Company Earnings Update | October 11, 2017 Register for Free Access Takeaways from Walmart’s 2017 Investment Community Meeting: Moving with SpeedThe FGRT team attended Walmart’s 2017 Investment Community Meeting, held near the company’s headquarters in Bentonville, Arkansas, this week. Selected takeaways from the meeting include: Read More
Company Earnings Update | October 6, 2017 Register for Free Access TESCO (LSE: TSCO) 1H18 Results: Sustained Growth, Better Comps, Fatter MarginsTesco reported group revenues of £28.35 billion for the first half of fiscal 2018, up 3.7% year over year and ahead of consensus. Read More
Company Earnings Update | October 6, 2017 Register for Free Access Costco Wholesale (COST) Fiscal 4Q17 Results: Beats on the Top and Bottom LinesCostco reported fiscal 4Q17 EPS of $2.08, up 17.9% from the year-ago quarter and beating the consensus estimate of $2.02. Revenues were $42.3 billion, up 15.7% year over year and beating the consensus estimate of $41.63 billion. Read More
Company Earnings Update | September 15, 2017 Register for Free Access Morrisons (LSE: MRW) 1H18 Results: Strong Comp Growth Feeds into Double-Digit Profit UpliftMorrisons reported continued strong comparable store sales growth in 1H18 and it is outpacing major rivals, as measured by comparable store sales. Read More
Deep Dive | September 4, 2017 Premium US Online Grocery Update—Reviewing the Shifting LandscapeThe US grocery market is estimated to be worth around $1 trillion in 2017, but only around 2% of that will be spent online. Read More
Company Earnings Update | September 1, 2017 Register for Free Access Carrefour (ENXTPA: CA) 1H17 Results: Profits Fall, Warns of Impact on Full-Year Results and Lowers Sales OutlookCarrefour reported 1H17 net sales up by 6.2%, or a 3.2% increase at constant currency. Read More
Flash Report | August 24, 2017 Register for Free Access Amazon’s Bid to Acquire Whole Foods Gains FTC ApprovalOn June 16, Amazon announced the signing of a definitive agreement to acquire Whole Foods Market for $13.7 billion in cash. Read More
Deep Dive | August 22, 2017 Premium The Clone Wars: Amazon Go–Type Stores Already Open for Business in ChinaWhile the concept of automatic or unstaffed stores goes back more than 100 years, Amazon recaptured our visions of the store with its first Amazon Go store. However several retailers in China have sprinted ahead and already robotically welcomed customers into their cashierless stores. Read More
Company Earnings Update | August 18, 2017 Register for Free Access Walmart (WMT) Fiscal 2Q18 Results: Beats Consensus and Raises GuidanceWalmart reported fiscal 2Q18 adjusted EPS of $1.08, up from $1.07 in the year-ago quarter and beating the $1.07 consensus estimate. Total revenues were $123.4 billion, up 2.1% year over year and beating the consensus estimate of $122.8 billion. Read More
Company Earnings Update | August 17, 2017 Register for Free Access Target (TGT) 2Q17 Results: Beats Expectations, Traffic Trends Are PositiveTarget reported 2Q17 total revenues of $16.4 billion, up 1.6% year over year and above the $16.3 billion consensus estimate. Adjusted EPS was $1.23, compared with $1.23 in the year-ago quarter and above the $1.19 consensus estimate. Read More
Flash Report | August 1, 2017 Register for Free Access Walmart and JD.com Expand Strategic Partnership in ChinaWalmart and JD.com, China’s largest e-commerce company by revenues, announced that they are expanding the strategic partnership formed last year by further integrating their respective platforms, supply chains and customer resources. Read More
Company Earnings Update | July 28, 2017 Register for Free Access Groupe Casino (EPA:CO) 1H17 Results: Strong Growth in Revenues Lifts Full-Year Trading Profit TargetCasino reported 1H17 revenues of €18,598 million, up by 9.7% from 1H16 and up by 3.1% on an organic basis, and slightly below the consensus estimate of €18,875 million. Read More
Company Earnings Update | July 28, 2017 Register for Free Access DIA (BME: DIA) 1H17 Results: Strong Performance in Emerging Markets Lifts SalesDIA reported 1H17 sales of €4,288 million, below the consensus estimate of €4,316.9 million, up by 3.4% as reported, and by 1.0% excluding currency effects. Read More
Company Earnings Update | July 27, 2017 Register for Free Access Whole Foods Market (WFM) Fiscal 3Q17 Results: Same-Store Sales Declines Persist Ahead of Pending Takeover by AmazonWhole Foods Market reported fiscal 3Q17 adjusted EPS of $0.36, ahead of the $0.33 consensus estimate but down 2.7% year over year. Total revenues were $3.73 billion, in line with the consensus estimate and up 0.6% from the year-ago quarter. Read More
Company Earnings Update | July 14, 2017 Register for Free Access Groupe Casino (EPA: CO) 2Q17 Update: LatAm Continues to Boost Sales, France Sees GrowthCasino reported 2Q17 revenues up by 7.9% from the previous year, comfortably beating the consensus estimate. Comps grew by 3.0%, above the consensus estimate of 2.3%. Read More
