Company Earnings Update | August 21, 2018 Register for Free Access Estée Lauder (EL) Fiscal 4Q18 Results: Beats Estimates and Guides for Continued Above-Market GrowthEstée Lauder reported fiscal 4Q18 adjusted EPS of $0.61, beating consensus by a nickel and up 19.9% year over year. Revenues were $3.30 billion, up 14.1% year over year and beating the consensus estimate of $3.25 billion. Read More
Insight Report | August 20, 2018 Premium CVS and Walgreens — Head to HeadCVS Health and Walgreens Boots Alliance are the two largest pharmacy companies in the US. They each posted over $100 billion in revenues in 2017, and both operate more than 9,000 stores worldwide. Read More
Insight Report | August 20, 2018 Premium July 2018 UK Retail Sales: Solid Growth Sustained; Online Sales Remain RobustThe UK retail sector enjoyed robust volume growth in July, with sales up 4.0% year over year in real terms. Read More
Company Earnings Update | August 20, 2018 Register for Free Access Tencent (0700.HK) 2Q18 Results: Slowed Revenue Growth with Gaming in DeclineTencent reported 2Q18 revenues of ¥73.7 billion ($11.1 billion), up 30.2% year over year. Non-GAAP diluted EPS was ¥2.06, an increase of 19.8% year over year. The results were largely driven by payment-related services, digital content subscriptions and sales, social and others advertising, and smartphone games. Read More
Analyst Corner | August 17, 2018 Register for Free Access Weinswig’s Weekly Aug 17, 2018This week’s note “From the Desk of Deborah Weinswig” discusses how athleisure and sneaker culture are changing mainstream fashion. Read More
Store Tracker | August 17, 2018 Databank Members Weekly Store Openings and Closures Tracker 2018, Week 33: Casper Sleep to Open 200 Stores in the Next Three YearsYear-to-date 2018, the number of US store closure announcements stands at 4,379 and the number of store openings is 2,367. Year to date in the UK, there have been 1,196 store closure announcements and 657 store opening announcements. Read More
Company Earnings Update | August 17, 2018 Register for Free Access Walmart (WMT) Fiscal 2Q19 Results: Beats on Revenues, Comps and EPS; Raises GuidanceWalmart reported fiscal 2Q19 adjusted EPS of $1.29, up 19.4% from $1.08 in the year-ago quarter and beating the $1.22 consensus estimate. Total revenues were $128.0 billion, up 3.8% year over year and ahead of the consensus estimate of $126.0 billion. Read More
Event Coverage | August 17, 2018 Register for Free Access The Fanny Pack Is Back and Other Top Takeaways from MAGIC Las Vegas 2018This week, the Coresight Research team is attending MAGIC Las Vegas 2018, one of the most comprehensive trade shows covering men’s, women’s and children’s apparel, accessories and footwear. Here are our key takeaways from the second day of the event: Read More
Company Earnings Update | August 17, 2018 Register for Free Access Nordstrom (JWN) Fiscal 2Q18 Results: Company Beats Expectations and Raises GuidanceNordstrom reported fiscal 2Q18 revenues of $4.07 billion, up 7.2% year over year and above the consensus estimate of $3.90 billion. Diluted EPS was $0.95, up 46.2%% from the year-ago quarter and above the consensus estimate of $0.84. Read More
Company Earnings Update | August 17, 2018 Register for Free Access Macy’s (M) 2Q18 Results: Beats on Revenues, EPS and Comps, Raises GuidanceMacy’s reported 2Q18 adjusted EPS of $0.70, beating the $0.51 consensus estimate. Revenues were $5.57 billion, down 1.1% year over year but beating the consensus estimate of $5.55 billion. Read More
Insight Report | August 17, 2018 Premium July 2018 US Retail Sales and Traffic: Status Quo Continues with YoY Increase in Total Retail Sales and Decline in Store TrafficTotal seasonally-adjusted retail sales increased by 6.0% year over year in July, according to the US Census Bureau. Read More
Company Earnings Update | August 17, 2018 Register for Free Access JCPenney (JCP) 2Q18 Results: Earnings Miss, Net Sales Negatively Impacted by Store Closures; Company Lowers GuidanceJCPenney reported 2Q18 net sales of $2.76 billion, down 7.5% year over year and below the $2.81 billion consensus estimate. Adjusted EPS was $(0.32), down from $(0.15) from the year-ago quarter and below the $(0.05) consensus estimate. Read More
Event Coverage | August 16, 2018 Register for Free Access “Purchase-Now, Manufacture Now” and Other Top Takeaways from MAGIC Las Vegas 2018This week, the Coresight Research team is attending MAGIC Las Vegas 2018, one of the most comprehensive trade shows covering men’s, women’s and children’s apparel, accessories and footwear. Here are our key takeaways from the first day of the event: Read More
Company Earnings Update | August 16, 2018 Register for Free Access Home Depot (HD) 2Q18 Results: Beats on EPS and Same-Store Sales, Raises Full-Year OutlookHome Depot reported 2Q18 EPS of $3.05, up from $2.25 in the year-ago quarter and ahead of the $2.84 consensus estimate. Total revenues were $30.46 billion, up 8.4% year over year and ahead of the $30.03 billion consensus estimate. Read More
Event Coverage | August 15, 2018 Register for Free Access Mental Health and Chinese Medicine: Key Takeaways from the Healthy Hour Series DiscussionCoresight Research recently cohosted a Wellness Series podcast titled, “All Possibilities Live—Body Belief with Aimee Raupp,” with Mouthmedia Network, a premiere podcast network focused on the business of various lifestyle industries. The All Possibilities podcast was created and hosted by Julie Chan to explore the intersection of spirituality, business and science. This event focused on spiritual and unconventional approaches to pregnancy and health. Here, we share our top takeaways from the event: Read More
