Company Earnings Update | August 9, 2019 Register for Free Access CVS Health (NYSE: CVS) 2Q19 Results: Narrows Profit and Earnings Outlook on Aetna StrengthCVS reported revenue growth of 35.2% year over year to $63.4 billion, above the $62.6 billion consensus estimate as recorded by FactSet StreetAccount, in the second quarter ended June 30. Read More
Company Earnings Update | August 9, 2019 Register for Free Access Adidas (DB: ADS) 2Q19 Results: Double-Digit Revenue Growth in E-Commerce and in ChinaAdidas reported 4% currency-neutral 2Q19 revenue growth driven by high-single-digit growth in its sport inspired business. Revenues rose 5% to €5.51 billion. Read More
Company Earnings Update | August 9, 2019 Register for Free Access Unicharm (TYO: 8113) 2Q19 Results: Net Sales Ahead of Consensus, Asia Remains a Growth EngineUnicharm reported 2Q19 net sales of ¥173.9 billion, up 5.5% year over year and broadly in line with the consensus estimate of ¥173.5 billion. Read More
Insight Report | August 8, 2019 Premium Supply Chain Briefing: Robotic Process Automation Brings Productivity and Precision to the Supply ChainRPA offers numerous benefits to supply chain operations and the retail industry. Companies such as Walmart and Walgreens have adopted RPA. With RPA’s promise of greater efficiency, increased productivity and greater, we expect to see more retailers adopt this technology. Read More
Company Earnings Update | August 8, 2019 Register for Free Access Ahold Delhaize (ENXTAM: AD) 2Q19 Results: An In-Line Quarter but Operating Income Declines by Double DigitsAhold Delhaize reported 2Q19 net sales and underlying operating income in line with expectations. Read More
Company Earnings Update | August 8, 2019 Register for Free Access Capri Holdings (NYSE: CPRI) 1Q20 Results: Revenue Misses Estimates, Reduces Revenue GuidanceCapri Holdings reported 1Q20 adjusted EPS of $0.95, above the $0.90 consensus estimate. Revenues increased 11.9% to $1.34 billion on a reported basis, missing the $1.37 billion estimate. Read More
Company Earnings Update | August 8, 2019 Register for Free Access Brookfield Property Partners (NASDAQ: BPY) 2Q19 Results: Revenue Increases, FFO Beats EstimatesBrookfield reported 2Q19 FFO per unit of $0.38, up 5.6%, beating the consensus estimate of $0.36. Net income was $0.12 per unit, down 82%. Read More
Deep Dive | August 6, 2019 Premium Target: A Timeline of Key EventsFrom 2010 to 2019, Target focused on store expansion, brand collaboration and new service offerings. Read More
Deep Dive | August 6, 2019 Free Report Off-Price Retailing in GermanyWe review the German off-price retail landscape. German mass-market apparel retailing is skewed toward value options, but off-price represents a still-nascent part of this market. Read More
Company Earnings Update | August 6, 2019 Register for Free Access Prada (SEHK: 1913) 1H19 Results: Sales Increase Slightly, In Line with Market Expectations In 1H19, Prada’s net revenue was €1.57 billion, up 1.9% year over year at a constant- currency basis. Net retail sales rose 2.4%, to €1.55 billion. Read More
Company Earnings Update | August 5, 2019 Register for Free Access Wayfair (NYSE: W) 2Q19 Results: Revenues Beat Consensus Estimates, Losses ContinueWayfair reports losses of $181.9 million in 2Q19 (compared to the $100.7 million loss in the year ago quarter) on revenues of $2.34 billion, up 41.6% year over year and above the $2.26 billion consensus estimate. Read More
Company Earnings Update | August 5, 2019 Register for Free Access Clorox (NYSE: CLX) 4Q19 Results: Sales Decline, Pulled Down by the Household SegmentClorox reported net sales of $1.6 billion for the three months ended June 30, 2019, down 3.8% year over year, driven by lower sales volume and unfavorable foreign exchange rates. For fiscal 2019, Clorox reported sales growth of 1% to $6.2 billion and a 1% increase in diluted EPS to $6.32. Read More
Company Earnings Update | August 2, 2019 Register for Free Access Gildan (NYSE: GIL) 2Q19 Results: Higher Revenue Driven by Activewear, Updates Full Year GuidanceGildan 2Q19 sales increased 4.9% to $801.6 million, driven by activewear sales and consistent with analyst expectations. Read More
Store Tracker | August 2, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 31: Tractor Supply Company Opens More StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019. Read More
Company Earnings Update | August 2, 2019 Register for Free Access Zalando (XTRA: ZAL) 2Q19 Results: EBIT Beat Prompts Narrowing of GuidanceIn 2Q19, Zalando reported strong growth in revenues and consensus-beating EBIT that prompted management to raise EBIT guidance for the full year. Read More