Company Earnings Update | August 1, 2019 Register for Free Access Next (LSE: NXT) 2Q20 Update: Strong Quarter Prompts Raised GuidanceNext reported strong 2Q20 full-price product sales growth of 3.7%, compared to 4% growth in the previous quarter and beating the consensus estimate of 0.1%. Read More
Company Earnings Update | August 1, 2019 Register for Free Access Simon Property Group (NYSE: SPG) 2Q19 Results: Beats Consensus on Revenues and FFO, Lowers EPS GuidanceSimon Property Group (Simon) reported revenues of $1.40 billion, up 0.9% year over year and ahead of the $1.34 billion consensus estimate. FFO was $2.99 per share, up 0.3% and beating the consensus estimate of $2.98 per share. Read More
Company Earnings Update | August 1, 2019 Register for Free Access L’Oréal (ENXTPA: OR) 1H19 Results: Strongest Comparable Sales Growth in Over a DecadeL’Oréal 1H19 revenues grew 11% and adjusted EPS grew 7% year over year, both in-line with the StreetAccount estimates. Read More
Company Earnings Update | August 1, 2019 Register for Free Access Procter and Gamble (NYSE: PG) 4Q19 Results: Innovations and Increased Pricing Driving GrowthP&G reported net sales of $17.1 billion for the fourth quarter of fiscal 2019, an increase of 3.6% compared to the same period last year. Organic sales were up 7% versus last year. Read More
Deep Dive | July 31, 2019 Premium Amazon: A Timeline of Key EventsFrom 2017 to 2019 we saw Amazon focus on consolidating its e-commerce services, strengthening its technology capabilities and investing in cross-industry projects. Read More
Company Earnings Update | July 31, 2019 Register for Free Access Steve Madden (NASDAQ: SHOO) 2Q19 Results: Steve Madden Women’s Wholesale and Accessories Drive Strong Momentum, Tariffs Cloud OutlookSteve Maddon posts double-digit sales increases but the threat of more tariffs looms large as its ability to squeeze concessions from suppliers and move production hits limits. Read More
Company Earnings Update | July 31, 2019 Register for Free Access Under Armour (NYSE: UAA) 2Q19 Results: North America Revenue Declines, Company Updates Outlook for FY19Under Armour reports operating loss of $11 million, net loss of $17 million and makes minor revisions to guidance. Read More
Company Earnings Update | July 31, 2019 Register for Free Access Dufry (SIX: DUFN) 1H19 Results: Profits Decline on Higher Depreciation and Interest Costs; Maintains FY19 GuidanceDufry reported 1H19 net sales of CHF 4.1 billion, up 2.1% year over year and in line with the consensus estimate recorded by StreetAccount. Read More
Company Earnings Update | July 30, 2019 Register for Free Access Colgate-Palmolive (NYSE: CL) 2Q19 Results: Net Sales and Diluted EPS DeclineColgate-Palmolive reported net sales of $3.87 billion for the three months ended June 30, 2019, down 0.5% year over year and below the consensus estimate of $3.88 billion. Organic sales were up 4.0% year over year due to increased volume and pricing. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Kering (ENXTPA: KER) 1H19 Results: Double-Digit Sales and Earnings Gains Driven by GucciGucci and Saint Laurent drive solid Double Digit Sales and Earnings Gains Read More
Company Earnings Update | July 29, 2019 Register for Free Access LVMH (ENXTPA: MC) 1H19 Results: Strong Sales Propelled by Fashion & Leather Goods, and Asia RegionLVMH reported 15% 1H sales growth propelled by its fashion and leather goods business, which grew sales 21%. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Taubman Centers (NYSE: TCO) 2Q19 Results: FFO Misses Consensus, Lowers GuidanceTaubman Centers reported 2Q19 revenues of $161.6 million, up 5.8% year over year and beating the $159.7 million consensus estimate. FFO was $0.78 per share, missing the $0.83 consensus estimate. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Tractor Supply Company (NASDAQ: TSCO) 2Q19 Results: Comps Beat Consensus Estimates, Revenues in Line; Guidance RaisedTractor Supply reported 2Q19 EPS of $1.80, up 6.5% but marginally missing the $1.81 consensus estimate recorded by StreetAccount. Revenues were $2.35 billion, up 6.3% and in line with the consensus estimate. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Amazon.com (NASDQ: AMZN) 2Q19 Results: 20% Increase in Sales Driven by AWS GrowthAmazon.com reported 2Q19 revenues of $63.4 billion, up 20.0% year over year and in line with the consensus estimate between $59.5 billion and $63.5 billion. Read More
Store Tracker | July 26, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 30: GNC Set to Close 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