Flash Report | March 10, 2016 Register for Free Access Carrefour (EPA: CA) FY15 Results: Southern Europe and Latin America Strengthen ResultsCarrefour reported that net sales increased by 3.0% in FY15, to €76.9 billion, which was below the consensus estimate of €77.6 billion. Recurring operating income increased by 2.4%, to €2.4 billion, just below consensus. Adjusted net income also grew, by 7.1%, to €1.1 billion, slightly below consensus. Read More
Company Earnings Update | March 3, 2016 Register for Free Access Kroger KR 4Q2015 Results by FBIC Global Retail Tech Mar. 3 2016Kroger reported 4Q15 revenues of $26.2 billion, up 3.8% year over year and slightly below the consensus estimate of $26.3 billion. EPS was $0.57, beating the consensus estimate by three cents. Read More
Company Earnings Update | March 3, 2016 Register for Free Access Ahold (AMS: AH) FY15 Results: Revenue and Earnings Beat ExpectationsAhold reported FY15 diluted EPS of €1.02, an increase of 52.2% year over year and above the consensus estimate of €1.00. The company reported that revenue increased by 16.6%, to €38.2 billion, above consensus of €37.7 billion. Read More
Company Earnings Update | February 24, 2016 Register for Free Access Target (TGT) 4Q15 Results: Strong Digital Channel Sales Contributed to Comp GrowthTarget reported 4Q15 revenues of $21.6 billion, down 0.6% from $21.8 billion in the year-ago quarter and in line with consensus estimates. Positive comps were offset by the impact of the sale of the pharmacy business to CVS Health. Read More
Company Earnings Update | February 10, 2016 Register for Free Access Whole Foods Market (WFM) 1Q16 Results: Comps Have Decelerated in 2QWhole Foods reported 1Q16 EPS of $0.46 versus the consensus estimate of $0.40. Read More
Flash Report | January 29, 2016 Register for Free Access Colgate-Palmolive (CL) Fourth-Quarter FY2015 Results: Solid Organic Growth in a Difficult EnvironmentColgate-Palmolive reported solid 5.0% organic fourth-quarter 2015 revenue growth, led by emerging markets, however sales were a shade below the consensus estimate. Read More
Company Earnings Update | January 22, 2016 Register for Free Access Ahold (AH) Beats ExpectationsAhold reported healthy net sales growth of 4.3% in the fourth quarter (excluding fuel, at constant rates adjusted for an extra week) and growth of 3.8% for the fiscal year through December 31, 2015, beating expectations. Read More
Insight Report | November 20, 2015 Premium The Ahold-Delhaize Merger: Complementary Businesses with opportunities for growthAhold and Delhaize’s merger is expected to close in mid-2016 creating one of the largest food retailers in the US and a major player in Europe. Read More
Event Presentation | November 15, 2015 Premium Disruptors – Physical and Digital– CVS Health: 37% of 2014 capex was on technology and other corporate initiatives – Nordstrom: 35% of 2014 capex; plans to spend $4.3 billion (5% of sales) over next five years – Walmart: 29% of 2014 US capex; spending “$1.2–$1.5 billion in e-commerce websites and mobile commerce applications” – Home Depot: “Tilting investments towards interconnected retail and technology Read More
Flash Report | October 29, 2015 Register for Free Access Kroger INVESTOR DAY HighlightsKroger, the nation’s largest operator of traditional supermarkets, held its annual investor day on October 27in New York. The company’s general strategy is to improve the in-store experience and develop a personalized offering through the expansion of its e-commerce capabilities. Read More
Flash Report | October 7, 2015 Register for Free Access Tesco First Half: The Reset Starts to Bear FruitIn the first half of fiscal year 2016, Tesco’s group sales (excluding fuel) were down 1.9% in British pounds, or down 0.3% at constant exchange rates. Read More
Flash Report | October 6, 2015 Register for Free Access Supervalu CEO Sam Duncan Announces Plan to RetireOn October 1, Supervalu announced that Sam Duncan had informed the company’s board that he will retire as President and CEO on February 29, 2016, following the end of the company’s fiscal year. Read More
Flash Report | September 30, 2015 Register for Free Access Metro Group Gears Up Its Logistics to Fit Multi-Channel and Fresh ProduceOn September 18, Metro Group announced that it would make a substantial investment in modernizing its logistics infrastructure to support its German Metro Cash & Carry and Real operations. The company did not disclose the investment amount, but its press release referred to a “high double-digit million euro amount.” Read More
Flash Report | September 17, 2015 Register for Free Access Target to Pilot Test Grocery Delivery with InstacartOn September 15, Target announced a partnership with Instacart to offer delivery of groceries purchased online in as little as an hour within the Minneapolis metropolitan area. 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
