Product TypeCompany Earnings Update Product TypeCompany Earnings Update | July 14, 2020 Register for Free Access Costco Monthly Sales, June 2020: Highest Total Comp Growth in the Past Year, but E-Commerce Growth DeceleratesCostco’s global same-store sales increased year over year in June, although e-commerce growth decelerated. We review the comparable sales metrics reported by Costco for June 2020 and consider the factors that impacted results—including coronavirus-led store closures and gasoline price deflation.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | June 5, 2020 Register for Free Access Costco Monthly Sales, May 2020: Comp Growth Accelerates as E-Commerce Sales DoubleCostco’s global same-store sales increased year over year in May, and e-commerce growth accelerated. We review the comparable sales metrics reported by Costco for May 2020 and consider the factors that impacted results—including the coronavirus crisis and gasoline price deflation. Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | February 26, 2020 Register for Free Access Macy’s (NYSE: M) 4Q19 and FY19 Results: 2020 Will Be A Transition YearMacy’s reported fiscal 4Q19 revenues of $8.34 billion, down 1.4% YoY. The company reported 4Q19 adjusted EPS of $2.12, down 22.3% from the year ago period but higher than the consensus estimate of $1.96. Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 29, 2019 Register for Free Access Amazon.com (NASDQ: AMZN) 3Q19 Results: Profit Falls Due to High One-Day Shipping CostsAmazon profits fall for the first time in more than two years thanks to high one-day delivery costs.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 24, 2019 Register for Free Access Kimberly-Clark (NYSE: KMB) 3Q19 Results: In-Line Sales, Beats on EPS, Raises Fiscal 2019 EPS GuidanceKimberly-Clark reported net sales of $4.64 billion for the third quarter of 2019, an increase of 1.3% compared to same period last year and roughly in line with consensus estimates of $4.65 billion. Organic sales were up 4% versus last year.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 24, 2019 Register for Free Access Procter & Gamble (NYSE: PG) 1Q20 Results: Innovation and Increased Pricing Drive GrowthP&G reported net sales of $17.8 billion for the three months ended September 30, 2019, up 7% year over year and beating the consensus estimate of 5% year on year growth. Organic sales were up 7% versus last year.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 23, 2019 Register for Free Access Gildan Activewear (NYSE: GIL) Issues Profit Warning, Lowering FY19 Guidance on Weak Imprintables DemandGildan Activewear issued a profit warning for 3Q19 and full-year performance, citing weaker than expected US and international demand for imprintable apparel.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 23, 2019 Register for Free Access Carrefour (ENXTPA: CA) 3Q19 Update: Latin America Strength Offsets Weakness in FranceCarrefour secured growth in its Latin America markets – helping offset sluggish performance in France as the company seeks to reinvent itself with fewer and smaller stores, fewer SKUs, more organic offerings and a stronger online capability.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 22, 2019 Register for Free Access Unilever (LSE: ULVR) 3Q19 Update: Sales Beat Estimates; FY19 Sales Guidance UnchangedUnilever reported 3Q19 revenue of €13.3 billion, slightly above the consensus of €13.2 billion and up 2.9% year over year.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 22, 2019 Register for Free Access SAP (XTRA: SAP) 3Q19 Results: Beats Consensus with Strong Cloud Growth, Announced CEO TransitionSAP announced Q3 results that beat consensus estimates, driven by strong cloud growth and backlog. Sepertaely, the company announced the departure of CEO Bill McDermott and named two co-CEOs.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 18, 2019 Register for Free Access Casino Group (ENXTPA: CO) 3Q19 Update: Progress Toward Targets but France Proves FlatLatin America propelled Casino Group’s third-quarter sales, as French same-store sales proved broadly flat. Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 17, 2019 Register for Free Access IBM (NYSE: IBM) 3Q19 Results: Remains on Track to Meet 2019 Guidance with Strength in Cloud, Red Hat and ConsultingIBM reported mixed 3Q19 results, with growth driven by cloud, Red Hat and consulting. The company reiterated its updated 2019 EPS guidance, which had been adjusted for the Red Hat acquisition.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 17, 2019 Register for Free Access ASOS (LSE: ASC) FY19 Results: Revenues Ahead of Consensus, but Profits PlummetASOS FY19 profits plummet, management notes it had “underestimated the impacts of large-scale operational change…on two continents simultaneously” and that the company was “not adequately prepared for the additional complexities of planning and trading across our expanded warehouse footprint.”Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 14, 2019 Register for Free Access LVMH (ENXTPA: MC) 3Q19 Update: Fashion & Leather Goods Set the PaceLVMH reported 3Q19 sales of €13.3 billion, a 17.0% increase on a reported basis, and the Fashion & Leather Goods business grew sales 22.2% compared to the year-ago period. By region, Japan was the best-performing market over the quarter.Read More
Product TypeCompany Earnings Update Product TypeCompany Earnings Update | October 14, 2019 Register for Free Access Fast Retailing (TSE: 9983) FY19 Results: Strong Year Driven by Uniqlo in Greater ChinaFast Retailing reported FY19 revenues of ¥2.29 trillion ($48.1 billion), up 7.5%, and operating profit of ¥275.0 billion ($2.55 billion), up 9.1% from ¥225 billion ($2.09 billion) in the year-ago period.Read More
