Company Earnings Update | June 14, 2019 Register for Free Access Alphabet (NASDAQ: GOOGL) 1Q19 Results: Mixed Quarter, Investing for the Long Term, New Consumer Products Coming at Google I/OAlphabet (the parent company of Google) reported a mixed 1Q19 and sees strong momentum in Cloud and Hardware offset by currency headwinds in the second quarter. Read More
Analyst Corner | June 14, 2019 Register for Free Access WEINSWIG’S WEEKLY JUNE 14 2019This week’s note “From the Desk of Deborah Weinswig” looks at Aldi’s entry into China – and how the company is using technology to appeal to local tech-savvy consumers. Read More
Store Tracker | June 14, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 24: Kohl’s Winds Up Its Off-Price BusinessIn 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
Insight Report | June 14, 2019 Premium US-China Trade Issues: The Battle for FurnitureThe US-China trade dispute rages on, affecting multiple categories including footwear, furniture, apparel and food. This reports reviews recent developments and implications for the furniture category. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Hudson’s Bay Company (TSX: HBC) 1Q19: Mixed Results, Focus on North America and Strategy at Saks OFF 5THHBC reported 1Q19 revenues of C$2.12 billion, down 3.3% YoY and above the consensus estimate of C$2.00 billion. The company reported adjusted 1Q19 EPS of C$1.15, up from the year-ago period. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Lululemon (NASDAQ: LULU) 1Q19 Results: Company Beats Expectations, Raises Guidance and Expands BOPIS OfferingLululemon’s 1Q19 revenues grew 20.4% year over year to $782.3 million, beating the StreetAccount estimate of $756.1 million. The company reported 1Q19 EPS of $0.74, up 34.5% from the year-ago period, ahead of the consensus estimate of $0.70. Read More
Company Earnings Update | June 14, 2019 Register for Free Access RH (NYSE: RH) 1Q19 Results: Strong Revenues Inspire Raised GuidanceRH reported 1Q19 revenues of $598.4 million, 7.4% growth year over year and beating the $583.7 million consensus estimate. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Tesco (LSE: TSCO) 1Q20 Trading Update: UK Comps Decelerate, Central Europe Sales Continue to SlideTesco reported a 1Q20 trading update for the 13 weeks ended May 25, 2019, with group comparable sales missing the consensus estimate. UK and Ireland comparable sales grew 0.8% year over year, excluding fuel and VAT, slower than the 1.9% growth in the previous quarter and in-line with the consensus estimate. Read More
Insight Report | June 13, 2019 Premium Cleantech and Retail: Technology Offers Solutions for Some of Retail’s Most Vexing Sustainability Problems“Cleantech,” or clean technology, makes use of renewable materials and energy sources, reduces the use of natural resources, and cuts or eliminates emissions and waste Read More
Company Earnings Update | June 13, 2019 Register for Free Access Inditex (BME: ITX) 1Q19 Results: Mixed Results, Expands into New Markets Online and In-StoreInditex reported 1Q19 revenues of €5.93 billion, lower than the consensus estimate of €6.09 billion and up 4.8% from the year-ago period. The company reported earnings per share (EPS) of €0.24, up 10.3% from the year-ago period of €0.21, and even with the consensus estimate. Read More
Company Earnings Update | June 13, 2019 Register for Free Access Boohoo Group (LSE: BOO) 1Q20 Update: Beats on Revenue, Maintains FY20 OutlookBoohoo Group reported 1Q20 total sales of £254.3 million, up 39% year over year at constant exchange rates and as reported, and beating the consensus estimate of £253.7 million recorded by StreetAccount. Read More
Insight Report | June 13, 2019 Premium Supply Chain Briefing: Blockchain Brings Traceability and Product Authenticity to the Supply ChainBlockchain is a promising technology that offers improvement to retailers’ supply chains through better traceability of products, prevention of counterfeiting and improved customer experience. Read More
Company Earnings Update | June 12, 2019 Register for Free Access Canada Goose (NYSE: GOOS) 4Q19 Results: Grows Revenues 25%; Guides for Growth of at Least 20% in FY20Canada Goose reported adjusted EPS of C$0.09 for 4Q19, beating the consensus estimate of C$0.05, and revenues of C$156.2 million, missing the consensus estimate of C$157.5 million. Read More
Company Earnings Update | June 12, 2019 Register for Free Access VF Corporation (NYSE: VFC) 4Q19 Results: Spins Off Kontoor Brands, Adjusts OutlookVF Corp. total revenues were $3.21 billion, up 5.5% year over year (9% at constant currency), in line with the consensus estimate. Adjusted EPS declined 10.4% to $0.60, beating the $0.58 consensus estimate. Read More
Event Coverage | June 12, 2019 Register for Free Access ICSC RECon 2019: Five Ways to Reinvent Brick-and-Mortar RetailThe Coresight Research team attended and participated in the International Council of Shopping Centers (ICSC) 2019 RECon event, in Las Vegas, May 19-22. Read More
