Company Earnings Update | March 7, 2019 Register for Free Access Ross Stores (NYSE: ROST) Fiscal 4Q18 Results: Beats Estimates, Plans to Open 100 Stores in 2019Ross Stores reported fiscal 4Q18 revenues of $4.1B, up 1% YoY and above the $4.0B consensus estimate. The company’s comparable sales were up 4% in 4Q18 as compared to a 5% increase in 4Q17. For fiscal 1Q19, Ross Stores forecasts comparable sales growth of flat to up 2% and projects EPS to be $1.05–$1.11. The company plans to add 22 new Ross Dress for Less (Ross) and 6 dd’s DISCOUNTS stores in 1Q19. The company plans to open about 100 new stores in 2019, consisting of approximately 75 Ross and 25 dd’s DISCOUNTS locations. Read More
Company Earnings Update | March 7, 2019 Register for Free Access Dollar Tree (NASDAQ: DLTR) 4Q18 Results: Beats on Comps and EPS, Announces 2019 Store Optimization Plan of Renovations and ClosuresDollar Tree reported 4Q18 results that beat expectations on comps and EPS. The company announced a “store optimization program” for Fmaily Dollar that includes the renovation of 1,000 stores, the rebannering of 200 stores, and the closure of up to 390 stores. 2019 guidance was below consensus. Read More
Company Earnings Update | March 7, 2019 Register for Free Access BJ’s Wholesale Club (NYSE: BJ) 4Q18 Earnings: Beats Consensus Estimates, Light GuidanceBJ’s Wholesale Club reported 4Q18 results beating consensus estimates and offered 2019 guidance below consensus. Revenues were $3.42B, beating consensus of $3.36B, comps ex gasoline were +2.9%, and adjusted EPS was $0.44, beating consensus of $0.36. 2019 revenue guidance of $12.9-$13.2B is below consensus of $13.37B; comps are expected to be +1.5%-2.5%. Read More
Insight Report | March 7, 2019 Premium January 2019 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics that reflect consumer demand in the US, the UK and China. In these updates, we focus on direct, leading indicators of the health of the consumer economy. Read More
Insight Report | March 7, 2019 Premium Insights from China: Leveraging the Power of Douyin (TikTok) to Reach and Engage Young Chinese ConsumersDouyin, known as TikTok overseas, is a short video app which allows users to share short videos. The Beijing-based Internet company ByteDance launched the app in 2016 and its international version TikTok a year later. The app gained traction rapidly. Read More
Event Coverage | March 6, 2019 Register for Free Access Shoptalk 2019, Day 3 Innovator Insights: Last-Mile Delivery, Beyond Search and Discovery and Solving Online ReturnsThe Coresight Research is in Las Vegas this week, attending and participating in the Shoptalk 2019 conference, March 3-6. Read More
Event Coverage | March 6, 2019 Register for Free Access Shoptalk Day 3 Coresight Research Insights: Hearing from Old Navy and HBC on Omnichannel; Tapestry and Lowe’s on Knowing Your CustomerOmnichannel execution is a process worth perfecting, but there’s still a lot of work to be done. The evolution of the physical store into an omnichannel strategy requires new KPIs and cultural change. Read More
Company Earnings Update | March 6, 2019 Register for Free Access Target Corp. (NYSE: TGT): 4Q18 Results Beat Expectations, Guides Up and Holds an Upbeat Investor MeetingTarget reported flat 4Q18 total revenues of $22.98 billion, with sales below consensus, however, the year-ago quarter included one extra week ($1.2 billion) of sales. Adjusted EPS was $1.53, beating consensus by a penny. Comps grew 5.3%, beating consensus. Digital sales grew 31%. Read More
Market Navigators/Market Outlook | March 5, 2019 Premium Sector Overview: Consumer Packaged Goods — Demand Is Strong, but Companies Must Be Agile to Meet Consumers’ NeedsEach of our Sector Overview reports provides an essential briefing on a sector or market. In this report, we review the global consumer packaged goods (CPG) market. Read More
Event Coverage | March 5, 2019 Register for Free Access Shoptalk 2019: Innovator Insights from Day 2 — VR and AR Bring “Real World” Shopping to E-Commerce; Computer Vision Enables Product Discovery; Localization Supports Offline-Online IntegrationThe Coresight Research is in Las Vegas this week, attending and participating in the Shoptalk 2019 conference, March 3-6. These are just a few of the innovative technologies we saw at the show. Read More
Deep Dive | March 5, 2019 Premium A Guide to Entering China for Foreign Brands and Retailers, Part 3: Breaking into the China Market — Optimizing Marketing and Promotional Strategies for Singles’ DayIn this is the third report in our series A Guide to Entering China for Foreign Brands and Retailers, we focus on how foreign brands can use Singles’ Day as a springboard to enter China, leveraging our proprietary data on brands’ sales performance on Singles’ Day 2018 on Tmall. Read More
Flash Report | March 5, 2019 Register for Free Access Alibaba Forms Strategic Collaboration with Office Depot to Serve US BusinessesAlibaba Group’s business-to-business (B2B) trading platform Alibaba.com announced a strategic collaboration with the US business services and supplies company Office Depot. Read More
Insight Report | March 5, 2019 Premium 2019 Tax Tracker #4: Filings Catch Up and Average Refund Now Up Year Over YearUS income tax refund tracker: Filings are catching up after initial slow rate, and average refund amounts are now up year on year Read More
Event Coverage | March 5, 2019 Register for Free Access Day 2 at Shoptalk Coresight Research Insights: Hearing from Levi’s On Personalization; and Using AI to Deepen Connections with CustomersPersonalization is growing in importance to create authentic consumer to brand relationships. Brands and retailers going global are localizing more than ever in other markets. Read More
Question of the Week | March 4, 2019 Free Report QOTW: Why Do Amazon Apparel Shoppers Buy Clothing and Footwear on Amazon?Question of the Week March 4 2019 – Why Do Amazon Apparel Shoppers Buy Clothing and Footwear on Amazon? Read More
