increased a strong 10% year over year.
March 16, 2017 Company Earnings Update Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Sales Slow Down in FebruaryH&M reported total sales rose by 3% year over year in local currencies in February 2017. This compares to year-over-year sales growth of 8% in January. Sales in February were negatively impacted by 4% due to a calendar impact, since 2016 was a leap year.
