Company Earnings Update | May 5, 2019 Register for Free Access Hanesbrands (NYSE: HBI) 1Q19 Results: Strong Champion Sales Propelled GrowthHanesbrands reported robust 1Q19 revenue growth driven by US activewear and Champion subsidiary sales. Read More
Company Earnings Update | May 3, 2019 Register for Free Access The Macerich Company (NYSE: MAC) 1Q19 Results: Beats Estimates, Raises/Reaffirms 2019 GuidanceMacerich reported 1Q19 results that beat consensus revenue and FFO estimates and raised/reaffirmed its 2019 EPS and FFO guidance. Read More
Event Coverage | May 3, 2019 Register for Free Access Shoptalk 2019 Startup Pitch RecapThe Coresight Research team was in Las Vegas attending and participating in the Shoptalk 2019 conference, March 3-6. In this report, we profile the 15 innovative retail-technology companies that competed in Shoptalk’s Startup Pitch. Read More
Insight Report | May 3, 2019 Premium 30 Global Retail Cities: VancouverThe retail sector in Vancouver is growing as international retailers continue to flock to the city: More than two million square feet are currently being developed into retail space to be integrated into residential complexes. Read More
Analyst Corner | May 3, 2019 Register for Free Access WEINSWIG’S WEEKLY MAY 3 2019This week, Deborah Weinswig discusses the slowing of growth in two aspects of Amazon’s retail business, and wonders whether that might be the reason the online giant is bringing one-day delivery to the US. Read More
Store Tracker | May 3, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 18: Carter’s Looks to Open StoresYear to date in 2019, US retailers have announced 6,150 store closures and 2,671 store openings. UK retailers have announced 321 store closures and 368 store openings. Read More
Company Earnings Update | May 3, 2019 Register for Free Access Clorox (NYSE: CLX) 3Q19 Results: Misses Estimates on Sales, Beats on EPSClorox reported net sales of $1.55 billion for the three months ended March 31, 2019, up 2.2% year over year, missing the consensus estimate of $1.57 billion. The increase in net sales was driven by the acquisition of Nutranext, a dietary supplements company, in April 2018. Read More
Company Earnings Update | May 3, 2019 Register for Free Access CVS Health (NYSE: CVS) 1Q19 Results: Strong Aetna Performance Boosts Revenues, Prompts Guidance RaiseCVS reported revenues of $61.6 billion, up 34.8% year over year and above the $60.4 billion consensus estimate recorded by S&P Capital IQ, in the first quarter, ended March 31. Read More
Company Earnings Update | May 3, 2019 Register for Free Access Zalando (XTRA: ZAL) 1Q19 Results: Higher Fulfillment and Administrative Costs Hurt Profits; Guidance IntactZalando reported strong growth in revenues but posted a net loss for the first quarter of 2019. Sales of €1.38 billion were up 15.2% year over year and in line with the consensus estimate. GMV was up 23.1% to €1.76 billion. Read More
Company Earnings Update | May 3, 2019 Register for Free Access Pitney Bowes (NYSE: PBI) 1Q19 Results: Mixed Results, Reduces Guidance Due to Ongoing Execution ChallengesPitney Bowes reported 1Q19 revenues that beat consensus estimates but missed on EPS and reduced annual guidance to ongoing executiin challenges. Read More
Event Presentation | May 2, 2019 Premium Hidden Revenue Leakage: How Retailers Are Losing Market Share While Growing Online Sales (Market Beyond Webinar)The presentation has two parts: the first part is a presentation on the retail industry by Coresight and the second part is a presentation on hidden revenue leakage by Market Beyond. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Under Armour (NYSE: UAA) 1Q19 Results: Revenue and EPS Beat Consensus Estimates; Company Updates Outlook for FY19Under Armour reported 1Q19 sales of $1.20 billion, ahead of the consensus estimate of $1.18 billion, and EPS of $0.05, beating the consensus estimate of $0.00. Read More
Insight Report | May 2, 2019 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. Read More
Company Earnings Update | May 2, 2019 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. Read More
Company Earnings Update | May 2, 2019 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. Read More
