June 1, 2016 Flash Report Register for Free Access Vera Bradley (VRA) 1Q17 Results: Beats on EPS, but Revenues Are LightVera Bradley reported fiscal 1Q17 EPS of $0.06 versus the consensus estimate of $0.05.
May 31, 2016 Event Presentation Premium Eco-Friendly Fashion Production and Distribution (EMERGE)• 80 billion pieces of clothing purchased worldwide each year • Up 400% from 2 decades ago • ¾ garments end up in landfills or are incinerated after short lifespan • 1/6 of people worldwide work in garment industry
May 31, 2016 Company Earnings Update Register for Free Access Under Armour Updates 2016 Outlook Based on Sports Authority LiquidationThe US Bankruptcy Court in Delaware recently approved the liquidation of Sports Authority. Since the business will not be restructured or sold, Under Armour will recognize an impairment charge of $23 million in 2Q16 related to the liquidation. In addition, Under Armour will be able to recognize only $43 million of the $163 million in revenues it originally expected from Sports Authority in 2016.
May 26, 2016 Flash Report Register for Free Access Deckers Brands (DECK) 4Q16 Results: Deckers Provides Muted Outlook; CEO Angel Martinez to RetireFor fiscal 4Q16, Deckers Brands reported adjusted EPS of $0.11 versus the consensus estimate of $0.05.
May 26, 2016 Flash Report Register for Free Access Burlington (BURL) 1Q16 Results: Off-Price Continues to Outperform; Burlington Raises 2016 GuidanceBurlington Stores reported 1Q16 adjusted EPS of $0.57 versus the consensus estimate of $0.48.
May 26, 2016 Flash Report Register for Free Access Chico’s FAS (CHS) 1Q16 Results: Sluggish Quarter; Cost Cutting Expected to Generate Significant SavingsChico’s FAS reported 1Q16 revenues of $643 million, down 7.8% year over year and below the consensus estimate of $669 million. EPS was $0.23, missing the consensus of $0.32, but was up 4.5% from $0.22 in the year-ago quarter.
May 18, 2016 Event Presentation Premium The Shoptalk Startup Pitch• Fung Global Retail & Technology advises retailers, real estate developers, tech companies, and others on projects situated at the intersection of retail, tech and/or fashion • Our team offers a robust knowledge bank and deep-rooted experience across the retail, fashion. and tech industries. We are involved in many areas of the business, which allows us to offer a unique perspective on the future and where the sector is heading.
May 18, 2016 Company Earnings Update Register for Free Access Target (TGT) 1Q16 Results: Company Provides Softer 2Q OutlookTarget reported adjusted 1Q16 EPS of $1.29 versus the consensus estimate of $1.19.
May 18, 2016 Company Earnings Update Register for Free Access American Eagle (AEO) 1Q16 Results: Strong Results in a Tough EnvironmentAmerican Eagle Outfitters reported 1Q16 EPS of $0.22 versus the consensus estimate of $0.18.
May 17, 2016 Insight Report Premium The TJX Companies Inc (TJX) 1Q17 Results: Another Strong Quarter; 2Q Off to a Solid StartThe TJX Companies reported 1Q17 EPS of $0.76 versus the consensus estimate of $0.71.
May 17, 2016 Flash Report Register for Free Access Target (TGT) Names Mark Tritton as EVP and Chief Merchandising OfficerOn May 17, Target announced the hiring of Mark Tritton as EVP and Chief Merchandising Officer (CMO).
May 16, 2016 Event Presentation Premium Top 25 Retail TrendsTop 25 Retail Trends 1. Store Traffic 2. Experiential Retail 3. Smart Malls 4. Retail Store Closings and Openings 5. Owning Grocery 6. Moving to Omni 7. Evolving Pure Plays 8. Winner-Take-All E-Commerce & More…..
May 12, 2016 Event Presentation Premium 6 Retail Trends and 7 Ways Amazon Is Changing Everything (Ecommerce Media Forum)• US mall traffic has decreased for 37 consecutive months and continues to be challenging • Malls have seen an average 9.1% YoY decrease in traffic since January 2015 – High-end malls appear less affected – General Growth Properties: traffic up 2% in 2015 – Simon Malls: traffic up 1.5% in 2015 – Taubman Centers: traffic up in 2015
May 12, 2016 Company Earnings Update Register for Free Access Nordstrom (JWN) 1Q16 Results: Big Earnings Miss; FY16 Guidance Lowered to Reflect Softening Industry DynamicsNordstrom announced 1Q16 diluted EPS of $0.26, far below the consensus estimate of $0.45. The disappointing results were driven by sales that were lower than planned and by higher markdowns intended to better align inventory positions with softening industry trends.
May 10, 2016 Company Earnings Update Register for Free Access Macy’s (M) 1Q16: Guidance Reduced Due to Continued Weak SpendingMacy’s reported FY1Q16 adjusted EPS of $0.40 versus consensus of $0.38.
