May 2, 2019 Insight Report Premium Alibaba and JD.com Battle it Out for Dominance of China’s Online Luxury MarketAlibaba and JD.com have operated app-only luxury channels since 2017: Tmall Luxury Pavilion and Toplife, respectively. Both channels have enlisted over 100 brands to sell their wares so far.
May 2, 2019 Company Earnings Update Register for Free Access Loblaw (TSX: L) 1Q19 Results: Comp Growth Strengthens in RetailLoblaw reported 1Q19 same-store sales growth of 2.0% in food retail and 2.2% in drug retail, with growth in both segments accelerating from the prior quarter. Revenue of C$10.66 billion came in slightly ahead of the consensus estimate of C$10.60 billion.
May 2, 2019 Company Earnings Update Register for Free Access Sainsbury’s (LSE: SBRY) FY19 Results: Improvement in Adjusted Profit Metrics but Comparable Sales Continue to DeclineSainsbury’s reported FY19 adjusted profits ahead of expectations, but comparable sales continued to slide in the final quarter. Following the company’s abandonment of a merger with rival Asda, management outlined plans to invest in stores and technology.
May 2, 2019 Company Earnings Update Register for Free Access Taubman Centers (NYSE: TCO) 1Q19 Results: Beats Consensus Estimates, Updates 2019 Guidance for The Gardens Mall AcquisitionTaubman Centers beat consensus estimates on the top and bottom lines and updated 2019 guidance to reflect The Gardens Mall acquisition.
May 2, 2019 Company Earnings Update Register for Free Access Simon Property Group (NYSE: SPG) 1Q19 Results: Beats Consensus on Revenues and FFO, Reiterates 2019 GuidanceSimon Property Group’s 1Q19 results beat consensus estimates and the company reiterated its 2019 earnings guidance.
May 2, 2019 Company Earnings Update Register for Free Access Next (LSE: NXT) 1Q20 Update: Strong First Quarter but Management Cautious on Rest of YearNext reported a strong 1Q20, with full-price product sales up 4.0% year over year. With 0.3% of this contributed by new space, the company saw inferred comparable product sales growth of 3.7%.
May 2, 2019 Company Earnings Update Register for Free Access Estée Lauder (NYSE: EL) 3Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full YearEstée Lauder reported 3Q19 revenues of $3.7B, up 11.1% yoy and beating the $3.6B estimate. Skin care, the company’s largest category at 46.6% of sales, rose 21%.
May 2, 2019 Company Earnings Update Register for Free Access Gildan (NYSE: GIL) 1Q19 Results: Updates Outlook, Announces International Capacity ExpansionUpdates Outlook, Announces International Capacity Expansion
April 30, 2019 Company Earnings Update Register for Free Access Tractor Supply Company (NASDAQ: TSCO) 1Q19 Results: Revenues and Comps Beat Consensus Estimates While Guidance Remains in LineTractor Supply reported 1Q19 EPS of $0.63, up 10.2% and beating the $0.55 consensus estimate recorded by StreetAccount. Revenues were $1.82 billion, up 8.3% and marginally ahead of the $1.81 billion consensus estimate.
April 30, 2019 Company Earnings Update Register for Free Access Colgate-Palmolive (NYSE: CL) 1Q19 Results: Beats Expectations on Top Line, Misses on EPSColgate-Palmolive reported net sales of $3.9 billion for the three months ended March 31, 2019. The Hill’s Pet Nutrition segment saw strong organic sales growth, whereas for oral, personal and home care, Africa/Eurasia saw organic sales growth and Asia Pacific showed organic sales decline.
April 30, 2019 Company Earnings Update Register for Free Access Steve Madden (NASDAQ: SHOO) 1Q19 Results: Steve Madden Women’s Wholesale and Accessories Drive Strong MomentumUS Wholesale, core Steve Madden and Accessories grew at double digit pace in 1Q
April 26, 2019 Company Earnings Update Register for Free Access Casino Group (ENXTPA: CO) 1Q19 Update: Soft France, Strong Latam; Early Progress Toward 2021 TargetsIn 1Q19, Casino Group reported flat same-store sales in France, versus expectations of a 0.4% uplift. Casino reported 1Q19 group comparable sales growth of 3.0%, supported by growth in Latin America.
April 26, 2019 Event Coverage Register for Free Access Lululemon Analyst Day 2019: Plans to Quadruple International Revenue and Double Men’s and Digital Business by 2023Lululemon’s investor day focused on innovative products, omni experience, and market expansion. It expects men’s and digital business will double by 2023 and international business will quadruple.
April 26, 2019 Flash Report Register for Free Access UK Competition Authority Blocks Sainsbury’s-Asda MergerOn April 25, 2019, the UK’s Competition and Markets Authority blocked the planned merger of Sainsbury’s and Walmart-owned Asda, which are, respectively, the UK’s second- and third-largest grocery retailers.
April 26, 2019 Company Earnings Update Register for Free Access Amazon.com (NASDQ: AMZN) 1Q19 Results: Blows Out EPS, Strength in AWS and Subscriptions, Light Q2 Profit GuidanceAmazon’s Q2 EPS blew past consensus estimates. Growth was driven by AWS and subscriptions. Q2 operating-profit guidance fell below consensus.
