Company Earnings Update | August 23, 2019 Register for Free Access Gap Inc. (NYSE: GPS) 2Q19 Results: Sales Miss, Reiterates Adjusted EPS and Comps GuidanceGap reported fiscal 2Q19 revenues of $4.0 billion, down 2.0% year over year, slightly missing the consensus estimate. Adjusted earnings per share (EPS) were $0.63, down 17.1% from the year-ago period, but ahead of the consensus estimate of $0.53. Read More
Company Earnings Update | August 23, 2019 Register for Free Access BJ’s Wholesale Club (NYSE: BJ) 2Q19 Results: Comps in Line But Revenues Miss Consensus Estimates; Margins ImproveBJ’s Wholesale Club reported 1Q19 adjusted EPS of $0.39, up 27.1% and beating the consensus estimate $0.37. Revenues were $3.35 billion, up 1.2% but below the $3.39 billion consensus estimate. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Pinduoduo (NASDAQ: PDD) 2Q19 Results: Revenue Beats Consensus Thanks to Strong User GrowthPinduoduo reported revenues of ¥7.3 billion ($1.1 billion) for the second quarter ended June 30, 2019, beating the consensus estimate of $878.8 million and up 169% year over year. Operating expenses decreased and operating margin improved to (20.4)%. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Lowe’s Companies, Inc. (NYSE: LOW) 2Q19 Results: Revenues and Comps Beat Consensus Estimates; Guidance ReaffirmedLowe’s reported 2Q19 adjusted EPS of $2.15, up 3.9% and comfortably beating the $2.00 consensus estimate. Revenues were $20.99 billion, up 0.5% and ahead of the $20.93 billion consensus. Read More
Company Earnings Update | August 22, 2019 Register for Free Access L Brands (NYSE: LB) 2Q19: Victoria’s Secret Still a Drag on Earnings but Early Read on Swim is PositiveL Brands 2Q19 revenues were $2.90 billion, down 2.8% year over year and lower than the consensus estimate of $2.95 billion. Comparable sales were down 1% compared to a 3% increase last year and below the consensus estimate of a 0.2% rise. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Home Depot (NYSE: HD) 2Q19 Results: Revenues Marginally Below Consensus Estimates While Comps MissHome Depot reported 2Q19 EPS of $3.17, up 3.7% and beating the consensus estimate of $3.09. Revenues were $30.8 billion, up 1.2% and marginally below the $31.0 billion consensus estimate. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Nordstrom (NYSE: JWN) 2Q19 Results: Company Misses Expectations Due to Softer Sales, Lowers Sales GuidanceNordstrom reported 2Q19 revenues of $3.87 billion, down 5.1% year over year and below the consensus estimate of $3.92 billion. The company’s earnings per share (EPS) declined 5.3% year over year. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Target (NYSE: TGT) 2Q19 Results: Beats Consensus Estimates and Raises 2019 EPS GuidanceTarget reported 2Q19 revenues of $18.42 billion, up 3.6% and beating the $18.29 billion consensus estimate. Adjusted EPS was $1.82, beating the $1.62 consensus. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Urban Outfitters (NYSE: URBN) 2Q19 Results: Sales and Comps Below Expectations Due to Softer Women’s Apparel AssortmentUrban Outfitters reported fiscal 2Q19 revenues of $962.3M, lower than the consensus estimate of $980.6M and down 3% year over year. The company reported 2Q19 EPS of $0.61, above the consensus estimate of $0.58 and down 27.4% from the year ago period. Read More
Company Earnings Update | August 21, 2019 Register for Free Access Estée Lauder (NYSE: EL) 4Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full YearEstée Lauder reported 4Q19 revenues of $3.6B, up 9% YoY compared to $3.3B in the prior-year period. Adjusted, non-GAAP (EPS) were $0.68, compared to $0.61 in the year ago quarter, up 12%. Read More
Company Earnings Update | August 21, 2019 Register for Free Access The TJX Companies (NYSE: TJX) 2Q19 Results: Revenues Below Expectations; Affirms Full-Year GuidanceTJX Cos. reported fiscal 2Q19 revenues of $9.8 billion, up 4.8% year over year and lower than the consensus estimate of $9.9 billion. Earnings per share (EPS) grew 6.9% year over year to $0.62. Read More
Company Earnings Update | August 21, 2019 Register for Free Access Kohl’s (NYSE: KSS) 2Q19 Results: Revenues and Comps Down, Introducing Emerging Brands Platform with FacebookKohl’s reported 2Q19 revenues of $4.43B, beating consensus of $4.31B, and down 3.1% YoY. The company reported adjusted 2Q19 EPS of $1.55, higher than consensus of $1.53. Read More
Deep Dive | August 21, 2019 Premium The Future of PaymentsThis report looks at payment platforms, explores their prospects, and reviews new technologies that could shape the future of the global payment landscape. Read More
Deep Dive | August 20, 2019 Premium Reinventing the US Department StoreFrom loyalty programs to experiential concepts, we assess how US department stores are transforming themselves to stay relevant. Read More
Company Earnings Update | August 18, 2019 Register for Free Access Vipshop (NYSE: VIPS) 2Q19 Results: Revenue and EPS Beat Consensus Thanks to Strong Apparel Sales and More Active CustomersVipshop 2Q19 revenues were up 9.7% to ¥22.7 billion, primarily driven by more active customers and a focus on the fast-growing high-margin apparel sector. Read More
