Company Earnings Update | May 12, 2016 Register for Free Access Nordstrom (JWN) 1Q16 Results: Big Earnings Miss; FY16 Guidance Lowered to Reflect Softening Industry DynamicsNordstrom announced 1Q16 diluted EPS of $0.26, far below the consensus estimate of $0.45. The disappointing results were driven by sales that were lower than planned and by higher markdowns intended to better align inventory positions with softening industry trends. Read More
Company Earnings Update | May 10, 2016 Register for Free Access Macy’s (M) 1Q16: Guidance Reduced Due to Continued Weak SpendingMacy’s reported FY1Q16 adjusted EPS of $0.40 versus consensus of $0.38. Read More
Flash Report | May 3, 2016 Register for Free Access Burlington (BURL) 4Q15 Results: Revenues in Line, Beats on EPS, Outlook in LineBurlington reported 4Q15 revenues of $1.5 billion, up 3.5% and in line with the consensus estimate. Comparable store sales increased by 0.1%, which was above the flat consensus expectation and above guidance. Read More
Event Presentation | April 20, 2016 Premium Retail UpdateObesity affects 1/3 of Americans; the number of overweight women in the UK increased from 49% to 57% between 1993 and 2013 • Beauty norms are changing—“real people” models • E-commerce and social media • Plus-size wearers crave fashionable clothing Read More
Flash Report | April 14, 2016 Register for Free Access Debenhams (LSE: DEB) 1H16 Results: Pretax Profit Up 5.5%, CEO Confirms ExitBritish department store chain Debenhams reported revenue of £1,327 million for 1H16 (ended February 2016), up 0.1% from 1H15. Gross transaction value (GTV) grew by 1.6% year over year, to £1,629 million, broadly in line with consensus. Read More
Flash Report | March 23, 2016 Register for Free Access Nordstrom (JWN) Names Private Tech-Company CEO Kumar Srinivasan as Chief Technology OfficerToday, Nordstrom announced that Kumar Srinivasan joined the company as Chief Technology Officer (CTO). Read More
Company Earnings Update | February 23, 2016 Register for Free Access Macy’s (M) 4Q15 Results: Sales Picked Up in January as the Weather Turned ColderMacy’s reported 4Q15 EPS of $2.09, excluding items, versus the consensus estimate of $1.89. Read More
Company Earnings Update | February 18, 2016 Register for Free Access Nordstrom (JWN) 4Q15 Results: Soft Outlook Based on Current Sales TrendsNordstrom reported 4Q15 EPS of $1.17, excluding items, versus the consensus estimate of $1.22. Read More
Company Earnings Update | November 4, 2015 Register for Free Access MARKS & SPENCER FIRST HALF DASHES HOPES OF RECOVERY IN APPARELGroup sales were up 1.4% at constant exchange rates, or 1.0% in British pounds. Read More
Insight Report | September 16, 2015 Premium Morrisons Dissecting Its New DirectionFaltering UK grocer Morrisons has unveiled a new strategy that effectively means rowing back on some of the changes it has introduced in recent years. Read More
Flash Report | September 14, 2015 Register for Free Access Macy’s Store Closures UpdateMacy’s announced plans to close 35 to 40 underperforming stores, which generate combined sales of roughly $300 million Read More
Company Earnings Update | May 20, 2015 Register for Free Access Marks & Spencer Full-Year Results: Finally Turning a Corner?Marks & Spencer (M&S) has posted an annual increase in pretax profits for the first time since 2011. Underlying pretax profits rose 6.1% to £661 million in the year ending March 28, 2015. Read More
