March 23, 2016 Flash Report Register for Free Access Nordstrom (JWN) Names Private Tech-Company CEO Kumar Srinivasan as Chief Technology OfficerToday, Nordstrom announced that Kumar Srinivasan joined the company as Chief Technology Officer (CTO).
March 21, 2016 Event Presentation Premium What Is Driving Retail in 2016 (US and Europe)BRICK & MORTAR RETAILERS CONTINUE TO EXPERIENCE TRAFFIC DECLINES- • US mall traffic has declined for 37 consecutive months and continues to be challenging • Feb. 2016 store traffic dropped by 6.6% YoY • Malls have seen an average drop in traffic of 9.3% YoY • High-end malls appear less affected – GGP traffic up 2% in 2015 – Simon traffic up 1.5% in 2015 – Taubman traffic up in 2015
March 18, 2016 Insight Report Premium Tiffany & Co. (TIF) 4Q15 Results: Company Provides a Modest OutlookTiffany & Co. reported 4Q15 EPS of $1.46 excluding onetime items versus consensus of $1.40.
March 14, 2016 Event Presentation Premium Golden Seeds Presentation• Fung Global Retail & Technology advises retailers, real estate developers and tech companies on projects situated at the intersection of retail, tech and/or fashion • Our team offers a robust knowledge bank and significant experience in the retail, fashion and tech fields. We are involved in many areas of the business and believe this allows us to offer a unique perspective by focusing on the future and where the sector is heading
March 10, 2016 Company Earnings Update Register for Free Access Ulta Beauty 4Q15 Results: Solid Beat on EPS, 2016 Outlook at or Above Consensus EstimatesUlta Beauty reported 4Q15 revenues of $1.3 billion, up 21.1% year over year and ahead of the consensus estimate. EPS was $1.69, beating the consensus estimate by 15 cents.
March 10, 2016 Flash Report Register for Free Access Carrefour (EPA: CA) FY15 Results: Southern Europe and Latin America Strengthen ResultsCarrefour reported that net sales increased by 3.0% in FY15, to €76.9 billion, which was below the consensus estimate of €77.6 billion. Recurring operating income increased by 2.4%, to €2.4 billion, just below consensus. Adjusted net income also grew, by 7.1%, to €1.1 billion, slightly below consensus.
March 9, 2016 Flash Report Register for Free Access Vera Bradley (VRA) 4Q15 Results: In-Line Quarter, Comps Hurt by E-Commerce PromotionsVera Bradley reported fiscal 4Q15 revenues of $154.1 million, up 1.0% year over year and slightly above the consensus estimate. EPS was $0.41, in line with the consensus.
March 9, 2016 Flash Report Register for Free Access Groupe Casino (EPA: CO) FY15 Results: Weak Sales, FX and Brazil Drag Down ResultsGroupe Casino reported FY15 diluted underlying EPS of €2.80, a decline of 35.5% and below the consensus estimate of €2.81. The company reported that revenue decreased by 4.8%, to €46.1 billion, slightly above the consensus estimate.
March 7, 2016 Flash Report Register for Free Access Urban Outfitters (URBN) 4Q15 Results: Urban Outfitters Brand Markdowns ImproveUrban Outfitters reported 4Q15 EPS of $0.61 versus the consensus estimate of $0.56.
March 3, 2016 Company Earnings Update Register for Free Access Kroger KR 4Q2015 Results by FBIC Global Retail Tech Mar. 3 2016Kroger reported 4Q15 revenues of $26.2 billion, up 3.8% year over year and slightly below the consensus estimate of $26.3 billion. EPS was $0.57, beating the consensus estimate by three cents.
March 3, 2016 Company Earnings Update Register for Free Access Adidas Group (ETR: ADS) FY15 Results: Strong Sales Boosted by Double-Digit Growth in Key MarketsAdidas Group reported net sales of €16.9 billion in FY15, beating the consensus estimate and up 16.4% from the previous year. The growth was mainly driven by strong regional performance in Western Europe; Greater China; Latin America; and the Middle East, Africa and Asia.
March 3, 2016 Flash Report Register for Free Access Costco (COST) 2Q16 Results: Complicated but Decent Quarter, Solid Comps ex Gas, Foreign ExchangeCostco reported fiscal 2Q16 revenue of $28.2 billion, up 2.6% year over year and slightly below the consensus estimate of $28.6 billion. EPS was $1.24, missing the consensus estimate by four cents. The reported EPS figure includes items that hurt EPS by $0.11 per share.
March 2, 2016 Insight Report Premium American Eagle Outfitters 4Q15 Results: In-Line Quarter, Solid Guidance Ahead of ConsensusAmerican Eagle Outfitters reported 4Q15 revenues of $1.1 billion, up 3.2% year over year and in line with the consensus estimate. EPS of $0.42 was up 17.4% year over year and also in line with consensus.
February 25, 2016 Event Presentation Premium Retailment Driven TrendsAlchemist Accelerator is an accelerator exclusively for startups whose revenue comes from enterprises, not consumers. CoCoon is a coworking space where entrepreneurs, creative talent, successful leaders and investors meet, collaborate and deliver results together. Member companies get access to networking opportunities, work space, a photography studio and mentors. Entrepreneurs Roundtable Accelerator (ERA) provides participant companies with an intensive four-month program, with the goal of helping early-stage companies progress rapidly into exciting, viable businesses.
February 25, 2016 Flash Report Register for Free Access Chico’s FAS (CHS) 4Q15 RESULTS: COMPS AND REVENUES DOWN; COMPS FLAT TO DOWN AND HIGHER EPS IN 2016Chico’s reported 4Q15 adjusted EPS of $0.05 versus estimated EPS of $0.00. Net revenue for the quarter was $627.4 million, down 4.5% year over year from $657.9 million in 4Q14.
