September 9, 2019 Flash Report Register for Free Access Alibaba Acquires Kaola to Strengthen Cross-Border E-Commerce DominanceThe Kaola acquisition represents a meaningful strengthening of Alibaba’s offering in cross-border e-commerce. It will consolidate China’s cross-border e-commerce space, giving Alibaba a dominant share of this market.
September 6, 2019 Company Earnings Update Register for Free Access American Eagle Outfitters (NYSE: AEO) 2Q19 Results: Mixed Results; Management Hints at Entering Beauty Before Holiday SeasonAEO reported fiscal 2Q19 revenues of $1.04 billion, higher than the consensus estimate of $1.00 billion, and up 7.9% YoY. The company reported adjusted 2Q19 EPS of $0.39, higher than consensus of $0.32.
September 6, 2019 Company Earnings Update Register for Free Access Alimentation Couche-Tard (TSX: ATD.B) 1Q20 Results: Revenue Below Consensus, Merchandise and Service Drive GrowthAlimentation Couche-Tard reported fiscal 1Q20 revenue of $14.2 billion, down 4.2% year over year and below consensus estimate of $15.1 billion.
September 6, 2019 Company Earnings Update Register for Free Access Lululemon (NASDAQ: LULU) 2Q19 Results: Revenue and Comps Up in Strong Quarter; Men’s Outperforms Women’sLululemon’s 2Q19 revenues grew 22.1% year over year to $833 million, beating the consensus estimate of $845.6 million. The company reported 2Q19 EPS of $0.96, up 35.2% from the year-ago period, ahead of the consensus estimate of $0.89.
September 5, 2019 Insight Report Premium Costco’s First China Store: A First Look and a Look AheadOn August 27, Costco opened its first store in China. First-day traffic was so heavy the store was forced to close early due to overcrowding. The Coresight Research team was there for the opening day and made a return visit on August 29.
September 3, 2019 Deep Dive Premium Holiday 2019: US Shopper SurveyWe take a deep dive into US shoppers’ expectations for the 2019 holiday season.
September 1, 2019 Company Earnings Update Register for Free Access Dollar Tree (NASDAQ: DLTR) 2Q19 Results: Beats Consensus on Revenues and Enterprise Comps While Profit Margins ContractDollar Tree reported 2Q19 revenues of $5.74 billion, up 3.9% year over year and slightly above the $5.72 consensus estimate. EPS was $0.76, down 34.1% and below the $0.83 consensus.
September 1, 2019 Company Earnings Update Register for Free Access Dollar General (NYSE: DG) 2Q19 Results: Beats Consensus on Revenues and Comps; Raises GuidanceDollar General reported 2Q19 revenues of $6.98 billion, up 8.4% year over year and above the $6.89 billion consensus estimate. Adjusted EPS was $1.74, up 14.5% year over year and comfortably beating the $1.57 consensus estimate.
September 1, 2019 Company Earnings Update Register for Free Access Ulta (NASDAQ: ULTA) 2Q19 Results: Revenues Up but Below Consensus, Reduces Guidance due to Slowdown in US CosmeticsUlta reported 2Q19 revenues of $1.67B, up 12.0% YoY but below the consensus estimate of $1.68B. The company’s EPS was $2.76, up 12.2% from the year ago period and below consensus of $2.80.
September 1, 2019 Company Earnings Update Register for Free Access Burlington Stores (NYSE: BURL) 2Q19 Results: Sales Beats Consensus; Raises Guidance; Home and Beauty Categories Remain StrongBurlington Stores reported fiscal 2Q19 revenues of $1.66 billion, up 10.5% year over year and beating the consensus estimate of $1.63 billion. The company’s adjusted earnings per share (EPS) grew 18.3% year over year to $1.36, beating the consensus estimate of $1.14.
August 29, 2019 Company Earnings Update Register for Free Access Best Buy (NYSE: BBY) 2Q20 Results: Beats Consensus on EPS, Narrows FY20 Guidance but Cautious on Tariffs and Consumer in Second HalfBest Buy reported fiscal 2Q20 results that beat/were in line with consensus. The company narrowed its FY20 guidance ranges but sounded on China tariffs and consumer purchases in the second half.
August 29, 2019 Deep Dive Premium Have Warehouse Clubs Embraced E-Commerce?In this report, we analyze how warehouse clubs have recently sought to compete with online-only retailers and omnichannel rivals.
August 29, 2019 Company Earnings Update Register for Free Access Tiffany & Co. (NYSE: TIF) 2Q19 Results: Sales Miss but Management Reiterates FY19 GuidanceTiffany reported EPS of $1.12, down 4.3% but beating the consensus estimate of $1.04. Total revenue for the quarter declined 2.5% to $1.05 billion, missing the consensus estimate of $1.06 billion.
August 28, 2019 Flash Report Register for Free Access Clothing Rental Upstart Le Tote to Acquire Iconic Century-old Brand Lord + Taylor from HBC for $100 MillionApparel rental upstart Le Tote to acquire century-old Lord + Taylor in what could be a growing trend of online disruptors moving into more traditional spaces.
August 28, 2019 Flash Report Register for Free Access Shoppers Flock to Costco’s First China Store, Forcing It to Close EarlyCostco gained heavy traffic and customer flows: lines were formed before opening; consumers had to wait three hours for parking; average check-out time was about two hours.
