The Coresight Research Corporate and Financial Developments Databank includes details of management changes, financial guidance updates and capital raised by major retail companies. Several of these metrics are tracked for companies in the Coresight 100, our focus list of retailers and brand owners, spanning the US, Europe, Asia and Australia. Our data analysts regularly check for relevant company updates. The Corporate and Financial Developments Databank includes: Management Changes at Selected Major Retail Companies: Changes of leadership at Coresight 100 companies, from the beginning of the Covid-19 outbreak. Financial Guidance Updates by Selected Major Retail Companies: Details of financial guidance revision and withdrawal by Coresight 100 companies. Capital Raising by Selected Major Retail Companies: Details of debt and equity raising actions by Coresight 100 companies. Layoff Announcements by Major Retail Companies: Details of plans to lay off staff by major retail companies worldwide, from the beginning of the Covid-19 outbreak. Layoff Announcements by Major Tech Companies: Details of plans to lay off staff by major technology companies worldwide, from October 2022. Furlough Announcements by Major Retail Companies (Archived): Details of plans to furlough staff by major retail companies during the height of the Covid-19 crisis; now archived. Management Changes at Selected Major Retail Companies Company Name Date Name Leave/Join Company (From) Title (From) Company (To) Title (To) Ulta Beauty, Inc. 9/18/2023 Kecia L. Steelman - Ulta Beauty, Inc. Chief Operating Officer Ulta Beauty, Inc. President and COO Academy Sports and Outdoors, Inc 9/18/2023 Heather Davis Leave Academy Sports and Outdoors, Inc SVP (Accounting, Treasury and Tax) and Principal Accounting Officer - - Academy Sports and Outdoors, Inc 9/18/2023 Earl Carlton Ford, IV - Academy Sports and Outdoors, Inc EVP and CFO Academy Sports and Outdoors, Inc EVP, CFO and Principal Accounting Officer Nordstrom, Inc. 9/13/2023 Jamie Nordstrom - Nordstrom, Inc. Chief Stores Officer Nordstrom, Inc. Chief Merchandising Officer Nordstrom, Inc. 9/13/2023 Fanya Chandler - Nordstrom, Inc. SVP and Regional Manager (Southwest) Nordstrom, Inc. President (Nordstrom Stores) Nordstrom, Inc. 9/13/2023 Gemma Lionello - Nordstrom, Inc. SVP and Regional Manager (Northeast) Nordstrom, Inc. President (Nordstrom Rack) Macy’s, Inc. 9/12/2023 Olivier Bron Join Central and Robinson Department Stores CEO Macy’s, Inc. CEO (Bloomingdale’s) Sprouts Farmers Market, Inc 9/11/2023 James Bahrenburg Join Good Food Holdings, LLC, Chief Information Officer Sprouts Farmers Market, Inc Chief Technology Officer BJ’s Wholesale Club 9/11/2023 Anjana Harve Join Fresenius Medical Care Global Chief Information Officer BJ’s Wholesale Club EVP, Chief Information Officer Alibaba Group Holding Limited 9/10/2023 Eddie Wu - Alibaba Group Holding Limited CEO (Alibaba Group) Alibaba Group Holding Limited CEO and Chairman (Alibaba Cloud Intelligence Group) Alibaba Group Holding Limited 9/10/2023 Daniel Zhang Leave Alibaba Group Holding Limited CEO and Chairman (Alibaba Cloud Intelligence Group) - - The Estee Lauder Companies 9/5/2023 Quentin Roach Join Mondelez International SVP (Global Supply Chain) and Chief Procurement Officer The Estee Lauder Companies SVP and Chief Procurement Officer Dollar Tree, Inc. 9/5/2023 Aditya Maheshwari Join Under Armour SVP (Finance) and Chief Accounting Officer Dollar Tree, Inc. SVP and Chief Accounting Officer Walgreens Boots Alliance, Inc 9/1/2023 Ginger L. Graham - Walgreens Boots Alliance, Inc Lead Independent Director Walgreens Boots Alliance, Inc Interim CEO Walgreens Boots Alliance, Inc 9/1/2023 Rosalind Brewer Leave Walgreens Boots Alliance, Inc CEO - - Reckitt Benckiser 9/1/2023 Kris Licht - Reckitt Benckiser President (Health) and Chief Customer Officer Reckitt Benckiser CEO Reckitt Benckiser 9/1/2023 Nicandro Durante Leave Reckitt Benckiser CEO - - Dollar General Corporation 8/31/2023 Rod West - Dollar General Corporation SVP (Distribution) Dollar General Corporation EVP (Global Supply Chain) Crocs, Inc. 8/31/2023 Erinn Murphy Join Piper Sandler MD (Consumer Equity Capital Markets) Crocs, Inc. SVP (Investor Relations and Corporate Strategy) Dollar Tree, Inc. 8/28/2023 Jonathan Leiken Join Diebold Nixdorf, Inc., EVP, Chief Legal Officer and Secretary Dollar Tree, Inc. EVP, Chief Legal Officer and Secretary Floor & Decor Holdings, Inc. 8/28/2023 Brian Robbins Leave Floor & Decor Holdings, Inc. EVP(Business Development Strategy) - - Walmart Inc. 8/16/2023 Kieran Shanahan - Walmart Inc. EVP(International Operations) and CEO(Walmart International) Walmart Inc. EVP and COO (Walmart US) Williams-Sonoma, Inc 8/18/2023 Monica Bhargava - Williams-Sonoma, Inc Chief Design Officer Williams-Sonoma, Inc President,( Pottery Barn) Columbia Sportswear Company 8/18/2023 Tom Gyles Join PVH Corp. SVP(International Logistics & Distribution) Columbia Sportswear Company SVP (Global Distribution Network), Canada VF Corporation 8/22/2023 Brent Hyder Join Salesforce President and Chief People Officer VF Corporation Chief People Office Foot Locker, Inc. 8/23/2023 Bryon Milburn - Foot Locker, Inc. SVP, GM Foot Locker and Kids Foot Locker Foot Locker, Inc. SVP,Chief Merchandising Officer Reckitt Benckiser Group plc 8/23/2023 Jeff Carr Leave Reckitt Benckiser Group plc CFO, Executive Director - - Reckitt Benckiser Group plc 8/23/2023 Shannon Eisenhardt Join NIKE, Inc CFO Reckitt Benckiser Group plc CFO, Executive Director Macy’s, Inc. 8/15/2023 Massimo Magni - McKinsey & Company, Inc. Senior Partner (NeXT Commerce) and Global Leader (Consumer Growth Practices) Macy’s, Inc. Chief Customer and Digital Officer Walmart Inc. 8/16/2023 Judith McKenna Leave Walmart Inc. President and CEO (Walmart International) - - Walmart Inc. 8/16/2023 Kathryn McLay - Walmart Inc. President and CEO (Sam’s Club US) Walmart Inc. President and CEO (Walmart International) Walmart Inc. 8/16/2023 Chris Nicholas - Walmart Inc. EVP and COO (Walmart US) Walmart Inc. President and CEO (Sam’s Club US) Columbia Sportswear Company 8/14/2023 Woody Blackford Join Canada Goose EVP, Chief Product Officer Columbia Sportswear Company SVP, Chief Product Officer (Columbia Brand) American Eagle Outfitters, Inc. 8/3/2023 Michael Rempell Leave American Eagle Outfitters, Inc. EVP, COO – – Walgreens Boots Alliance, Inc. 7/27/2023 James Kehoe Leave Walgreens Boots Alliance, Inc. EVP and Global CFO - - Walgreens Boots Alliance, Inc. 7/27/2023 Manmohan Mahajan - Walgreens Boots Alliance, Inc. SVP, Global Controller and Chief Accounting Officer Walgreens Boots Alliance, Inc. Interim Global CFO Walgreens Boots Alliance, Inc. 7/27/2023 Todd Heckman - Walgreens Boots Alliance, Inc. VP and Assistant Controller Walgreens Boots Alliance, Inc. Interim Global Controller Columbia Sportswear Company 7/31/2023 Tricia Shumavon Join Adidas AG Global VP (Women’s, Men’s and Kids Sportswear Apparel), Europe Columbia Sportswear Company President (prAna) Sprouts Farmers Market, Inc. 8/1/2023 Lawrence Molloy Leave Sprouts Farmers Market, Inc. CFO - - Herbalife Ltd. 8/2/2023 Stephan Gratziani - Herbalife Ltd. Independent Distributor (Founder's Circle) Herbalife Ltd. Chief Strategy Officer Herbalife Ltd. 8/2/2023 John DeSimone - Herbalife Ltd. Chief Strategy Officer Herbalife Ltd. Special Advisor Wayfair Inc. 7/20/2023 Bob Sherwin Leave Wayfair Inc. Chief Marketing Officer - - Wayfair Inc. 7/20/2023 Paul Toms - Wayfair Inc. Chief People Officer Wayfair Inc. Chief Marketing Officer Wayfair Inc. 7/20/2023 Ryan Gilchrist - Wayfair Inc. VP and Global Head (Central Talent) Wayfair Inc. Chief People Officer The Gap, Inc. 7/25/2023 Chris Blakeslee Join Alo Yoga and Bella+Canvas President (Alo Yoga and Bella + Canvas) The Gap, Inc. President and CEO (Athleta) Bath & Body Works, Inc. 7/25/2023 Eva Boratto Join Opentrons Labworks CFO Bath & Body Works, Inc. CFO Bath & Body Works, Inc. 7/25/2023 Wendy Arlin Leave Bath & Body Works, Inc. CFO - - The Gap, Inc. 7/26/2023 Richard Dickson Join Mattel, Inc. President and Chief Operating Officer The Gap, Inc. President and CEO The Gap, Inc. 7/26/2023 Bob Martin Leave The Gap, Inc. Interim CEO - - Kering SA 7/18/2023 Francesca Bellettini - Kering SA President, CEO (Yves Saint Laurent) Kering SA President, CEO (Yves Saint Laurent) and Kering Deputy CEO (Brand Development) Kering SA 7/18/2023 Marco Bizzarri Leave Kering SA President and CEO (Gucci) - - Kering SA 7/18/2023 Jean-François Palus - Kering SA Kering Group Managing Director Kering SA President and CEO (Gucci) Kering SA 7/18/2023 Jean-Marc Duplaix Kering SA CFO Kering SA Kering Deputy CEO (Operations and Finance) Koninklijke Ahold Delhaize N.V. 7/5/2023 Jolanda Poots-Bijl Join Van Oord CFO Koninklijke Ahold Delhaize N.V. CFO Under Armour, Inc. 6/29/2023 Aditya Maheshwari Leave Under Armour, Inc. SVP, Principal Accounting Officer - - Under Armour, Inc. 6/29/2023 David Bergman - Under Armour, Inc. CFO Under Armour, Inc. Principal Accounting Officer HanesBrands, Inc. 7/11/2023 Scott Lewis - HanesBrands, Inc. Interim CFO HanesBrands, Inc. CFO Academy Sports + Outdoors, Inc. 7/11/2023 Carl Ford - Academy Sports + Outdoors, Inc. SVP (Finance) Academy Sports + Outdoors, Inc. EVP and CFO Academy Sports + Outdoors, Inc. 7/11/2023 Michael Mullican - Academy Sports + Outdoors, Inc. EVP and CFO Academy Sports + Outdoors, Inc. President Target Corporation 7/12/2023 Lisa Roath - Target Corporation SVP (Food and Beverage Merchandising) Target Corporation EVP and Chief Marketing Officer Under Armour, Inc. 6/28/2023 James Dausch Join Marriott International, Inc. Chief Product and Digital Officer (Global) Under Armour, Inc. EVP and CCO Under Armour, Inc. 6/28/2023 Danny Miles - Under Armour, Inc. CTO Under Armour, Inc. EVP and CTO Under Armour, Inc. 6/28/2023 Colin Browne Leave Under Armour, Inc. COO - - Under Armour, Inc. 6/28/2023 Lisa Collier Leave Under Armour, Inc. Chief Product Officer - - Under Armour, Inc. 6/28/2023 Daniel Leraris - Under Armour, Inc. SVP, Head of Apparel Under Armour, Inc. Interim Chief Product Officer VF Corporation 6/28/2023 Drieke Leenknegt Join VF Corporation Global Chief Marketing Officer (Timberland) VF Corporation Global Chief Marketing Officer (Vans) Academy Sports and Outdoors, Inc. 6/22/2023 Matt McCabe - Academy Sports and Outdoors, Inc. SVP and General Merchandise Manager (Footwear) Academy Sports and Outdoors, Inc. EVP and Chief Merchandising Officer Alibaba Group Holding Limited’s 6/20/2023 Joseph Tsai - Alibaba Group Holding Limited’s Executive Vice Chairman Alibaba Group Holding Limited’s Chairman Alibaba Group Holding Limited’s 6/20/2023 Eddie Wu - Alibaba Group Holding Limited’s Chairman (Taobao and Tmall Group) Alibaba Group Holding Limited’s CEO Alibaba Group Holding Limited’s 6/20/2023 Daniel Zhang - Alibaba Group Holding Limited’s Chairman Alibaba Group Holding Limited’s Chairman and CEO (Alibaba Cloud Intelligence Group) VF Corporation 6/20/2023 Bracken Darrell Join Logitech International S.A. President and CEO VF Corporation President and CEO VF Corporation 6/20/2023 Benno Dorer - VF Corporation Interim President, CEO and Board Member VF Corporation Board Member VF Corporation 6/20/2023 Richard Carucci - VF Corporation Interim Chairman and Board Member VF Corporation Chair of the Board Lowe's Companies, Inc. 6/19/2023 Quonta (Que) Vance - Lowe's Companies, Inc. SVP (Transportation and Final Mile) Lowe's Companies, Inc. EVP (Pro and Home Services) Five Below, Inc. 6/14/2023 Kristy Chipman Join Ruth's Hospitality Group, Inc. EVP, CFO and COO Five Below, Inc. CFO and Treasurer PUMA SE 6/14/2023 Adam Petrick Leave PUMA SE Chief Brand Officer (Global) - - PUMA SE 6/14/2023 Richard Teyssier - PUMA SE GM, Europe PUMA SE GM, Europe and Director (Global Brand and Marketing) Columbia Sportswear Company 6/2/2023 Mark Nenow Leave Columbia Sportswear Company President (SOREL brand) - - Columbia Sportswear Company 6/2/2023 Craig Zanon - Columbia Sportswear Company SVP (Emerging Brands) Columbia Sportswear Company President (SOREL brand) Wayfair Inc. 6/7/2023 Steve Oblak Leave Wayfair Inc. Chief Commercial Officer - - Wayfair Inc. 6/7/2023 Jon Blotner Join Wayfair Inc. VP (Platform, Global Merchandising, Proprietary Brands and Advertising/Media) Wayfair Inc. Chief Commercial Officer NIKE, Inc. 5/24/2023 Heidi O’Neill - NIKE, Inc. President (Consumer and Marketplace) NIKE, Inc. President (Consumer, Product and Brand) NIKE, Inc. 5/24/2023 Craig Williams - NIKE, Inc. President (Jordan Brand) NIKE, Inc. President (Geographies and Marketplace) NIKE, Inc. 5/24/2023 Matthew Friend - NIKE, Inc. EVP and CFO NIKE, Inc. EVP (Procurement, Global Places & Services and Demand and Supply Management) and CFO NIKE, Inc. 5/24/2023 Sarah Mensah - NIKE, Inc. VP/GM (North America) NIKE, Inc. President (Jordan Brand) NIKE, Inc. 5/24/2023 Scott Uzzell - NIKE, Inc. CEO (Converse) NIKE, Inc. VP/GM (North America) NIKE, Inc. 5/24/2023 Andy Campion - NIKE, Inc. COO NIKE, Inc. Managing Director (Strategic Business Ventures) NIKE, Inc. 5/24/2023 Michael Spillane Leave NIKE, Inc. President (Consumer Creation) - - Signet Jewelers Limited 5/25/2023 Rob Ballew Join Krispy Kreme, Inc. VP (Investor Relations) Signet Jewelers Limited SVP (Investor Relations) Floor & Decor Holdings, Inc. 5/25/2023 Wayne Rader Bridgewater Associates Finance Operations Manager Floor & Decor Holdings, Inc. Chief Executive Merchant Dollar Tree, Inc. 5/26/2023 Randy Guiler Leave Dollar Tree, Inc. VP (Investor Relations) - - Dollar Tree, Inc. 5/26/2023 Robert LaFleur Join Chewy, Inc. VP and Head (Investor Relations) Dollar Tree, Inc. SVP (Investor Relations) Macy's, Inc. 5/26/2023 Elisa Garcia Leave Macy's, Inc. EVP, Chief Legal Officer and Secretary - - Unilever Plc 5/30/2023 Graeme Pitkethly Leave Unilever Plc CFO - - Unilever Plc 5/30/2023 Conny Braams Leave Unilever Plc Chief Digital and Commercial Officer Foot Locker, Inc. 5/19/2023 Mike Baughn Join Kohl’s Corporation EVP (Finance) and Treasurer Foot Locker, Inc. EVP and CFO Foot Locker, Inc. 5/19/2023 Robert Higginbotham - Foot Locker, Inc. Interim CFO Foot Locker, Inc. SVP (Investor Relations, Financial Planning and Analysis) Albertsons Companies, Inc. 5/19/2023 Tom Moriarty Join CVS Health Corporation EVP, Chief Policy and External Affairs Officer, and General Counsel Albertsons Companies, Inc. EVP and General Counsel Tesco PLC 5/19/2023 John Allan Leave Tesco PLC Chairman and Director - - Tesco PLC 5/19/2023 Byron Grote - Tesco PLC Senior Independent Director and Chairman (Audit Committee) Tesco PLC Interim Chair Tesco PLC 5/19/2023 Stewart Gilliland - Tesco PLC Independent Non-Executive Director Tesco PLC Senior Independent Director Tesco PLC 5/19/2023 Karen Whitworth - Tesco PLC Independent Non-Executive Director Tesco PLC Chairman (Audit Committee) Foot Locker, Inc. 5/8/2023 Blanca Gonzalez Join NIKE, Inc. VP (Product Merchandising), North America Foot Locker, Inc. SVP and GM (WSS banner) Kohl’s Corporation 5/12/2023 Tom Kingsbury - Kohl’s Corporation Interim CEO Kohl’s Corporation CEO Lululemon Athletica 5/16/2023 Phil Dickinson Leave Lululemon Athletica SVP, Global Creative Director - - Big Lots, Inc. 5/17/2023 Gene Burt Leave Big Lots, Inc. EVP, Chief Supply Chain Officer - - Bath & Body Works, Inc. 5/10/2023 Maurice Cooper Join Target Corporation SVP (Marketing Guest and Brand Experience) Bath & Body Works, Inc. Chief Customer Officer Nordstrom Inc. 5/10/2023 Cathy R. Smith Join Bright Health Group CFO and Chief Administrative Officer Nordstrom Inc. CFO JD Sports Fashion Plc 5/11/2023 Dominic Platt Join BGL Group CFO JD Sports Fashion Plc CFO JD.com, Inc. 5/11/2023 Sandy Ran Xu - JD.com, Inc. CFO JD.com, Inc. CEO and Executive Director JD.com, Inc. 5/11/2023 Lei Xu Leave JD.com, Inc. CEO and Executive Director - - JD.com, Inc. 5/11/2023 Ian Shan - JD.com, Inc. CFO (JD Logistics) JD.com, Inc. CFO BJ’s Wholesale Club Holdings, Inc. 5/4/2023 Bob Eddy - BJ’s Wholesale Club Holdings, Inc. President and CEO BJ’s Wholesale Club Holdings, Inc. Chairman, President and CEO BJ’s Wholesale Club Holdings, Inc. 5/4/2023 Chris Baldwin - BJ’s Wholesale Club Holdings, Inc. Chairman BJ’s Wholesale Club Holdings, Inc. Director Dollar Tree, Inc. 5/2/2023 Mike Kindy Join Dollar General Corporation EVP (Global Supply Chain) Dollar Tree, Inc. Chief Supply Chain Officer The Estée Lauder Companies Inc. 4/28/2023 Nancy Mahon - The Estée Lauder Companies Inc. SVP (Global Corporate Citizenship and Sustainability) The Estée Lauder Companies Inc. Chief Sustainability Officer The Estée Lauder Companies Inc. 4/28/2023 Guillaume Jesel - The Estée Lauder Companies Inc. President (Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY, Luxury Business Development) The Estée Lauder Companies Inc. President and CEO (TOM FORD BEAUTY) The Estée Lauder Companies Inc. 4/28/2023 Peter Hawkings - The Estée Lauder Companies Inc. SVP (TOM FORD BEAUTY, Menswear) The Estée Lauder Companies Inc. Creative Director (TOM FORD BEAUTY) Herbalife Nutrition Ltd. 5/2/2023 Mark Schissel Leave Herbalife Nutrition Ltd. EVP (WW Operations), COO - - Herbalife Nutrition Ltd. 5/2/2023 Frank Lamberti - Herbalife Nutrition Ltd. Regional President (Americas) Herbalife Nutrition Ltd. COO Herbalife Nutrition Ltd. 5/2/2023 Ibi Montesino - Herbalife Nutrition Ltd. SVP, Managing Director (North Asia) Herbalife Nutrition Ltd. EVP and Chief of Staff Herbalife Nutrition Ltd. 5/2/2023 Rob Levy - Herbalife Nutrition Ltd. EVP (Worldwide Distributor Affairs) Herbalife Nutrition Ltd. Regional President (Americas) Guess? Inc. 5/3/2023 Markus Neubrand Join MCM Worldwide Group CFO Guess? Inc. CFO Guess? Inc. 5/3/2023 Dennis Secor - Guess? Inc. Interim CFO Guess? Inc. EVP Prada S.p.A. 4/27/2023 Paolo Zannoni - Prada S.p.A. Chairman and Executive Director Prada S.p.A. Executive Director Academy Sports and Outdoors, Inc. 4/27/2023 Ken Hicks - Academy Sports and Outdoors, Inc. Chairman, President and CEO Academy Sports and Outdoors, Inc. Executive Chairman Academy Sports and Outdoors, Inc. 4/27/2023 Steven Lawrence - Academy Sports and Outdoors, Inc. EVP and Chief Merchandising Officer Academy Sports and Outdoors, Inc. CEO Academy Sports and Outdoors, Inc. 4/27/2023 Michael Mullican - Academy Sports and Outdoors, Inc. EVP and CFO Academy Sports and Outdoors, Inc. President Academy Sports and Outdoors, Inc. 4/27/2023 Samuel Johnson - Academy Sports and Outdoors, Inc. EVP (Retail Operations) Academy Sports and Outdoors, Inc. EVP (Retail Operations, Real Estate, Construction and Store Design) Reckitt Benckiser Group plc 4/26/2023 Kris Licht - Reckitt Benckiser Group plc President (Health) and Global Chief Customer Officer Reckitt Benckiser Group plc CEO Designate The Estée Lauder Companies Inc. 4/25/2023 Sara Moss Leave The Estée Lauder Companies Inc. Vice Chairman - - Dollar General Corporation 4/20/2023 Kelly Dilts - Dollar General Corporation SVP (Finance) Dollar General Corporation EVP and CFO Dollar General Corporation 4/20/2023 John Garratt Leave Dollar General Corporation President and CFO Dollar General Corporation President Levi Strauss & Co. 4/20/2023 Kenneth Mitchell Join Snap Inc. Chief Marketing Officer Levi Strauss & Co. Chief Marketing Officer (Levi’s® brand) CVS Health Corporation 4/17/2023 Brian Kane Join Humana CFO CVS Health Corporation EVP (CVS Health Corporation) and President (Aetna) CVS Health Corporation 4/17/2023 Daniel Finke Leave CVS Health Corporation EVP (CVS Health Corporation) and President (Aetna) - - Herbalife Nutrition Ltd. 4/17/2023 Eric Monroe - Herbalife Nutrition Ltd. Director (Investor Relations) Herbalife Nutrition Ltd. VP (North America Finance and Operations) Herbalife Nutrition Ltd. 4/17/2023 Erin Banyas Join Stellantis N.V. VP (Global Investor Relations) Herbalife Nutrition Ltd. VP and Head (Investor Relations) Crocs, Inc. 4/17/2023 Daniel P. Hart Leave Crocs, Inc. EVP, Chief Legal and Risk Officer - - Nordstrom Inc. 4/14/2023 Jason Morris Join Walmart Inc. SVP (Enterprise Business Services—Walmart Global Tech) Nordstrom Inc. Chief Technology and Information Officer Dollar Tree, Inc. 4/14/2023 Kathleen Mallas Leave Dollar Tree, Inc. Principal Accounting Officer - - Walmart Inc. 4/14/2023 Charles Redfield Leave Walmart Inc. EVP and Chief Merchandising Officer - - Dollar General Corporation 4/12/2023 Peggie Fort Join Wayfair Inc. Head (Planning and Allocation, Specialty Retail) Dollar General Corporation VP (Inventory and Demand Management) The Home Depot 4/12/2023 Melanie Babcock-Brown - The Home Depot VP (Integrated Media) The Home Depot VP (Retail Media+ and Monetization) Lowe's Companies, Inc. 4/10/2023 Juliette Pryor Join Albertsons Companies, Inc. EVP, General Counsel and Corporate Secretary Lowe's Companies, Inc. EVP, Chief Legal Officer and Corporate Secretary Lowe's Companies, Inc. 4/10/2023 Bill McCanless Leave Lowe's Companies, Inc. EVP, General Counsel and Corporate Secretary - - Walmart Inc. 4/10/2023 A. Denise Malloy-Deaderick Join Johnson Controls Senior Director (Market Strategy Diversity) Walmart Inc. Chief Belonging Officer Bath & Body Works, Inc. 4/6/2023 Thilina Gunasinghe Join McDonald’s Corporation VP (Global), Chief Technology Architect and Data Officer Bath & Body Works, Inc. Chief Digital & Technology Officer Bath & Body Works, Inc. 4/6/2023 Wendy Arlin Leave Bath & Body Works, Inc. CFO - - NIKE, Inc. 4/5/2023 KeJuan Wilkins - NIKE, Inc. Vice President (Enterprise Communications) NIKE, Inc. EVP, Chief Communications Officer Kohl’s Corporation 4/5/2023 Mari Steinmetz - Kohl’s Corporation SVP (Human Resources) Kohl’s Corporation Chief People Officer Kohl’s Corporation 4/5/2023 Marc Chini Leave Kohl’s Corporation Chief People Officer Kohl’s Corporation - Burberry Group plc 4/3/2023 Klaus Bierbrauer Join Alexander McQueen COO Burberry Group plc Chief Supply Chain and Industrial Officer Under Armour, Inc. 3/31/2023 Stephen Curry Join National Basketball Association (NBA) Athlete Under Armour, Inc. President (Curry Brand) Coty Inc. 3/30/2023 Caroline Andreotti - Coty Inc. EVP (Global premium skincare) Coty Inc. CCO (Prestige) Macy's, Inc. 3/29/2023 Jeff Gennette Leave Macy's, Inc. Chairman and CEO - - Macy's, Inc. 3/29/2023 Tony Spring - Macy's, Inc. EVP (Macy's, Inc.), Chairman and CEO (Bloomingdale) Macy's, Inc. President and CEO-Elect Macy's, Inc. 3/29/2023 Adrian Mitchell - Macy's, Inc. CFO Macy's, Inc. CFO and COO Levi Strauss & Co. 3/22/2023 Seth Jaffe Leave Levi Strauss & Co. Chief Legal Officer - - Levi Strauss & Co. 3/22/2023 David Jedrzejek - Levi Strauss & Co. Deputy General Counsel Levi Strauss & Co. General Counsel The Home Depot 3/14/2023 William Bastek - The Home Depot SVP (Hardlines) The Home Depot EVP (Merchandising) Hanesbrands Inc. 3/16/2023 Lorenzo Moretti Join Dr. Martens President, EMEA Hanesbrands Inc. President, (Champion) Europe Burberry Group plc 3/15/2023 Kate Ferry Join McLaren Group CFO Burberry Group plc CFO and Executive Director Five Below, Inc. 3/13/2023 Kenneth Bull - Five Below, Inc. CFO and Treasurer Five Below, Inc. COO and Treasurer Gap Inc. 3/9/2023 Asheesh Saksena Leave Gap Inc. Chief Growth Officer - - Gap Inc. 3/9/2023 Mary Beth Laughton Leave Gap Inc. President and CEO (Athleta) - - PVH Corp. 3/8/2023 Amber McCann Join Poshmark VP (Global Brand and Communications) PVH Corp. EVP and Chief Communications Officer The Estée Lauder Companies 3/6/2023 Lahnie Strange - The Estée Lauder Companies SVP/GM (Estée Lauder and AERIN Beauty), North America The Estée Lauder Companies SVP, Global General Manager (Bobbi Brown Cosmetics) Kohl’s Corporation 2/28/2023 Dave Alves Join Bealls Retail Group President and Chief Retail Officer Kohl’s Corporation President and COO Carter's, Inc. 3/3/2023 Patrick Moore Leave Carter's, Inc. EVP (Retail business), North America - - Carter's, Inc. 3/3/2023 Kendra Krugman - Carter's, Inc. SVP (Carter's brands and Licensing), EVP (Merchandising and Design) Carter's, Inc. SVP (Carter's brands and Licensing), EVP (Merchandising and Design), Retail business, North America Chow Tai Fook Jewellery Group Limited 2/28/2023 Annie Wong - Chow Tai Fook Jewellery Group Limited CRM Director (Brand Marketing CRM) Chow Tai Fook Jewellery Group Limited COO Nike 2/22/2023 Ratnakar Lavu Leave Nike Global Chief Digital Information Officer - - J Sainsbury plc 2/27/2023 Kevin O'Byrne Leave J Sainsbury plc CFO International Flavors & Fragrances Inc. Non-Executive Director J Sainsbury plc 2/27/2023 Blathnaid Bergin Join The Business Of Food Director (Commercial and Retail Finance) J Sainsbury plc CFO Foot Locker, Inc. 2/21/2023 Robert Higginbotham - Foot Locker, Inc. SVP (Investor Relations, Financial Planning and Analysis) Foot Locker, Inc. Interim CFO, SVP (Investor Relations, Financial Planning and Analysis) Coles Group Limited 2/21/2023 Leah Weckert - Coles Group Limited Chief Executive (Commercial and Express) Coles Group Limited CEO Coles Group Limited 2/21/2023 Steve Cain Leave Coles Group Limited CEO - - ASOS Plc 2/10/2023 Sean Glithero Join MatchesFashion CFO ASOS Plc Interim CFO ASOS Plc 2/10/2023 Katy Mecklenburgh Leave ASOS Plc Interim CFO - - Koninklijke Ahold Delhaize N.V. 2/10/2023 Johan Boeijenga Leave Koninklijke Ahold Delhaize N.V. Brand President (Super Indo) - - Kohl’s Corporation 2/9/2023 Nick Jones Join Joules Group CEO Kohl’s Corporation Chief Merchandising and Digital Officer Tractor Supply Company 2/9/2023 Cynthia Jamison Leave Tractor Supply Company Chairman - - Tractor Supply Company 2/9/2023 Edna Morris - Tractor Supply Company Director Tractor Supply Company Chairman Walmart Inc. 2/3/2023 Judy Werthauser Join Five Below, Inc. Chief Experience Officer Walmart Inc. EVP, Chief People officer (Walmart US) Walmart Inc. 2/3/2023 Julie Murphy Leave Walmart Inc. EVP, Chief People officer (Walmart US) - - Kering SA 2/2/2023 Raffaella Cornaggia Join The Estée Lauder Companies, Inc. SVP and GM, International Business (Estée Lauder and Aerin) Kering SA CEO (Kering Beauté) Kohl’s Corporation 2/2/2023 Tom Kingsbury - Kohl’s Corporation Interim CEO Kohl’s Corporation CEO Unilever PLC 1/30/2023 Hein Schumacher Join Royal FrieslandCampina CEO Unilever PLC CEO Williams-Sonoma, Inc. 1/30/2023 Marta Benson - Williams-Sonoma, Inc. President (Pottery Barn) Williams-Sonoma, Inc. CEO (Pottery Barn) Williams-Sonoma, Inc. 1/30/2023 Michelle Hummel - Williams-Sonoma, Inc. Interim Head (Global Business) Williams-Sonoma, Inc. Head (Global Business) Williams-Sonoma, Inc. 1/30/2023 Abby Teisch - Williams-Sonoma, Inc. Interim Head (Marketing) Williams-Sonoma, Inc. Head (Cross-Brand Marketing) Dollar General Corporation 1/30/2023 John Garratt Leave Dollar General Corporation President and CFO - - Foot Locker, Inc. 1/26/2023 Andrew I. Gray Leave Foot Locker, Inc. EVP, Global President (Foot Locker, Kids Foot Locker, Champs Sports and Sidestep) - - Prada S.p.A. 1/27/2023 Andrea Guerra Join LVMH Strategic Advisor Prada S.p.A. Executive Director and CEO Prada S.p.A. 1/27/2023 Miuccia Prada Bianchi - Prada S.p.A. Executive Director and CEO Prada S.p.A. Executive Director, Creative Director (Miu Miu and Prada) Prada S.p.A. 1/27/2023 Patrizio Bertelli - Prada S.p.A. Executive Director and CEO Prada S.p.A. Executive Director PVH Corp. 1/25/2023 Donald Kohler Join Diesel S.p.A CEO (North America) PVH Corp. President (Calvin Klein Americas) Williams-Sonoma, Inc. 1/25/2023 Day Kornbluth Join Ralph Lauren Corporation President (Ralph Lauren Home) Williams-Sonoma, Inc. President (West Elm) Dollar Tree, Inc. 1/24/2023 Mike Witynski Leave Dollar Tree, Inc. CEO - - Dollar Tree, Inc. 1/24/2023 Rick Dreiling - Dollar Tree, Inc. Executive Chairman Dollar Tree, Inc. CEO and Executive Chairman CVS Health Corporation 1/23/2023 David Joyner - gWell Advisor CVS Health Corporation EVP and President (Pharmacy Services) CVS Health Corporation 1/23/2023 Alan Lotvin Leave CVS Health Corporation Head of CVS Specialty, Chief Transformation Officer - - CVS Health Corporation 1/23/2023 Amy Bricker Join Express Scripts Holding Company President CVS Health Corporation EVP, Chief Product Officer (Consumer) Capri Holdings Limited 1/23/2023 Cedric Wilmotte Join Capri Holdings Limited COO (Versace) Capri Holdings Limited CEO (Michael Kors brand) Levi Strauss & Co. 1/19/2023 Jason Gowans Join Nordstrom Inc. SVP (Digital Commerce) Levi Strauss & Co. SVP, Chief Digital Officer Burberry Group plc 1/18/2023 Giorgio Belloli Join Farfetch Chief Commercial and Sustainability Officer Burberry Group plc Chief Digital, Customer and Innovation Officer Burberry Group plc 1/18/2023 Delphine Sonder Join Yves Saint Laurent General Merchandising Director Burberry Group plc Chief Merchandising Officer ANTA Sports Products Limited 1/18/2023 Ding Shizhong - ANTA Sports Products Limited Chairman and CEO ANTA Sports Products Limited Chairman ANTA Sports Products Limited 1/18/2023 Ding Shijia - ANTA Sports Products Limited Deputy Chairman and VP (manufacturing operations, supply chain management) ANTA Sports Products Limited Deputy Chairman and VP (Manufacturing operations) ANTA Sports Products Limited 1/18/2023 Zheng Jie - Anta Sports’ Outdoor Sports Group Executive Director, Group President and CEO ( Anta Sports’ Outdoor Sports Group and Amer Sports-affiliated businesses) Amer Sports Executive Director and CEO (Amer Sports-affiliated businesses) ANTA Sports Products Limited 1/18/2023 Lai Shixian - ANTA Sports Products Limited CFO ANTA Sports Products Limited Co-CEO (All brands except the Fila) ANTA Sports Products Limited 1/18/2023 Wu Yonghua - ANTA Sports Products Limited CEO (Performance Sports Group Limited) ANTA Sports Products Limited Co-CEO (FILA) ANTA Sports Products Limited 1/18/2023 Bi Mingwei - ANTA Sports Products Limited Vice President and Executive Director ANTA Sports Products Limited CFO Nordstrom Inc. 1/13/2023 Teri Bariquit Leave Nordstrom Inc. Chief Merchandising Officer - - LVMH Moët Hennessy - Louis Vuitton, Société Européenne 1/11/2023 Pietro Beccari - Christian Dior Couture Chairman and CEO Louis Vuitton Chairman and CEO LVMH Moët Hennessy - Louis Vuitton, Société Européenne 1/11/2023 Michael Burke - Louis Vuitton Chairman and CEO - - LVMH Moët Hennessy - Louis Vuitton, Société Européenne 1/11/2023 Delphine Arnault - Louis Vuitton EVP Christian Dior Couture Chairman and CEO LVMH Moët Hennessy - Louis Vuitton, Société Européenne 1/11/2023 Charles Delapalme - Christian Dior Couture EVP Christian Dior Couture Managing Director LVMH Moët Hennessy - Louis Vuitton, Société Européenne 1/11/2023 Stéphane Bianchi - LVMH Moët Hennessy - Louis Vuitton, Société Européenne Chairman and CEO (Watches and Jewelry Division) Tiffany and Repossi Chairman and CEO, LVMH (Watches and Jewelry Division), and Head (Watches and Jewelry Division) Tiffany and Repossi CVS Health Corporation 1/12/2023 Sam Khichi Join Becton Dickinson EVP (Corporate Development, Public Policy, Regulatory Affairs) and General Counsel CVS Health Corporation EVP, Chief Policy Officer and General Counsel CVS Health Corporation 1/12/2023 Tom Moriarty Leave CVS Health Corporation EVP, Chief Policy and External Affairs Officer and General Counsel - - Hanesbrands Inc. 1/12/2023 Michael Dastugue Leave Hanesbrands Inc. CFO - - Hanesbrands Inc. 1/12/2023 Scott Lewis - Hanesbrands Inc. Chief Accounting Officer and Controller Hanesbrands Inc. Interim CFO Koninklijke Ahold Delhaize N.V. 1/10/2023 Natalie Knight Leave Koninklijke Ahold Delhaize N.V. CFO - - The Procter & Gamble Company 1/5/2023 Bala Purushothaman - The Procter & Gamble Company SVP (Global total rewards; Global employee; Labor relations; Corporate services) The Procter & Gamble Company Chief Human Resources Officer The Procter & Gamble Company 1/5/2023 Tracey Grabowski Leave The Procter & Gamble Company Chief Human Resources Officer - - Levi Strauss & Co. 12/16/2022 Seth Ellison Leave Levi Strauss & Co. EVP and Chief Commercial Officer - - Ross Stores, Inc. 12/20/2022 Jeffrey Burrill - Ross Stores, Inc. SVP, Corporate Controller Ross Stores, Inc. Chief Accounting Officer Under Armour, Inc. 12/21/2022 Stephanie Linnartz Join Marriott International, Inc. President Under Armour, Inc. President and CEO Under Armour, Inc. 12/21/2022 Colin Browne - Under Armour, Inc. Interim President and CEO Under Armour, Inc. Chief Operating Officer PVH Corp. 12/14/2022 Eva Serrano Join Inditex President, Greater China PVH Corp. Global Brand President (Calvin Klein) Nordstrom Inc. 12/7/2022 Anne Bramman Leave Nordstrom Inc. CFO - - Nordstrom Inc. 12/7/2022 Michael Maher - Nordstrom Inc. SVP, Chief Accounting Officer Nordstrom Inc. Interim CFO and Treasurer Sprouts Farmers Market, Inc. 12/8/2022 Alisa Gmelich Join Auntie Anne’s Chief Brand Officer Sprouts Farmers Market, Inc. SVP, Chief Marketing Officer PUMA SE 12/8/2022 Maria Valdes - PUMA SE GM (Sportstyle) PUMA SE Chief Product Officer, Member (Management Board) Allbirds, Inc. 12/8/2022 Kate Ridley - Allbirds, Inc. SVP, Chief Brand Officer Allbirds, Inc. Chief Brand and Product Officer Allbirds, Inc. 12/8/2022 Benny Joseph - Allbirds, Inc. CTO Allbirds, Inc. CTO and Culture Officer VF Corporation 12/5/2022 Benno Dorer - VF Corporation Lead Independent Director VF Corporation Interim President and CEO VF Corporation 12/5/2022 Steve Rendle Leave VF Corporation Chairman, President and CEO - - VF Corporation 12/5/2022 Richard Carucci - VF Corporation Director VF Corporation Interim Chairman ASOS Plc 12/2/2022 Katy Mecklenburgh Leave ASOS Plc Interim CFO Softcat Plc Chief Financial Officer Urban Outfitters, Inc. 12/2/2022 Francis Pierrel Leave Urban Outfitters, Inc. President - - DICK'S Sporting Goods, Inc. 12/1/2022 Ray Sliva Join Best Buy Co., Inc. Chief People Officer DICK'S Sporting Goods, Inc. EVP (Stores) Floor & Decor Holdings, Inc. 11/29/2022 Bryan Langley - Floor & Decor Holdings, Inc. SVP (Finance) Floor & Decor Holdings, Inc. EVP and CFO Floor & Decor Holdings, Inc. 11/29/2022 Trevor Lang - Floor & Decor Holdings, Inc. EVP and CFO Floor & Decor Holdings, Inc. President Foot Locker, Inc. 11/29/2022 Frank Bracken - Foot Locker, Inc. COO Foot Locker, Inc. EVP, Chief Commercial Officer Foot Locker, Inc. 11/29/2022 Elliott Rodgers Join project44 Chief People Officer Foot Locker, Inc. EVP, Chief Operations Officer Foot Locker, Inc. 11/29/2022 Andrew Page Leave Foot Locker, Inc. CFO - - Foot Locker, Inc. 11/29/2022 Rosalind Reeves - Foot Locker, Inc. VP (Talent, Diversity and Organization Capability) Foot Locker, Inc. EVP, CHRO Foot Locker, Inc. 11/29/2022 Elizabeth Norberg Leave Foot Locker, Inc. CHRO - - Foot Locker, Inc. 11/29/2022 Robert Higginbotham - Foot Locker, Inc. VP (Investor Relations) Foot Locker, Inc. SVP (Investor Relations and Financial Planning and Analysis) Chow Tai Fook Jewellery Group Limited 11/21/2022 Theresa Lui Join Pandora A/S VP (Human Resources), Asia Pacific Chow Tai Fook Jewellery Group Limited Chief People Officer Marks and Spencer Group plc 11/18/2022 Jeremy Townsend Join Rentokil Initial plc Group CFO Marks and Spencer Group plc Interim CFO Dollar Tree, Inc. 11/17/2022 Jennifer Bohaty Join LL Flooring Global Chief of Ethics and Compliance Dollar Tree, Inc. Chief Compliance Officer Dollar Tree, Inc. 11/17/2022 Terence Goods Join Southern Glazer's Wine and Spirits VP (Diversity and Inclusion) Dollar Tree, Inc. Chief Diversity Officer Dollar Tree, Inc. 11/17/2022 Jennifer Silberman Join YETI VP (ESG) Dollar Tree, Inc. Chief Sustainability Officer Dollar Tree, Inc. 11/17/2022 Kristin Tetreault Join Stanley Black & Decker VP (Enterprise and Executive Communications) Dollar Tree, Inc. Chief Communications Officer The TJX Companies, Inc. 11/16/2022 John Klinger - The TJX Companies, Inc. EVP, Corporate Controller The TJX Companies, Inc. EVP, CFO The TJX Companies, Inc. 11/16/2022 Scott Goldenberg - The TJX Companies, Inc. CFO The TJX Companies, Inc. SVP (Finance) Adidas AG 11/9/2022 Bjørn Gulden Join PUMA SE CEO Adidas AG CEO Adidas AG 11/9/2022 Kasper Rorsted Leave Adidas AG CEO - - Big Lots, Inc. 11/9/2022 Margarita Giannantonio Join The TJX Companies, Inc. SVP and General Merchandise Manager, Canada Big Lots, Inc. EVP, Chief Merchandising Officer Big Lots, Inc. 11/9/2022 John Alpaugh Join CyberMark CEO Big Lots, Inc. SVP, Chief Marketing Officer Kohl’s Corporation 11/8/2022 Michelle Gass Leave Kohl’s Corporation CEO Levi Strauss & Co. President Kohl’s Corporation 11/8/2022 Tom Kingsbury - Kohl’s Corporation Director Kohl’s Corporation Interim CEO PUMA SE 11/4/2022 Bjorn Gulden Leave PUMA SE CEO and Chairman - - PUMA SE 11/4/2022 Arne Freundt - PUMA SE Chief Commercial Officer PUMA SE CEO and Chairman The Kroger Co. 11/2/2022 Jake Cannon - The Kroger Co. VP (operations for the Cincinnati/Dayton division) The Kroger Co. President (Louisville division) The Kroger Co. 11/2/2022 Scott Hays Leave The Kroger Co. President (Cincinnati/Dayton division) - - The Kroger Co. 11/2/2022 Ann Reed - The Kroger Co. President (Louisville division) The Kroger Co. President (Cincinnati/Dayton division) Bath & Body Works, Inc. 11/2/2022 Gina Boswell - Unilever USA President (customer development) Bath & Body Works Inc. CEO DICK'S Sporting Goods, Inc. 11/1/2022 Donald Germano Leave DICK'S Sporting Goods, Inc. EVP (Stores and Supply Chain) - - Herbalife Nutrition Ltd. 10/31/2022 Michael Johnson - Herbalife Nutrition Ltd. Board Member Herbalife Nutrition Ltd. Chairman and Interim CEO Herbalife Nutrition Ltd. 10/31/2022 John Agwunobi Leave Herbalife Nutrition Ltd. Chairman and CEO - - Bath & Body Works 10/26/2022 Kelie Charles Join The Home Depot Senior Director (Diversity, Equity and Inclusion) Bath & Body Works VP, Chief Diversity Officer Nordstrom Inc. 10/17/2022 Anne Bramman Leave Nordstrom Inc. CFO - - Nordstrom Inc. 10/17/2022 Michael Maher - Nordstrom Inc. SVP, Chief Accounting Officer Nordstrom Inc. Interim CFO JD Sports Fashion plc 10/12/2022 Neil Greenhalgh Leave JD Sports Fashion plc CFO - - CVS Health Corporation 10/6/2022 Amar Desai Join Optum Pacific West President and CEO CVS Health Corporation President (Health Care Delivery) Nordstrom Inc. 10/5/2022 Edmond Mesrobian Leave Nordstrom Inc. Chief Technology and Information Officer - - Target Corporation 10/5/2022 Prat Vemana Join Kaiser Permanente SVP, Chief Digital Officer Target Corporation EVP, Chief Digital and Product Officer Under Armour, Inc. 10/5/2022 David Baxter - Under Armour, Inc. SVP (Wholesale), Americas Under Armour, Inc. President, Americas Under Armour, Inc. 10/5/2022 Mehri Shadman - Under Armour, Inc. Deputy General Counsel (Corporate and Risk) and Assistant Corporate Secretary Under Armour, Inc. Chief Legal Officer and Corporate Secretary Under Armour, Inc. 10/5/2022 Stephanie Pugliese Leave Under Armour, Inc. President, Americas - - Under Armour, Inc. 10/5/2022 John Stanton Leave Under Armour, Inc. Chief Legal Officer and Corporate Secretary - - The Estée Lauder Companies Inc. 9/30/2022 Nathalie Berger Duquene - The Estée Lauder Companies Inc. SVP, Global Marketing, TOM FORD BEAUTY The Estée Lauder Companies Inc. SVP and Global GM, BALMAIN BEAUTY Burberry Group plc 9/28/20222 Riccardo Tisci Leave Burberry Group plc Chief Creative Officer - - Burberry Group plc 9/28/20222 Daniel Lee Join Kering Creative Director (Bottega Veneta) Burberry Group plc Chief Creative Officer Dollar Tree, Inc. 9/28/20222 Pedro Voyer Join JAB Holding Company SVP, GM International (Panera) and SVP, COO International (Caribou Coffee and Einstein’s Bagel) Dollar Tree, Inc. Chief Development Officer Kimberly-Clark Corporation 9/28/20222 Andrea Zahumensky Join CityBlock Health, Inc. Chief Marketing Officer and SVP (Member Engagement Operations) Kimberly-Clark Corporation President (Personal Care), North America Woolworths Group Limited 9/29/20222 Daniel Hake - Woolworths Group Limited Commercial Director (Woolworths Supermarkets) Woolworths Group Limited MD (BIG W) Woolworths Group Limited 9/29/2022 Von Ingram - Woolworths Group Limited Chief Customer Transformation Officer Woolworths Group Limited MD (non-food) boohoo group plc 9/27/20222 Shaun McCabe Join Trainline CFO boohoo group plc CFO boohoo group plc 9/27/20222 Neil Catto - boohoo group plc CFO boohoo group plc Executive Director Unilever PLC 9/26/20222 Alan Jope Leave Unilever PLC CEO - - The Estée Lauder Companies Inc. 9/26/20222 Guillaume Jesel - The Estée Lauder Companies Inc. President (TOM FORD BEAUTY) The Estée Lauder Companies Inc. President (Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY and Luxury Business Development) Dollar Tree, Inc. 9/26/20222 Michael Creedon Join Advance Auto Parts EVP (US Stores) Dollar Tree, Inc. COO Burberry Group plc 9/23/20222 Julie Brown Leave Burberry Group plc COO and CFO GSK PLC CFO The Estée Lauder Companies Inc. 9/23/20222 Justin Boxford - The Estée Lauder Companies Inc. Global President (La Mer) The Estée Lauder Companies Inc. Global Brand President (Estée Lauder) The Estée Lauder Companies Inc. 9/23/20222 Stéphane de La Faverie - The Estée Lauder Companies Inc. Global Brand President (Estée Lauder) The Estée Lauder Companies Inc. Executive Group President PVH Corp. 9/22/20222 Sara Bland Join Kontoor Brands, Inc. EVP (Global Strategy) PVH Corp. EVP and Chief Strategy Officer Walgreens Boots Alliance, Inc. 9/20/2022 John Standley Leave Walgreens Boots Alliance, Inc. EVP and President (Walgreen Co.) - - Skechers U.S.A., Inc. 9/15/2022 Rick Graham Leave Skechers U.S.A., Inc. SVP (Domestic Sales) - - Skechers U.S.A., Inc. 9/15/2022 Pete Calichman - Skechers U.S.A., Inc. VP (National Accounts) Skechers U.S.A., Inc. SVP (Domestic Sales) Williams-Sonoma, Inc. 9/14/2022 Alex Bellos - Williams-Sonoma, Inc. President (West Elm) Williams-Sonoma, Inc. Co-CEO Williams-Sonoma, Inc. 9/14/2022 Jeff Howie - Williams-Sonoma, Inc. EVP and Chief Administrative Officer Williams-Sonoma, Inc. CFO Williams-Sonoma, Inc. 9/14/2022 Julie Whalen Leave Williams-Sonoma, Inc. CFO Expedia Group, Inc. CFO American Eagle Outfitters, Inc 9/12/2022 Andrew McLean Leave American Eagle Outfitters, Inc President, International - - Kimberly-Clark Corporation 9/9/2022 Tamera Fenske Join 3M SVP (Manufacturing and supply chain) Kimberly-Clark Corporation Chief Supply Chain Officer Walgreens Boots Alliance, Inc. 9/8/2022 Danielle Gray Join Blue Cross NC SVP, Chief Legal and Administrative Officer Walgreens Boots Alliance, Inc. EVP and Global Chief Legal Officer Walgreens Boots Alliance, Inc. 9/8/2022 Tracey Brown Join American Diabetes Association CEO Walgreens Boots Alliance, Inc. President (Retail Products) and Chief Customer Officer Target Corporation 9/7/2022 Arthur Valdez Leave Target Corporation EVP and Chief Supply Chain and Logistics Officer - - Target Corporation 9/7/2022 Gretchen McCarthy - Target Corporation SVP, Global Inventory Management Target Corporation EVP and Chief Supply Chain and Logistics Officer Qurate Retail Group 9/7/2022 Soumya Sriraman Join Amazon Head (Prime Video Channels) Qurate Retail Group President (Streaming) Qurate Retail Group 9/7/2022 Stacy Bowe Join G-III Apparel Group EVP Global E-Commerce & Digital Marketing Qurate Retail Group Chief Merchandising Officer (QVC), US Macy’s, Inc. 9/6/2022 Pam Quintiliano Join Abercrombie & Fitch Co. Group VP (Investor Relations) Macy’s, Inc. Head (Investor Relations) Reckitt Benckiser Group plc 9/1/2022 Laxman Narasimhan Leave Reckitt Benckiser Group plc CEO - - Reckitt Benckiser Group plc 9/1/2022 Nicandro Durante - Reckitt Benckiser Group plc Senior Independent Director Reckitt Benckiser Group plc CEO Walgreens Boots Alliance, Inc. 8/30/2022 Alethia Jackson - Walgreens Boots Alliance, Inc. VP, Federal Government Relations Walgreens Boots Alliance, Inc. SVP, ESG (Environmental, Social and Governance) and Chief DEI (Diversity, Equity and Inclusion) Officer PVH Corp 8/30/2022 Trish Donnelly Leave PVH Corp. CEO, PVH Americas and Calvin Klein Global - - Dollar General Corporation 8/25/2022 John Garratt - Dollar General Corporation CFO Dollar General Corporation President and CFO Dollar Tree, Inc. 8/25/2022 Jeffrey Davis Join Qurate Retail Group, Inc. CFO Dollar Tree, Inc. CFO Adidas AG 8/22/2022 Kasper Rorsted Leave Adidas AG CEO - - Foot Locker, Inc. 8/19/2022 Richard Johnson Leave Foot Locker, Inc. CEO and President - - Foot Locker, Inc. 8/19/2022 Mary Dillon Join Ulta Beauty, Inc. Chairman Foot Locker, Inc. CEO and President Foot Locker, Inc. 8/19/2022 Dona Young - Foot Locker, Inc. Lead Independent Director Foot Locker, Inc. non-Executive Chair The Home Depot 8/18/2022 Ted Decker - The Home Depot CEO and President The Home Depot Chairman, CEO and President Bath & Body Works, Inc. 8/17/2022 Chris Cramer Leave Bath & Body Works, Inc. COO - - ASOS plc 8/17/2022 Mat Dunn Leave ASOS plc CFO and COO - - Kohl's Corporation 8/15/2022 Christie Raymond - Kohl's Corporation Interim Chief Marketing Officer Kohl's Corporation Chief Marketing Officer Petco Health and Wellness Company, Inc. 8/9/2022 Jason Heffelfinger - Petco Health and Wellness Company, Inc. SVP (Services) Petco Health and Wellness Company, Inc. Chief Services Officer Petco Health and Wellness Company, Inc. 8/9/2022 Darren MacDonald - Petco Health and Wellness Company, Inc. Chief Digital and Innovation Officer Petco Health and Wellness Company, Inc. Chief Digital and Innovation Officer and Chief Customer Officer Petco Health and Wellness Company, Inc. 8/9/2022 Justin Tichy - Petco Health and Wellness Company, Inc. Chief Pet Care Center Officer Petco Health and Wellness Company, Inc. COO Tapestry, Inc. 8/4/2022 Tom Glaser Leave Tapestry, Inc. COO - - Tapestry, Inc. 8/4/2022 Scott Roe - Tapestry, Inc. CFO Tapestry, Inc. COO and CFO Floor & Decor Holdings, Inc 8/4/2022 Trevor Lang - Floor & Decor Holdings, Inc EVP and CFO Floor & Decor Holdings, Inc President Koninklijke Ahold Delhaize N.V. 8/3/2022 Jan Ernst de Groot - Koninklijke Ahold Delhaize N.V. Chief Legal Officer Koninklijke Ahold Delhaize N.V. Chief Sustainability and Legal Officer JD Sports Fashion plc 8/2/2022 Régis Schultz Join Al-Futtaim Group President (Retail) JD Sports Fashion plc CEO JD Sports Fashion plc 8/2/2022 Kath Smith - JD Sports Fashion plc CEO JD Sports Fashion plc Senior Independent Director Li Ning Company Limited 7/31/2022 Zhao Dong Sheng Join Swire Coca-Cola (China) Co. Ltd General Manager (Finance) Li Ning Company Limited Group VP and CFO Colgate-Palmolive Company 7/29/2022 Stephan Habif Join L'Oréal SVP (Research & Innovation) - L'Oréal Colgate-Palmolive Company Chief Technology Officer Colgate-Palmolive Company 7/29/2022 Patricia Verduin Leave Colgate-Palmolive Company Chief Technology Officer - - Ocado Group plc 7/28/2022 Mark Richardson - Ocado Group plc COO Ocado Group plc CEO Kimberly-Clark Corporation 7/28/2022 Zack Hicks - Toyota Motors CEO (Toyota Connected) Kimberly-Clark Corporation Chief Digital and Technology Officer Marks and Spencer Group plc 7/21/2022 Eoin Tonge Leave Marks and Spencer Group plc CFO Associated British Foods plc Finance Director Associated British Foods plc 7/21/2022 Eoin Tonge Join Marks and Spencer Group plc CFO Associated British Foods plc Finance Director Dollar Tree, Inc. 7/21/2022 Bobby Aflatooni Join The Howard Hughes Corporation EVP, Chief Information Officer Dollar Tree, Inc. Chief Information Officer Nordstrom, Inc. 7/20/2022 Deniz Anders - Nordstrom, Inc. VP (Marketing) Nordstrom, Inc. SVP and Chief Marketing Officer Nordstrom, Inc. 7/20/2022 Nina Barjesteh Join DICK's Sporting Goods Senior Executive Nordstrom, Inc. President (Nordstrom Product Group) PVH Corp. 7/19/2022 David Savman Join H&M Group Head of Global Supply Chain PVH Corp. EVP and Chief Supply Chain Officer PVH Corp. 7/19/2022 Sarah Clarke Leave PVH Corp. EVP and Chief Supply Chain Officer Amazon.com, Inc. 7/18/2022 Dipashree Das Join Netflix Content and Brand Marketing Lead, South East Asia Amazon.com, Inc. Head of Partner Marketing, Asia Pacific and China (APAC) and Australia-New Zealand (ANZ) Tractor Supply Company 7/15/2022 Kimberley Gardiner Join Volkswagen SVP and CMO Tractor Supply Company SVP and CMO Tractor Supply Company 7/15/2022 Christi Korzekwa Leave Tractor Supply Company SVP and CMO - - Dollar General Corporation 7/12/2022 Todd Vasos Leave Dollar General Corporation CEO Dollar General Corporation 7/12/2022 Jeffery Owen - Dollar General Corporation COO Dollar General Corporation CEO Gap Inc. 7/11/2022 Sonia Syngal Leave Gap Inc. President and CEO Gap Inc. 7/11/2022 Bob Martin - Gap Inc. Executive chairman Gap Inc. President and CEO Gap Inc. 7/11/2022 Horacio Barbeito Join Walmart Inc. President & CEO, Walmart Canada Gap Inc. President and CEO, Old Navy JD Sports Fashion plc 7/8/2022 Andy Higginson Join Morrison Supermarkets plc Chairman JD Sports Fashion plc Chairman CVS Health Corporation 7/8/2022 Tilak Mandadi Join MGM Resorts International Chief Strategy, Innovation & Technology Officer CVS Health Corporation EVP, Chief Data, Digital and Technology Officer Li Ning Company Limited 7/7/2022 Tsang, Terence Wah-Fung Leave Li Ning Company Limited CFO - - Deckers Outdoor Corporation 7/6/2022 Anne Spangenberg Join Nike, Inc Chief Merchant Deckers Outdoor Corporation President of Fashion Lifestyle J Sainsbury plc 7/5/2022 Kevin O’Byrne Leave J Sainsbury plc CFO J Sainsbury plc 7/5/2022 Bláthnaid Bergin - J Sainsbury plc Commercial and Retail Finance Director J Sainsbury plc CFO Albertsons Companies, Inc 6/28/2022 Christine Rupp Leave Albertsons Companies, Inc EVP and Chief Customer and Digital Office - - Dollar Tree, Inc 6/28/2022 Kevin Wample Leave Dollar Tree, Inc CFO - - Dollar Tree, Inc 6/28/2022 William Old Leave Dollar Tree, Inc Chief Legal Officer and Corporate Secretary - - Dollar Tree, Inc 6/28/2022 Thomas O’Boyle Leave Dollar Tree, Inc COO - - Dollar Tree, Inc 6/28/2022 David Jacobs Leave Dollar Tree, Inc Chief Strategy Office - - Dollar Tree, Inc 6/28/2022 Andy Paisley Leave Dollar Tree, Inc Chief Information Officer - - Foot Locker, Inc. 6/24/2022 Andrew I. Gray - Foot Locker, Inc. EVP and Chief Commercial Officer Foot Locker, Inc. EVP (Global Lockers and Champs Sport) Boohoo Group plc 6/23/2022 Shaun McCabe - Boohoo Group plc Non-Executive Director Boohoo Group plc CFO Boohoo Group plc 6/23/2022 Neil Catto - Boohoo Group plc CFO Boohoo Group plc Executive Director Marks and Spencer Group plc 6/21/2022 Alex Freudmann Join Dan Murphy's MD Marks and Spencer Group plc MD (Food) Amazon.com, Inc. 6/21/2022 Doug Herrington - Amazon.com, Inc. SVP Amazon.com, Inc. CEO (Worldwide Amazon Stores) Unilever plc 6/20/2022 Rahul Welde Leave Unilever plc EVP (Global Digital Transformation & Digital Business ) Entain Non-Executive Director ASOS Plc 6/16/2022 José Antonio Ramos Calamonte - ASOS Plc Chief Commercial Officer ASOS Plc CEO ASOS Plc 6/16/2022 Jgøren Lindemann - ASOS Plc Non-Executive Director ASOS Plc Chairman ASOS Plc 6/16/2022 Ian Dyson Leave ASOS Plc Chairman - - Levi Strauss & Co. 6/15/2022 Amisha Jain Join Zivame CEO Levi Strauss & Co. SVP and MD, South Asia, Middle East and Africa Colgate-Palmolive Company 6/13/2022 Gregory Malcolm - Colgate-Palmolive Company VP and Assistant Controller Colgate-Palmolive Company VP and Controller Colgate-Palmolive Company 6/13/2022 Philip G. Shotts Colgate-Palmolive Company Controller Colgate-Palmolive Company SVP (Finance) Deckers Outdoor Corporation 6/10/2022 Angela Ogbechie - Deckers Outdoor Corporation SVP (Global Operations and Supply Chain Strategy) Deckers Outdoor Corporation Chief Supply Chain Officer Columbia Sportswear Company 6/9/2022 Francois Guillon Join Tiffany & Co. Divisional Vice President (Global Planning) Columbia Sportswear Company SVP (Omni Planning and Fulfillment) Amazon.com, Inc. 6/3/2022 David H. Clark Leave Amazon.com, Inc. CEO, Worldwide Consumer The Kroger Co. 6/1/2022 Micheal Cristal has - The Kroger Co. VP (Operations), Fry's Division The Kroger Co. President, Delta Division The Kroger Co. 6/1/2022 Victor Smith - The Kroger Co. President, Delta Division The Kroger Co. President, Atlanta Division Foot Locker, Inc. 6/1/2022 Neil Bansal Join Constellation Brands SVP (Strategy, Insights and Analytics) Foot Locker, Inc. EVP and Chief Strategy and Transformation Officer Big Lots, Inc. 5/31/2022 Jack A. Pestello Leave Big Lots, Inc. EVP, Chief Merchandising Officer - - Big Lots, Inc. 5/31/2022 Derek Panfil - Big Lots, Inc. SVP Big Lots, Inc. Interim Co-Chief Merchandising Officer Big Lots, Inc. 5/31/2022 Kevin Kuehl - Big Lots, Inc. SVP Big Lots, Inc. Interim Co-Chief Merchandising Officer Sprouts Farmers Market, Inc. 5/27/2022 Gil Phipps - Sprouts Farmers Market, Inc. SVP and Chief Marketing Officer Sprouts Farmers Market, Inc. Senior Marketing Advisor Foot Locker, Inc. 5/27/2022 W. Scott Martin Leave Foot Locker, Inc. EVP, Chief Strategy and Corporate Development Officer - - Burlington Stores, Inc. 5/26/2022 Kristin Wolfe Join Ross Stores, Inc. Group SVP and Corporate Finance Burlington Stores, Inc. CFO JD Sports Fashion Plc 5/25/2022 Peter Cowgill Leave JD Sports Fashion Plc Executive Chairman JD Sports Fashion Plc 5/25/2022 Helen Ashton - JD Sports Fashion Plc NED and Chair of the Audit & Risk Committee JD Sports Fashion Plc Interim Non-Executive Chair JD Sports Fashion Plc 5/25/2022 Kath Smith - JD Sports Fashion Plc NED and Senior Independent Director JD Sports Fashion Plc CEO Kohl's Corporation 5/19/2022 Doug Howe Leave Kohl's Corporation Chief Merchandising Officer - - Kohl's Corporation 5/19/2022 Greg Revelle Leave Kohl's Corporation Chief Marketing Officer - - Deckers Outdoor Corporation 5/19/2022 Wendy Yang Leave Deckers Outdoor Corporation President (Performance Lifestyle) - - Deckers Outdoor Corporation 5/19/2022 Stefano Caroti - Deckers Outdoor Corporation President (Omni-Channel) Deckers Outdoor Corporation President (Performance Lifestyle) Carter’s, Inc. 5/18/2022 Hilary Duff Join Naturalena Brands Chief Brand Officer Carter’s, Inc. Chief Mom Officer Under Armour, Inc. 5/18/2022 Patrik Frisk Leave Under Armour, Inc. President and CEO - - Under Armour, Inc. 5/18/2022 Colin Browne - Under Armour, Inc. COO Under Armour, Inc. Interim President and CEO Bath & Body Works, Inc. 5/13/2022 Andrew Meslow Leave Bath & Body Works, Inc. CEO - - Bath & Body Works, Inc. 5/13/2022 Sarah E. Nash - Bath & Body Works, Inc. Chair (Board of Directors) Bath & Body Works, Inc. Executive Chairman and Interim CEO Amazon.com, Inc. 5/7/2022 Anuradha Aggarwal Join Disney-Star India Head (Infotainment and kids cluster) Amazon Pay Director (User Growth) and CMO Costco Wholesale Corporation 5/6/2022 Russ Miller - Costco Wholesale Corporation EVP and Chief Operating Officer, Southwest Division and Mexico Costco Wholesale Corporation SVP (Operations), US Walgreens Boots Alliance, Inc. 5/5/2022 Linh Peters Join Calvin Klein Global Chief Marketing Officer Walgreens Boots Alliance, Inc. SVP and Chief Marketing Officer Walgreens Boots Alliance, Inc. 5/5/2022 Luke Rauch - Walgreens Boots Alliance, Inc. Chief of Staff to the CEO Walgreens Boots Alliance, Inc. SVP and Chief Merchandising Officer Walgreens Boots Alliance, Inc. 5/5/2022 Bala Visalatha Join Walmart Inc. VP (E-Commerce), Walmart US Walgreens Boots Alliance, Inc. SVP and Chief Product Officer Hanesbrands Inc. 5/5/2022 Vanessa LeFebvre Join Adidas AG SVP (Commercial), North America Hanesbrands Inc. President (Global Activewear) Wayfair Inc. 5/5/2022 Michael Fleisher Leave Wayfair Inc. CFO - - Wayfair Inc. 5/5/2022 Kate Gulliver - Wayfair Inc. VP and Chief People Officer Wayfair Inc. SVP, CFO and CAO Target Corporation 5/5/2022 Cara Sylvester - Target Corporation EVP and Chief Marketing and Digital Officer Target Corporation EVP and Chief Guest Experience Officer Target Corporation 5/5/2022 Brett Craig - Target Corporation SVP (Digital) Target Corporation EVP and Chief Information Officer Target Corporation 5/5/2022 Matt Zabel - Target Corporation SVP (Risk and employee and labor relations) Target Corporation EVP and GC Target Corporation 5/5/2022 Christina Hennington - Target Corporation EVP and Chief Growth Officer Target Corporation EVP, Chief Growth Officer and Head, India NIKE, Inc. 5/5/2022 Johanna Nielsen - NIKE, Inc. VP (Strategic Enterprise Capabilities) NIKE, Inc. Principal Accounting Officer NIKE, Inc. 5/5/2022 Chris Abston Leave NIKE, Inc. Principal Accounting Officer - - Prada S.p.A. 5/3/2022 Andrea Bonini Join Goldman Sachs MD Prada S.p.A. Group CFO Prada S.p.A. 5/3/2022 Alessandra Cozzani Leave Prada S.p.A. CFO - - CVS Health 5/3/2022 Dr Sree Chaguturu - CVS Health Chief Medical Officer (CVS Caremark) CVS Health EVP and Chief Medical Officer CVS Health 5/2/2022 Sheryl Burke - CVS Health SVP (Cross-Enterprise Strategic Innovation) CVS Health SVP (Corporate Social Responsibility) Tapestry, Inc. 4/27/2022 David L. Casey Join CVS Health SVP (Workforce Strategies) and Chief Diversity Officer Tapestry, Inc Chief Inclusion and Social Impact Officer Prada S.p.A. 4/25/2022 Pamela Yvonne Culpepper - Prada S.p.A. Corporate Board Director Prada S.p.A. Chairwoman The Home Depot 4/19/2022 Matt Carey - The Home Depot EVP and Chief Information Officer The Home Depot EVP (Customer Experience) The Home Depot 4/19/2022 Fahim Siddiqui - The Home Depot SVP (Information Technology) The Home Depot EVP and Chief Information Officer The Procter & Gamble Company 4/14/2022 Jon R. Moeller - The Procter & Gamble Company President and CEO The Procter & Gamble Company Chairman, President and CEO The Procter & Gamble Company 4/14/2022 David Taylor Leave The Procter & Gamble Company Chairman Walmart Inc. 4/12/2022 John Rainey Join PayPal CFO and EVP (Global Customer Operations) Walmart Inc. EVP and CFO Walmart Inc. 4/12/2022 Brett Biggs Leave Walmart Inc. CFO Lowe's Companies, Inc. 4/8/2022 Brandon Sink - Lowe's Companies, Inc. SVP (Retail Finance) Lowe's Companies, Inc. EVP and CFO Lowe's Companies, Inc. 4/8/2022 Dave Denton Leave Lowe's Companies, Inc. EVP and CFO - - JD.com, Inc 4/7/2022 Lei Xu - JD.com, Inc President JD.com, Inc CEO JD.com, Inc 4/7/2022 Richard Liu JD.com, Inc CEO and Chairman JD.com, Inc Chairman The Kroger Co. 4/5/2022 Erin Rolfes - The Kroger Co. Head (Technology and Digital Communications) The Kroger Co. Director (Corporate Communications and Media Relations) Nordstrom, Inc. 4/4/2022 Scott Meden Leave Nordstrom, Inc. Chief Marketing Officer - - Nordstrom, Inc. 4/4/2022 Ken Worzel - Nordstrom, Inc. Chief Operating Officer Nordstrom, Inc. Chief Customer Officer Nordstrom, Inc. 4/4/2022 Jamie Nordstrom - Nordstrom, Inc. President (Nordstrom stores) Nordstrom, Inc. Chief Stores Officer Burlington Stores, Inc. 4/4/2022 John Crimmins Leave Burlington Stores, Inc. CFO - - Target Corporation 3/31/2022 Robert M. Harrison Leave Target Corporation Chief Accounting Officer Alibaba Group Holding Limited 3/31/2022 Chen Jun Leave Alibaba Group Holding Limited SVP Prada S.p.A. 3/23/2022 Andrea Bonini Join Goldman Sachs Group, Inc. MD Prada S.p.A. CFO Prada S.p.A. 3/23/2022 Alessandra Cozzani Leave Prada S.p.A. CFO - - Kimberly-Clark Corporation 3/22/2022 Maria Henry Leave Kimberly-Clark Corporation CFO - - Kimberly-Clark Corporation 3/22/2022 Nelson Urdaneta Join Mondelēz International SVP and Treasurer Kimberly-Clark Corporation CFO Foot Locker, Inc. 3/21/2022 Samantha Lomow Join Hasbro, Inc. President (Branded Entertainment) Foot Locker, Inc. President (Global Brands) Capri Holdings Limited 3/21/2022 Emmanuel Gintzburger Join Alexander McQueen CEO Capri Holdings Limited CEO (Versace) DICK's Sporting Goods, Inc. 3/21/2022 Lee Belitsky Leave DICK's Sporting Goods, Inc. EVP (Real Estate, Supply Chain and Gamechanger) - - VF Corporation 3/17/2022 Kevin Bailey - VF Corporation EVP and Group President (Emerging Brands), Asia Pacific VF Corporation President (Vans) Guess?, Inc. 3/16/2022 Dennis Secor Join Kristin School Member, Board of Governors Guess?, Inc. Interim CFO Guess?, Inc. 3/16/2022 Katie Anderson Leave Guess?, Inc. CFO - - Hanesbrands, Inc. 3/15/2022 Jon Ram Leave Hanesbrands, Inc. President (Global Activewear) - - Macy’s, Inc. 3/14/2022 Emily Erusha-Hilleque Join Target Design Director (RTW, Young Contemporary and Design Partnerships) Macy’s, Inc SVP (Private Brands) The Estée Lauder Companies Inc. 3/11/2022 Israel Assa - The Estée Lauder Companies Inc. President (Commercial and Travel Retail), Worldwide The Estée Lauder Companies Inc. Global President (Travel Retail), Worldwide The Estée Lauder Companies Inc. 3/11/2022 Olivier Bottrie Leave The Estée Lauder Companies Inc. Global President (Travel Retail and Retail Development) The Estée Lauder Companies Inc. 3/11/2022 Javier Simon - The Estée Lauder Companies Inc. President (Travel Retail), Asia Pacific The Estée Lauder Companies Inc. President (Commercial and Travel Retail), Worldwide The Estée Lauder Companies Inc. 3/11/2022 Andrea Dorigo - The Estée Lauder Companies Inc. Head of Commercial, North America The Estée Lauder Companies Inc. SVP, GM (Global Retail) and Head of Commercial, North America Colgate-Palmolive Company 3/10/2022 Ram Raghavan - Colgate-Palmolive Company MD and CEO, India Colgate-Palmolive Company President (Oral Care) Marks and Spencer Group plc 3/10/2022 Steve Rowe Leave Marks and Spencer Group plc CEO - - Marks and Spencer Group plc 3/10/2022 Stuart Machin - Marks and Spencer Group plc COO and MD (Foods) Marks and Spencer Group plc Co-CEO Marks and Spencer Group plc 3/10/2022 Katie Bickerstaffe - Marks and Spencer Group plc Joint COO Marks and Spencer Group plc Co-CEO Marks and Spencer Group plc 3/10/2022 Eoin Tonge Marks and Spencer Group plc CFO Marks and Spencer Group plc Chief Strategy and Finance Officer. Columbia Sportswear Company 3/9/2022 Pri Shumat Join Airbnb Head of Marketing Experiences & Olympics Columbia Sportswear Company Chief Marketing Officer - Columbia Brand Capri Holdings Limited 3/7/2022 Joshua Schulman Leave Capri Holdings Limited CEO, Michael Kors - - The Clorox Company 3/2/2022 Tony Matta Leave The Clorox Company EVP and Chief Growth Officer - - The Clorox Company 3/2/2022 Stacey Grier - The Clorox Company SVP, Chief Marketing and Strategy Officer The Clorox Company EVP and Chief Growth and Strategy Officer Qurate Retail, Inc. 3/2/2022 Mike Fitzharris - Qurate Retail, Inc. Chief Commercial Office HSN and QVC, US Qurate Retail, Inc. President- QVC, US Qurate Retail, Inc. 3/2/2022 Rob Muller - Qurate Retail, Inc. SVP (Global Strategy and Business Development QVC and HSN) Qurate Retail, Inc. President, HSN Qurate Retail, Inc. 3/2/2022 Mary Campbell - Qurate Retail, Inc. Chief Content, Digital and Platforms Officer QVC, US and HSN Qurate Retail, Inc. President (Accelerating Streaming Innovation) Ralph Lauren Corporation 3/2/2022 Howard Smith Leave Ralph Lauren Corporation EVP and Chief Commercial Officer - - The Estée Lauder Companies Inc. 2/28/2022 John Demsey Leave The Estée Lauder Companies Inc. Executive Group President - - Floor & Decor Holdings, Inc. 2/24/2022 Ersan Sayman - Floor & Decor Holdings, Inc. SVP (Merchandising) Floor & Decor Holdings, Inc. EVP (Merchandising) Sprouts Farmers Market, Inc. 2/24/2022 Nicholas Konat Join Petco Health and Wellness Company, Inc. Chief Merchandising Officer Sprouts Farmers Market, Inc President and COO Bath & Body Works, Inc. 2/23/2022 Andrew Meslow Leave Bath & Body Works, Inc. CEO - - Bath & Body Works, Inc. 2/23/2022 Sarah E. Nash - Bath & Body Works, Inc. Chair Bath & Body Works, Inc Executive Chair and Interim CEO Hermès International S.A. 2/21/2022 Agnès de Villers - Hermès International S.A. CEO - Hermès Parfums Hermès International S.A. President and CEO - Hermès Parfum et Beauté Dollar Tree, Inc. 2/18/2022 Bob Sasser Leave Dollar Tree, Inc. Executive Chairman - - Levi Strauss & Co 2/15/2022 Jennifer Sey Leave Levi Strauss & Co President (Global Brand) Wayfair Inc. 2/15/2022 Sean Halligan Join Cardinal Health SVP (Supply Chain) Wayfair Inc. Chief Global Supply Chain Officer Petco Health and Wellness Company, Inc. 2/11/2022 Amy College - Petco Health and Wellness Company, Inc. SVP (Operations and Strategy) and Territory General Manager Petco Health and Wellness Company, Inc. Chief Merchandising Officer The Kroger Co. 2/9/2022 Victor Smith - The Kroger Co. President, Delta Division The Kroger Co. President, Atlanta Division PVH Corp 2/9/2022 Jim Holmes - PVH Corp Interim CFO PVH Corp EVP and Controller PVH Corp 2/9/2022 Zac Coughlin Join DFS Group Limited (a subsidiary of LVMH Group) Group CFO and COO - DFS Group PVH Corp. EVP and CFO The Kroger Co. 2/8/2022 Mark Tuffin Leave The Kroger Co. SVP (Retail divisions) - - The Kroger Co. 2/8/2022 Kenny Kimball - The Kroger Co. President (Smith division) The Kroger Co SVP (Retail divisions) Koninklijke Ahold Delhaize N.V. 2/4/2022 Vassilis Stavrou Leave Koninklijke Ahold Delhaize N.V. President of Alfa Beta RH 2/4/2022 Christina Hargarten - RH VP (Accounting) RH Chief Accounting officer Costco Wholesale Corporation 2/2/2022 Ron Vachris - Costco Wholesale Corporation COO (Merchandising) Costco Wholesale Corporation President and COO Costco Wholesale Corporation 2/2/2022 Craig Jelinek - Costco Wholesale Corporation President Costco Wholesale Corporation CEO The Estée Lauder Companies 2/1/2022 Daniel Mahler - The Estée Lauder Companies EVP (Global Transformation and Category Leadership) The Estée Lauder Companies EVP (Strategy and Transformation) Compagnie Financière Richemont SA 2/1/2022 Bérangère Ruchat Join Firmenich Group SVP (Sustainability) Compagnie Financière Richemont SA Chief Sustainability Officer ContextLogic Inc. 1/31/2022 Vijay Talwar Join Foot Locker CEO, Europe, Middle East and Africa ContextLogic Inc. CEO ContextLogic Inc. 1/31/2022 Piotr Szulczewski - ContextLogic Inc. CEO ContextLogic Inc. Member of the Board The Home Depot 1/27/2022 Edward Decker - The Home Depot President and COO The Home Depot CEO and President The Home Depot 1/27/2022 Craig Menear - The Home Depot Chairman and CEO The Home Depot Chairman Wayfair Inc. 1/26/2022 Fiona Tan Join Wayfair Inc. Global Head (Customer and Supplier Technology) Wayfair Inc. Chief Technology Officer Wayfair Inc. 1/26/2022 Jim Miller Leave Wayfair Inc. Chief Technology Officer NIKE, Inc. 1/26/2022 Ann Miller - NIKE, Inc. VP, Corporate Secretary and Chief Ethics and Compliance Officer NIKE, Inc EVP and General Counsel NIKE, Inc. 1/26/2022 Hilary Krane Leave NIKE, Inc. EVP, Chief Administrative Officer and General Counsel Stitch Fix, Inc 1/24/2022 Sachin Dhawan Join Visa Inc SVP (Infrastructure and Operations) Stitch Fix, Inc. Chief Technology Officer Ulta Beauty, Inc. 1/17/2022 Jeffrey J. Childs Leave Ulta Beauty, Inc. CHRO Ulta Beauty, Inc. 1/17/2022 Anita Ryan - Ulta Beauty, Inc. SVP, Human Resources Ulta Beauty, Inc. CHRO VF Corporation 1/11/2022 Nicole Otto Join Nike VP–Nike Direct, North America V.F. Corporation Global Brand President–The North Face VF Corporation 1/11/2022 Steve Murray Leave V.F. Corporation Global Brand President–The North Face Unibail-Rodamco-Westfield 1/6/2022 Christi Karandikar - Unibail-Rodamco-Westfield EVP, Human Resources (US) Unibail-Rodamco-Westfield Executive Managing Director, Group People Officer and member of the Executive Committee lululemon athletica inc 1/6/2022 Michael Aragon Join Twitch (Amazon.com, Inc.) Chief Content Officer- Twitch lululemon athletica inc CEO (MIRROR) and lululemon Digital Fitness Zalando SE 12/16/2021 Sandra Dembeck Join Compass Group Plc Corporate Finance Director Zalando SE CFO Zalando SE 12/16/2021 David Schröder - Zalando SE CFO Zalando SE COO The Kroger Co. 12/15/2021 Laura Gump - The Kroger Co. VP, Merchandising (Houston Division) The Kroger Co. President, Houston Division Grocery Outlet Holding Corp. 12/15/2021 Pamela Burke - Grocery Outlet Holding Corp Chief Administrative Officer and General Counsel Grocery Outlet Holding Corp Chief Stores Officer Grocery Outlet Holding Corp. 12/15/2021 Heather Mayo Leave Grocery Outlet Holding Corp Chief Sales & Merchandising Officer, East - - Ollie’s Bargain Outlet Holdings, Inc. 12/13/2021 Mario Sampson Join Unique Industries SVP,Operations Ollie’s Bargain Outlet Holdings, Inc. SVP, Supply Chain Unibail-Rodamco-Westfield SE 12/9/2021 Sylvain Montcouquiol - Unibail-Rodamco-Westfield SE Executive Managing Director of Human Resources Unibail-Rodamco-Westfield SE Chief Resources and Sustainability Officer (CRSO) and member of the Management Board Unibail-Rodamco-Westfield SE 12/9/2021 Astrid Panosyan Leave Unibail-Rodamco-Westfield SE Chief Resources and Sustainability Officer Alibaba Group Holding Limited 12/5/2021 Toby Xu - Alibaba Group Holding Limited Deputy CFO Alibaba Group Holding Limited CFO Alibaba Group Holding Limited 12/5/2021 Maggie Wu Leave Alibaba Group Holding Limited CFO Walmart Inc. 11/29/2021 Brett Biggs Leave Walmart Inc. EVP and CFO Canada Goose Holdings Inc. 11/24/2021 Paul Cadman Join PMC Global Hong Kong Ltd CEO Canada Goose Holdings Inc. President, Asia-Pacific L'Oréal S.A. 11/24/2021 Krishna Vilasini Bharadwaj Join Abbott Healthcare Pvt. Ltd. Head of Public Affairs L'Oréal S.A. Director, Corporate Affairs & Engagement The Kroger Co. 11/22/2021 Rod Antolock Leave The Kroger Co. President - Harris Teeter - - The Kroger Co. 11/22/2021 Tammy DeBoer - The Kroger Co. SVP (Merchandising, Operations, and Marketing) - Harris Teeter The Kroger Co. President - Harris Teeter The Estée Lauder Companies 11/19/2021 Joy Fan Join The Estée Lauder Companies GM and VP, Asia Pacific The Estée Lauder Companies President and CEO, China The Estée Lauder Companies 11/19/2021 Mark Loomis - The Estée Lauder Companies President, Asia Pacific The Estée Lauder Companies President, North America The Estée Lauder Companies 11/19/2021 Matthew Growdon - The Estée Lauder Companies GM, Japan The Estée Lauder Companies SVP and GM, Asia Pacific Foot Locker, Inc. 11/18/2021 Franklin R. Bracken - Foot Locker, Inc. EVP and CEO, North America Foot Locker, Inc COO Foot Locker, Inc. 11/18/2021 Susan J. Kuhn - Foot Locker, Inc. SVP and GM, Europe Foot Locker, Inc President, EMEA and GM, Europe Stitch Fix, Inc. 11/18/2021 Sarah Barkema Join Fortive VP (Finance and Reporting) Stitch Fix, Inc Chief Accounting Officer Capri Holdings Limited 11/17/2021 Cedric Wilmotte - Capri Holdings Limited President, EMEA - Michael Kors Capri Holdings Limited Interim CEO - Versace The Estée Lauder Companies 11/16/2021 Chris Good leave The Estée Lauder Companies Group President, North America - - Coty Inc. 11/16/2021 Shimei Fan Join Shiseido (Americas Innovation Center) SVP Coty Inc. Chief Scientific Officer ContextLogic Inc. 11/10/2021 Piotr Szulczewski Leave ContextLogic Inc. CEO - - RH 11/8/2021 DeMonty Price Leave RH President and Chief Operating, Service and Values Officer - - RH 11/8/2021 Stefan Duban - RH SVP and Chief Gallery Officer RH Chief Gallery and Customer Office RH 11/8/2021 Fernando Garcia - RH President (Home Delivery) RH Chief Supply Chain Officer and President (Home Delivery) RH 11/8/2021 Sandy Pilon - RH Chief People Officer RH Chief People and Values Office The Estée Lauder Companies Inc. 10/28/2021 Peter Jueptner - The Estée Lauder Companies Inc. President ((EMEA) The Estée Lauder Companies Inc. Group President (International) The Estée Lauder Companies Inc. 10/28/2021 Cedric Prouvé Leave The Estée Lauder Companies Inc. Group President (International) - - The Estée Lauder Companies Inc. 10/28/2021 Nadine Graf - The Estée Lauder Companies Inc. Vice President, General Manager, EMEA Markets The Estée Lauder Companies Inc. Senior Vice President, General Manager, EMEA The Estée Lauder Companies Inc. (NYSE:EL) 10/26/2021 Cedric Prouvé Leave The Estée Lauder Companies Inc. (NYSE:EL) Group President, International - - BJ’s Wholesale Club Holdings, Inc. 10/25/2021 Rachael Vegas Join H-E-B SVP (E-Commerce Merchandising) BJ’s Wholesale Club Holdings, Inc. EVP and Chief Merchandising Officer BJ’s Wholesale Club Holdings, Inc. 10/25/2021 Tim Morningstar - BJ’s Wholesale Club Holdings, Inc. SVP (Membership Acquisition and Loyalty) BJ’s Wholesale Club Holdings, Inc. EVP and Chief Membership Office BJ’s Wholesale Club Holdings, Inc. 10/25/2021 Monica Schwartz - BJ’s Wholesale Club Holdings, Inc. SVP and Chief Digital Officer BJ’s Wholesale Club Holdings, Inc. EVP and Chief Digital Officer Contextlogic Inc. 10/25/2021 Vivian Liu Join Shutterfly, Inc. SVP and CFO ContextLogic Inc. CFO Levi Strauss & Co. 10/25/2021 Sanjeev Mohanty - Levi Strauss & Co. SVP and MD, South Asia-Middle East and Africa Levi Strauss & Co SVP and MD, US and Canada The Home Depot, Inc. 10/22/2021 John Deaton - The Home Depot, Inc. SVP (Retail Operations) The Home Depot, Inc. VP (Supply Chain and Product Development) The Home Depot, Inc. 10/22/2021 Mark Holifield Leave The Home Depot, Inc. VP (Supply Chain and Product Development) - - Burberry Group plc 10/20/2021 Jonathan Akeroyd Join Capri Holdings Limited CEO, Versace Burberry Group plc CEO CVS Health Corporation 10/18/2021 Joneigh Khaldun Join Michigan Department of Health and Human Services Chief Medical Executive and Chief Deputy Director CVS Health Corporation VP and Chief Health Equity Officer Under Armour, Inc. 10/14/2021 Massimo Baratto - Under Armour, Inc. Managing Director, EMEA region Under Armour, Inc. EVP, Chief Consumer Officer Walgreens Boots Alliance, Inc. Announces 10/12/2021 Holly Ma Join Abercrombie & Fitch Co Global Chief Human Resources Officer Walgreens Boots Alliance, Inc. Announces EVP and Global Chief Human Resources Officer Walgreens Boots Alliance, Inc. Announces 10/12/2021 Anita Allemand Join Optum Senior Vice President of Health Solutions Walgreens Boots Alliance, Inc. Announces Chief Transformation and Integration Officer. ASOS Plc 10/11/2021 Mat Dunn - ASOS Plc CFO ASOS Plc CFO and COO ASOS Plc 10/11/2021 Nick Beighton Leave ASOS Plc CEO ASOS Plc 10/11/2021 Ian Dyson - ASOS Plc Non-Executive Director ASOS Plc Chairman ASOS Plc 10/11/2021 Katy Mecklenburgh - ASOS Plc Director (Group Finance) ASOS Plc Interim CFO ASOS Plc 10/11/2021 Adam Crozier Leave ASOS Plc Chairman Walmart Inc. 10/6/2021 Chris Nicholas - cc EVP and CFO, US Walmart Inc. COO, US Walmart Inc. 10/6/2021 Seth Dallaire Join Instacart Chief Revenue Officer Walmart Inc. Chief Revenue Officer, US Walmart Inc. 10/6/2021 Steve Schmitt - Walmart Inc. EVP and CFO (Omnichannel, US) Walmart Inc. CFO, US Kering SA 10/1/2021 Thierry Marty Join Louis Vitton CEO, Korea Kering SA President, North and South-East Asia Pacific Koninklijke Ahold Delhaize N.V. 9/30/2021 Natalia Wallenberg Join Syngenta Group Global Head of Human Resources (Crop Protection) Koninklijke Ahold Delhaize N.V. Chief Human Resources Officer Ross Stores, Inc. 9/29/2021 Adam Orvos - Ross Stores, Inc. SVP (Supply Chain Administration) Ross Stores, Inc. EVP and CFO The RealReal, Inc. 9/21/2021 Robert Julian Join Sportsman's Warehouse Holdings Inc. EVP and CFO The RealReal, Inc. CFO The RealReal, Inc. 9/21/2021 Matt Gustke Leave The RealReal, Inc. CFO - - Tapestry, Inc. 9/17/2021 Susan Kropf Leave Tapestry, Inc. Chairman - - eBay Inc. 9/10/2021 Jae Hyun Lee Leave eBay Inc. SVP, International JD.Com, Inc. 9/6/2021 Lijun Xin - JD.Com, Inc. Executive director and CEO - JD Health JD.Com, Inc. CEO - JD Retail JD.Com, Inc. 9/6/2021 Enlin Jin - JD.Com, Inc. Head of Strategy and Investment - JD Health JD.Com, Inc. CEO - JD Health International JD.Com, Inc. 9/6/2021 Lei Xu - JD.Com, Inc. CEO - JD Retail JD.Com, Inc. President Costco Wholesale Corporation 9/3/2021 Joseph Portera leave Costco Wholesale Corporation EVP, Eastern and Canadian Divisions - - Costco Wholesale Corporation 9/3/2021 Yoram Rubananko - Costco Wholesale Corporation SVP and GM, Southeast Region Costco Wholesale Corporation EVP, Northeast and Southeast Region Target Corporation 9/1/2021 Mike McNamara leave Target Corporation Chief Information Officer - - PVH Corp 8/31/2021 James W. Holmes - PVH Corp SVP and Controller PVH Corp EVP, Interim CFO and Controller Walgreens Boots Alliance, Inc 8/27/2021 Danielle Gray Join Blue Cross and Blue Shield of North Carolina SVP, Chief Legal & Administrative Officer and Corporate Secretary Walgreens Boots Alliance, Inc EVP and Global Chief Legal Officer Walgreens Boots Alliance, Inc 8/27/2021 Tracey Brown Join American Diabetes Association CEO Walgreens Boots Alliance, Inc President (Retail Products) and Chief Customer Officer Walgreens Boots Alliance, Inc 8/27/2021 Jeff Gruener Join PVH Corp SVP (Finance & Strategy) Walgreens Boots Alliance, Inc SVP and CFO Target Corporation 8/25/2021 Sarah Travis Join Google MD (Retail) Target Corporation President - Roundel Capri Holdings Limited 8/24/2021 Joshua Schulman Join Tapestry, Inc CEO - Coach Capri Holdings Limited CEO, Michael Kors Capri Holdings Limited 8/24/2021 Joshua Schulman Join Tapestry, Inc. President and CEO - Coach Capri Holdings Limited CEO - Michael Kors Dick's Sporting Goods 8/19/2021 Navdeep Gupta - Dick's Sporting Goods SVP (Finance) and Chief Accounting Officer DICK'S Sporting Goods EVP and Chief Financial Officer Dick's Sporting Goods 8/19/2021 Lee Belitsky - Dick's Sporting Goods EVP and Chief Financial Officer DICK'S Sporting Goods EVP Walmart Inc. 8/18/2021 Matt Miner Join Lewis & Bockius LLP Partner Walmart Inc. EVP and Global Chief Ethics and Compliance Officer Ollie’s Bargain Outlet Holdings, Inc. 8/12/2021 Ray Daugherty Leave Ollie’s Bargain Outlet Holdings, Inc. SVP (Supply Chain) - - HanesBrands 8/11/2021 Maria Teza - HanesBrands VP and GM (Intimates) HanesBrands SVP (Champion Brand), U.S Albertsons Companies 8/10/2021 Sharon McCollam Join - - Albertsons Companies President and CFO Albertsons Companies 8/10/2021 Bob Dimond leave Albertsons Companies President and CFO - - Instacart 8/4/2021 Carolyn Everson Join Facebook VP (Global Marketing Solutions) Instacart President Contextlogic Inc. 8/2/2021 Tarun Jain Join Google Director (Product Management) Contextlogic Inc. Chief Product Officer. The Kroger Co. 7/27/2021 Keith Shoemaker Join The Kroger Co. VP (Operations Dallas division) The Kroger Co President (Dallas division) The Kroger Co. 7/27/2021 Adam Wampler Leave The Kroger Co. President (Dallas division) - - The Kroger Co. 7/22/2021 Lori Raya Join SpartanNash Chief Merchandising and Marketing Officer The Kroger Co. President (Mid-Atlantic Division) The Kroger Co. 7/22/2021 Paula Ginnett - The Kroger Co. President (Mid-Atlantic Division) The Kroger Co Group VP (Retail Operations) The Kroger Co. 7/21/2021 Rob Quast - The Kroger Co. Director (Risk Management) The Kroger Co. Director (Investor Relations) Coty Inc 7/21/2021 Constantin Sklavenitis Join MAC Cosmetics SVP and GM, North America Coty Inc Chief Prestige Brands Officer The Estée Lauder Companies 7/20/2021 Daniel Mahler - The Estée Lauder Companies Co-Chair, Global Transformation Committee The Estée Lauder Companies EVP (Global Transformation and Category Leadership) Nordstrom, Inc. 7/20/2021 Farrell Redwine - Nordstrom, Inc. SVP (Human Resources) Nordstrom, Inc. Chief Human Resources Officer. Walgreens Boots Alliance, Inc. 7/20/2021 Manmohan Mahajan - Walgreens Boots Alliance, Inc. VP, Assistant Global Controller Walgreens Boots Alliance, Inc. SVP, Global Controller and Chief Accounting Office Estee Lauder Companies Inc 7/15/2021 Sue Fox - Estee Lauder Companies Inc SVP and General Manager, UK and Ireland Estee Lauder Companies Inc President, UK and Ireland Burlington Stores, Inc. 7/15/2021 Travis Marquette Join Ross Stores, Inc. EVP and CFO Burlington Stores, Inc. President and Chief Operating Officer Ross Stores, Inc. 7/14/2021 Travis Marquette Leave Ross Stores, Inc. EVP and CFO - - The Kroger Co. 7/14/2021 Valerie Jabbar - The Kroger Co. Group VP (Center Store Merchandising) The Kroger Co. SVP (Retail Divisions) The Kroger Co. 7/14/2021 Steve McKinney Leave The Kroger Co. SVP (Retail Divisions) - - Qurate Retail, Inc. 7/13/2021 David Rawlinson II Join NielsenIQ CEO Qurate Retail, Inc President and CEO Qurate Retail, Inc. 7/13/2021 Mike George Leave Qurate Retail, Inc President and CEO - - Big Lots, Inc. 7/13/2021 Gurmeet Singh Join Al Futtaim Group Chief Digital Officer Big Lots, Inc. EVP, Chief Technology Officer Big Lots, Inc. 7/13/2021 Stew Wenerstrom Leave Big Lots, Inc. Chief Technology Officer - - ContextLogic Inc. 7/12/2021 Farhang Kassaei Join Google Senior Director ContextLogic Inc. Chief Technology Officer Instacart 7/8/2021 Fidji Simo Join Facebook Head (Facebook App) Instacart CEO Instacart 7/8/2021 Apoorva Mehta - Instacart Founder and CEO Instacart Chairman Dollar General Corporation 7/7/2021 Albert Wu Join McKinsey & Company Engagement Manager Dollar General Corporation VP and Chief Medical Officer The Estée Lauder Companies Inc. 7/1/2021 Michelle Freyre - The Estée Lauder Companies Inc. SVP and Global General Manager - Clinique The Estée Lauder Companies Inc. Global Brand President - Clinique The Estée Lauder Companies Inc. 7/1/2021 Glenn Evans - The Estée Lauder Companies Inc. SVP and General Manager - Smashbox The Estée Lauder Companies Inc. Global Brand President - Smashbox and GLAMGLOW Williams-Sonoma, Inc 6/30/2021 Jason Edelman Join RH SVP (Merchandising - Furniture) Williams-Sonoma, Inc SVP (Williams Sonoma Home brand) ContextLogic Inc. 6/30/2021 Rajat Bahri Leave ContextLogic Inc. CFO - - Burberry Group Plc 6/28/2021 Marco Gobbetti Leave Burberry Group Plc CEO - - Stitch Fix, Inc. 6/28/2021 Katrina Lake - Stitch Fix, Inc. Founder and CEO Stitch Fix, Inc Executive Chairperson Stitch Fix, Inc. 6/28/2021 Elizabeth Spaulding - Stitch Fix, Inc. President Stitch Fix, Inc CEO Coty Inc. 6/25/2021 Richard Jones Leave Coty Inc. Chief Supply Officer and Head (R&D) L'Oréal S.A. 6/24/2021 Alexandre Popoff Leave L'Oréal S.A. President, Eastern Europe - - L'Oréal S.A. 6/24/2021 Vianney Derville - L'Oréal S.A. President, Western Europe L'Oréal S.A. President, Europe Albertsons Companies, Inc. 6/16/2021 Jennifer Saenz Join PepsiCo Global Chief Marketing Officer and President Albertsons Companies, Inc. EVP, Chief Merchandising Officer RH 6/16/2021 Glenda Citragno Leave RH SVP and Chief Accounting Officer Unibail-Rodamco-Westfield SE 6/15/2021 Caroline Puechoultres Join Carrefour Sales and Strategy director Unibail-Rodamco-Westfield SE Chief Customer Officer (CCO) PVH Corp 6/2/2021 Mike Shaffer Leave PVH Corp Chief Operating and Financial Officer - - PVH Corp 6/2/2021 Cheryl Abel-Hodges Leave PVH Corp CEO - Calvin Klein - - Capri Holdings Limited 6/1/2021 Jenna A. Hendricks - Capri Holdings Limited SVP (Global Human Resource) Capri Holdings Limited SVP and Chief People Officer Amazon.com, Inc. 5/27/2021 Jeff Bezos Leave Amazon.com, Inc. CEO - - Amazon.com, Inc. 5/27/2021 Andy Jassy - Amazon.com, Inc. CEO (Amazon Web Services) Amazon.com, Inc. CEO Coty Inc. 5/26/2021 Andrew Stanleick - Coty Inc. EVP, Americas Coty Inc. CEO - Kylie Jenner Beauty Brands Coty Inc. 5/21/2021 Simona Cattaneo Leave Coty Inc. President (Luxury Brands) - - Walgreens Boots Alliance, Inc. 5/20/2021 Heather Dixon Leave Walgreens Boots Alliance, Inc. SVP, Global Controller and Chief Accounting Officer - - CVS Health Corporation 5/18/2021 Shawn Guertin Join DaVita Kidney Care and TriNet Member Board Of Directors CVS Health Corporation EVP and CFO eBay Inc. 5/17/2021 Steve Priest Join JetBlue's CFO eBay Inc CFO Contextlogic Inc. 5/12/2021 Jacqueline Reses - Square Financial Services LLC Executive Chairperson Contextlogic Inc. Executive Chairperson The Estée Lauder Companies Inc. 5/11/2021 Meridith Webster Join Vox Media, Inc. COO The Estée Lauder Companies Inc. EVP Global Communications and Public Affairs The RealReal, Inc. 5/10/2021 Matt Gustke Leave The RealReal, Inc. CFO - - Burlington Stores, Inc. 5/6/2021 Fred Hand Leave Burlington Stores, Inc. COO Tuesday Morning CEO L'Oréal S.A. 5/5/2021 Asmita Dubey - L'Oréal S.A. Chief Media Officer and Chief Digital Officer (Consumer Products Division) L'Oréal S.A. Chief Digital Officer eBay Inc. 5/5/2021 Stefanie Jay Join Walmart VP and GM (Walmart Connect) eBay Inc. Chief Business and Strategy Officer Ollie’s Bargain Outlet Holdings, Inc. 5/3/2021 Eric van der Valk Join Christmas Tree Shops President and COO Ollie’s Bargain Outlet Holdings, Inc. EVP and COO Walgreens Boots Alliance, Inc. 4/30/2021 Alexander W. Gourlay - Walgreens Boots Alliance, Inc. Co-COO Walgreens Boots Alliance, Inc. Senior Advisor to CEO Walgreens Boots Alliance, Inc. 4/30/2021 Ornella Barra - Walgreens Boots Alliance, Inc. Co-COO Walgreens Boots Alliance, Inc. COO, International Tapestry, Inc. 4/29/2021 Scott A. Roe Join VF Corporation CFO Tapestry, Inc CFO Tapestry, Inc. 4/29/2021 Andrea Shaw Resnick - Tapestry, Inc Interim CFO Tapestry, Inc Chief Communications Officer Tapestry, Inc. 4/29/2021 Christina Colone - Tapestry, Inc VP (Investor Relations) Tapestry, Inc Global Head (Investor Relations) HanesBrands 4/29/2021 Michael Dastugue Join Walmart,U.S EVP and CFO HanesBrands CFO Best Buy Co. 4/29/2021 Mike Mohan Leave Best Buy Co President and COO - - Levi Strauss & Co. 4/26/2021 Gavin Brockett Leave Levi Strauss & Co. SVP, Global Controller and Principal accounting officer - - Levi Strauss & Co. 4/26/2021 Lisa Stirling - Levi Strauss & Co. VP and Assistant Global Controller. Levi Strauss & Co. Global Controller and principal accounting officer V.F. Corporation 4/22/2021 Matt Puckett - V.F. Corporation VP (Global Financial Planning & Analysis) V.F. Corporation EVP and CFO V.F. Corporation 4/22/2021 Scott Roe leave V.F. Corporation CFO - - Albertsons Companies, Inc. 4/22/2021 Danielle Crop Join American Express Chief Data Officer Albertsons Companies, Inc SVP and Chief Data Office RH 4/22/2021 David Stanchak Leave RH President and Chief Real Estate and Development Officer - - L'Oréal S.A 4/20/2021 Jean-Paul Agon - L'Oréal S.A Chairman and CEO L'Oréal S.A Chairman L'Oréal S.A 4/20/2021 Nicolas Hieronimus - L'Oréal S.A President (Luxury, Active Cosmetics, Professional Products) L'Oréal S.A CEO BJ's Wholesale Club Holdings, Inc. 4/19/2021 Bill Werner - BJ's Wholesale Club Holdings, Inc. SVP (Strategic Planning and Investor Relations) BJ's Wholesale Club Holdings, Inc. EVP (Strategy and Development) BJ's Wholesale Club Holdings, Inc. 4/19/2021 Paul Cichocki - BJ's Wholesale Club Holdings, Inc. EVP (Membership, Analytics and Business Transformation) BJ's Wholesale Club Holdings, Inc. EVP and Chief Commercial Office BJ's Wholesale Club Holdings, Inc. 4/19/2021 Bob Eddy - BJ's Wholesale Club Holdings, Inc. Interim CEO, EVP and CFO BJ's Wholesale Club Holdings, Inc. President and CEO BJ's Wholesale Club Holdings, Inc. 4/19/2021 Laura Felice - BJ's Wholesale Club Holdings, Inc. SVP and Controller BJ's Wholesale Club Holdings, Inc. EVP and CFO Intel Corporation 4/15/2021 Dawn Jones - Intel Corporation Gobal director (Policy, Strategy and Partnerships) Intel Corporation Chief Diversity and Inclusion Officer and VP (Social Impact) Tapestry, Inc. 4/15/2021 Todd Kahn - Tapestry, Inc. Interim CEO and Brand President - Coach Tapestry, Inc. CEO and Brand President - Coach Tapestry, Inc. 4/15/2021 Joanne Crevoiserat - Tapestry, Inc. CEO Tapestry, Inc. President and CEO The Estée Lauder Companies 4/13/2021 Alexandra Trower Leave The Estée Lauder Companies EVP (Global Communications) - - Dollar Tree, Inc. 4/13/2021 Alasdair James Join Pier 1 Imports CEO Dollar Tree, Inc. EVP (Merchandising and Supply Chain) Stitch Fix, Inc. 4/13/2021 Katrina Lake - Stitch Fix, Inc CEO Stitch Fix, Inc Chairman Stitch Fix, Inc. 4/13/2021 Elizabeth Spaulding - Stitch Fix, Inc President Stitch Fix, Inc CEO Urban Outfitters, Inc. 4/12/2021 Hillary Super Leave Urban Outfitters, Inc. Global CEO - Anthropologie Group - - x 4/12/2021 Tricia D. Smith Join Tilly’s EVP and Chief Merchandising Officer Urban Outfitters, Inc. Global CEO - Anthropologie Group VF Corporation 3/31/2021 Andreas Olsson - VF Corporation Director (Group Digital Accounts), EMEA VF Corporation General Manager - Dickies, EMEA VF Corporation 3/31/2021 Massimo Ferrucci - VF Corporation GM (Emerging Markets) VF Corporation President - Napapijri and GM (Emerging Markets) VF Corporation 3/31/2021 Argu Secilmis - VF Corporation VP(Global Apparel) - Timberland VF Corporation VP (Product and Marketing) - Napapijri VF Corporation 3/31/2021 Stuart Pond - VF Corporation VP (Supply Chain), Asia Pacific region VF Corporation VP (Supply Chain Operations), EMEA VF Corporation 3/31/2021 Timo Schmidt-Eisenhart Leave VF Corporation President - Napapijri - - VF Corporation 3/31/2021 Darren Miller Leave VF Corporation VP (Supply Chain Operations), EMEA - - Qurate Retail, Inc. 3/31/2021 David Gerbitz Join David Gerbitz, LLC Advisor and Executive Coach Qurate Retail, Inc. Chief People Officer Foot Locker, Inc. 3/25/2021 Andrew E. Page Join Advance Auto Parts, Inc SVP, Chief Accounting Officer and Controller Foot Locker, Inc EVP and CFO Stitch Fix, Inc. 3/23/2021 Sharon Chiarella Join Amazon VP (Community Shopping) Stitch Fix, Inc. Chief Product Officer Ulta Beauty Inc 3/11/2021 Kecia Steelman - Ulta Beauty Inc Chief Store Operations Officer Ulta Beauty Inc Chief Operating Officer Ulta Beauty Inc 3/11/2021 Dave Kimbell - Ulta Beauty Inc President Ulta Beauty Inc CEO Ulta Beauty Inc 3/11/2021 Mary Dillon Leave Ulta Beauty Inc CEO Ulta Beauty Inc Executive Chairman Wayfair Inc. 3/11/2021 Ed Macri Leave Wayfair Inc. Chief Product and Marketing Officer - - BJ's Wholesale Club Holdings, Inc. 3/9/2021 Lee Delaney Leave BJ's Wholesale Club Holdings, Inc. President and CEO - - BJ's Wholesale Club Holdings, Inc. 3/9/2021 Bob Eddy - BJ's Wholesale Club Holdings, Inc. EVP, Chief Administrative and Financial Officer BJ's Wholesale Club Holdings, Inc. Interim CEO BJ's Wholesale Club Holdings, Inc. 3/9/2021 Christopher J. Baldwin - BJ's Wholesale Club Holdings, Inc. Chairman BJ's Wholesale Club Holdings, Inc. Executive Chairman NIKE, Inc. 3/9/2021 Sarah Mensah NIKE, Inc. VP and GM, APLA NIKE, Inc. VP and GM, North America NIKE, Inc. 3/9/2021 Ann Hebert NIKE, Inc. VP and GM, North America - - NIKE, Inc. 3/9/2021 Amy Montagne NIKE, Inc. VP and GM (Global Merchandising) NIKE, Inc. VP and GM, APLA NIKE, Inc. 3/9/2021 Aaron Cain NIKE, Inc. VP and GM (Men's), North America NIKE, Inc. VP and GM (Men’s) Hanesbrands Inc. 3/5/2021 Tracy Preston Join The Neiman Marcus Group EVP, chief legal officer, corporate secretary and chief compliance office Hanesbrands Inc. General counsel, corporate secretary and chief compliance officer Foot Locker, Inc 3/5/2021 Melody Ehsani Join Melody Ehsani Design Inc. CEO Foot Locker, Inc Creative Director ( women's business) Hanesbrands Inc. 3/3/2021 Jane Newman - Hanesbrands Inc. Creative Director (Hanes Australasia Apparel Group) Hanesbrands Inc. Chief Design Officer (Global Innerwear) VF Corporation 3/3/2021 Susie Mulder Join NIC+ZOE CEO VF Corporation Global Brand President - Timberland Capri Holdings Limited 3/2/2021 Alejandro Martinez-Galindo Join Walgreens Boots Alliance Chief Information Officer Capri Holdings Limited Chief Information Officer The Kroger Co 3/1/2021 Mike Donnelly Leave The Kroger Co EVP and COO - - Macy's, Inc. 3/1/2021 John Harper Leave Macy's, Inc. COO - - Macy's, Inc. 3/1/2021 Laura Miller Join InterContinental Hotel Group (IHG) Chief Information Officer Macy's, Inc. Chief Information Officer Macy's, Inc. 3/1/2021 Marla Beck Leave Macy's, Inc. CEO and Co-Founder - Bluemercury - - Macy's, Inc. 3/1/2021 Chuck DiGiovanna - Macy's, Inc. VP (Real Estate) Macy's, Inc. SVP (Real Estate) Macy's, Inc. 3/1/2021 Douglas W. Sesler Leave Macy's, Inc. SVP (Real Estate) - - Dollar General 2/18/2021 Mike Kind Leave Dollar General EVP (Global Supply Chain) - - Dollar General 2/18/2021 Tony Zuazo - Dollar General SVP (Inventory and Transportation) Dollar General EVP (Global Supply Chain) Dollar General 2/18/2021 Rod West - Dollar General VP (Perishables Growth and Development) Dollar General SVP (Distribution) Best Buy Co., Inc. 2/17/2021 Whit Alexander Leave Best Buy Co., Inc. Chief Strategy Officer - - Pinduoduo Inc 2/17/2021 Chen Lei - Pinduoduo Inc CEO Pinduoduo Inc CEO and Chairman Macy’s, Inc 2/16/2021 Xingchu Liu Join The Home Depot President - BlackLocus Macy’s, Inc SVP (Enterprise Data and Analytics) Target Corporation 2/16/2021 Christina Hennington - Target Corporation EVP and Chief Merchandising Officer Target Corporation EVP and Chief Growth Officer Target Corporation 2/16/2021 Rick Gomez - Target Corporation Chief Marketing, Digital and Strategy Officer Target Corporation EVP and Chief Food and Beverage Officer Target Corporation 2/16/2021 Cara Sylvester - Target Corporation SVP (Home) Target Corporation EVP and Chief Marketing and Digital Officer Target Corporation 2/16/2021 Jill Sando - Target Corporation EVP and Chief Merchandising Officer (Style and Owned Brands) Target Corporation EVP and Chief Merchandising Officer Target Corporation 2/16/2021 Katie Boylan - Target Corporation EVP and Chief Communications Officer Target Corporation EVP and Chief Communications Officer PVH Corp. 2/10/2021 Trish Donnelly Join Urban Outfitters Group CEO PVH CEO, Americas L Brands, Inc. 2/4/2021 Stuart Burgdoerfer Leave L Brands, Inc. CFO - - L Brands, Inc. 2/4/2021 Martin Waters - L Brands, Inc. CEO (Lingerie) - Victoria’s Secret L Brands, Inc. CEO - Victoria’s Secret Nordstrom, Inc 2/2/2021 Alix Box Join LCBO Chief Customer Officer Nordstrom, In SVP and Regional Manager, Canada Nordstrom, Inc 2/2/2021 Michelle Haggard Leave Nordstrom, In SVP and Regional Manager, Canada - - Instacart 2/2/2021 Asha Sharma Join Facebook VP (Product and Engineering) Instacart Chief Operating Officer Amazon.Com, Inc. 2/2/2021 Jeff Bezos - Amazon.Com, Inc. CEO Amazon.Com, Inc. Executive chairman Amazon.Com, Inc. 2/2/2021 Andy Jassy - Amazon.Com, Inc. CEO (Amazon Web Services) Amazon.Com, Inc. CEO Intel Corporation 1/27/2021 Sunil Shenoy - SVP and GM (RISC-V) SiFive Intel Corporation SVP and GM (Design Engineering Group) Walgreens Boots Alliance, Inc. 1/26/2021 Rosalind Brewer Join Starbucks Corporation COO and Group President Walgreens Boots Alliance, Inc. CEO The Estée Lauder Companies Inc. 1/25/2021 Gregory F. Polcer leave The Estée Lauder Companies Inc. EVP (Global Supply Chain) - - The Estée Lauder Companies Inc. 1/25/2021 Roberto Canevari Join Unilever PLC EVP (Supply Chain), Europe The Estée Lauder Companies Inc. EVP (Global Supply Chain) Tractor Supply Company 1/25/2021 Matthew Rubin Join The Michaels Companies SVP ( Business Development and Growth) Tractor Supply Company SVP and GM (Petsense) Tractor Supply Company 1/25/2021 Steve Neibergal leave Tractor Supply Company VP (Petsense) - - Intel Corporation 1/23/2021 Todd M. Underwood leave Intel Corporation Corporate VP and CFO (Client Computing Group) - - Coty Inc. 1/22/2021 Stéphane Delbos - Coty Inc. SVP (Transformation, Indirect and Procurement Operations) Coty Inc. Chief Procurement Officer Lowe's Companies, Inc. 1/21/2021 Shiwani Varma Vyas Join Brillio Head (Internal Communications and Employer Branding) Lowe's Companies, Inc. Associate Director (Corporate Communications and CSR) Hanesbrands Inc. 1/21/2021 Joe Cavaliere Join C&S Wholesale Grocers President and GM (Retail Chain Division) Hanesbrands Inc. Group president (Global Innerwear) Taubman Company LLC 1/21/2021 Simon Leopold Leave Taubman Company LLC EVP and CFO - - Taubman Company LLC 1/21/2021 Benjamin Meeker - Taubman Company LLC VP (Capital Markets) and Treasurer Taubman Company LLC SVP, CFO and Treasurer eBay Inc. 1/20/2021 Cornelius Boone Join American Airlines VP (Human Resources) eBay Inc. SVP and Chief People Officer Walmart Inc 1/15/2021 Marc Lore leave Walmart Inc President and CEO (eCommerce), U.S. - - The Estée Lauder Companies Inc. 1/15/2021 Dave Smith Join Corning Incorporated Head (Corporate Venture Capital) and Director (M&A) The Estée Lauder Companies Inc. SVP (New Business Development) Canada Goose Holdings Inc 1/14/2021 Scott Cameron Join Canada Goose Holdings Inc President, Greater China Canada Goose Holdings Inc President, APAC Intel Corporation 1/13/2021 Bob Swan Leave Intel Corporation CEO - Intel Corporation 1/13/2021 Pat Gelsinger Join VMware CEO Intel Corporation CEO Urban Outfitters, Inc 1/12/2021 Trish Donnelly Leave Urban Outfitters, Inc CEO - - Urban Outfitters, Inc 1/12/2021 Sheila Harrington - Urban Outfitters, Inc President Urban Outfitters, Inc CEO - Urban Outfitters Group and Free People Group Urban Outfitters, Inc 1/12/2021 Gabrielle Conforti - Urban Outfitters, Inc Chief Merchandising Officer Urban Outfitters, Inc President, North America CVS Health Corporation 1/11/2021 Laurie Havanec Join Otis Elevator Co. EVP and Chief People Officer CVS Health Corporation EVP and Chief People Officer CVS Health Corporation 1/11/2021 Lisa Bisaccia Leave CVS Health Corporation EVP and Chief Human Resources Officer - - Tiffany & Co. 1/7/2021 Mark J. Erceg Leave Tiffany & Co. CFO - - Tiffany & Co. 1/7/2021 Anthony Ledru - LVMH Moët Hennessy Louis Vuitton SE EVP - Louis Vuitton LVMH Moët Hennessy Louis Vuitton SE CEO - Tiffany Tiffany & Co. 1/7/2021 Alexandre Arnault - LVMH Moët Hennessy Louis Vuitton SE CEO - RIMOWA LVMH Moët Hennessy Louis Vuitton SE EVP (Product and Communications) - Tiffany Tiffany & Co. 1/7/2021 Alessandro Bogliolo Leave Tiffany & Co. CEO - - Tiffany & Co. 1/7/2021 Reed Krakoff Leave Tiffany & Co. Chief Artistic Director - - Tiffany & Co. 1/7/2021 Daniella Vitale Leave Tiffany & Co. EVP and Chief Brand Officer - - Instacart 1/7/2021 Nick Giovanni Join Goldman Sachs Head of Global Technology Media and Telecom Investment Banking Instacart CFO CVS Health Corporation 1/6/2021 Michelle Peluso Join IBM SVP (Digital Sales) and Chief Marketing Officer CVS Health Corporation Chief Customer Officer Macy’s, Inc. 1/4/2021 Nata Dvir - Macy’s, Inc. SVP and General Business Manager (Beauty and Center Core) Macy’s, Inc. Chief Merchandising Officer JD.Com, Inc 12/23/2020 Yayun Li Leave JD.Com, Inc Chief Compliance Officer Jingdong Digits Technology Holding Co. Ltd CEO John Lewis Partnership plc 12/18/2020 Rita Clifton Join Nationwide Building Society Non-Executive Director John Lewis Partnership plc Deputy Chairman Hanesbrands Inc. 12/18/2020 Tanya Deans Join Bras N Things Group General Manager Hanesbrands Inc. President - Hanes, Australasia Foot Locker, Inc. 12/14/2020 Himanshu Parikh Join The Michaels Companies, Inc. SVP and Chief Technology officer Foot Locker SVP and Global Chief Information Officer Unibail-Rodamco-Westfield SE 12/11/2020 Kate Orwin Join Hammerson Leasing Director (UK) Unibail-Rodamco-Westfield SE Leasing Director (UK and Italy) Unibail-Rodamco-Westfield SE 12/11/2020 Keith Mabbett - Unibail-Rodamco-Westfield SE Leasing Director (UK) Unibail-Rodamco-Westfield SE Senior Adviser (Business Development) Tractor Supply Company 12/10/2020 Noni Ellison Join Carestream Dental General Counsel, Chief Compliance Officer and Corporate Secretary Tractor Supply Company SVP, General Counsel and Corporate Secretary Coty Inc. 12/9/2020 Laurent Mercier - Coty Inc. Deputy CFO Coty Inc. CFO Walgreens Boots Alliance, Inc. 12/7/2020 Kathleen Wilson-Thompson Leave Walgreens Boots Alliance, Inc. EVP and Chief Human Resource Officer - - Walgreens Boots Alliance, Inc. 12/7/2020 Pamela Puryear Join Zimmer Biomet SVP and Chief Human Resource Officer Walgreens Boots Alliance, Inc. EVP and Chief Human Resource Officer Stitch Fix, Inc. 12/7/2020 Dan Jedda Join Amazon VP (Finance) and CFO (Digital Video) Stitch Fix, Inc. CFO Zalando SE 12/6/2020 Rubin Ritter Leave Zalando SE Co-CEO - - Urban Outfitters, Inc 12/3/2020 Melanie Marein-Efron - Urban Outfitters, Inc Executive Director (Corporate Development and Finance) Urban Outfitters, Inc CFO Coty Inc. 12/2/2020 Isabelle Bonfanti Join Huawei Consumer Business Group Senior Brand Strategist Coty Inc. Chief Commercial Officer (Luxury) Coty Inc. 12/2/2020 Jean-Denis Mariani Join Guerlain Chief Digital Officer Coty Inc. Chief Digital Officer eBay Inc. 12/1/2020 Julie Loeger Join Discover Financial Services EVP and President (US Cards) eBay Inc. Global Chief Growth Officer Foot Locker, Inc. 11/30/2020 Lauren B. Peters Leave Foot Locker, Inc. VP and CFO - - DICK'S Sporting Goods, Inc 11/24/2020 Edward W. Stack - DICK'S Sporting Goods, Inc Chairman and CEO DICK'S Sporting Goods, Inc. Chief Merchant DICK'S Sporting Goods, Inc 11/24/2020 Lauren Hobart - DICK'S Sporting Goods, Inc President DICK'S Sporting Goods, Inc. CEO and president The Gap, Inc. 11/24/2020 Asheesh Saksena Join Best Buy Health President The Gap, Inc. Chief Growth Officer The Gap, Inc. 11/24/2020 Sandra Stangl Join MINE Co-Founder and Chief Merchant The Gap, Inc. President and CEO - Banana Republic Lululemon Athletica Inc. 11/20/2020 Meghan Frank - Lululemon Athletica Inc. Interim Co-CFO Lululemon Athletica Inc. CFO Stitch Fix 11/19/2020 Mike Smith Leave Stitch Fix President, COO and Interim CFO - - Unibail-Rodamco-Westfield SE 11/18/2020 Jean-Marie Tritant - Unibail-Rodamco-Westfield SE President, US and Chairman - URW N.V. Unibail-Rodamco-Westfield SE Chairman and CEO Unibail-Rodamco-Westfield SE 11/18/2020 Christophe Cuvillier Leave Unibail-Rodamco-Westfield SE CEO - - Unibail-Rodamco-Westfield SE 11/18/2020 Dominic Lowe - Unibail-Rodamco-Westfield SE EVP (Development, Design and Construction), US Unibail-Rodamco-Westfield SE COO, US and Chairman - URW N.V. Unibail-Rodamco-Westfield SE 11/13/2020 Colin Dyer Leave Unibail-Rodamco-Westfield SE Chairman Unibail-Rodamco-Westfield SE Member of the Board Unibail-Rodamco-Westfield SE 11/13/2020 Jacques Stern Leave Unibail-Rodamco-Westfield SE Vice-Chairman - - Unibail-Rodamco-Westfield SE 11/13/2020 Léon Bressler Join Aermont Managing Partner Unibail-Rodamco-Westfield SE Chairman Hanesbrands Inc. 11/12/2020 Greg Hall Join Walmart SVP (Private Brands) Hanesbrands Inc. Chief Consumer Officer CVS Health Corporation 11/11/2020 Daniel Finke - CVS Health Corporation EVP (Commercial Business and Markets) - Aetna CVS Health Corporation EVP and President (Health Care Benefits Segment) Hanesbrand Inc 11/10/2020 Joia M. Johnson Leave Hanesbrand Inc CAO, General Counsel and Corporate Secretary - - CVS Health Corporation 11/6/2020 Karen S. Lynch - CVS Health Corporation EVP and President - Aetna CVS Health Corporation President and CEO CVS Health Corporation 11/6/2020 Larry J. Merlo Leave CVS Health Corporation President and CEO - - ASOS Plc 11/5/2020 José Antonio Ramos Calamonte Join Salsa Jeans CEO ASOS Plc Chief Commercial Officer John Lewis Partnership plc 11/4/2020 Patrick Lewis Leave John Lewis Partnership plc CFO John Lewis Partnership plc - John Lewis Partnership plc 11/4/2020 Bérangère Michel - John Lewis Partnership plc Executive Director (Customer Service) John Lewis Partnership plc CFO VF Corporation 11/3/2020 Lauren Guthrie - VF Corporation Co-Chair (ACE Diversity) VF Corporation VP (Inclusion and Diversity), Americas Vipshop Holdings Limited 11/2/2020 Pengjun Lu Join JOYY Inc CTO Vipshop Holdings Limited Co-CTO Lululemon Athletica Inc. 10/30/2020 Celeste Burgoyne - Lululemon Athletica Inc. EVP, Americas and Global Guest Innovation Teams. Lululemon Athletica Inc. President, Americas and Global Guest Innovation Teams Lululemon Athletica Inc. 10/30/2020 André Maestrini Join Adidas AG Global GM (adidas Sport BUs) Lululemon Athletica Inc. EVP (International) Lululemon Athletica Inc. 10/30/2020 Stacia Jones Join Abercrombie & Fitch Associate General Counsel and Chief Diversity and Inclusion Officer. Lululemon Athletica Inc. VP, Global Head (IDEA) Under Armour, Inc 10/30/2020 Paul Fipps Leave Under Armour, Inc Chief Experience Officer - - Levi Strauss & Co 10/27/2020 Liz O’Neill - Levi Strauss & Co EVP and President (Product, Innovation and Supply Chain ) Levi Strauss & Co COO Levi Strauss & Co 10/27/2020 Seth Ellison - Levi Strauss & Co EVP and President, Europe Levi Strauss & Co Chief Commercial Officer Tapestry, Inc. 10/27/2020 Joanne Crevoiserat - Tapestry, Inc. Interim CEO Tapestry, Inc. CEO Coty Inc. 10/21/2020 Isabelle Bonfanti Join Huawei Consumer Business Group Senior Brand Strategist Coty Inc. Chief Commercial Officer (Luxury) Coty Inc. 10/21/2020 Jean-Denis Marian Join Guerlain Chief Digital Officer Coty Inc. Chief Digital Officer Vipshop Holdings Limited 10/19/2020 Donghao Yang - Vipshop Holdings Limited CFO Vipshop Holdings Limited Non-Executive Director Vipshop Holdings Limited 10/19/2020 David Cui Join Huami Corp. CFO Vipshop Holdings Limited CFO The Estée Lauder Companies 10/16/2020 Dennis McEniry Leave The Estée Lauder Companies President (Online Division) - - The Estée Lauder Companies 10/16/2020 Gibu Thomas Join PepsiCo, Inc SVP and Global Head (E-Commerce) The Estée Lauder Companies President (Online Division) Microsoft Corporation 10/15/2020 Marianne Janik - Microsoft Corporation MD, Switzerland Microsoft Corporation CEO, Germany Microsoft Corporation 10/15/2020 Sabine Bendiek Leave Microsoft (Germany) Chairwoman SAP SE Chief People Officer and Labor Director The Procter & Gamble Company 10/15/2020 Guy Persaud The Procter & Gamble Company SVP and GM (Fabric & Home Care and Brand), Latin America The Procter & Gamble Company President (New Business) Macy’s, Inc. 10/14/2020 Adrian V. Mitchel Join Boston Consulting Group (BCG MD and Partner Macy’s, Inc. CFO Macy’s, Inc. 10/14/2020 Felicia Williams - Macy’s, Inc. interim CFO CEO Action for Diversity & Inclusion Macy’s, Inc. Fellow L'Oréal S.A. 10/14/2020 Nicolas Hieronimus - L'Oréal S.A. Deputy CEO L'Oréal S.A. CEO L'Oréal S.A. 10/14/2020 Jean-Paul Agon - L'Oréal S.A. Chairman and CEO L'Oréal S.A. Chairman L'Oréal S.A. 10/14/2020 Barbara Lavernos - L'Oréal S.A. Chief Technology and Operations Officer L'Oréal S.A. Deputy CEO Urban Outfitters, Inc 10/13/2020 Meg Hayne - Urban Outfitters, Inc Chief Creative Officer Urban Outfitters, Inc Co-President and Chief Creative Officer Urban Outfitters, Inc 10/13/2020 Frank Conforti - Urban Outfitters, Inc CFO and COO Urban Outfitters, Inc Co-President, CFO, and COO Urban Outfitters, Inc 10/13/2020 Sheila Harrington - Urban Outfitters, Inc President - Free People Group Urban Outfitters, Inc CEO - Free People Group Urban Outfitters, Inc 10/13/2020 Hillary Super - Urban Outfitters, Inc President - Anthropologie Group Urban Outfitters, Inc CEO - Anthropologie Group Urban Outfitters, Inc 10/13/2020 Azeez Hayne - Urban Outfitters, Inc General Counsel Urban Outfitters, Inc Chief Administrative Officer and General Counsel Urban Outfitters, Inc 10/13/2020 Dave Hayne - Urban Outfitters, Inc President - Nuuly Urban Outfitters, Inc CTO and President - Nuuly Urban Outfitters, Inc 10/13/2020 Calvin Hollinger Leave Urban Outfitters, Inc COO - - The Estée Lauder Companies Inc. 10/12/2020 André Branch - The Estée Lauder Companies Inc. SVP (Strategic Initiatives), North America The Estée Lauder Companies Inc. SVP and GM (MAC Cosmetics), North America The Gap, Inc. 10/8/2020 Nancy Green - The Gap, Inc. President - Old Navy The Gap, Inc. President and CEO - Old Navy Tesco PLC 10/7/2020 Imran Nawaz Join Tate & Lyle PLC CFO Tesco PLC CFO Kimberly-Clark Corporation 10/7/2020 Sandi Karrmann Join Tenet Healthcare EVP and CHRO Kimberly-Clark Corporation SVP and CHRO adidas AG 10/7/2020 Amanda Rajkumar Join BNP Paribas Head (Human Resources) adidas AG Head (Human Resources) Foot Locker, Inc. 10/6/2020 Pawan Verma Leave Foot Locker, Inc. EVP and Chief information and Customer Connectivity Officer - - The Home Depot, Inc. 10/2/2020 Edward "Ted" P. Decker - The Home Depot, Inc. EVP (Merchandising) The Home Depot, Inc. President and COO The Home Depot, Inc. 10/2/2020 Ann-Marie Campbell - The Home Depot, Inc. EVP (US Stores) The Home Depot, Inc. EVP (U.S. stores and international operations) The Home Depot, Inc. 10/2/2020 Jeff Kinnaird - The Home Depot, Inc. President, Canada The Home Depot, Inc. EVP (Merchandising) The Home Depot, Inc. 10/2/2020 Michael Rowe - The Home Depot, Inc. VP (E-commerce, Marketing and Contractor Services) The Home Depot, Inc. President, Canada Lowe's Companies, Inc. 10/2/2020 Dan Clayton Griggs, Jr - Lowe's Companies, Inc. VP and Corporate Controller Lowe's Companies, Inc. VP, Chief Accounting Officer and Principal Accounting Officer Lowe's Companies, Inc. 10/2/2020 David M. Denton Lowe's Companies, Inc. EVP, CFO, Principal Financial Officer and Principal Accounting Officer Lowe's Companies, Inc. EVP, CFO and Principal Financial Officer PVH Corp. 9/30/2020 Stefan Larsson - PVH Corp. President PVH Corp. CEO PVH Corp. 9/30/2020 Manny Chirico Leave PVH Corp. CEO - - The Kroger Co. 9/29/2020 Robert Clark Leave The Kroger Co. SVP (Supply Chain, Manufacturing and Enterprise Sourcing) - - The Kroger Co. 9/29/2020 Gabriel Arreaga Join Mondelez International Inc. SVP (Supply Chain) The Kroger Co. SVP (Supply Chain) Dollar General Corporation 9/25/2020 Emily Taylor - Dollar General Corporation SVP (Channel innovation) Dollar General Corporation VP and Chief Merchandising Officer Intel Corporation 9/22/2020 Safroadu (Saf) Yeboah-Amankwah Join McKinsey & Company Senior Partner and Global head (Transformation Practice for the Telecom, Media and Technology Practice) Intel Corporation SVP and Chief Strategy Officer Wayfair Inc. 9/19/2020 Fiona Tan Join Walmart, Inc SVP (US Technology) Wayfair Inc. Global Head (Customer and Supplier Technology) American Eagle Outfitters 9/19/2020 Jennifer Foyle - American Eagle Outfitters Global Brand President - Aerie American Eagle Outfitters Chief Creative Officer L Brands, Inc. 9/18/2020 Shelley Milano Leave L Brands, Inc EVP and Chief Human Resources Officer - - Procter & Gamble 9/16/2020 Valarie L. Sheppard Leave Procter & Gamble Treasurer, Controller and EVP (Company Transition Leader) - - Microsoft Corporation 9/10/2020 Cindy Rose - Microsoft Corporation CEO, UK Microsoft Corporation President, Western Europe Microsoft Corporation 9/10/2020 Clare Barclay - Microsoft Corporation COO, UK Microsoft Corporation CEO, UK HP Inc. 9/9/2020 Marie Myers - HP Inc. Chief Transformation Officer HP Inc. Acting CFO HP Inc. 9/9/2020 Steve Fieler Leave HP Inc. CFO Alphabet Inc. Business Finance Officer Cisco Systems, Inc. 9/8/2020 Christoph Koch - Cisco Systems, Inc. Lead Cyber Security and Defense, Swiss Digitization Acceleration Team Cisco Systems, Inc. Chief Technology Officer, Switzerland Hanesbrands Inc 9/8/2020 Kristin Oliver Join Walgreens Boots Alliance SVP and CHRO Hanesbrands Inc CHRO XPO LOGISTICS INC 9/8/2020 Erik Caldwell - XPO LOGISTICS INC COO (Supply Chain), Americas and Asia Pacific XPO LOGISTICS INC President (Last Mile Business Unit), North America Microsoft Corporation 9/7/2020 Gavin Jackson Join UiPath CEO, EMEA Microsoft MD (Enterprise Commercial business), UK The Estée Lauder Companies 9/4/2020 Tara Simon Join Ulta Beauty SVP (Merchandising) - Prestige Beauty The Estée Lauder Companies SVP and Global General Manager - Too Faced SAP SE 9/3/2020 Sabine Bendiek Join Microsoft Managing Director, Germany SAP SE Chief People Officer and Labor Director Target Corporation 9/2/2020 Maurice Cooper Join Wingstop Restaurants EVP and Chief Growth and Experience Officer Target Corporation SVP (Marketing) Intel Corporation 9/1/2020 Barbara Whye - Intel Corporation Chief Diversity and Inclusion Officer and VP (Social Impact and Human Resources) Intel Corporation VP (Corporate) Walgreens Boots Alliance, Inc. 8/31/2020 John Standley Join Rite Aid Corp President, CEO and Chairman Walgreens Boots Alliance, Inc. President Macy's, Inc. 8/28/2020 Paul Griscom - Macy's, Inc. VP and Interim Principal Accounting Officer Macy's, Inc. SVP and Controller Dollar General Corporation 8/27/2020 Kathy Reardon - Dollar General Corporation SVP and Chief People Officer Dollar General Corporation EVP and Chief People Officer Ocado Group plc 8/27/2020 Duncan Tatton-Brown Join Ocado Group plc CFO Ocado Group plc Non-executive director (Ocado Retail Limited , Jones Food Company Limited and Karakuri Ltd.) Ocado Group plc 8/27/2020 Stephen Daintith Leave Rolls-Royce Holdings plc CFO Ocado Group plc CFO Amazon.com, Inc. 8/21/2020 Jeffrey Wilke Leave Amazon.com, Inc. CEO (Worldwide Consumer) Amazon.com, Inc. 8/21/2020 Dave Clark Join Amazon.com, Inc. SVP (Worldwide Operations) Amazon.com, Inc. CEO (Worldwide Consumer) Amazon.com, Inc. 8/20/2020 Courtney Ross Join Nashville Area Chamber of Commerce Chief Economic Development Officer Amazon.com, Inc. Senior Manager (External Affairs) Vipshop Holdings Limited 8/19/2020 Donghao Yang Leave Vipshop Holdings Limited CFO Vipshop Holdings Limited Non-Executive Director Johnson Controls International plc 8/18/2020 Olivier Leonetti Join Zebra Technologies CFO and Chief Information Officer Johnson Controls International plc EVP and CFO Johnson Controls International plc 8/18/2020 Brian Stief Leave Johnson Controls International plc EVP and CFO Hudson's Bay Company 8/13/2020 Michael Culhane Join ULINE, Inc CFO Hudson's Bay Company CFO Hudson's Bay Company 8/13/2020 Edward Record Leave Hudson's Bay Company CFO PVH Corporation 8/12/2020 Julie Fuller Join NIKE, Inc. VP (Global Talent and Organizational Effectiveness) PVH Corporation CHRO The Clorox Company 8/12/2020 Eric Reynolds - The Clorox Company EVP (Household and Lifestyle) The Clorox Company EVP and COO Cisco Systems, Inc. 8/12/2020 Kelly A. Kramer Leave Cisco Systems, Inc. EVP and CFO N/A N/A Johnson Controls International plc 8/11/2020 Diane Schwarz Join Hunt Consolidated SVP, Chief Digital and Information Officer Johnson Controls International plc Chief Information Officer Ascena Retail Group, Inc. 8/10/2020 Kevin Trolaro - Ascena Retail Group, Inc. VP (Financial Reporting) Ascena Retail Group, Inc. VP and Chief Accounting Officer Hanesbrands Inc. 8/10/2020 David Bortolussi Leave Hanesbrands Inc. Group President (International Innerwear) A2 Milk CEO The Clorox Company 8/3/2020 Linda Rendle - The Clorox Company President The Clorox Company CEO VF Corporation 8/3/2020 Winnie Ma Join Unilever plc VP (Beauty & Personal Care Business), North Asia VF Corporation President, Greater China HP Inc. 7/31/2020 Ketan Patel - HP Inc. VP and Head (Personal Systems), Greater Asia HP Inc. MD, Greater India Market HP Inc. 7/31/2020 Vinay Awasthi - HP Inc. Head (Print Operations) HP Inc. SVP Hanesbrands Inc. 7/30/2020 Stephen B. Bratspies Join Walmart Chief Merchandising Officer Hanesbrands Inc. CEO John Lewis Partnership plc 7/29/2020 Nikki Humphrey Join Virgin Atlantic Chief People Officer John Lewis Partnership plc Executive Director (People) John Lewis Partnership plc 7/29/2020 Tracey Killen Leave John Lewis Partnership plc Director (Personnel) N/A N/A Canada Goose Holdings Inc. 7/28/2020 Adam Meek Join Sperry Global SVP (Product) Canada Goose Holdings Inc. GM (Footwear and Accessories) Intel Corporation 7/27/2020 Ann Kelleher - Intel Corporation GM (Technology and Manufacturing) Intel Corporation Chief Technology Officer, SVP and GM (Technology Development) Intel Corporation 7/27/2020 Venkata (Murthy) Renduchintala Leave Intel Corporation Chief Engineering Officer and Group President (Technology, Systems Architecture and Client Group) N/A N/A Intel Corporation 7/27/2020 Mike Mayberr Leave Intel Corporation Chief Technology Officer, SVP and GM (Technology Development) N/A N/A Intel Corporation 7/27/2020 Keyvan Esfarjani - Intel Corporation Corporate VP (World Wide Memory Manufacturing Group) Intel Corporation GM (Technology and Manufacturing) Intel Corporation 7/27/2020 Josh Walden - Intel Corporation SVP and GM (Intel Product Assurance and Security Engineering Group) Intel Corporation Interim Head (Design Engineering) Walgreens Boots Alliance, Inc. 7/27/2020 Stefano Pessina - Walgreens Boots Alliance, Inc. CEO and Executive Vice Chairman Walgreens Boots Alliance, Inc. Executive Chairman Walgreens Boots Alliance, Inc. 7/27/2020 James Skinner - Walgreens Boots Alliance, Inc. Executive Chairman Walgreens Boots Alliance, Inc. Director Burlington Stores, Inc. 7/24/2020 Fred Hand - Burlington Stores, Inc. Chief Customer Officer and Principal Burlington Stores, Inc. Principal and COO Foot Locker, Inc. 7/23/2020 Andy Gray - Foot Locker, Inc. Chief Merchandising Officer, North America and GM (Foot Locker), US Foot Locker, Inc. EVP and Chief Commercial Officer Foot Locker, Inc. 7/23/2020 Frank Bracken - Foot Locker, Inc. SVP and GM (Foot Locker and Kids Foot Locker), US Foot Locker, Inc. EVP and CEO, North America Foot Locker, Inc. 7/23/2020 Scott Martin - Foot Locker, Inc. SVP and Chief Strategy and Development Officer Foot Locker, Inc. EVP and CEO, Asia Pacific and Chief Strategy and Development Officer Foot Locker, Inc. 7/23/2020 Jake Jacob Leave Foot Locker, Inc. EVP and CEO, North America Foot Locker, Inc. 7/23/2020 Lew Kimble Leave Foot Locker, Inc. EVP and CEO, Asia Pacific Rent the Runway, Inc. 7/22/2020 Ellen Shultz Join The New York Times EVP (Talent and Inclusion) Rent the Runway, Inc. Chief People Officer Rent the Runway, Inc. 7/22/2020 Larry Steinberg Join Rent the Runway, Inc. Consultant Rent the Runway, Inc. Chief Technology Officer NIKE, Inc. 7/22/2020 Carl Grebert - NIKE, Inc. VP and GM, Asia Pacific and Latin America NIKE, Inc. VP and GM, EMEA NIKE, Inc. 7/22/2020 Bert Hoyt Leave NIKE, Inc. VP and GM, Western Europe N/A N/A NIKE, Inc. 7/22/2020 Sarah Mensah - NIKE, Inc. VP and GM (Nike Sportswear), Asia Pacific and Latin America NIKE, Inc. VP and GM, Asia Pacific and Latin America NIKE, Inc. 7/22/2020 Amy Montagne - NIKE, Inc. VP and GM (Global Categories) NIKE, Inc. VP and GM (men’s) NIKE, Inc. 7/22/2020 Whitney Malkiel - NIKE, Inc. VP and GM (Golf, Tennis and SB) NIKE, Inc. VP and GM (Women’s) NIKE, Inc. 7/22/2020 McCallester Dowers - NIKE, Inc. VP and GM (Nike Young Athletes), North America NIKE, Inc. VP and GM (Kids) Tapestry, Inc. 7/21/2020 Andrea Shaw Resnick - Tapestry, Inc. Global Head (Investor Relations and Corporate Communications) Tapestry, Inc. Interim CFO Tapestry, Inc. 7/21/2020 Jide Zeitlin Leave Tapestry, Inc. CEO and Chairman N/A N/A Tapestry, Inc. 7/21/2020 Joanne Crevoiserat - Tapestry, Inc. CFO Tapestry, Inc. Interim CEO Tapestry, Inc. 7/21/2020 Todd Kahn - Tapestry, Inc. President, Chief Administrative Officer and Company Secretary Tapestry, Inc. Interim CEO and Brand President (Coach) Tapestry, Inc. 7/21/2020 Susan Kropf - Tapestry, Inc. Lead Independent Director Tapestry, Inc. Chairman Dollar Tree, Inc. 7/20/2020 Michael A. Witynski - Dollar Tree, Inc. Enterprise President Dollar Tree, Inc. President and CEO Dollar Tree, Inc. 7/20/2020 Gary Philbin Leave Dollar Tree, Inc. President and CEO N/A N/A Big Lots, Inc. 7/20/2020 Jack Pestello Join Walmart SVP and General Merchandise Manager (Grocery) Big Lots, Inc. EVP and Chief Merchandising Officer Big Lots, Inc. 7/20/2020 Lisa Bachmann Leave Big Lots, Inc. EVP and Chief Merchandising Officer N/A N/A SAP SE 7/17/2020 Kulmeet Bawa Join Resulticks COO SAP SE President and MD, Indian Subcontinent Coty Inc. 7/9/2020 Anna von Bayern Join Bild Freelance Journalist Moderator Coty Inc. Chief Corporate Affairs Officer Coty Inc. 7/9/2020 Kristin Blazewicz Join Keurig Dr Pepper Inc. VP and Assistant GC Coty Inc. Chief Legal Officer and GC B&M European Value Retail S.A. 7/9/2020 Alex Russo Join Wilko Retail Ltd. CFO, WHSL B&M European Value Retail S.A. CFO B&M European Value Retail S.A. 7/9/2020 Paul McDonald Leave B&M European Value Retail S.A. CFO N/A N/A SAP SE 7/9/2020 Anuj Kapur Join Cisco Systems, Inc. Chief Strategy Officer SAP SE President (Corporate Development & Strategy) Levi Strauss & Co. 7/8/2020 David Love Leave Levi Strauss & Co. EVP and President, Asia, Middle East and Africa N/A N/A The Kroger Co. 7/8/2020 Joe Grieshaber Leave The Kroger Co. SVP and Chief Merchant N/A N/A The Kroger Co. 7/8/2020 Stuart W. Aitken - The Kroger Co. SVP (alternative business) and CEO (84.51°) The Kroger Co. Chief Merchant and Marketing Officer The Kroger Co. 7/8/2020 Yael Cosset - The Kroger Co. SVP and CIO The Kroger Co. SVP and CIO, SVP (alternative business) and CEO (84.51°) Coty Inc. 7/2/2020 Sue Y. Nabi Join Orveda CEO Coty Inc. CEO Coty Inc. 7/2/2020 Peter Harf - Coty Inc. Chairman and CEO Coty Inc. Executive Chairman Microsoft Corporation 7/1/2020 Frank H. Brod Leave Microsoft Corporation Corporate VP (Finance and Administration) and Chief Accounting Officer N/A N/A Microsoft Corporation 7/1/2020 Alice L. Jolla - Microsoft Corporation Corporate Controller Microsoft Corporation Corporate VP and Chief Accounting Officer Pinduoduo Inc. 7/1/2020 Jianchong Zhu - Pinduoduo Inc. SVP Pinduoduo Inc. GC Pinduoduo Inc. 7/1/2020 Jing Ma Join Chanel China Company Limited Corporate Director Pinduoduo Inc. VP (Finance) Pinduoduo Inc. 7/1/2020 Lei Chen - Pinduoduo Inc. Chief Technology Officer Pinduoduo Inc. CEO Pinduoduo Inc. 7/1/2020 Zheng Huang - Pinduoduo Inc. Chairman and CEO Pinduoduo Inc. Chairman adidas AG 7/1/2020 Karen Parkin Leave adidas AG Global HR_x000D_ N/A N/A Compagnie Financière Richemont SA 6/26/2020 Philippe Fortunato Join Givenchy CEO Compagnie Financière Richemont SA CEO (Fashion & Accessories Maisons) The Estée Lauder Companies Inc. 6/24/2020 Jane Hertzmark Hudis - The Estée Lauder Companies Inc. Group President The Estée Lauder Companies Inc. Executive Group President The Estée Lauder Companies Inc. 6/24/2020 Stéphane de La Faverie - The Estée Lauder Companies Inc. Global Brand President (Estée Lauder and AERIN) The Estée Lauder Companies Inc. Global Brand President (Estée Lauder and AERIN) and Group President Koninklijke Ahold Delhaize N.V. 6/24/2020 Jan Hommen Leave Koninklijke Ahold Delhaize N.V. Chairman N/A N/A Koninklijke Ahold Delhaize N.V. 6/24/2020 Peter Agnefjäll - Koninklijke Ahold Delhaize N.V. Vice Chairman Koninklijke Ahold Delhaize N.V. Chairman Lowe's Companies, Inc. 6/23/2020 Janice Dupre Little - Lowe's Companies, Inc. SVP (Diversity & Talent Management) Lowe's Companies, Inc. EVP, HR NCR Corporation 6/22/2020 Andre J. Fernandez Leave NCR Corporation EVP and CFO N/A N/A NCR Corporation 6/22/2020 Timothy C. Oliver Join Spring Window Fashions, LLC President and CFO NCR Corporation EVP and CFO The Estée Lauder Companies Inc 6/18/2020 Jane Lauder - The Estée Lauder Companies Inc Global Brand President (Clinique) The Estée Lauder Companies Inc EVP, Enterprise Marketing and Chief Data Officer The Estée Lauder Companies Inc 6/18/2020 Michelle Freyre Join Johnson & Johnson President, US Beauty The Estée Lauder Companies Inc SVP, GM (Clinique) Tractor Supply Company 6/18/2020 Melissa Kersey Join McDonald's Corporation SVP and Chief People Officer, US Tractor Supply Company EVP, CHRO Tractor Supply Company 6/18/2020 Brian Evans Leave Tractor Supply Company Interim CHRO N/A N/A Canada Goose Holdings Inc. 6/16/2020 Carrie Baker - Canada Goose Holdings Inc. EVP, Chief of Staff and Chief Communications Officer Canada Goose Holdings Inc. President, North America Canada Goose Holdings Inc. 6/16/2020 Kara MacKillop - Canada Goose Holdings Inc. EVP (People & Culture) Canada Goose Holdings Inc. Chief of Staff and EVP (People & Culture) HanesBrands Inc. 6/9/2020 Stephen B. Bratspies Join Walmart Inc. CMO HanesBrands CEO HanesBrands Inc. 6/9/2020 Gerald W. Evans Jr. Leave HanesBrands CEO N/A N/A Tapestry, Inc. 6/8/2020 Brian Satenstein Leave Tapestry, Inc. VP, Controller and Principal Accounting Officer N/A N/A Tapestry, Inc. 6/8/2020 Manesh B. Dadlani - Tapestry, Inc. VP & Assistant Corporate Controller Tapestry, Inc. VP, Controller and Principal Accounting Officer PVH Corp. 6/2/2020 Daniel Grieder Leave PVH Corp. CEO (Tommy Hilfiger, Global and PVH, Europe) N/A N/A PVH Corp. 6/2/2020 Martijn Hagman - PVH Corp. COO (Tommy Hilfiger, Global and PVH Europe) and CFO (Tommy Hilfiger, Global) PVH Corp. CEO (Tommy Hilfiger, Global and PVH, Europe) Tesco PLC 6/2/2020 Alan Stewart Leave Tesco PLC CFO N/A N/A Casey's General Stores, Inc. 6/1/2020 Adrian Butler Join Dine Brands Global SVP, IT and CIO (Applebee's and IHOP) Casey's General Stores, Inc. CIO Coty Inc. 6/1/2020 Peter Harf - Coty Inc. Chairman Coty Inc. Chairman and CEO Coty Inc. 6/1/2020 Pierre Laubies Leave Coty Inc. CEO N/A N/A Coty Inc. 5/28/2020 Gordon von Bretten Join KKR Capstone Managing Director Coty Inc. Chief Transformation Officer The Home Depot, Inc. 5/26/2020 Stephen L. Gibbs - The Home Depot, Inc. VP and Corporate Controller The Home Depot, Inc. VP, Chief Accounting Officer and Corporate Controller Kimberly-Clark Corporation 5/22/2020 Gustavo Ghory Join SmarterChains SA Chairman and Co-Founder Kimberly-Clark Corporation SVP and Chief Supply Chain Officer The RealReal, Inc. 5/20/2020 Todd Suko Join OneMarket Limited Chief Financial and Legal Officer The RealReal, Inc. Chief Legal Officer and Secretary Marks and Spencer Group plc 5/20/2020 Katie Bickerstaffe Join SSE Energy Services Executive Chair Marks and Spencer Group plc Chief Strategy and Transformation Officer Marks and Spencer Group plc 5/20/2020 Eoin Tonge Join Greencore Group PLC CFO Marks and Spencer Group plc CFO Marks and Spencer Group plc 5/20/2020 Will Smith Join Asda Stores Ltd. VP (Real Estate, Facilities and Market Development) Marks and Spencer Group plc Property Director Marks and Spencer Group plc 5/20/2020 Stephen Langford Join Asda Stores Ltd. Commercial VP, George brand Marks and Spencer Group plc Head (Clothing and Home Online) Marks and Spencer Group plc 5/20/2020 Helen Milford Join J Sainsbury plc Director (Retail), Argos Marks and Spencer Group plc Store Operations Director Marks and Spencer Group plc 5/20/2020 Paul Babbs Join Adidas AG Chief Supply Chain Officer and SVP (Global Supply Chain Management) Marks and Spencer Group plc Head (Clothing and Home Supply Chain) Marks and Spencer Group plc 5/20/2020 Craig Lovelace Join N Brown Group plc Group CFO Marks and Spencer Group plc Finance Director (Food) Macy's, Inc. 5/20/2020 Felicia Williams - Macy's, Inc. EVP, Controller and Enterprise Risk Officer Macy's, Inc. Interim CFO Macy's, Inc. 5/20/2020 Paula A. Price Leave Macy's, Inc. CFO N/A N/A Marks and Spencer Group plc 5/14/2020 Richard Price Join F&F Clothing CEO Marks and Spencer Group plc MD (Clothing and Home) Casey’s General Stores 5/13/2020 Steve Bramlage Join National HME COO Casey’s General Stores COO Salesforce.com, Inc. 5/13/2020 Gavin Patterson - Aramark Corporation CFO Casey’s General Stores CFO Casey’s General Stores 5/13/2020 Ena Williams Join Casey’s General Stores CFO Casey’s General Stores Executive Advisor Albertsons Companies, Inc. 5/13/2020 Dan Dosenbach - Albertsons Companies, Inc. VP (HR and Labor Relations), ACME Markets Albertsons Companies, Inc. SVP (Labor Relations) Casey’s General Stores 5/13/2020 Bill Walljasper - Albertsons Companies, Inc. EVP (HR, Labor Relations, Public Relations and Government Affairs) N/A N/A Albertsons Companies, Inc. 5/13/2020 Andy Scoggin Leave Salesforce.com, Inc. President and CEO, Salesforce International Salesforce.com, Inc. President and Chief Revenue Officer Hanesbrands Inc. 5/7/2020 Gerald W. Evans, Jr. Leave Hanesbrands Inc. CEO N/A N/A The Clorox Company 5/5/2020 Linda Rendle - The Clorox Company EVP (Strategy and Operations and Cleaning, International) The Clorox Company President L Brands, Inc. 5/4/2020 Leslie Wexner - L Brands, Inc. Chairman and CEO L Brands, Inc. Chairman Emeritus L Brands, Inc. 5/4/2020 Sarah E. Nash - L Brands, Inc. Director L Brands, Inc. Chairman L Brands, Inc. 5/4/2020 Stuart B. Burgdoerfer - L Brands, Inc. CFO L Brands, Inc. Interim CEO (Victoria's Secret) and CFO L Brands, Inc. 5/4/2020 Andrew Meslow Join Bath & Body Works CEO L Brands, Inc. CEO Albertsons Companies, Inc. 5/4/2020 Juliette Pryor Join Cox Enterprises GC and Corporate Secretary Albertsons Companies, Inc. EVP and GC Albertsons Companies, Inc. 5/4/2020 Bob Gordon Leave Albertsons Companies, Inc. EVP and GC N/A N/A J. C. Penney Company, Inc. 5/1/2020 Therace Risch Leave J. C. Penney Company, Inc. EVP and CIO American Electric Power SVP and Chief Information & Technology Officer Big Lots, Inc. 5/1/2020 Lisa M. Bachmann Leave Big Lots, Inc. EVP, Chief Merchandising and Operating Officer GMS Inc Independent Director J Sainsbury plc 4/30/2020 Simon Roberts - J Sainsbury plc Director (Retail and Operations) J Sainsbury plc CEO SAP SE 4/20/2020 Christian Klein Join SAP SE Co-CEO SAP SE CEO Wayfair Inc. 4/20/2020 James Miller (Jim) Join Wayfair Inc. Interim CTO Wayfair Inc. CTO SAP SE 4/20/2020 Jennifer Morgan Leave SAP SE Co-CEO N/A N/A American Eagle Outfitters, Inc. 4/20/2020 Mike Mathias Join American Eagle Outfitters, Inc. SVP and Head (Financial Planning and Analysis) American Eagle Outfitters, Inc. EVP and CFO American Eagle Outfitters, Inc. 4/20/2020 Robert (Bob) Madore Leave American Eagle Outfitters, Inc. CFO N/A N/A Williams-Sonoma, Inc. 4/17/2020 Adrian Bellamy Leave Williams-Sonoma, Inc. Chairman N/A N/A Williams-Sonoma, Inc. 4/17/2020 Scott Dahnke Join L Catterton Global Co-CEO Williams-Sonoma, Inc. Chairman Under Armour, Inc. 4/15/2020 Lisa Collier Join NYDJ Apparel LLC (Not Your Daughters Jeans) President and CEO Under Armour, Inc. Chief Product Officer NIKE, Inc. 4/14/2020 Ann Hebert Join NIKE, Inc. VP (Global Sales) NIKE, Inc. VP and GM, North America NIKE, Inc. 4/14/2020 Tom Peddie Leave NIKE, Inc. VP and GM, North America N/A N/A eBay Inc. 4/13/2020 Jamie Iannone Join Walmart Inc. COO, Walmart E-Commerce eBay Inc. CEO Lowe's Companies, Inc. 4/10/2020 Jennifer L. Weber Leave Lowe's Companies, Inc. EVP (HR) N/A N/A Ascena Retail Group, Inc. 4/10/2020 Wendy Hufford Leave Ascena Retail Group, Inc. SVP, GC and Corporate Secretary N/A N/A International Business Machines Corporation 4/8/2020 Tuhina Pandey Join Tech Mahindra Limited Head (Global Corporate Communications) International Business Machines Corporation Communications Leader, India and South Asia Tiffany & Co. 4/7/2020 Pamela H. Cloud Leave Tiffany & Co. SVP, Chief Merchandising Officer N/A N/A ASOS Plc 4/7/2020 Patrik Silén Join McKinsey & Company Partner ASOS Plc Chief Strategy Officer Macy's, Inc. 4/7/2020 Paula Price Leave Macy's, Inc. EVP and CFO N/A N/A VF Corporation 4/2/2020 Nina Flood Join VF Corporation President, Kipling (Americas) VF Corporation President, Eastpak BJ's Wholesale Club Holdings, Inc. 4/1/2020 Paul Cichocki Join Bain & Company Partner BJ's Wholesale Club Holdings, Inc. EVP (Membership, Analytics and Business Transformation) Under Armour, Inc. 3/24/2020 Kevin Eskridge Leave Under Armour, Inc. Chief Product Officer N/A N/A Albertsons Companies, Inc. 3/19/2020 Evan Rainwater Join Albertsons Companies, Inc. SVP (Manufacturing) Albertsons Companies, Inc. EVP (Supply Chain and Manufacturing) The Procter & Gamble Company 3/18/2020 Craig Buchholz Leave The Procter & Gamble Company Chief Communications Officer General Motors Company SVP (Global Communications) The Procter & Gamble Company 3/18/2020 Damon Jones Join The Procter & Gamble Company VP (Global Communications and Advocacy) The Procter & Gamble Company Chief Communications Officer Salesforce.com, Inc. 3/17/2020 Arundhati Bhattacharya Join State Bank of India Chairperson Salesforce.com, Inc.. CEO and Chairperson, India The Gap, Inc. 3/12/2020 Katrina O'Connell Join The Gap, Inc. SVP (Strategy and Innovation) and CFO, Old Navy The Gap, Inc. EVP and CFO L Brands, Inc. 3/12/2020 Sarah E. Nash Join Novagard Solutions Chair of the Board and CEO L Brands, Inc. Chairman The Gap, Inc. 3/12/2020 Teri List-Stoll Leave The Gap, Inc. EVP and CFO N/A N/A Salesforce.com, Inc. 3/11/2020 Efi Cohen Join Salesforce.com, Inc. SVP (Product and Engineering) Salesforce.com, Inc. SVP (Product and Engineering) and Head (R&D), Isreal Hanesbrands Inc. 3/11/2020 Gerald W. Evans Jr. Leave Hanesbrands Inc. CEO N/A N/A Best Buy Co., Inc. 3/11/2020 Hubert Joly Leave Best Buy Co, Inc. Executive Chairman N/A N/A Best Buy Co., Inc. 3/11/2020 J. Patrick Doyle Join Best Buy Co, Inc. Lead Independent Director Best Buy Co, Inc. Chairman Tapestry, Inc. 3/9/2020 Joshua Schulman Leave Tapestry, Inc. President and CEO, Coach N/A N/A EssilorLuxottica SA 3/6/2020 Ariel Bauer Join EssilorLuxottica SA Investor Relations Director, Asia-Pacific EssilorLuxottica SA Co-Head (Investor Relations) Capri Holdings Limited 3/6/2020 Cathy Marie Robinson Leave Capri Holdings Limited SVP and Chief Operations and Transformation Officer N/A N/A Cisco Systems, Inc. 3/6/2020 David Goeckeler Leave Cisco Systems, Inc. EVP and GM (Networking) N/A N/A CVS Health Corporation 3/6/2020 Derica W. Rice Leave CVS Health Corporation EVP and President, CVS Caremark N/A N/A EssilorLuxottica SA 3/6/2020 Hilary Halper Leave EssilorLuxottica SA Co-CFO N/A N/A EssilorLuxottica SA 3/6/2020 Véronique Gillet Leave EssilorLuxottica SA Co-Head (Investor Relations) N/A N/A The Gap, Inc. 3/5/2020 Sonia Syngal Join The Gap, Inc. CEO, Old Navy The Gap, Inc. CEO Walmart Inc. 3/4/2020 Jamie Iannone Join Walmart Inc. CEO (SamsClub.com) and EVP (Membership and Technology) Walmart Inc. COO, Walmart E-Commerce B&M European Value Retail S.A. 3/3/2020 Alex Russo Join Wilko Retail Ltd. Group Finance Director B&M European Value Retail S.A. Executive Director and CFO PVH Corp. 3/3/2020 Francis K. Duane Leave PVH Corp. CEO (Heritage Brands) and Vice Chairman N/A N/A B&M European Value Retail S.A. 3/3/2020 Paul McDonald Leave B&M European Value Retail S.A. CFO N/A N/A JD.com, Inc. 3/2/2020 Sidney Huang Leave JD.com, Inc. CFO N/A N/A Financial Guidance Updates by Selected Major Retail Companies Company Name Revised/Withdrawn Date Previous Guidance Date Guidance Updates Coty Inc. Revised 09/20/2023 08/22/2023 Company expectations for the first half of fiscal 2024: - Revised revenue growth to be 10%–12% on a like-for-like (LFL) basis, up from 8%–10% previously Company expectations for fiscal 2024: - Core revenue growth to be 8%–10% on a LFL basis, up from 6%-8% previously The Kroger Co. Announced 09/08/2023 02/09/2023 Company expectations for fiscal 2023: - Identical sales growth rate, excluding fuel, to be 1.0%–2.0% - Adjusted diluted EPS to be $4.45–$4.60 - Adjusted FIFO operating profit to be $5.0–5.2 billion - Adjusted tax rate of 23.0% - Capital expenditure to be $3.4–3.6 billion RH Announced 09/07/2023 06/15/2023 Company expectations for the third quarter of fiscal 2023: - Net revenue to be $740–760 million - Adjusted operating margin to be 8%–10% Company expectations for the fourth quarter of fiscal 2023: - Net revenue to be $760–800 million - Adjusted operating margin to be 14.4%–16.6% RH Announced 09/07/2023 02/09/2023 Company expectations for fiscal 2023: - Net revenue growth to be $3.0–3.1 million - Adjusted operating margin to be 14.5%–15.5% Best Buy Co., Inc. Revised 08/29/2023 05/25/2023 Company expectations for fiscal 2024: - Revenue to be $43.8–44.5 billion from $43.8–45.2 previously - Comparable sales to decline to 4.5%–6.0% from 3.0%–6.0% previously - Non-GAAP operating income to be 3.9%–4.1% compared to the previous range of 3.7%–4.1% - Non-GAAP diluted EPS to be $6.00–$6.40 from $5.70–$6.50 previously Best Buy Co., Inc. Announced 08/29/2023 05/25/2023 Company expectations for the third quarter of fiscal 2024: - Comparable sales to slightly better than the (6.2)% reported for the second quarter. PVH Corp. Announced 08/29/2023 05/31/2023 Company expectations for fiscal 2023: - Revenue to increase by 3%–4% (on a constant currency basis) - EPS to be approximately $9.60 on a GAAP basis and $10.35 on a non-GAAP basis. (EPS projection includes an estimated positive impact of approximately $0.15 per share related to foreign currency translation.) - Interest expense to increase to $100 million primarily due to higher interest rates - Effective tax rate to be approximately 22% Company expectations for the third quarter of fiscal 2023: - Revenue to increase by mid single-digits - EPS to be approximately $2.43 on a GAAP basis and $2.70 on a non-GAAP basis. (Third-quarter EPS projection includes estimated positive impact of $0.05 per share related to foreign currency translation.) - Interest expense to increase to $25 million - Effective tax rate to be approximately 22% Dollar General Corporation Revised 08/31/2023 06/01/2023 Company expectations for fiscal 2023: - Net sales growth to be 1.3%–3.3% from 3.5%–5.0% previously - Same-store sales growth to be 1.0% compared to growth of 1.0%–2.0% from previous guidance - Diluted EPS to grow by (34)%–(22)% compared previous guidance of to (8)%–0% Dollar General Corporation Announced 08/31/2023 06/01/2023 Company expectations for fiscal 2023: - Capital expenditures to be $1.6–1.7 billion - Company to open 3,110 real estate projects in the US, including 990 new store openings, 2,000 remodels and 120 store relocations. Signet Jewelers Revised 08/31/2023 09/01/2022 Company expectations for the third quarter of fiscal 2024: - Total sales to be $1.36–1.41 billion - Operating income to be $10–25 million Company expecations for fiscal 2024: - Net revenue to be $7.10–7.30 billion - Diluted EPS to be $9.55–$10.14 - Operating income to be $635–675 million Academy Sports and Outdoors, Inc. Revised 08/31/2023 06/06/2023 Company expectations for fiscal 2023: - Diluted Earnings per Common Share to be $6.65–$7.35, versus previous guidance of $6.50–$7.20 - Adjusted Diluted Earnings per Common Share to be $6.95–$7.65, versus previous guidance of $6.85–$7.50 - Diluted Weighted Average Common Shares to be 78.1, versus previous guidance of 79.7 Lululemon Athletica Inc. Announced 08/31/2023 06/01/2023 Company expectations for the third quarter of fiscal 2023: - Net revenue to be $2.16–2.19 billion, representing growth of 17%–18% - Diluted EPS to be $2.23–$2.38 - Tax rate to be 30.5% Company expecations for fiscal 2023: - Net revenue to be $9.51–9.57 billion, representing growth of 17%–18% - Diluted EPS to be $12.02–$12.17 - Tax rate to be 30% Nordstrom, Inc. Announced 8/24/23 05/31/23 Company expectations for fiscal 2023: - Revenue to decline 4.0–6.0% (including retail sales and credit card revenues) - EBIT margin to be 1.5–2.0% of sales (including the negative impact of charges related to the wind-down of Canadian operations) - Adjusted EBIT margin to be 3.7–4.2% of sales (excluding charges related to wind-down of Canadian operations) - Income tax rate to be approximately 6% (including a 2,100 basis point favorable impact primarily from one-time Canada charges) - EPS of $0.60–$1.00 (including the negative impact of charges related to wind-down of Canadian operations), excluding the impact of share repurchase activity - Adjusted EPS (excluding charges related to the wind-down of Canadian operations) to be $1.80–$2.20 (excluding the impact of share repurchase activity) The Gap, Inc. Announced 8/24/23 05/25/23 Company expectations for the Third Quarter of fiscal 2023: - Net sales to decrease in the low double-digit range compared to last year's net sales of $4.04 billion - Adjusted operating expenses to be approximately $1.3 billion Company expectations for fiscal 2023: - Net sales to decrease in the mid-single digit range in comparison to last year's net sales of $15.6 billion (Fiscal 2023 will include a 53rd week estimated to positively impact net sales by $150 million) - Adjusted operating expenses to be approximately $5.15 billion - Capital expenditures to be $500–$525 million Ulta Beauty, Inc. Revised 8/24/23 05/25/23 Company expectations for fiscal 2023: - Revised Net sales to be $11.5–$11.15 billion - Revised Diluted EPS to be $25.10–$25.60 - Revised Comparable sales to be 4.5–5.5% compared to 4–5% previously - Revised Operating margin to be 14.6% to 14.8% Burlington Stores, Inc. Announced 8/24/23 05/25/23 Company expectations for fiscal 2023: - Total sales to increase 11–12% (including 2% from the 53rd week) - Comparable store sales to increase 3–4% - Capital expenditures, net of landlord allowances, to be $560 million - To open 70-80 net new stores - Adjusted EBIT margin to increase 60–80 basis points versus last year - Net interest expense to be approximately $60 million - Adjusted Effective Tax Rate to be approximately 26% - Adjusted EPS to be in range of $5.37–$5.67 Company expectations for the Third Quarter of fiscal 2023: - Total sales to increase 13–15% - Comparable store sales to increase 5–7% - Adjusted EBIT margin to increase 130–180 basis points versus the prior guidance - Adjusted Effective Tax Rate to be approximately 26% - Adjusted EPS to be in range of $0.86–$1.01, as compared to $0.26 in diluted EPS and $0.43 in Adjusted EPS last year Dollar Tree, Inc. Announced 8/24/23 05/25/23 Company expectations for fiscal 2023: - Consolidated net sales to be $30.6–$30.9 billion - Comparable store sales to be in the mid-single-digit (comprised of mid-single-digit increase in the Dollar Tree segment and a mid-single-digit increase in the Family Dollar segment) - Diluted EPS to be $5.78–$6.08 (including $0.12 charge for the legal reserve taken in the first quarter) Company expectations for the Third Quarter of fiscal 2023: - Consolidated net sales to be $7.3–$7.5 billion, based on a mid-single-digit increase in same-store sales for the enterprise, and for the Dollar Tree and Family Dollar segments - Diluted EPS for the quarter to be in range of $0.94–$1.04. Guess?, Inc. Announced 8/23/23 05/24/23 Company expectations for the Third Quarter of Fiscal 2024: - Consolidated net revenue to increase 2.5–4.5% - GAAP diluted EPS to be $0.46–$0.53 - GAAP operating margin is 7.5–8.3% - Adjusted operating margin is 7.5–8.3% - Adjusted diluted EPS to be $0.55–$0.64 Guess?, Inc. Revised 8/23/23 05/24/23 Company expectations for fiscal 2024: - Revised Consolidated net revenue to increase 2.5–4.0% - Revised GAAP diluted EPS to be $2.22–$2.37 - Revised GAAP operating margin is 8.9–9.3% - Revised Adjusted operating margin is 9–9.4% - Revised Adjusted diluted EPS to be $2.88–$3.08 Williams-Sonoma, Inc. Revised 8/23/23 05/23/23 Company expectations for fiscal 2023: - Revised Net revenue growth to be (5)–(10)% with operating margin between 15–16% - Revised mid-to-high single-digit annual net revenue growth in the long term - Revised Operating margin to be above 15% in the long-term Foot Locker, Inc. Revised 8/23/23 05/19/23 Company expectations for fiscal 2023: - Revised Sales to be down 8.0–9.0% - Revised Comparable Sales to be down 9–10.0% - Revised Licensing Revenue to be $17 million - Revised Gross Margin to be 27.8–28.0% - Revised SG&A Rate to be 22.7–22.9% - Revised Interest to be $12 million - Revised Non-GAAP Tax Rate to be approximately 33.0% - Revised Non-GAAP EPS to be $1.30–$1.50 - Revised Adjusted Capital Expenditures to be approximately $290 million Bath & Body Works, Inc. Announced 8/23/23 05/18/23 Company expectations for fiscal 2023: - Net sales to decline to 1.5–3.5% compared to $7.56 billion in the prior quarter - Diluted EPS to be $2.85–$3.10, compared to $3.40 in 2022 - Adjusted diluted EPS to be $2.80–$3.10 Company expectations for Third Quarter of fiscal 2023: - Net sales to decline to 2.5–4.0% compared to $1.60 billion in the prior quarter - Diluted EPS to be $0.30–$0.40, compared to $0.40 in the prior quarter BJ's Wholesale Club Holdings, Inc. Announced 8/22/23 09/03/2023 Company expectations for fiscal 2023: - Comparable club sales to increase by 2% year over year - Membership fee income to increase by 5% year over year - Merchandise gross margins to increase by 50 basis points year over year - GAAP and Adjusted EPS is $3.80-$3.92 Coty Inc. Announced 8/22/23 06/06/2023 Company expectations for fiscal 2024: - Adjusted EBITDA to be $1065-$1075 million based on current FX rates - Adjusted EPS to be $0.44–$0.47 (Excluding equity swap) Lowe's Companies, Inc. Announced 8/22/23 5/23/23 Company expectations for fiscal 2023: - Total sales to be $87–$89 billion - Comparable sales to be down 2–4% as compared to prior year - Adjusted operating margin to be 13.4–13.6% - Interest expense to be $1.5 billion - Adjusted effective income tax rate to be 25% - Adjusted diluted EPS to be $13.20–$13.60 - Capital expenditures to be $2 billion The Home Depot, Inc. Revised 08/15/2023 05/16/2023 Company expectations for fiscal 2023: - Sales and comparable sales to decline by 2–5% compared to fiscal 2022 - Operating margin rate to be 14.3–14.0% - Tax rate to be approximately 24.5% - Interest expense to be approximately $1.8 billion - Diluted earnings-per-share percentage decline to be 7–13% compared to fiscal 2022 The TJX Companies, Inc. Announced 08/16/2023 05/17/2023 Company expectations for the third quarter of fiscal 2024: - Overall comparable store sales to increase by 3%–4% - Pre-tax profit to be 11.3%–11.5% - Diluted EPS to be $0.95–$0.98 Company expectations for the fourth quarter of fiscal 2024: - Overall comparable store sales to increase by 3%–4% - Pre-tax profit to be 10.7%–10.9% - EPS to be $1.10–$1.13 - Adjusted pre-tax profit to be in the range of 10.3–10.5% - Adjusted diluted EPS to be $1.00–$1.03 Company expectations for fiscal 2024: - Overall comparable store sales to increase 3–4% - Pre-tax profit to be 10.7–10.8% - Diluted EPS to be $3.66–$3.72 - Adjusted pre-tax profit to be 10.6–10.7% - Adjusted diluted EPS to be $3.56–$3.62 Target Corporation Revised 08/16/2023 05/17/2023 Company expectations for fiscal 2023: - Expected comparable sales to be in a wide mid-single-digit range of decline for the remainder of the year. - GAAP EPS and Adjusted EPS both to be $7–$8 compared with the previous year's $7.75–$8.75 Company expectations for the first quarter of fiscal 2023: - Comparable sales to experience a wide range of mid-single digit decline for the remainder of the year. - GAAP EPS and Adjusted EPS both to be $1.20–$1.60 Ross Stores Announced 08/17/2023 05/18/2023 Company expectations for the third and fourth quarter of fiscal 2023: - Comparable store sales to be up 2%–3% and 1%–2% respectively. - EPS to be $1.16–$1.21 compared to $1.10 last year and $1.58–$1.64 compared to $1.31 last year respectively. Company expectations for the second half of fiscal 2023: - EPS to be $5.15–$5.26 compared to $4.38 last year Company expectations for fiscal 2023: - Earnings per share to be approximately $0.16 from the 53rd week Tapestry, Inc. Announced 08/17/2023 05/11/2023 Company expectations for fiscal 2024: - Revenue to be $6.9 billion - Revenue to grow approximately 3–4% versus last year (on a constant currency basis) - Net interest expense to be $20 million - Tax rate to be 20% - Weighted average diluted share count of approximately 235 million shares. - Diluted EPS to be $4.10–$4.15, representing growth of 6–7% versus last year. HanesBrands Inc. Announced 08/10/2023 05/03/2023 Company expectations for fiscal 2023: - Net sales from continuing operations to be $5.8–5.9 billion (this includes a projected headwind of approximately $37 million from foreign currency exchange rates) - GAAP operating profit from continuing operations to be $376–426 million - Adjusted operating profit from continuing operations to be $425–475 million (this includes a projected headwind of approximately $5 million from foreign currency exchange rates) - "GAAP and Adjusted Interest and other expenses of approximately $312 million and $305 million, respectively" - Tax expense to be approximately $65 million - GAAP EPS from continuing operations to be $0.00–$0.14 - Adjusted EPS from continuing operations to be $0.16–$0.30 - Cash flow from operations to be approximately $500 million - Capital investments to be roughly $100 million, consisting of approximately $50 million in capital expenditures and approximately $50 million in cloud computing arrangements - Free cash flow to be approximately $450 million - Fully diluted shares outstanding of approximately 351 million Company expectations for the Third Quarter of fiscal 2023: - Net sales from continuing operations to be $1.5–1.6 billion (this includes a projected tailwind of approximately $3 million from foreign currency exchange rates) - GAAP operating profit from continuing operations to range from $120–140 million - Adjusted operating profit from continuing operations to range from $130–150 million with essentially no impact from changes in foreign currency exchange rates - "GAAP and Adjusted Interest and other expenses of approximately $80 million" - Tax expense to be approximately $25 million - GAAP EPS from continuing operations to range from $0.04–$0.10 - Adjusted EPS from continuing operations to be $0.07–$0.13 - Fully diluted shares outstanding to be 351 million Ralph Lauren Corporation Announced 08/10/2023 05/25/2023 Company expectations for fiscal 2023: - Revenues to increase by a low-single-digit percentage on a constant currency basis compared to last year - Operating margin to increase by 30–50 basis points in constant currency, driven by gross margin expansion - Gross margin to increase approximately 100 basis points in constant currency, compared to the company's previous outlook of a 50–100-basis-point expansion - Tax rate to be in the range of 23–24% Company expectations for the Second Quarter of fiscal 2023: - Revenue to be flat to up slightly to last year in constant currency - Operating margin to be 9.5–10.0% on a reported basis and 9.0–9.5% on a constant currency basis - The company expects its constant currency gross margin to increase by 40–60 basis points - Tax rate to be in the range of 21–22% Capri Holdings Limited Withdrawn 08/10/2023 05/31/2023 VF Corporation Announced 8/1/2023 5/23/2023 Company expectations for fiscal 2024: - EPS to be $2.05–$2.25 - Revenue to be slightly down to flat - Free cash flow to be the same as prior guidance of approximately $900 million Sprouts Farmers Market, Inc. Announced 8/1/2023 5/1/2023 Company expectations for fiscal 2023: - Net sales to grow 5%–6% - Comparable store sales growth to be 2%–3% - Adjusted EBIT to be $378–$390 million - Adjusted diluted EPS to be $2.68–$2.76 - Unit growth to be 30 new stores - Capital expenditures (net of landlord reimbursements) to be $190–$210 million Company expectations for third quarter of fiscal 2023: - Comparable store sales growth to be low-single-digit comps - Adjusted diluted EPS to be $0.59–$0.63 CVS Health Corporation Revised 8/2/2023 5/3/2023 Company expectations for fiscal 2023: - GAAP diluted EPS to be $6.53–$6.75, down from prior guidance of $6.90–$7.12 - Revised adjusted EPS to be $8.50–$8.70 - Revised cash flow from operations to range from $12.5–$13.5 billion The Clorox Company Announced 8/2/2023 5/2/2023 Company expectations for fiscal 2024: - Net sales to be flat to up 2% - Organic sales to grow 2–4% - Gross margin to increase by 150–175 basis points (primarily due to the combined benefits of pricing, cost savings and supply chain optimization, offset by continued cost inflation) - Selling and administrative expenses to be 15%–16% of net sales - Advertising and sales promotion costs to be approximately 11% of net sales - Effective tax rate to be 24% - Diluted EPS to be $4.65–$4.95, an increase of 290%–316% - Adjusted EPS to be $5.60–$5.90, an increase of approximately 10%–16% (the adjusted EPS outlook excludes the long-term strategic investment in digital capabilities and productivity enhancements, estimated to be about 70 cents, and an estimated 25-cent charge related to the streamlined operating model) NEXT Plc Announced 8/3/2023 6/19/2023 Company expectations for the second half of fiscal 2023: - Full-price sales to increase by 0.5% versus the sales recorded during the second half of the previous year. Company expectations for fiscal 2023: - Full-price sales to be up 1.8% NEXT Plc Revised 8/3/2023 6/19/2023 Company expectations for fiscal 2024: - Full-price sales to increase by £4.68 billion ($5.95 billion), up from previous guidance of £4.67 billion ($5.93 billion) - NEXT profit before tax to be £845 million ($1,074 million), up from £835 million ($1,061 million) previously - Revised pre-tax EPS to be 700.1 pence (£7.00; $8.89), compared to prior guidance of 692.0 pence (£6.92; $8.79) - Post-tax EPS to be 535.3 pence (£5.35; $6.80), compared to 529 pence (£5.29; $6.72) previously Gildan Activewear Inc. Revised 8/3/2023 5/3/2023 Company expectations for fiscal 2023: - Revenues to be flat to down low-single-digits, compared to previous expectations of a low-single-digit year-over-year increase - Full-year adjusted operating margin to be slightly below the low end of the current annual target range of 18%–20% - Revised adjusted diluted EPS to be $2.55–$2.65 - Revised capital expenditures to be at the lower end of the current 6%–8% target range - Revised full-year free cash flow generation to be above $425 million Amazon.com, Inc. Announced 8/3/2023 4/27/2023 Company expectations for the third quarter of fiscal 2023: - Net sales to be $138.0–$143.0 billion, or 9%–13% (this guidance anticipates a favorable impact of approximately 120 basis points from foreign exchange rates) - Operating income to be $5.5–$8.5 billion, compared to $2.5 billion previously (this guidance assumes, among other things, that no additional business acquisitions, restructurings or legal settlements are concluded) American Eagle Outfitters, Inc. Revised 8/3/2023 5/24/2023 Company expectations for the second quarter of fiscal 2023: - Revised revenue to be flat compared to last year, up from its previous expectation of revenue to be down low-single digits - Revised operating income to exceed prior guidance of $25–$35 million Carter's, Inc Announced 7/28/2023 05/18/2023 Company expectation for the third quarter of 2023: – Net sales to be $770.0–790.0 million – Adjusted operating income to be $80.0–85.0 million – Adjusted diluted earnings per share to be $1.45–$1.55 – Continued macroeconomic pressure on consumer demand and cautious inventory commitments by wholesale customers – An improved gross margin, reflecting improved price realization and lower transportation and inventory costs – Comparable interest expense and a higher effective tax rate – Lower average number of shares outstanding Company expectation for fiscal 2023: – Net sales to be $2.9–3.0 billion – Adjusted operating income to be $325.0–340.0 million – Adjusted diluted earnings per share $5.95–$6.15 – Operating cash flow to be $300.0 million – Capital expenditures to be $75.0 million – Improved demand trend in the second half of the year as inflation moderates – A gross margin expansion, driven by improved price realization and lower transportation and inventory-related costs – Lower interest expense and a higher effective tax rate – Continued return of excess capital Reckitt Benckiser Group plc Announced 7/26/2023 04/26/2023 Company expectations for fiscal 2023: – Net revenue growth to be 3%–5% in 2023; this includes the lapping of the "US Nutrition impact in 2022" – Adjusted operating margins to be slightly above 2022 levels (when excluding one-off, 80-bps benefit in 2022 related to US Nutrition), compared to the company's previous guidance of “in line with or slightly above 2022 levels” Tractor Supply Revised 7/27/2023 06/06/2023 Company's revised expectation for fiscal 2023: – Net sales to be $14.8–14.9 billion, down from $15.0–15.3 billion previously – Comparable store sales to be 1.3%–2.5%, down from 3.5%–5.5% previously – Operating margin rate to be 10.2%–10.3%, down from 10.1%–10.3% previously – Net income to be $1.1–1.2 billion, flat from previous expectations – Earnings per diluted share to be $10.20–$10.40, down from $10.30–$10.60 previously – Anticipated capital expenditures to be $800–850 million, down from $700–775 million previously – The opening of 70 new Tractor Supply stores, 10–15 new Petsense by Tractor Supply stores, and its 10th distribution center, as well as the continuation of its Project Fusion remodels and garden center transformations Crocs, Inc Announced 7/27/2023 04/27/2023 Company expectations for the second quarter of 2023: – Revenue growth to be 6%–9% compared to the second quarter of 2022, resulting in revenues of approximately $1.0–1.1 billion at current currency rates – Adjusted operating margin to be 26% – Adjusted diluted earnings per share to be $2.83–$2.98 Company expectations for fiscal 2023: – Consolidated revenue growth to be 11%–14% compared to fiscal 2022, resulting in revenues of approximately $3.9–4.0 billion at current currency rates – Revenue for the Crocs brand to grow 7%–9% on a reported basis – Revenue for the HEYDUDE brand to grow by a mid–20s percentage on a reported basis – Adjusted operating margin to be 26%–27% – Non-GAAP adjustments to be $30 million and primarily related to distribution center investments to support growth – Combined GAAP tax rate to be 23%; Non-GAAP effective tax rate to be 20% – Adjusted diluted earnings per share to be $11.17–$11.73 (the adjusted diluted earnings per share guidance does not assume any impact from potential future share repurchases, per the company) – Capital expenditures to be $165–180 million, primarily related to distribution center investments, new technology implementation and a corporate facility expansion Skechers U.S.A Announced 7/27/2023 04/27/2023 Company expectation for the third quarter of 2023: – Sales to be $1.9–2.0 billion – Diluted earnings per share to be $0.70–$0.75 Company expectation for fiscal 2023: – Sales to be $8.0–8.1 billion – Diluted earnings per share to be $3.25–$3.40 Deckers Outdoor Corporation Announced 7/27/2023 05/25/2023 Company expectations for fiscal 2024: – Net sales to be roughly $4.0 billion – Gross margin to be 52% – SG&A expenses as a percentage of sales to be 34% – Operating margin to be 18% – Effective tax rate to be 22%–23% – Diluted earnings per share to be $21.75–$22.25 (the earnings per share guidance does not assume any impact from potential future share repurchases, per the company) Colgate-Palmolive Announced 7/28/2023 06/08/2023 Company expectations for fiscal 2023: – Net sales growth to be 5%–8%, including the benefit from acquisitions of pet food businesses and a low-single-digit negative impact from foreign exchange rates – Organic sales growth to be 5%–7% – On a GAAP basis, the company still expects a gross profit margin expansion, increased advertising investments and double-digit earnings-per-share growth – On a non-GAAP basis, the company still expects a gross profit margin expansion and increased advertising investment; however, it now expects earnings-per-share growth to be at the high end of the mid-single-digit range The Procter & Gamble Announced 7/28/2023 07/11/2023 Company expectations for fiscal 2024: – All-in sales growth to be 3%–4% versus the prior year; the company expects foreign exchange to be a 1% headwind to all-in sales growth. – Organic sales growth to be 4%–5% – Diluted net earnings-per-share growth to be 6%–9% for an EPS of $6.25–$6.43 – Net benefit to be $400 million after-tax from favorable commodity costs net of unfavorable foreign exchange – Core effective tax rate to be 20% – Capital spending to be approximately 5% of net sales – Adjusted free cash flow productivity of 90%; the company also expects to pay more than $9 billion in dividends and to repurchase $5–6 billion of common shares Burberry Group plc Announced 7/14/2023 01/18/2023 Company expectations for fiscal 2024: - Medium-term target revenue to be £4 billion ($5 billion) - Revenues to be £150 million ($197 million) - Adjusted operating profit to be £70 million ($92 million) Coty Inc. Revised 7/6/2023 05/09/2023 Company's revised expectations for the fourth quarter of fiscal 2023: - Revenue growth to be 12%–15% on a like-for-like (LFL) basis, up from its previous guidance of 10% Company's revised expectations for fiscal 2023: - Core revenue to be up 10%–11% on a LFL basis (excluding the impact of the company's Russia exit), up from 9%–10% previously - Adjusted EBITDA to be $965–970 million, compared to its previous guidance of $955–965 million Levi Strauss & Co. Revised 7/6/2023 04/06/2023 Company's revised expectations for fiscal 2023: - Reported net revenues to be 1.5%–2.5% compared to 1.5%–3% previously - Adjusted diluted EPS to be $1.10–$1.20 versus previous guidance of $1.30–$1.40 NIKE, Inc Announced 6/29/2023 05/04/2023 Company Expectations for Fiscal 2024: –Revenue to grow mid-single digits, led by Nike Direct – Gross margins to be 140–160 basis points on a reported basis, which translates to 200 basis points of operational gross margin expansion, excluding 50 basis points of impact from foreign exchange headwinds –Continued structural gains from a focus on price value, including low single-digit price increases in FY24 –SG&A to grow slightly above revenue –Other income and expense, including net interest income, to be $225–275 million of income for the year –Effective tax rate to be similar to Fiscal 2023 Company Expectations for the first quarter of Fiscal 2024 –Revenue growth to be flat to up low single-digits –Gross margin to be 50–75 basis points on a reported basis, which translates to 25–50 basis points of operational gross margin expansion, excluding the negative impact of 100 basis points of foreign exchange headwinds –SG&A to be low double-digits NEXT Plc Revised 6/19/2023 05/04/2023 Company expectations for fiscal 2023: - Revised full price sales to be £4.7 billion ($6.0 billion), up from its previous guidance of £4.5 billion ($5.76 billion) - Revised profit before tax to be £835 million ($1.1 billion), up from its previous guidance of £795 million ($1.0 billion) ASOS Plc Announced 6/15/2023 01/12/2023 Company expectations for the second half of fiscal 2023: - Adjusted EBIT to be £40–60 million ($51.0–76.5 million) - Over the course of the second half of 2023, the company plans to add to the more than £400 million ($510.0 million) in cash and undrawn facilities Company expectations for fiscal 2023: - Benefits to be around £300 million ($382.5 million), equating to around £385 million ($490.8 million) in gross annualized benefits Signet Jewelers Limited Announced 6/8/2023 09/01/2022 Company expectations for the second quarter of fiscal 2024: -Total sales to be $1.5–1.6 billion -Operating income to be $85–100 million Company expectations for fiscal 2024: -Total sales to be $7.1–7.3 billion -Operating income to be $635–675 million -Diluted EPS to be $9.49–$10.09 -Annual tax rate to be 19% Academy Sports and Outdoors, Inc. Revised 6/6/2023 03/16/2023 Company expectations for fiscal 2023: - Net sales to be $6.2–6.4 billion, down from $6.5–$6.7 billion previously - Comparable sales to be (7.5)%–(4.5)%, down from (2.0)%–1.0% previously - Gross margin rate to be 34.0%–34.4% - GAAP income before taxes to be $675–750 million, down from $705–780 million previously - GAAP net income to be $520–575 million, down from $535–595 million previously - GAAP diluted earnings per common share to be $6.50–$7.20, down from $6.70–$7.45 previously - Adjusted diluted earnings per common share to be $6.80–$7.50, down from $7.00–$7.75 previously - Capital expenditures to be $200–250 million - Adjusted free cash flow to be $400–450 million, down from $450–500 million previously Dollar General Corporation Revised 6/1/2023 03/16/2023 Company expectations for fiscal 2023: - Revised net sales growth to be 3.5–5.0%, previously 5.5–6% - Revised same-store sales growth to be 1.0–2.0%, previously 3.0–3.5% - Revised diluted EPS to range from flat growth to 8.0% decline, compared to its previous growth of 4–6% - Revised diluted EPS to have negative impact of approximately four PPTs due to higher interest expenses in fiscal 2023, compared to the anticipated negative impact of three PPTs in prior guidance - Effective tax rate to be approximately 22.5%, revised from 22.5–23.0% previously - Revised capital expenditures to be $1.6–1.7 billion, previously $1.8–$1.9 billion - Revised real estate projects in the United States to be 3,110 (990 new store openings, 2,000 remodels and 120 relocations), compared to 3,170 real estate projects in fiscal 2023 (including 1,050 new store openings, 2,000 remodels, and 120 store relocations) Macy’s, Inc. Revised 6/1/2023 03/02/2023 Company expectations for fiscal 2023: - Revised net sales to be $22.8–23.2 billion, a decrease from $23.7–$24.2 billion previously - Revised comparable owned-plus-licensed sales to be down 7.5–6.0%, previously down 4–2% versus 2022 - Adjusted diluted EPS to be $2.70–$3.20, revised from $3.67–$4.11 Five Below, Inc. Announced 6/1/2023 3/15/2023 Company expectations for the second quarter of fiscal 2023: - Net sales to be $755–765 million - Approximately 40 new stores to be opened - Comparable sales to increase by 2.0%–3.0% - Net income to be $44–48 million - Diluted income per common share to be $0.80–$0.85 - Diluted weighted average shares outstanding to be 55.9 million Company expectations for full fiscal 2023: - Net sales to be $3.5–3.6 billion - Over 200 new stores to be opened - Comparable sales to increase by 1.0–3.0% - Net income to be $297–319 million - Diluted income per common share to be $5.31–$5.71 - Diluted weighted average shares outstanding to be 55.9 million lululemon athletica inc. Announced 6/1/2023 3/28/2023 Company expectations for the second quarter of fiscal 2023: - Net revenue to be $2.1–2.2 billion, representing growth of approximately 15.0% - Diluted EPS to be $2.47–$2.52 - Tax rate to be 30.0% Company expecations for full fiscal 2023: - Net revenue to be $9.4–9.5 billion, representing growth of approximately 17.0% - Diluted EPS to be $11.74–$11.94 - Tax rate to be 30.0% Capri Holdings Limited Announced 5/31/2023 11/9/2022 Company expectations for the first and second half of fiscal 2024: - Revenues to be $2.6 billion in the first half and $3.1 billion in the second half - Adjusted operating margin to be 13.0% in the first half and 19.5% in the second half - Adjusted EPS to be $2.50 in the first half and $3.90 in the second half Company expectations for fiscal 2024: For Capri Holdings: - Total revenue to increase by $5.7 billion - Operating margin to be 16.5% - Net interest expense to be $20.0 million - Effective tax rate to be approximately 15.0% - Weighted average diluted shares outstanding to be approximately 122 million - Diluted EPS to be approximately $6.40 - Capital expenditures to be $260.0 million For Versace: - Total revenue to be $1.2 billion - Operating margin to be in the mid-teens range For Jimmy Choo: - Total revenue to be approximately $700.0 million - Operating margin to be in the high-single-digit range For Michael Kors: - Total revenue to be approximately $3.8 billion - Operating margin to be in the low-20% range Company expectations for the first quarter of fiscal 2024: For Capri Holdings: - Total revenue to be approximately $1.2 billion - Operating margin to be 8.5% - Net interest expense to be $4.0 million - Effective tax rate to be approximately 15% - Weighted average diluted shares outstanding to be approximately 120 million - Diluted earnings per share of approximately $0.70 For Versace: - Total revenue to be $245.0 million - Operating margin "of break-even" For Jimmy Choo: - Total revenue to be $180.0 million - Operating margin to be in the high-single-digit range For Michael Kors: - Total revenue to be $775.0 million - Operating margin to be in the mid-teens range PVH Corp. Announced 5/31/2023 3/27/2023 Company expectations for fiscal 2023: - Revenue to increase by 3.0%–4.0% on a constant currency basis - Operating margin to be approximately 10.0% - EPS to be approximately $10.00 on a GAAP basis and $8.97 on a non-GAAP basis (EPS projection includes estimated positive impact of approximately $0.15 per share related to foreign currency rates) - Interest expense to increase by $100.0 million primarily due to higher interest rates - Effective tax rate to be approximately 24.0% Company expectations for the second quarter of fiscal 2023: - Revenue to increase by a low single-digit percentage - EPS to be approximately $1.70 on a GAAP basis and $2.08 on a non-GAAP basis (second quarter EPS projection includes estimated positive impact of $0.05 per share related to foreign currency rates) - Interest expense to increase by $25.0 million - Effective tax rate to be approximately 26.0% Nordstrom, Inc. Announced 5/31/2023 3/2/2023 Company expectations for fiscal 2023: - Revenue to decline by 4.0%–6.0% (including retail sales and credit card revenues) - EBIT margin to be 1.5%–2.0% of sales - Adjusted EBIT margin to be 3.7%–4.2% of sales - Income tax rate to be approximately 6.0% - EPS to be $0.60–$1.00 - Adjusted EPS to be $1.80–$2.20 Burlington Stores, Inc. Announced 5/25/2023 03/02/2023 Company expectations for fiscal 2023: - Total sales to increase by 12%–14%, including 2% from the 53rd week - Comparable store sales to increase by 3%–5% - Capital expenditures, net of landlord allowances, to be $560 million - To open 70–80 net new stores - Adjusted EBIT margin to increase by 80–120 basis points versus last year - Net interest expense to be approximately $63 million - Adjusted Effective Tax Rate to be approximately 26% - Adjusted EPS to be $5.50–$6.00 Company expectations for the second quarter of fiscal 2023: - Total sales to increase 8–10% - Comparable store sales to increase 2–4% - Adjusted EBIT margin to increase by 10–50 basis points versus the second quarter of fiscal 2022 - Adjusted Effective Tax Rate to be approximately 25% - Adjusted EPS to be $0.35–$0.45, as compared to $0.18 in diluted EPS and $0.35 in Adjusted EPS last year Best Buy Co., Inc. Announced 5/25/2023 03/02/2023 Company expectations for fiscal 2024: - Revenue to be $43.8–$45.2 billion - Comparable sales to decline by 3.0%–6.0% - Non-GAAP operating income to be 3.7%–4.1% - Non-GAAP effective income tax rate to be approximately 24.5% - Non-GAAP diluted EPS to be $5.70–$6.50 - Capital expenditures to be approximately $850 million Dollar Tree, Inc. Announced 5/25/2023 03/01/2023 Company expectations for fiscal 2023: - Consolidated net sales to be $30.0–$30.5 billion - Comparable store sales to increase by low to mid-single digits, comprised of low to mid-single-digit increase in the Dollar Tree segment and a mid-single-digit increase in the Family Dollar segment - Diluted EPS to be $5.73–$6.13, including an expected benefit of $0.29 from the 53rd week and the $0.12 charge for the legal reserve Company expectations for the second quarter of fiscal 2023: - Consolidated net sales to be $7.0–$7.2 billion, based on a mid-single-digit increase in same-store sales for the enterprise, and for the Dollar Tree and Family Dollar segments - Diluted EPS for the quarter to be in range of $0.79–$0.89 Ralph Lauren Corporation Announced 5/25/2023 02/09/2023 Company expectations for fiscal 2024: - Revenues to increase by low single digits compared to last year on a constant currency basis - Operating margin to expand by 30–50 basis points in constant currency, driven by gross margin expansion - Gross margin to increase by 50–100 basis points in constant currency - Tax rate to be 24%–25%, assuming continuation of current tax laws - Capital expenditures to be $275–$300 million Company expectations for the first quarter for fiscal 2024: - Revenues to be flat to up slightly compared to last year on a constant currency basis - Revenues to be down slightly compared to prior year on a reported basis, including approximately 150 basis points of negative foreign currency impact - Operating margin to expand by 30–50 basis points in constant currency, driven by stronger gross margins - Gross margin to be driven by lower freight costs and continued AUR growth partially offset by increased product costs - Foreign currency to have a negative impact on operating and gross margins by approximately 50 basis points - Tax rate to be 23%–24% Ulta Beauty, Inc. Revised 5/25/2023 03/09/2023 Company expectations for fiscal 2023: - Net sales to be $11,000–$11,100 million, against previous guidance of $10,950–$11,050 million. - Diluted EPS to be $24.70–$25.40 Deckers Outdoor Corporation Announced 5/25/2023 02/02/2023 Company expectations for fiscal 2024: - Net sales to be approximately $3,950 million - Gross margin to be approximately 52% - SG&A expenses as a percentage of sales to be approximately 34% - Operating margin to be approximately 18% - Effective tax rate to be 22%–23% - Diluted EPS to be $21.10–$21.60 (Assuming no impact from potential future share repurchases) Gap Inc. Announced 5/25/2023 03/09/2023 Company expectations for the second quarter of fiscal 2023: - Net sales to decrease by mid- to high-single digits compared to last year’s net sales of $3.86 billion - Adjusted SG&A to be approximately $1.3 billion Company expectations for fiscal 2023: - Net sales to decrease by low to mid-single digits compared to last year’s net sales of $15.6 billion - Net sales to be positively impacted by $150 million on a 53rd week estimate - Adjusted SG&A to be approximately $5.2 billion - Capital expenditures to be $500–$525 million Kohl’s Corporation Announced 5/24/2023 03/01/2023 Company expectations for fiscal 2023: - Net sales to decrease by 2–4%, which includes the impact of the 53rd week, worth approximately 1% year over year - Operating margin to be approximately 4.0% - Diluted EPS to be $2.10–$2.70, excluding any non-recurring charges - Capital Expenditures to be $600–$650 million, including expansion of its Sephora partnership and store refresh activity Petco Health and Wellness Company, Inc. Announced 5/24/2023 03/22/2023 Company expectations for fiscal 2023: - Net Revenue to be $6.15–$6.28 billion - Adjusted EBITDA to be $520–$540 million - Adjusted EPS to be $0.40–$0.48 - Capital Expenditures to be $225–$250 million Guess?, Inc. Announced 5/24/2023 03/14/2023 Company expectations for the second quarter of fiscal 2024: - Consolidated net revenue to decrease by 1.5% to flat - GAAP diluted EPS to be $0.30–$0.36 Company expectations for fiscal 2024: - Consolidated net revenue to increase by 2.0–4.0% - GAAP diluted EPS to be $2.01–$2.25 American Eagle Outfitters, Inc. Announced 5/24/2023 03/01/2023 Company expectations for the second quarter of fiscal 2023: - Revenue to be down by low-single digits - Operating income to be $25–$35 million - SG&A to increase by low to mid-single digits Company expectations for fiscal 2023: - Revenue to be flat to down low single digits - Operating income to be $250–$270 million Lowe's Companies, Inc. Announced 5/23/2023 3/1/2023 Company expectations for fiscal 2023: - Total sales to be $87–89 billion - Comparable sales to be down 2–4% as compared to flat to down 2% in prior year - Adjusted operating margin to be 13.4%–13.6% - Interest expense to be approximately $1.5 billion - Adjusted effective income tax rate to be approximately 25% - Adjusted diluted EPS to be $13.20–$13.60, compared to $13.60–$14.00 of prior year - Capital expenditures to be $2 billion DICK'S Sporting Goods, Inc. Announced 5/23/2023 3/7/2023 Company expectations for fiscal 2023: - Diluted EPS to be $12.90–$13.80, based on effective tax rate of approximately 21% - Comparable store sales to be flat to up 2.0% on a 52-week basis - Capital expenditures to be $670–$720 million on a gross basis, or $550–$600 million on a net basis Williams-Sonoma, Inc. Announced 5/23/2023 3/16/2023 Company expectations for fiscal 2023: - Net revenue growth to be (3)%–3%, with operating margin of 14%–15% - Annual net revenue growth to be mid- to high single-digit in the long term - Operating margin to be above 15% in the long term VF Corporation Announced 5/23/2023 2/7/2023 Company expectations for fiscal 2024: - Total VF revenue to be flat to up slightly in constant dollars - Gross margin to be up 100 basis points - EPS to be $2.05–$2.25 Kohl’s Corporation Announced 5/24/2023 3/1/2023 Company expectations for fiscal 2023: - Net sales to decrease by 2–4%, which includes the impact of the 53rd week, worth approximately 1% year over year - Operating margin to be approximately 4.0% - Diluted EPS to be $2.10–$2.70, excluding any non-recurring charges - Capital Expenditures to be $600–$650 million, including expansion of its Sephora partnership and store refresh activity Petco Health and Wellness Company, Inc. Announced 5/24/2023 3/22/2023 Company expectations for fiscal 2023: - Net Revenue to be $6.15–$6.28 billion - Adjusted EBITDA to be $520–$540 million - Adjusted EPS to be $0.40–$0.48 - Capital Expenditures to be $225–$250 million Guess?, Inc. Announced 5/24/2023 3/14/2023 Company expectations for the second quarter of fiscal 2024: - Consolidated net revenue to decrease by 1.5% to flat - GAAP diluted EPS to be $0.30–$0.36 Company expectations for fiscal 2024: - Consolidated net revenue to increase by 2.0–4.0% - GAAP diluted EPS to be $2.01–$2.25 American Eagle Outfitters, Inc. Announced 5/24/2023 3/1/2023 Company expectations for the second quarter of fiscal 2023: - Revenue to be down by low-single digits - Operating income to be $25–$35 million - SG&A to increase by low to mid-single digits Company expectations for fiscal 2023: - Revenue to be flat to down low single digits - Operating income to be $250–$270 million Burlington Stores, Inc. Announced 5/25/2023 3/2/2023 Company expectations for fiscal 2023: - Total sales to increase by 12%–14%, including 2% from the 53rd week - Comparable store sales to increase by 3%–5% - Capital expenditures, net of landlord allowances, to be $560 million - To open 70–80 net new stores - Adjusted EBIT margin to increase by 80–120 basis points versus last year - Net interest expense to be approximately $63 million - Adjusted Effective Tax Rate to be approximately 26% - Adjusted EPS to be $5.50–$6.00 Company expectations for the second quarter of fiscal 2023: - Total sales to increase 8–10% - Comparable store sales to increase 2–4% - Adjusted EBIT margin to increase by 10–50 basis points versus the second quarter of fiscal 2022 - Adjusted Effective Tax Rate to be approximately 25% - Adjusted EPS to be $0.35–$0.45, as compared to $0.18 in diluted EPS and $0.35 in Adjusted EPS last year Best Buy Co., Inc. Announced 5/25/2023 3/2/2023 Company expectations for fiscal 2024: - Revenue to be $43.8–$45.2 billion - Comparable sales to decline by 3.0%–6.0% - Non-GAAP operating income to be 3.7%–4.1% - Non-GAAP effective income tax rate to be approximately 24.5% - Non-GAAP diluted EPS to be $5.70–$6.50 - Capital expenditures to be approximately $850 million Dollar Tree, Inc. Announced 5/25/2023 3/1/2023 Company expectations for fiscal 2023: - Consolidated net sales to be $30.0–$30.5 billion - Comparable store sales to increase by low to mid-single digits, comprised of low to mid-single-digit increase in the Dollar Tree segment and a mid-single-digit increase in the Family Dollar segment - Diluted EPS to be $5.73–$6.13, including an expected benefit of $0.29 from the 53rd week and the $0.12 charge for the legal reserve Company expectations for the second quarter of fiscal 2023: - Consolidated net sales to be $7.0–$7.2 billion, based on a mid-single-digit increase in same-store sales for the enterprise, and for the Dollar Tree and Family Dollar segments - Diluted EPS for the quarter to be in range of $0.79–$0.89 Ralph Lauren Corporation Announced 5/25/2023 2/9/2023 Company expectations for fiscal 2024: - Revenues to increase by low single digits compared to last year on a constant currency basis - Operating margin to expand by 30–50 basis points in constant currency, driven by gross margin expansion - Gross margin to increase by 50–100 basis points in constant currency - Tax rate to be 24%–25%, assuming continuation of current tax laws - Capital expenditures to be $275–$300 million Company expectations for the first quarter for fiscal 2024: - Revenues to be flat to up slightly compared to last year on a constant currency basis - Revenues to be down slightly compared to prior year on a reported basis, including approximately 150 basis points of negative foreign currency impact - Operating margin to expand by 30–50 basis points in constant currency, driven by stronger gross margins - Gross margin to be driven by lower freight costs and continued AUR growth partially offset by increased product costs - Foreign currency to have a negative impact on operating and gross margins by approximately 50 basis points - Tax rate to be 23%–24% Ulta Beauty, Inc. Revised 5/25/2023 3/9/2023 Company expectations for fiscal 2023: - Net sales to be $11,000–$11,100 million, against previous guidance of $10,950–$11,050 million. - Diluted EPS to be $24.70–$25.40 Deckers Outdoor Corporation Announced 5/25/2023 2/2/2023 Company expectations for fiscal 2024: - Net sales to be approximately $3,950 million - Gross margin to be approximately 52% - SG&A expenses as a percentage of sales to be approximately 34% - Operating margin to be approximately 18% - Effective tax rate to be 22%–23% - Diluted EPS to be $21.10–$21.60 (Assuming no impact from potential future share repurchases) Gap Inc. Announced 5/25/2023 3/9/2023 Company expectations for the second quarter of fiscal 2023: - Net sales to decrease by mid- to high-single digits compared to last year’s net sales of $3.86 billion - Adjusted SG&A to be approximately $1.3 billion Company expectations for fiscal 2023: - Net sales to decrease by low to mid-single digits compared to last year’s net sales of $15.6 billion - Net sales to be positively impacted by $150 million on a 53rd week estimate - Adjusted SG&A to be approximately $5.2 billion - Capital expenditures to be $500–$525 million Coty Inc. Revised 5/9/2023 3/15/2023 Company expectations for fiscal 2023: - Revenue to be 9%–10% - Adjusted EBITDA to be $955–$965 million based on current FX rates - Adjusted EPS to be $0.52–$0.53, reflecting over 85% growth (including the benefit from the equity swap and assuming the current share price holds) - Adjusted EPS growth of approximately 35% to be $0.38–0.39 (excluding any mark-to-market adjustments on the equity swap) Under Armour, Inc. Announced 5/9/2023 8/2/2023 Company expectations for fiscal 2023: - Revenue to be flat to up slightly - Gross margin to be up 25–75 basis points compared to the prior year's rate of 44.9% - Selling, general & administrative expenses to be flat to up slightly - Operating income to be $310–$330 million - Effective tax rate to be in the low twenties percentage range - Diluted EPS to be $0.47–$0.51 - Capital expenditures to be $250–$270 million Tapestry, Inc. Announced 5/11/2023 9/2/2023 Company expectations for fiscal 2023: - Revenue to be $6.7 billion - Revenue to grow approximately 3% versus last year - Net interest expense to be approximately $30 million - Tax rate to be approximately 19.0% - Diluted EPS to be $3.85–$3.90 representing low double-digit growth versus last year (Non-GAAP basis) The Home Depot, Inc. Announced 5/16/2023 2/21/2023 Company expectations for fiscal 2023: - Sales and comparable sales to decline 2–5% compared to fiscal 2022 - Operating margin rate to be 14.3%–14.0% - Tax rate to be approximately 24.5% - Interest expense to be approximately $1.8 billion - Diluted earnings-per-share percentage decline to be 7–13% compared to fiscal 2022 Target Corporation Announced 5/17/2023 2/28/2023 Company expectations for the first quarter of fiscal 2023: - Comparable sales to experience a low-single-digit decline - Both GAAP EPS and Adjusted EPS to be $1.30–$1.70 Company expectations for fiscal 2023: - Comparable sales to be in a wide range from a low-single-digit decline to a low-single-digit increase - Operating income growth to be more than $1 billion - Both GAAP EPS and Adjusted EPS to be $7.75 to $8.75 The TJX Companies, Inc. Announced 5/17/2023 2/22/2023 Company expectations for the second quarter of fiscal 2024: - Overall comparable store sales to increase by 2%–3% - Diluted EPS to be $0.72–$0.75 Company expectations for fiscal 2024: - Overall comparable store sales to increase 2–3% - Diluted EPS to be $3.49–$3.58 - Adjusted diluted EPS to be in the range of $3.39–$3.48 (excluding these expected benefits) Bath & Body Works, Inc. Announced 5/18/2023 2/23/2023 Company expectations for fiscal 2023: - Net sales to be flat with a mid-single digit decline compared to $7.6 billion in 2022 - Diluted EPS to be $2.70–$3.10, compared to $3.40 in 2022. - Adjusted diluted EPS to be $2.68–$3.08 Company expectations for second quarter of fiscal 2023: - Net sales to decline by low- to mid-single digits compared to $1.6 billion in the second quarter of 2022 - Diluted EPS to be $0.27–$0.32 Ross Stores, Inc. Announced 5/18/2023 2/28/2023 Company expectations for the second quarter of fiscal 2023: - Comparable store sales to be relatively flat - EPS to be $1.07–$1.14 compared to $1.11 last year Company expectations for fiscal 2023: - Comparable store sales to be relatively flat (based on first quarter results and second quarter guidance) - EPS to be $4.77–$4.99 - Earnings per share to be approximately $0.15 from the 53rd week Foot Locker, Inc. Revised 5/19/2023 3/20/2023 Company expectations for fiscal 2023: - Sales to be down 6.5%–8.0% - Comparable sales to be down 7.5%–9.0% - Licensing revenue to be $20 million, unchanged from previous guidance - Gross margin to be 28.6%–28.8% - SG&A rate to be 22.4–22.6% - Interest to be $16 million - Non-GAAP tax rate to be 32.9%–33.1% - Non-GAAP EPS to be $2.00–$2.25 - Adjusted Capital Expenditures to be $305 million, similar to prior guidance NEXT plc Announced 5/4/2023 1/5/2023 Company expectations for fiscal 2023: - Full price sales to be down 1.5% - Profit before tax to be £795 million - Pre-tax EPS to be 656.1 pence - Post-tax EPS to be 501.9 pence Zalando SE Announced 5/4/2023 4/8/2022 Company expectations for fiscal 2023: - GMV to grow 1%–7% - Revenue to grow (1)%–4% - Adjusted EBIT to be €280–350 million Floor & Decor Holdings, Inc. Announced 5/4/2023 2/23/2023 Company expectations for fiscal 2023: - Net sales to be $4,610–$4,750 million - Comparable store sales to be approximately (3.0)% to flat - Diluted EPS to be $2.55–$2.85 - Adjusted EBITDA to be $605–$650 million - Depreciation and amortization expense to be $190 million - Interest expense, net to be $17–$18 million - Tax rate to be approximately 23% - Diluted weighted average shares outstanding to be approximately 108 million shares - 32–35 new warehouse-format stores to open - Capital expenditures to be $620–$675 million Gildan Activewear Inc. Announced 5/3/2023 2/22/2023 Company expectations for fiscal 2023: - Revenue growth to be in the low-single-digit range - Adjusted operating margin to be 18%–20% - Capex to be at the lower end of the previously stated 6%–8% range Sprouts Farmers Market, Inc. Announced 5/1/2023 2/3/2023 Company expectations for fiscal 2023: - Net sales to be 5%–6% - Comparable store sales growth: 2%–3% - Adjusted EBIT to be $370–$385 million - Adjusted diluted EPS to be $2.58–$2.68 - Unit growth of 30 new stores, 11 store closures, and acquisition of 2 previously licensed stores - Capital expenditures (net of landlord reimbursements) to be $210–$230 million Company expectations for the second quarter of fiscal 2023: - Comparable store sales to be approximately 3% - Adjusted diluted EPS to be $0.61–$0.65 The Clorox Company Revised 5/2/2023 2/2/2023 Company expectations for fiscal 2023: - Net sales to be 1%–2% - Gross margin to increase by between 250 and 300 basis points - Selling and administrative expenses to be 16% of net sales - Effective tax rate to be about 37% - Diluted EPS to be $0.45–$0.60, or an 88%–84% decrease, respectively - Adjusted EPS to be $4.35–$4.50, or a 6%–10% increase, respectively CVS Health Corporation Revised 5/3/2023 2/8/2023 Company expectations for fiscal 2023: - Revised GAAP diluted EPS to be $6.90–$7.12, revised from $7.73–$7.93 - Revised adjusted EPS to be $8.50–$8.70, revised from $8.70–$8.90 - Confirmed cash flow from operations to be $12.5–$13.5 billion The Estée Lauder Companies Inc. Announced 5/3/2023 2/2/2023 Company expectations for fiscal 2023: - Effective tax rate to increase by approximately 27% - The TOM FORD brand acquisition to be $.03–$.04 dilutive to full year diluted earnings per common share - Net sales to decrease between 12%–10% Earnings Per Share Outlook: - Diluted net EPS to be $2.62–$2.76 - Excluding restructuring and other charges and adjustments, diluted net EPS to be $3.29–$3.39 - Adjusted diluted EPS to decrease by 51%–50% on a constant currency basis HanesBrands Inc. Announced 5/3/2023 2/2/2023 Company expectations for fiscal 2023: - Net sales from continuing operations to be $6.05–$6.20 billion - GAAP operating profit from continuing operations to be $446–$496 million - Adjusted operating profit from continuing operations to be $500–$550 million - Adjusted interest and other expenses to be $300 million - Tax expense to be $90–$100 million - GAAP EPS from continuing operations to be $0.14–$0.25 - Adjusted EPS from continuing operations to be $0.31–$0.42 - Cash flow from operations to be approximately $500 million - Capital investments to be approximately $150 million, consisting of approximately $70 million of capital expenditures and approximately $80 million of cloud computing arrangements - Free cash flow to be approximately $430 million - Fully diluted shares outstanding to be 352 million Company expectations for the second quarter of fiscal 2023: - Net sales from continuing operations to be $1.42–$1.47 billion - GAAP operating profit from continuing operations to be $55–$75 million - Adjusted operating profit from continuing operations to be $70–$90 million - Interest and other expenses to be $80 million - Tax expense to be $10 million - GAAP loss per share from continuing operations to be $0.09–$0.04 - Adjusted loss per share from continuing operations to be $0.05–$0.00 - Fully diluted shares outstanding of approximately 351 million Columbia Sportswear Company Revised 4/27/2023 2/2/2023 Company expectations for fiscal 2023: - Net sales to be $3.6–3.7 billion, representing net sales growth of 3%–6% - Operating income to be $413.0–431.0 million for an operating margin of 11.6%–11.8% - Diluted EPS to be $5.15–$5.40 Unilever PLC Announced 4/27/2023 7/26/2022 Company expectations for fiscal 2023: - Sales growth for fiscal 2023 to be 3%–5%—the company expects underlying price growth will remain high in the first half and soften through the year - Operating margin in the first half will be "at least" 16% Tractor Supply Company Announced 4/27/2023 1/26/2023 Company expectations for fiscal 2023: - Net sales to be $15.0–$15.3 billion - Comparable store sales to be 3.5%–5.5% - Operating margin rate to be 10.1%–10.3% - Net income to be $1130–$1170 million - Diluted EPS to be $10.30–$10.60 Crocs, Inc. Announced 4/27/2023 2/16/2023 Company expectations for the second quarter for fiscal 2023: - Revenues to grow approximately 6%–9%, resulting in revenues of approximately $1,026–$1,049 million at current currency rates - Adjusted operating margin to be 26.0% - Adjusted diluted EPS to be $2.83–$2.98 Company expectations for fiscal 2023: - Consolidated revenue growth to be 11%–14%, resulting in revenues of approximately $3,945–$4,045 million at current currency rates - Crocs Brand revenues to be 7%–9% on a reported basis - HEYDUDE Brand revenues to increase by mid-20% on a reported basis - Adjusted operating margin to be 26.0%–27.0% - Non-GAAP adjustments to be approximately $30 million - Combined GAAP tax rate to be 23% and Non-GAAP effective tax rate to be 20% - Adjusted diluted EPS to be $11.17–$11.73 - Capital expenditures to be $165–$180 million Amazon.com, Inc. Announced 4/27/2023 2/2/2023 Company expectations for the second quarter for fiscal 2023: - Net sales to be $127.0–$133.0 billion, or to grow 5%–10% - Operating income to be $2.0–$5.5 billion, compared with $3.3 billion in the second quarter of 2022 Sketchers U.S.A., Inc. Announced 4/27/2023 2/2/2023 Company expectations for the second quarter for fiscal 2023: - Sales to be $1850–$1900 million - Diluted EPS to be $0.40–$0.50 Company expectations for fiscal 2023: - Sales to be $7.9–$8.1 billion - Diluted EPS to be $3.00–$3.20 Reckitt Benckiser Group plc Announced 4/26/2023 10/26/2022 Company expectations for fiscal 2023: - Group LFL net revenue to grow 3%–5% Kimberly-Clark Corporation Announced 4/25/2023 1/25/2023 Company expectations for fiscal 2023: - Organic sales to be 2%–4% - Net sales to be 0%–2% - Operating profit to be up low-double digits, compared to previous guidance of up mid- to high-single digits. - EPS (vs. adjusted EPS last year) to be 6%–10% - Tax rate to be 23%–25% - Share repurchases to be $100–$150 million Levi Strauss & Co. Announced 4/6/2023 1/25/2023 Company reaffirmed sales guidance for fiscal 2023: - Net revenues to be $6.3–6.4 billion, reflecting 1.5%–3.0% year-over-year revenue growth - Adjusted diluted EPS to be $1.30–$1.40 Walmart Inc. Announced 4/4/2023 2/21/2023 Company expectations for the first quarter of fiscal 2024: - Consolidated net sales to increase to 4.5%–5.0% in constant currency - Consolidated operating income to be 3.5%–4.0% - Adjusted earnings per share to be $1.25–$1.30 Company expectations for fiscal 2024: - Consolidated net sales to be 2.5%–3.0% in constant currency - Walmart US comp sales to be 2.0%–2.5%, ex. fuel - Sam’s Club US comp sales to be about 5.0%, ex. fuel - Walmart's international net sales to be about 6% in constant currency - Consolidated operating expenses to increase slightly as a percentage of net sales constant currency - Consolidated operating income to be approximately 3.0% in constant Currency - Net interest expense to be about $750 million - Effective tax rate range of 25.5%–26.5% - Adjusted earnings per share to be $5.90–$6.05 - Capital expenditures to be up slightly in total dollars versus last year with a focus on technology, supply chain and customer-facing initiatives Walgreens Boots Alliance, Inc. Announced 3/28/2023 1/5/2023 Company expectations for fiscal 2023: - Adjusted EPS guidance to be $4.45–$4.65, projecting percentage growth in the mid-20s in the second half of fiscal 2023 Lululemon Athletica Inc. Announced 3/28/2023 1/9/2023 Company expectations for first quarter of fiscal 2023: - Net revenue to be $1.89–$1.93 billion, representing growth of approximately 18% - Diluted EPS to be $1.93–$2.00 - Tax rate to be 30% Company expectations for fiscal 2023: - Net revenue to be $9.3–$9.4 billion, representing growth of approximately 15% - Diluted EPS to be $11.50–$11.72 - Tax rate to be 30% PVH Corp. Announced 3/27/2023 11/30/2022 Company expectations for fiscal 2023: - Revenue to grow 3%–4% (2%–3% on a constant currency basis) - Operating margin to be 10% - EPS to be $10.00 Company expectations for the first quarter of fiscal 2023: - Revenue to be flat - EPS to be approximately $1.90 - Effective tax rate is to be 24% Ocado Group plc Announced 3/28/2023 9/14/2021 Company expectations for fiscal 2023: - Retail revenue to see mid-single-digit growth - Retail EBIT to be marginally positive - Total capital expenditure to be £550.0 million ($678.7 million), of which 10.0% will go to retail Petco Health and Wellness Company, Inc. Announced 3/22/2023 11/30/2022 Company expectations for fiscal 2023: - Net revenue to be $6.15–$6.28 billion - Adjusted EBITDA to be down approximately $10 million to up approximately $10 million from fiscal 2022 - Adjusted EPS to fall by $0.21–$0.13 - Capital expenditures to be $225–$250 million Foot Locker, Inc. Announced 3/20/2023 11/18/2022 Company expectations for fiscal 2023: - Sales change to be down 3.5%–5.5%, including 1% from the extra week in the fiscal year - Comparable sales change to be down 3.5%–5.5% - Licensing revenue to be $20.0 million - Gross margin to be 30.8%–31.0% - SG&A rate to be 22.6%–22.8% - Interest to be $12.0 million - Tax rate to be 31.5%–31.7% - Non-GAAP EPS to be $3.35–$3.65, including $0.15 from the extra week - Adjusted capital expenditures to be $305.0 million - Total square footage to be down by 4% Williams-Sonoma, Inc. Announced 3/16/2023 11/17/2022 Company expectations for fiscal 2023: - Annual net revenue to grow (3.0)%–3.0% - Operating margin to be 14.0%–15.0% - Annual net revenue growth to be in the mid- to high-single-digit range in the long term - Operating margin to be above 15.0% in the long term Li Ning Company Limited Announced 3/17/2023 6/25/2021 Company expectations for fiscal 2023: - Revenue growth to be between (10)%–20% - Net profit margin to be between (10)%–20% Five Below, Inc. Announced 3/15/2023 11/30/2022 Company expectations for the first quarter of fiscal 2023: - Net sales to be $723–$735 million - Comparable store sales to increase by 2.5%–4.0% - Net income to be $33–$37 million - Diluted income per common share to be $0.59–$0.65 - Opening approximately 25 new stores Company expectations for fiscal 2023: - Net sales to be $3.5–$3.6 billion - Net income to be $295–$323 million - Diluted income per common share to be $5.25–$5.76 - Gross capital expenditures to be approximately $325 million Academy Sports and Outdoors, Inc. Announced 3/16/2023 7/12/2022 Company expectations for fiscal 2023: - Net sales to be $6.5–$6.7 billion - Comparable sales to grow (2.0)%–1.0% - Gross margin rate to be approximately 34% - GAAP income before taxes to be $705–$780 million - GAAP net income to be $535–$595 million - GAAP diluted earnings per common share to be $6.70–$7.45 - Adjusted diluted earnings per common share to be $7.00–$7.75 - Opening approximately 13–15 new stores Coty Inc. Revised 3/15/2023 11/8/2022 Company expectations for fiscal 2023: - Core LFL sales growth to be at the upper end, from 6%–8% growth previously Guess?, Inc. Announced 3/14/2023 11/22/2022 Company expectations for first quarter of fiscal 2024: - Consolidated net revenue to decrease by 7.0%–6.0% - GAAP operating margin to be (1.2)%–(0.5)% - GAAP diluted loss per share to be $0.25–$0.19 - Adjusted diluted earnings loss per share to be $0.31–$0.25 Company expectations for fiscal 2024: - Consolidated net revenue to increase 1.0%–3.0% - GAAP operating margin to be 8.0%–9.0% - GAAP diluted earnings per share to be $2.08–$2.36 - Adjusted diluted earnings per share to be $2.45–$2.80 Ulta Beauty, Inc. Announced 3/9/2023 1/12/2022 Company expectations for fiscal 2023: - Net sales to be $11.0–11.1 billion - Diluted earnings per share to be $24.70–$25.40 - Comparable sales to be 4%–5% - Net new stores to be 25–30 - Remodel and relocation projects to be 20–30 - Operating margin to be 14.7%–15.0% - Share repurchases to be $900 million - Effective tax rate to be 24.6% - Capital expenditures to be $400–475 million - Depreciation and amortization expense to be $245–250 million Gap Inc. Announced 3/9/2023 7/11/2022 Company expectations for first quarter of fiscal 2023: - Comparable net sales to decrease in mid-single digit range - SG&A to be approximately $1.2 billion Company expectations for fiscal 2023: - Comparable net sales to decrease by a low- to mid-single-digit percentage - SG&A to be approximately $5.2 billion - Capital expenditures to be $500–550 million BJ's Wholesale Club Holdings, Inc. Announced 3/9/2023 11/17/2022 Company expectations for fiscal 2023: - Comparable club sales to increase by 4%–5% - Membership fee income to increase by 5%–6% - Merchandise gross margins to increase by 40 basis points year over year - EPS to remain flat year over year - Capital expenditure to be $450 million DICK'S Sporting Goods, Inc. Announced 3/7/2023 11/22/2022 Company expectations for fiscal 2023: - Earnings per diluted share to be $12.90–$13.80 - Comparable store sales to be flat to up 2.0% - Capital expenditures on gross basis to be $670–720 million - Capital expenditures on net basis to be $550–600 million Sprouts Farmers Market, Inc. Announced 3/2/2023 11/08/2022 Company expectations for the first quarter of fiscal 2023: - Comparable store sales growth to be 1.5%–2.5% - Adjusted diluted earnings per share to be $0.83–$0.87 Company expectations for fiscal 2023: - Net sales growth to be 4%–6% - Comparable store sales growth to be in the low single-digits - Adjusted EBIT to be $355–370 million - Effective tax rate to be 26% - Adjusted diluted earnings per share to be $2.41–$2.53 - 30 new stores, 11 stores closing - Capital expenditures to be $210–230 million Burlington Stores, Inc. Announced 3/2/2023 11/22/2022 Company expectations for the first quarter of fiscal 2023: - Total sales to increase 12%–14% - Comparable store sales to increase 5%–7% - Adjusted EBIT margin to increase 120–150 basis points - Effective tax rate to be 26% - Adjusted EPS to be $0.85–$0.95 Company expectations for fiscal 2023: - Total sales to increase 12%–14% - Comparable store sales to increase by 3%–5% - Capital expenditures to be $560 million - Open 70 to 80 net new stores - Depreciation and amortization to be $320 million - Adjusted EBIT margin rate to increase by 80–120 basis points - Net interest expense to be $66 million - The effective tax rate to be 26% - Adjusted EPS to be $5.50–$6.00 Nordstrom, Inc. Announced 3/2/2023 01/19/2023 Company expectations for fiscal 2023: - Revenue to decline 4.0%–6.0% - EBIT margin to be 1.2%–2.1% of sales - Adjusted EBIT margin to be 3.7%–4.2% of sales - Income tax rate to be 32% - EPS to be $0.20–$0.80 - Adjusted EPS to be $1.80–$2.20 The Kroger Co. Announced 3/2/2023 01/12/2022 Company expectations for fiscal 2023: - Identical sales (excluding fuel) to be 1.0%–2.0%, with underlying growth of 2.5%–3.5% - Adjusted net earnings per diluted share to be $4.45–$4.60, including an estimated $0.15 benefit from the 53rd week - Adjusted FIFO operating profit to be $5.0–5.2 billion - Effective tax rate to be 23% - Capital expenditures to be $3.4–3.6 billion - Adjusted free cash flow to be $2.3–2.5 billion Best Buy Co., Inc. Announced 3/2/2023 11/22/2022 Company expectations for fiscal 2024: - Revenue to be $43.8–45.2 billion - Comparable sales to be 3.0%–6.0% - Enterprise non-GAAP operating income rate to be 3.7%–4.1% - Non-GAAP effective income tax rate to be 24.5% - Non-GAAP diluted EPS to be $5.70–$6.50 - Capital expenditures to be $850 million Macy's, Inc. Announced 3/2/2023 01/06/2023 Company expectations for fiscal 2023: - Net sales to be in the range of $23.7–$4.2 billion (down 1.0%–3.0%) - Comparable owned plus licensed sales change to be down 2%–4% - Adjusted diluted earnings per share to be $3.67–$4.11 American Eagle Outfitters, Inc. Announced 3/1/2023 11/22/2022 Company expectations for the first quarter of fiscal 2023: - Revenue to be flat to up by a low single-digit - Operating income to be flat Company expectations for fiscal 2023: - Revenue to be flat to up by a low single-digit - Operating income to be $270–310 million Dollar Tree, Inc. Announced 3/1/2023 11/22/2022 Company expectations for fiscal 2023: - Consolidated net sales to be $29.9–30.5 billion - Comparable store sales to increase by a low or mid-single-digit, comprised of a low single-digit increase in the Dollar Tree segment and a mid-single-digit increase in the Family Dollar segment - Diluted EPS to be $6.30–$6.80 Company expectations for the first quarter of fiscal 2023: - Consolidated net sales to be $7.2–7.4 billion - Same-store sales to increase by a mid-single-digit, with low single-digit comp growth at Dollar Tree and mid-single-digit comp growth at Family Dollar. - Diluted EPS to be $1.46–$1.56. Kohl's Corporation Announced 3/1/2023 11/08/2022 Company expectations for fiscal 2023: - Net sales to decrease of (2)%–(4)% - Operating margin to be 4.0% - Diluted earnings per share to be $2.10–$2.70 - Capital expenditures to be $600–650 million Lowe's Companies, Inc. Announced 3/1/2023 11/16/2022 Company expectations for fiscal 2023: - Total sales to be approximately $88–90 billion - Comparable sales to be flat to down (2)% - Operating margin to be 13.6%–13.8% - Diluted earnings per share to be $13.60–$14.00 - Effective income tax rate to be 25% - Capital expenditures to be $2 billion Ross Stores, Inc. Announced 2/28/2023 11/17/2022 Company expectations for the 52 weeks ending January 27, 2024: - Comparable store sales to be relatively flat Company expectations for the 53 weeks ending February 3, 2024: - Earnings per share to be $4.65–$4.95 - Benefit to earnings per share to be $0.15 Company expectations for the 13 weeks ending April 29, 2023 - Comparable store sales to be relatively flat - Earnings per share to be $0.99–$1.05 Target Corporation Announced 2/28/2023 11/16/2022 Company expectations for the first quarter of fiscal 2023: - Comparable sales to be between a low-single-digit decline and a low-single-digit increase - Operating income margin rate to be 4%–5% - GAAP EPS and adjusted EPS both to be $1.50–$1.90 Company expectations for fiscal 2023: - Comparable sales to be between a low-single-digit decline and a low-single-digit increase - Operating income to grow by more than $1 billion - GAAP EPS and adjusted EPS both to be $7.75–$8.75 Carter's, Inc. Announced 2/24/2023 10/28/2022 Company expectations for the first quarter of fiscal 2023: - Net sales to be $630–650 million - Adjusted operating income to be $30–40 million - Adjusted diluted earnings per share to be $0.35–$0.55 Company expectations for fiscal 2023: - Net sales to be $3.0 billion - Adjusted operating income to be $350 million - Adjusted diluted earnings per share to be $6.15 - Operating cash flow to be $300 million - Capital expenditures to be $75 million Floor & Decor Holdings, Inc. Announced 2/23/2023 11/03/2022 Company expectations for fiscal 2023: - Net sales to be $4.6–4.8 billion - Diluted EPS to be $2.55–$2.85 - Comparable store sales to be (3.0)% to flat - Adjusted EBITDA to be $605–650 million - Depreciation and amortization expense to be $190 million - Interest expense, net to be $17–18 million - Tax rate to be 24% - Diluted weighted average shares outstanding to be 108 million shares - Capital expenditures to be $620 million–675 million - To open 32–35 new warehouse-format stores Bath & Body Works, Inc. Announced 2/23/2023 11/16/2022 Company expectations for the first quarter of fiscal 2023: - Net sales to decline by a low- to mid-single digit percentage - Earnings from continuing operations per diluted share to be between $0.17–$0.27 Company expectations for fiscal 2023: - Net sales to be from flat to down a mid-single digit percentage - Earnings from continuing operations per diluted share is expected to be between $2.50–$3.00 Gildan Activewear Inc. Announced 2/22/2023 02/23/2022 Company expectations for fiscal 2023: - Revenue to grow by a low single-digit percentage - Adjusted diluted EPS in line with FY22 - Share repurchases expected to be 5% The TJX Companies, Inc. Announced 2/22/2023 11/16/2022 Company expectations for the first quarter of fiscal 2024: - Comparable store sales to be up 2%–3% - Pretax profit margin to be 9.2%–9.5% - Diluted earnings per share to be $0.68–$0.71 Company expectations for fiscal 2024: - Comparable store sales to be up 2%–3% - Pretax profit margin to be 10.1%–10.3% - Diluted earnings per share to be $3.39–$3.51 - Pretax margin benefit to be 0.1 percentage point - Diluted earnings per share benefit to be $0.10 - Adjusted pretax profit margin to be 10.0%–10.2% - Adjusted diluted earnings per share to be $3.29–$3.41 Walmart Inc. Announced 2/21/2023 07/25/2022 Company expectations for the first quarter of fiscal 2024: - Net sales growth to be 4.5%–5.0% - Consolidated operating income growth to be 3.5%–4.0% - Adjusted earnings per share to be $1.25–$1.30 Company expectations for fiscal 2024: - Net sales growth to be 2.5%–3.0% - Walmart US comp sales to be 2.0%–2.5% - Sam’s Club US comp sales to be 5.0% - Walmart International net sales to be 6.0% - Consolidated operating expenses to increase slightly as a percentage of net sales - Consolidated operating income to increase by 3.0% - Net interest expense to Increase by $750 million - Effective tax rate to be 25.5%–26.5% - Noncontrolling interest to be $0.12 - Adjusted earnings per share to be $5.90–$6.05 - Capital expenditures to be flat to slightly up in total dollars The Home Depot, Inc. Announced 2/21/2023 11/15/2022 Company expectations for fiscal 2023: - Sales growth and comparable sales growth to be flat - Operating margin to be 14.5% - Tax rate to be 24.5% - Diluted earnings per share to decline by mid-single-digit percentage Crocs, Inc. Announced 2/16/2023 01/10/2023 Company expectations for the first quarter of fiscal 2023: - Revenues to grow 27%–30% -GAAP diluted earnings per share to be $1.91–$2.04 - Adjusted operating margin to be 24%–25% - Adjusted diluted earnings per share of $2.06–$2.19 Company expectations for fiscal 2023: - Revenue to grow 10%–13%, resulting in full-year revenues of $3.9–$4.0 billion - Revenue of Crocs Brand to grow 6%–8% and 9%–11% in constant currency - Revenue of HEYDUDE Brand to grow by mid-20% on a reported basis -GAAP diluted earnings per share to be $10.54–$10.85 - Non-GAAP adjustments to be $30 million - Adjusted operating margin to be 26.0% - Combined GAAP tax rate to be 24% and non-GAAP effective tax rate to be 20% - Adjusted diluted earnings per share to be $11.00–$11.31 - Capital expenditures to be $165–$180 million Ralph Lauren Corporation Announced 2/9/2023 11/10/2022 Company expectations for fiscal 2023: - Revenues to increase high-single digits, about 8% - Operating margin to be 13.5%–14.0% - Foreign currency to negatively impact operating margin by 180 basis points - Gross margin is expected to be about flat - Foreign currency to negatively impact gross margins by 150 basis points Company expectations for fourth quarter of fiscal 2023: - Revenue to increase mid- to high-single digits - Foreign currency to negatively impact revenue growth by 500 basis points -Operating margin to be 5.5% - Foreign currency to negatively impact operating margin by 160 basis points and gross margin by 140 basis points Tapestry, Inc. Announced 2/9/2023 11/10/2022 Company expectations for fiscal 2023: - Revenue to be approximately $6.6 billion, up 2%–3% from the prior year - Net interest expense to be $30–$35 million - Tax rate of approximately 20% - Weighted average diluted share count to be 242 million shares - Share repurchases to be $700 million - Earnings per diluted share to be $3.70–$3.75 RH Revised 2/9/2023 08/12/2022 Company expectations for fiscal 2022: - Revenue growth to be (3.5)%–(4.5)%, from (3.5)%–(5.5)% previously - Adjusted operating margin to be 21.5%–22.0%, from 21.0%–21.5% previously Under Armour, Inc. Announced 2/8/2023 11/03/2022 Company expectations for fiscal 2023: - Diluted EPS to be $0.71–$0.75 - Revenue growth to be low single-digit % increase on a reported basis, up at a mid-single-digit % on a currency-neutral basis - Gross margin to decline at the higher end of the previously provided 375–425 basis point range - Selling, general & administrative expenses to be down at a low-single-digit % - Operating income to be $270–$290 million - Adjusted operating income to be $290–$310 million - Adjusted diluted EPS to be $0.52–$0.56 - Capital expenditures to be $200 million Capri Holdings Limited Announced 2/8/2023 11/09/2022 Company expectations for fiscal 2023: - Total revenue to be $5.56 billion - Diluted earnings per share to be $6.10 - Operating margin to be 16.0% - Net interest expense and foreign currency gains to be $12 million - Effective tax rate to be 7% - Weighted average diluted shares outstanding to be 134 million For Versace, - Total revenue to be $1.1 billion - Operating margin to be 15% For Jimmy Choo, - Total revenue to be $610 million - Operating margin to be 4% For Michael Kors, - Total revenue to be $3.83 billion Operating margin to be 22% Company expectations for the fourth quarter of fiscal 2023: - Total revenue to be $1.275 billion - Operating margin to be 8.5% - Net interest expense to be $11 million - Effective tax rate to be (20)% - Weighted average diluted shares outstanding to be 126 million - Diluted earnings per share to be $0.90-$0.95 For Versace - Total revenue to be $280 million - Operating margin to be 10% For Jimmy Choo - Total revenue to be $130 million - Operating margin to be (14)% For Michael Kors - Total revenue to be $865 million - Operating margin to be 15% Company expectations for fiscal 2024: - Total revenue to be $5.8 billion - Diluted EPS to be $6.40 - Operating margin to be 16.5% - Effective tax rate to be in the mid-teens For Versace - Total revenue to be $1.25 billion - Operating margin to be in the mid-teens For Jimmy Choo - Total revenue to be $650 million - Operating margin to be in the high-single-digits For Michael Kors - Total revenue to be $3.9 billion - Operating margin to be in the low-20% range CVS Health Corporation Announced 2/8/2023 01/09/2023 Company expectations for fiscal 2023: - GAAP diluted EPS to be $7.73–$7.93 - Adjusted EPS to be $8.70–$8.90 - Cash flow from operations to be $12.5–$13.5 billion V.F. Corporation Announced 2/7/2023 12/05/2022 Company expectations for fiscal 2023: - Revenue to up 3% in constant dollars - Adjusted gross margin to be down 200 basis points - Adjusted operating margin to be 9.5% - Adjusted EPS to be $2.05–$2.15 - Adjusted cash flow from operations to be $0.7 billion - Capital expenditures to be $200 million - Inventory is expected to reduce by $300 million For Vans ® - Revenue to decline by high-single digit % in constant dollars For The North Face ® - Revenue to be up by at least 14% in constant dollars Company expectations for fiscal 2024: - Revenue to be up by at least low-single digit % in constant dollars - Operating earnings to grow by double-digits - Operating cash flow to grow faster than earnings The Clorox Company Revised 2/2/2023 11/01/2022 Company expectations for fiscal 2023: - Net sales to be between (2)%–1%, up from (4)%–2% previously - Organic sales to be between flat to 3%, up from (3)%–3% previously - Diluted EPS to be $3.20–$3.45, a decrease of 14%–8%, up from $3.10–$3.47 previously - Adjusted EPS to be $4.05–$4.30, for (1)%–5% growth, up from $3.85–$4.22 previously Amazon.com, Inc. Announced 2/2/2023 10/27/2022 Company expectations for the first quarter of fiscal 2023: - Net sales to be $121.0–$126.0 billion, or to grow by 4%–8% compared with first quarter 2022 - Operating income to be $0–$4.0 billion Hanesbrands Inc. Announced 2/2/2023 01/12/2023 Company expectations for the first quarter of fiscal 2023: - Net sales from continuing operations to be in the range of $1.35–$1.40 billion - GAAP operating profit from continuing operations to be in the range of $39–$59 million - Adjusted operating profit from continuing operations to be in the range of $50–$70 million - Adjusted interest and other expenses to be $65 million - Tax expense to be in the range of $17–$20 million - GAAP loss per share from continuing operations to be in the range of $0.14–$0.09 - Adjusted loss per share from continuing operations to be in the range of $0.09–$0.04 - Fully diluted shares outstanding to be 350 million Company expectations for fiscal 2023: - Net sales from continuing operations to be in the range of $6.05–$6.20 billion - GAAP operating profit from continuing operations to be$446–$496 million - Adjusted operating profit from continuing operations to be $500–$550 million - Adjusted interest and other expenses to be $300 million - Tax expense to be $90–$100 million - GAAP earnings per share from continuing operations to be in the range of $0.14–$0.25 - Adjusted earnings per share from continuing operations to be in the range of $0.31–$0.42 - Cash flow from operations to be $500 million - Capital investments to be $150 million The Estée Lauder Companies Inc. Announced 2/2/2023 11/02/2022 Company expectations for the third quarter of fiscal 2023: - Net sales to decrease by 14%–12% - Organic net sales to decrease by 10%–8% - Diluted net earnings per common share to be $0.32–$0.43 - Diluted net earnings per common share, Eecluding restructuring and other charges to be $0.37–$0.47 - Adjusted diluted earnings per common share to decrease by 79%–73% Company expectations for fiscal 2023: - Net sales to decrease by 7%–5% - Organic net sales to be down 2% to flat - Diluted net earnings per common share to be $4.25–$4.44 - Diluted net earnings per common share, excluding restructuring and other charges to be $4.87–$5.02 - Adjusted diluted earnings per common share to decrease by 29% –27% Colgate-Palmolive Company Announced 1/27/2023 10/28/2022 Company expectations for fiscal 2023: - Net sales growth to be 2%–5% - Organic sales growth to be toward the high-end of the 3%–5% range - On a GAAP basis, the company expects its gross profit margin to grow due to increased advertising investment and double-digit earnings-per-share growth. - On a non-GAAP basis, the company expects its gross profit margin to grow due to increased advertising investment and low- to mid-single-digit earnings-per-share growth. Tractor Supply Company Announced 1/26/2023 10/20/2022 Company expectations for fiscal 2023: - Net sales to be $15.0–15.3 billion - Net income to be $1.1–1.2 billion - Earnings per diluted share to be $10.30–$10.60 - Comparable store sales to increase by 3.5%–5.5% - Operating margin rate to be 10.1%–10.3% - Capital expenditures to be $700–775 million - Share repurchases to be $575–675 million Levi Strauss & Co. Announced 1/25/2023 10/06/2022 Company expectations for fiscal 2023: - Net revenue to be $6.3–6.4 billion, reflecting reported revenue growth of 1.5%–3% year-over-year - Adjusted diluted EPS to be $1.30–$1.40 Kimberly-Clark Corporation Announced 1/25/2023 10/25/2022 Company expectations for fiscal 2023: - Net sales to increase by 0%–2% - Organic sales growth to be 2%–4% - Foreign currency exchange rates to be 2% - Operating profit to be up mid- to high single digits - Diluted earnings per share to be 2%–6% - Effective tax rate to be 23%–25% - Dividend to increase by 1.7% to $1.18 per share Nordstrom, Inc. Announced 1/19/2023 11/22/2022 Company expectations for fiscal 2023: - EPS to be $1.33–$1.53 - Adjusted EPS to be $1.50–$1.70 - Net earnings as a % of net sales to be 1.4%–1.6%. - Revenue growth to be 5%–7% - EBIT to be 2.8%–3.1% - Adjusted EBIT margin to be of 3.1%–3.3% The Procter & Gamble Company Revised 1/19/2023 10/19/2022 Company expectations for fiscal 2023: -Sales to be down from 1% to in-line, from down 3%–1% previously -Organic sales growth to be 4%–5%, from 3%–5% previously -Diluted EPS growth to be in line to up 4% versus EPS of $5.81 in fiscal 2022 Burberry Group plc Revised 1/18/2023 07/15/2022 Company expectations for fiscal 2022: - Revenue to be £160 ($197.71) million, from £170 ($210.07) million previously. Hanesbrands Inc. Announced 1/12/2023 11/09/2022 Company expectations for the fourth quarter of fiscal 2022: - Net sales to be slightly above the top end of its outlook range - Adjusted operating profit to be at the midpoint of the range ASOS Plc Announced 1/12/2023 10/11/2021 Company expectations for fiscal 2023: -The free cash flow of (£100 million) - £0 million to remain unchanged. -Adjusted gross margin, cash, and undrawn facilities to be fairly similar to P1 FY23 in the first half of FY23. -First half of FY23 to have a loss due to normal profit phasing, headwinds from inflation and annualization of high return rates. These headwinds are expected to persist into H2 FY23. Crocs, Inc. Announced 1/10/2023 11/03/2022 Company expectations for the fourth quarter of fiscal 2022: - Revenue to grow approximately 60% compared to 2021 Company expectations for fiscal 2022: - Revenues to be approximately $3.55 billion, representing growth of 53% compared to 2021. -Non-GAAP operating margin to be approximately 27% Company expectations for fiscal 2023: -Revenues to be $3.9–4.0 billion, representing growth of 10%–13% compared to 2022 Lululemon Athletica Inc. Revised 1/9/2023 08/12/2022 Company expectations for the fourth quarter of fiscal 2022: -Net revenue to be $2,660–$2,700 million, from $2,605–$2,655 million previously -Diluted earnings per share to be $4.22–$4.27, from $4.20–$4.30 previously. CVS Health Corporation Revised 1/9/2023 11/02/2022 Company expectations for fiscal 2022: - Revenue to exceed previous guidance of $309–$314 billion Macy's, Inc. Revised 1/6/2023 11/17/2022 Company expectations for the fourth quarter of fiscal 2022: -Net sales will be at the low to mid-point of $8.2–$8.4 billion - Adjusted diluted EPS to be $1.47–$1.67, as per previous guidance NEXT plc Announced 1/5/2023 11/02/2022 Company expectations for fiscal 2023: -Full-year full-price sales to be £4.6 billion ($5.47 billion) -Group profit before tax to be £860 million ($1.0 billion) -EPS to be £5.67 ($6.75) Company expectations for fiscal 2024: -Full-year full-price sales to be £4.5 billion ($5.36 billion) -Group profit before tax to be £795.0 million ($946.3 million) -Pre-tax EPS to be £6.59 ($7.84) -Effective tax rate to be 24.0% -Post-tax EPS to be £5.01 ($5.96) Walgreens Boots Alliance, Inc. Announced 1/5/2023 03/31/2021 Company expectations for fiscal 2023: -Adjusted EPS to be $4.45–$4.65 -Sales to be $133.5–137.5 billion, reflecting the Summit Health acquisition, currency rates and first-quarter sales ahead of expectations -Summit Health has raised its sales target for fiscal 2025 to $14.5–16.0 billion, up from $11–12.0 billion previously, with positive adjusted EBITDA for the healthcare segment by the end of fiscal 2023. -Long-term growth strategy of low-teens adjusted EPS growth in fiscal 2025 and beyond RH Revised 12/8/2022 09/08/2022 Company expectations for fiscal 2022: -Net revenue growth to be (3.5)%–(4.5)%, from (3.5)%–(5.5)% previously -Adjusted operating margin to be 21.5%–22.0%, from 21.0%–21.5% previously Lululemon Athletica Inc. Announced 12/8/2022 06/02/2022 Company expectations for the fourth quarter of fiscal 2022: -Net revenue to be $2.61–$2.66 billion -Diluted earnings per share to be $4.20–$4.30 -Company expectations for fiscal 2022: -Net revenue to be $7.94–7.99 billion -Diluted earnings per share to be $9.94–$10.04 -Adjusted diluted earnings per share to be $9.87–$9.97 Academy Sports and Outdoors, Inc. Revised 12/7/2022 09/07/2022 Company expectations for fiscal 2022: -Net sales to be $6.43–$6.49 billion, from $6.43–$6.63 billion previously -Comparable sales to be (6.0)%–(5.0)%, from (6.0)%–(3.0)% previously -Gross margin to be 34.0%–34.5%, from 33.0%–33.5% previously -GAAP income before taxes to be $790.0–$810.0 ,from $725.0–$805.0 previously -GAAP net income to be $610–$620 million, from $550–$615 million previously -Diluted GAAP earnings per common share to be $7.25–$7.40, from $6.50–$7.25 previously -Diluted adjusted earnings per common share to be $7.50–$7.65, from $6.75–$7.50 previously -Diluted weighted average common shares outstanding to be 84.0, from 85.0 previously Signet Jewelers Limited Announced 12/6/2022 09/01/2022 Company expectations for the fourth quarter of fiscal 2023: -Total sales to be $2.59–$2.66 billion -Operating income to be $363–$404 million Company expectations for fiscal 2023: -Total sales to be $7.77–$7.84 billion -Operating income to be $809–$850 million -Diluted EPS to be $11.40–$12.00 V.F. Corporation Revised 12/5/2022 10/26/2022 Company expectations for the second half of fiscal 2023: - Total revenue growth to be slightly lower than previous guidance Company expectations for fiscal 2023: - Revenue to be 3%–4%, lower than previous guidance of 5%–6% - Adjusted diluted EPS to be $2.00–$2.20, down from $2.40–$2.50 previously Ulta Beauty, Inc. Announced 12/1/2022 08/25/2022 Company expectations for fiscal 2023: -Diluted earnings per share to be $22.60–$22.90 -Operating margins to be 15.5%–15.6% of sales Dollar General Corporation Announced 12/1/2022 08/25/2022 Company expectations for the fourth quarter of fiscal 2022: -Same-store sales growth to be 6%–7% -Diluted EPS to be $3.15–$3.30 Dollar General Corporation Revised 12/1/2022 08/25/2022 Company expectations for fiscal 2022: -Same-store sales to be at the upper end of the previous guidance of 4.0%–4.5% -Diluted EPS to grow 7%–8%, compared to the previous range of 12%–14% -Net sales to be 11% The Kroger Co. Revised 12/1/2022 06/16/2022 Company expectations for full-year fiscal 2022: -Adjusted identical sales to be 5.1%–5.3% -Adjusted EPS to be $4.05–$4.15 -Operating Profit $4.8–4.9 billion -Tax rate to be 22.0% -Capital Expenditure to be $3.2–3.4 billion -Free Cash Flow to be $2.3–2.5 billion Ulta Beauty, Inc. Revised 12/1/2022 08/25/2022 Company expectations for full-year fiscal 2022: -Net sales to be $9.95–$10.00 billion, up from $9.65–$9.75 billion -Comparable sales to be 12.6%–13.2%, up from 9.5%–10.5% -New stores opening to be 47, down from previous guidance of 50 -Remodel and relocation projects to be 35, up from 33 -Operating margin to be 15.5%–15.6%, up from 14.6%–14.8% -Diluted earnings per share to be $22.60–$22.90, up from $20.70–$21.20 previously -Capital expenditures to be $300–350 million, down from $350–400 million Petco Health and Wellness Company, Inc. Revised 11/30/2022 08/24/2022 Company expectation for full-year fiscal 2022: -Adjusted EPS to be $0.75–$0.79, down from the previous guidance of $0.77–$0.81 Five Below, Inc. Announced 11/30/2022 08/31/2022 Company expectations for the fourth quarter of fiscal 2022: -Net sales to be $1,085–1,110 million -Net income to be $164–173 million -Diluted income per common share to be $2.93–$3.09 -Open 48 net new stores Company expectations for full-year fiscal 2022: -Net sales to be $3,038–3,063 million -Net income to be $254–263 million -Diluted income per common share to be $4.55–$4.71 -Open 150 new stores PVH Corp. Announced 11/30/2022 08/30/2022 Company expectations for full-year fiscal 2022: -Revenue to decrease by 3% -EPS on a GAAP basis to be $1.37 and on a non-GAAP basis to be $8.25 -Interest expense to be $85 million -Effective tax rate to be 64% on a GAAP basis and 24% on a non-GAAP basis Company expectations for the fourth quarter of fiscal 2022: -Revenue to decrease by 4% -EPS on a GAAP basis to be $0.45 and on a non-GAAP basis to be $1.65 -Interest expense to be flat -Effective tax rate to be 80% on a GAAP basis and 25% on a non-GAAP basis Nordstrom, Inc. Announced 11/22/2022 08/23/2022 Company reaffirmed sales guidance for fiscal 2022: -Revenue growth to be 5%–7% -EBIT margin, as percentage of sales, to be 4.1%–4.4% -Adjusted EBIT margin to be 4.3%–4.7% -Income tax rate to be 27% -EPS to be $2.13–$2.43 -Adjusted EPS to be $2.30–$2.60 -Leverage ratio to be below 2.9 times by year-end American Eagle Outfitters, Inc. Announced 11/22/2022 09/07/2022 Company expectations for the fourth quarter of fiscal 2022: -Revenues to be down by mid-single digits -Gross margin to be 32%–33% Burlington Stores, Inc. Announced 11/22/2022 08/25/2022 Company expectations for the fourth quarter of fiscal 2022: -Comparable store sales to be (9)%–6% -Adjusted EBIT margins to be flat to up 70 basis points in comparison to the previous year -Adjusted EPS to be $2.45–$2.75 Company expectations for full-year fiscal 2022: -Comparable store sales to be (15)%–(14)% -To open 87 net new stores -Adjusted EBIT margin to be down by 400 basis points to 370 basis points compared to last year -Net interest expenses to be $63 million -Tax rate to be 25% -Adjusted EPS to be $3.77–$4.07 Best Buy Co., Inc. Announced 11/22/2022 08/30/2022 Company expectations for fiscal 2023: -Comparable sales to decline by around 10% -Adjusted operating income rate to be slightly greater than 4% Dollar Tree, Inc. Revised 11/22/2022 08/25/2022 Company expectations for fiscal 2022: -Consolidated net sales to be $28.14–28.28 billion -Comparable store sales to increase in the mid-single-digit range, comprising a high-single-digit increase for the Dollar Tree segment and a low-single-digit increase in the Family Dollar segment -Selling square footage to grow by approximately 2.8% Dollar Tree, Inc. Announced 11/22/2022 08/25/2022 Company expectations for fourth quarter of fiscal 2022: -Net sales to be $7.54–7.68 billion DICK's Sporting Goods, Inc. Revised 11/22/2022 08/23/2022 Company expectations for fiscal 2022: -Comparable store sales to be (3.0)%–(1.5)%, up from previous guidance of (6.0)%–(2.0)% -EPS to be $10.50–$11.10, up from previous guidance of $8.85–$10.55 -Non-GAAP EPS to be $11.50–$12.10, up from previous guidance of $10.00–$12.00 Guess?, Inc. Announced 11/22/2022 08/24/2022 Company expectations for the fourth quarter of fiscal 2023: -Revenues to be down 3.5% -GAAP diluted EPS to be $1.09 -GAAP operating margin to be 13.2% -Adjusted diluted EPS to be $2.35 Company expectations for full-year fiscal 2023: -Revenues to be up 2.0% -GAAP diluted EPS to be $1.82 -GAAP operating margin to be 9.3% -Adjusted diluted EPS to be $1.32 Foot Locker, Inc. Revised 11/18/2022 08/19/2022 Company expectations for full-year fiscal 2022: -Total sales to be 4.0%–5.0%, down from 6.0%–7.0% previously -Comp sales to be 4.0%–5.0%, down from 8.0%–9.0% previously -Square footage to be slightly lower than versus previous guidance of down 1.0%–2.0% -Gross margin to be 31.7%–31.8%, up from 31.1%–31.2% previously -SG&A rate to be 22.0%, up from 21.3%–21.4% previously -D&A to be $210.0 million, down from $213.0 million previously -Interest to be $17.0 million, down from $20.0 million previously -Tax rate to be 30.7%, up from 30.0%–30.5% previously -Non-GAAP EPS to be $4.42–$4.50, up from $4.25–$4.45 previously Foot Locker, Inc. Announced 11/18/2022 08/19/2022 Company expectations for the fourth quarter of fiscal 2022: -Total sales to be 8.0%–10.0% -Comp sales to be 6.0%–8.0% -Square footage to be slightly down -Gross margin to be 29.0%–29.3% -SG&A rate to be 23.3%–23.4% -D&A to be $53.0 million -Interest to be $4.0 million -Tax rate to be 32.5% -Non-GAAP EPS to be $0.45–$0.53 Williams-Sonoma, Inc. Announced 11/17/2022 08/24/2022 Company expectations for full-year fiscal 2022: -Net revenue growth to be in mid- to high-single-digit range -Operating margins to be in line with fiscal 2021 operating margins Ross Stores, Inc. Revised 11/17/2022 08/18/2022 Company expectations for the fourth quarter of fiscal 2022: -Same-store sales to be flat to down 2%, down from 4%–7% growth previously -EPS to be $1.13–$1.26, up from $1.04–$1.21 previously Company expectations for full-year fiscal 2022: -EPS to be $4.21–$4.34, up from $3.84–$4.12 previously Kohl's Withdrawn 11/8/2022 11/08/2022 Company did not provide guidance for the fourth quarter and also withdrew its prior full-year 2022 guidance due to volatility in business trends, macroeconomic headwinds and its CEO transition. Macy's, Inc. Announced 11/17/2022 08/23/2022 Company reaffirmed sales guidance for fiscal 2022: -Net sales to be $24.3–24.6 billion -Adjusted EBITDA as a percent of sales to be 10.5% -Adjusted diluted earnings per share to be $4.07–$4.27, up from its previous guidance of $4.00–$4.20 BJ's Wholesale Club Holdings, Inc. Announced 11/17/2022 08/18/2022 Company expectations for fiscal 2022: -Comparable club sales growth to be 5.0%–5.5% -EPS to be $3.70–$3.80 Bath & Body Works, Inc. Announced 11/16/2022 08/17/2022 Company expectations for the fourth quarter of fiscal 2022: -Earnings per diluted share to be $1.45–$1.65 Bath & Body Works, Inc. Revised 11/16/2022 08/17/2022 Company expectations for fiscal 2022: -Earnings per diluted share to be $3.00–$3.20, from $2.70–$3.00 previously The TJX Companies, Inc. Announced 11/16/2022 08/17/2022 Company expectations for fiscal 2023: -Pretax profit margin to be 9.3%–9.4% -Adjusted pretax profit margin to be 9.8%–9.9% -Diluted earnings per share to be $2.93–$2.97 -Adjusted diluted earnings per share to be $3.07–$3.11 -US comparable store sales to decrease by 1.0%–2.0% Company expectations for the fourth quarter of fiscal 2023: -Pretax profit margin to be 9.5%–9.8% -Diluted earnings per share to be $0.85–$0.89 -US comparable store sales from flat to up 1.0% Target Corporation Announced 11/16/2022 08/17/2022 Company expectations for fourth quarter of fiscal 2022: -Fourth quarter to have a wide range of sales -Comparable sales to decline around low single digit -Operating margin rate to have a wide range which is centered around 3.0% Lowe's Companies, Inc. Announced 11/16/2022 08/17/2022 Company expectations for fiscal 2022: -Total sales to be $97.0–98.0 billion -Total sales growth to be 0.7%–1.8% -Comparable sales to be flat to down (1.0)% compared to the prior year -Gross margin rate to be up slightly compared to the prior year -Depreciation and amortization to be $1.8 billion -Adjusted operating income as a percentage of sales (operating margin) to be 13.0% -Interest expense to be $1.1–1.2 billion -Adjusted effective income tax rate to be 25% -Adjusted diluted earnings per share to be $13.65–$13.80, up from its previous guidance of $13.10–$13.60 -Total share repurchases to be $13.0 billion, up from its prior guidance of $12.0 billion -Adjusted ROIC to be over 37.0% -Capital expenditure to be $2.0 billion The Home Depot, Inc. Announced 11/15/2022 08/16/2022 Company expectations for fiscal 2022: -Comparable sales to grow by 3% -Operating margin to be 15.4% -Net interest expenses to be $1.6 billion -Tax rate to be 24.6% -Diluted earnings-per-share-percent-growth to be in the mid-single digits Ralph Lauren Corporation Announced 11/10/2022 08/09/2022 Company expectations for fiscal 2023: -Revenues to increase in the high single digits compared to last year, or about 8% -Operating margin to be at the end of its previous range of 14.0%–14.5% -The gross margin to increase by 30 to 50 basis points Company expectations for the third quarter of fiscal 2023: -Revenue to rise by low- to mid-single digits in constant currency compared to last year -Operating margin to be in the 17.3%–17.8% range -Gross margin to decrease 170 basis points Tapestry, Inc Announced 11/10/2022 08/18/2022 Company expectations for fiscal 2023: -Revenue to be $6.5–6.6 billion -Revenue growth to be 2%–4% in constant currency -Net interest to be $30–35 million -Tax rate to be 20% -Earnings per diluted share to be $3.60 –$3.70, representing mid-single-digit growth compared to the prior year and including a currency headwind of about $0.50 Hanesbrands Inc. Announced 11/9/2022 08/11/2022 Company expectations for the fourth quarter of fiscal 2022: -Net sales to be $1.40–1.45 billion, representing a 19% decline in comparison to the prior year at the midpoint -GAAP operating profit to be $53–$83 million -Adjusted operating profit to be $70–100 million -Interest and other expenses to be $54 million -Tax rate to be 17% on both a GAAP and an adjusted basis -GAAP earnings per share from continuing operations to be $0.00–$0.07 -Adjusted earnings per share from continuing operations to be $0.04–$0.11 Company expectations for fiscal 2022: -Net sales to be $6.16–$6.21, representing a 6% decline -GAAP operating profit from continuing operations to be $512–542 million -Adjusted operating profit from continuing operations to be $567–597 million -Interest and other expenses to be $167 million -Tax rate to be 17% on both a GAAP and adjusted basis -GAAP earnings per share from continuing operations to be $0.82–$0.89 -Adjusted earnings per share from continuing operations to be $0.95–$1.02 -Capital expenditure to be $90 million -Fully diluted shares outstanding to be $351 million Capri Holdings Limited Announced 11/9/2022 08/09/2022 Company expectations for the third quarter of fiscal 2023: -Total revenue to be $1.53 billion -Operating margin to be 20.5% -Net interest expense to be $6 million -Effective tax rate to be 5% -Weighted average diluted shares outstanding to be $133 million -Diluted earnings per share to be $2.20 For Versace -Total revenue to be $240 million -Operating margin to be in the high-single-digit range For Jimmy Choo -Total revenue to be $180 million -Operating margin to be in the high-single-digit range For Michael Kors -Total revenue to be $1.11 billion -Operating margin to be in the mid-to-high 20% range Company expectations for the fourth quarter of fiscal 2023: -Revenue to be $1.40 billion -Adjusted operating margin to be 14.0% -Adjusted EPS to be $1.35 Company expectations for fiscal 2023: -Total revenue to be $5.7 billion -Gross margin expansion to be 50 basis points -Operating margin to be 18.3% -Net interest expense to be $6 million -Effective tax rate to be 10% -Weighted average diluted shares outstanding to be $136 million -Diluted earnings per share to be $6.85 -Ending inventory to be below prior year For Versace: -Total revenue to be $1.15 billion -Operating margin to be 16% For Jimmy Choo: -Total revenue to be $640 million -Operating margin to be 5% For Michael Kors: -Total revenue to be $3.91 billion -Operating margin to be 25% Sprouts Farmers Market, Inc. Announced 11/8/2022 08/03/2022 Company expectations for fiscal 2022: -Net sales growth to be 4.5%–5.0% -Comparable store sales growth to be 2.0% -Adjusted diluted earnings per share to be $2.32–$2.36 -Plans to open 16 new stores -Capital expenditure to be $120–135 million Company expectations for the fourth quarter of fiscal 2022: -Comparable store sales growth to be 2.0% -Adjusted diluted earnings per share to be $0.35–$0.39 Kohl's Corporation Announced 11/8/2022 08/18/2022 Company expectations for third quarter of fiscal 2022: -Comparable sales to decrease by 6.9% -Net sales to decrease by 7.2% -Operating margin to be 4.7% -Diluted earnings per share to be $0.82 Coty Inc. Announced 11/8/2022 06/13/2022 Company's continued guidance for fiscal 2023: -Revenue to grow 6%–8% on like-for-like basis -Sales to be negatively impacted by 2%, due to the exit from Russia -FX headwinds on revenues to be 6%–8% -Adjusted EPS growth to be in the mid-teens to $0.32–0.33 -Adjusted EBITDA to be $955–965million Associated British Foods plc Announced 11/8/2022 09/08/2022 Company did not provide financial guidance for fiscal 2023 but expects: -Sales to see significant growth in the group -Adjusted operating profit and adjusted earnings per share to be lower than the previous financial year -Primark's adjusted operating profit margin to be lower than 8% Floor & Decor Holdings, Inc. Announced 11/3/2022 08/04/2022 Company expectations for fiscal 2022: -Net sales to be $4,250–$4,285 million -Comparable store sales growth to be 9%–10% -Diluted EPS to be $2.65–$2.75 -Adjusted EBITDA to be $565–$575 million -Depreciation and amortization expense to be $153 million -Interest expense, net of $11 million -Tax rate to be 24%, excluding tax benefits -Diluted weighted average shares to be 107.5 million shares -Capital expenditures to be $445–$465 million Crocs, Inc. Announced 11/3/2022 08/04/2022 Company expectations for fiscal 2023: -Revenues to be $3.455–3.520 billion, representing an increase of 49%–52% -Revenues for the Crocs brand to be $2.605–2.630 billion, representing growth of 17% on a constant currency basis and 13% on a reported basis -HEYDUDE brand revenue to be $850–890 million on a reported basis, implying $940–$980 million, including the period of time before the closing of the acquisition -Adjusted operating income to be $920–$950 million -Adjusted operating margin to be 27% -GAAP tax rate to be 25% and non-GAAP effective tax rate to be 21% -Adjusted diluted earnings per share to be $9.95–$10.30 -Capital expenditures to be $150–$170 million Under Armour, Inc. Revised 11/3/2022 08/03/2022 Company expectations for fiscal 2023: -Revenue to grow at a low-single-digit percentage rate, from 5%–7% previously -Gross margin to be down by 375-425 basis points -Operating income to be $270–290 million, down from $300–325 million previously -Adjusted operating income to be $290–310 million, down from $310–335 million previously -Diluted earnings per share to be $0.56–$0.60, down from $0.61–$0.67 previously -Adjusted diluted earnings per share to be $0.44–$0.48, from $0.47–$0.53 previously The Estée Lauder Companies Inc. Announced 11/2/2022 08/18/2022 Company expectations for fiscal 2023: -Net sales to decrease by 8%–6% -Organic net sales to be flat up to an increase by 2% -Diluted net earnings per common share to be $5.01–$5.21 -Diluted net earnings per common share to be $5.25–$5.40, excluding restructuring and other charges -Adjusted diluted earnings per common share are to decrease by 21%–19% Company expectations for the second quarter of fiscal 2023: -Net sales to decline by 19%–17% -Organic net sales to decline by 11%–9% -Diluted net earnings per common share to be $1.14–$1.26 -Diluted net earnings per common share to be $1.19–$1.29, excluding restructuring and other charges -Adjusted diluted earnings per common share are to decrease by 50%–54% CVS Health Corporation Revised 11/2/2022 08/03/2022 Company expectations for fiscal 2022: -GAAP diluted EPS to be in the range of $3.12–$3.22, from $7.23–$7.43 previously - Adjusted EPS to be in the range of $8.55–$8.65, from $8.40–$8.60 previously -Cash flow from operations to be in the range of $13.5–14.5 billion, from $12.5–$13.5 billion previously The Clorox Company Announced 11/1/2022 08/03/2022 Company expectations for fiscal 2023: -Net sales to be in the range of (4)%–2% -Organic sales to be in the range of (3)%–3% -Gross margin to increase by about 200 basis points -Selling and administrative expenses to be 15%–16% of net sales -Effective tax rate to be 24% -Diluted EPS to be $3.10–$3.47, a decrease of 17%–7% -Adjusted EPS to be $3.85–$4.22, a decrease of 6% to an increase of 3% Herbalife Nutrition Ltd. Withdrawn 10/31/2022 08/02/2022 Colgate-Palmolive Company Announced 10/28/2022 07/29/2022 Company expectations for fiscal 2022: -Net sales growth to be 1%–4% -Organic sales growth to be in the range of 6%–7%, from 5%–7% previously -The gross profit margin will decrease on both a GAAP basis and a non-GAAP basis -Earnings per share to decline 7% to 8% Carter's, Inc. Announced 10/28/2022 02/25/2022 Company expectations for fiscal 2022: -Net sales to be $3.145–3.185 billion -Adjusted operating income to be $355–$385 million -Adjusted diluted earnings per share to be $6.05–$6.65 Company expectations for the fourth quarter of fiscal 2022: -Net sales to be $845–885 million -Adjusted operating income to be $85–115 million -Adjusted diluted earnings per share to be in the range of $1.40–$2.00 Amazon.com, Inc. Announced 10/27/2022 07/28/2022 Company expectations for the fourth quarter of fiscal 2022: -Net sales to be $140.0–$148.0 billion, or to grow between 2%–8% compared to the fourth quarter of 2021 -Operating income to be in the range of $0–$4 billion Columbia Sportswear Company Announced 10/27/2022 07/27/2022 Company expectations for fiscal 2022: -Net sales to be $3.44–3.50 billion, representing net sales growth of 10%–12% compared to 2021 -Operating income to be $410–443 million representing operating margin of 11.9%–12.7% -Diluted earnings per share to be $5.00–$5.40 -Gross margin to contract 250–220 basis points -SG&A expense, as a percent of net sales, to be 37.4%–37.8% -Net income to be $315–$340 million -Diluted earnings per share to be $5.00–$5.40 Company expectations for the fourth quarter of fiscal 2022: -Net sales to be $1.14–$1.21 billion -Diluted earnings per share to be $2.07–$2.47 Deckers Outdoor Corporation Announced 10/27/2022 07/28/2022 Company expectations for fiscal 2023: -Net sales to be $3.45–$3.50 billion -Gross margin to be approximately 50.5% -SG&A expenses as a percentage of sales to be approximately 33% -Operating margin to be in the range of 17.5%–18.0% -Effective tax rate to be approximately 22% -Diluted earnings per share to be in the range of $17.50–$18.35 V.F. Corporation Revised 10/26/2022 09/28/2022 Company expectations for fiscal 2023: -Total revenue to be up 5%–6% -Adjusted gross margin to be down 100–150 basis points, from 50 basis points previously -Adjusted operating margin to be 11.0%, from 12.0% previously -Adjusted EPS to be $2.40–$2.50, from $2.60–$2.70 previously -Adjusted cash flow from operations to be $0.9 billion, from $1.0 billion previously -Capital expenditures to be $230 million, from $240 million previously Skechers U.S.A., Inc. Announced 10/25/2022 07/26/2022 Company expectations for the fourth quarter of fiscal 2022: -Sales to be $1.725–1.775 billion -Diluted EPS to be $0.30–$0.40 Kimberly-Clark Corporation Revised 10/25/2022 07/26/2022 Company expectations for fiscal 2022: -Net sales to grow 2%–4% -Adjusted effective tax rate to be 22%–23%, from 22–24% previously -Organic sales growth to be 5%–7% -Adjusted earnings per share to be $5.60–$6.00 -Capital spending to be $0.9–1.0 billion, down from $1.0–1.1 billion previously adidas AG Revised 10/21/2022 07/26/2022 Company expectations for fiscal 2022: -Gross margin to be 47.5% for the year, down from 49% -Operating margin to be around 4%, down from 7% Tractor Supply Company Revised 10/20/2022 07/21/2022 Company expectations for fiscal 2022: -Net sales to be $14.06–14.12 billion, up from previous guidance of $13.95–14.05 billion -Comparable store sales to be 5.4%–5.8%, up from previous guidance of 5.2%–5.8% -Operating margin rate to be 10.10%–10.15%, up from previous guidance of 10.2% -Net income to be $1.07–1.08 billion, up from previous guidance of $1.065–1.085 billion -Earnings per diluted share to be $9.55–$9.63, up from previous guidance of $9.48–$9.60 -Capital expenditures to be $650– 700 million, including the opening of approximately 60–70 new Tractor Supply stores and 10 Petsense stores The Procter & Gamble Company Announced 10/19/2022 07/29/2022 Company expectations for fiscal 2023: -Sales to be down from 3%–1% -Organic sales growth to be 3%–5% -Diluted EPS growth to be in line to up 4% versus EPS of $5.81 in fiscal 2022 Levi Strauss & Co. Announced 10/6/2022 07/07/22 Company expectations for fiscal 2022: -Net revenues to grow 6.7%–7.0%, representing 11.5%–12% on a constant currency basis -Adjusted diluted EPS to be $1.44–$1.49 NIKE, Inc Announced 9/29/2022 06/27/2022 Company expectations for the second quarter of fiscal 2023: -Revenue growth to be in the low double digits -Gross margins to decline by 350–400 basis points versus the prior year V.F. Corporation Announced 9/28/2022 07/28/2022 Company expectations for the second quarter of fiscal 2023: -Revenue to be up by a low-single digit -Adjusted EPS to be $0.70–$0.75 Company expectations for fiscal 2023: -Total revenue to be up 5%–6% versus the previous outlook of 7% -Adjusted gross margin to be down approximately 50 basis points versus the previous outlook of up slightly -Adjusted operating margin to be 12% versus the previous outlook of 13.2% -Adjusted EPS to be $2.60 –$2.70 -Adjusted cash flow from operations to be $1.0 billion -Capital expenditures to be $240 million RH Announced 9/8/2022 06/29/2022 Company expectations for the third quarter of fiscal 2022: -Net revenue growth to be (15)%–(18)% -Adjusted operating margin to be 18.5%–19.0% Company expectations for fiscal 2022: -Net revenue growth to be (3.5)%–(5.5)% -Adjusted operating margin to be 21.0%–21.5% American Eagle Outfitters, Inc. Announced 9/7/2022 05/26/2022 Company expectations for the third quarter of fiscal 2022: -Revenues to decline by high single digits -Gross margin to be in the mid-30s Company expectations for the fourth quarter of fiscal 2022: -Gross margin to be in the low-30s Associated British Foods plc Announced 9/8/2022 02/25/2021 Company expectations for fiscal 2023: -Total sales to be around £7.7 billion ($8.96 billion), 40% higher than reported sales last year and 44% higher when adjusted to a comparable 52-week basis. -Primark adjusted operating profit margin to be 9.6% in the first half and 8.0% in the second half Company expectations for the fourth quarter -Total sales to be 7% higher than last year, adjusted to a comparable 52-week basis, due to increased selling space and 6% year-over-year like-for-like sales growth -Like-for-like sales to be 9% lower than in the pre-Covid-19 period Academy Sports and Outdoors, Inc Revised 9/7/2022 06/07/2022 Company expectations for fiscal 2022: -Net sales to be $6,430–6,630 million as expected previously -Comparable sales to be (6.0)%–(3.0)% as expected previously -Gross margin to be 33.0%–33.5% as expected previously -GAAP income before taxes to be $725.0–$805.0 as expected previously -GAAP net income to be $550.0–$615.0 million as expected previously -Diluted GAAP Earnings per Common Share to be $6.50–$7.25 from previous guidance of $6.30–$7.00 -Diluted Adjusted Earnings per Common Share to be $6.75–$7.50 from previous guidance of $6.55–$7.25 -Diluted Weighted Average Common Shares Outstanding to be 85.0 from previous guidance of 88.0 Lululemon Athletica Inc Announced 9/1/2022 06/02/2022 Company expectations for the third quarter of fiscal 2022: -Net revenue to be in the $1.780–1.805 billion, representing a three-year CAGR of about 25% -Diluted EPS to be in the $1.90–1.95 range Company expectations for fiscal 2022: -Net revenue to be in the $7.865 billion to 7.940 billion range, representing a three-year CAGR of about 26% -Diluted EPS to be in the $9.82–9.97 range -Adjusted diluted earnings per share to be in the $9.75–9.90 range Five Below, Inc Announced 8/31/2022 06/08/2022 Company expectations for the third quarter of fiscal 2022: -Net sales are to be in the $600–619 million range, with approximately 45 new stores opening -Comparable sales to decline by 7%–9% -Net income to be $4–11 million -Diluted EPS to be $0.08–0.19 Company expectations for fiscal 2022: -Net sales to be $2.97 –3.02 billion, with approximately 160 new stores opening -Comparable sales to decline by 3%–5% Net income to be in the $238–255 million range -Diluted EPS to be $4.26–4.56 PVH Corp Announced 8/30/2022 06/01/2022 Company expectations for fiscal 2022: -Revenue to decrease by 4%–3% -Operating margin to be approximately 9% -EPS on a non-GAAP basis to be approximately $8.00 Company expectations for the third quarter of fiscal 2022: -Revenue to decrease by 4%–5% reflecting a 2% reduction due to the impact of the war in Ukraine -EPS to be $2.10–$2.15 Best Buy Co., Inc. Announced 8/30/2022 07/27/2022 Company expectations for fiscal 2023: -Sales to decline by around 11% -Non-GAAP operating income rate to be 4% Company expectations for the third quarter of fiscal 2023: -Non-GAAP operating income rate to be similar to or slightly higher than the 4.1% rate reported in the second quarter of fiscal 2023 -Comparable sales to decline slightly more than the 12.1% reported for the second quarter of fiscal 2023 Ulta Beauty, Inc. Revised 8/25/2022 05/26/2022 Company expectations for fiscal 2022: -Net sales to be $9.65–$9.75 billion, up from previous guidance of $9.35–$9.55 billion -Comparable sales to be 9.5%–10.5%, up from previous guidance of 6%–8% -Operating margin to be 14.6%–14.8%, up from previous guidance of 14.1%–14.4% -Diluted earnings per share to be $20.70–$21.20, up from previous guidance of $19.20–$20.10 -Capital expenditures to be $350–$400 million, down from previous guidance of $375–$425 million -Depreciation and amortisation expense to be approximately $250 million, down from previous guidance of $250–$255 million Dollar Tree, Inc Announced 8/25/2022 05/26/2022 Company expectations for the third quarter of fiscal 2022: - Net sales to be $27.85–$28.10 billion -Comparable store sales to increase by mid-single digits, with the Dollar Tree segment increasing by high single digits and the Family Dollar segment increasing by single digits - Selling square footage to increase by 3.5% -Diluted earnings per share to be $7.10–$7.40, representing a 25.0% year-over-year increase -Consolidated net sales to be $6.75–$6.87 billion -Earnings per share diluted to be $1.05–$1.20 Burlington Stores, Inc. Announced 8/25/2022 05/26/2022 Company expectations for the third quarter of fiscal 2022: -Comparable store sales to decline by 18%–15%, resulting in a three-year geometric comparable store sales stack of 4%–1% -Adjusted EBIT margin to be down 360–260 basis points from last year -Tax rate to be 25% -Adjusted earnings per share to be $0.36–$0.66 Company expectations for fiscal 2022: -Comparable store sales to decline by 15%–13% -Capital expenditures to be $640 million -90 net new stores will be opened in Fiscal 2022 -Depreciation and amortisation to be $280 million -Adjusted EBIT margin to be 410–360 basis points lower than last year. -Net interest expense to be $61 million -Adjusted EPS to be $3.70–$4.30, up from $6.00 on a GAAP basis and $8.41 on a non-GAAP basis last year Dollar General Corporation Revised 8/25/2022 05/26/2022 Company expectations for fiscal 2022: -Net sales growth to be 11%, up from the previous guidance of 10.0%–0.5% Same-store sales growth be 4.0%–4.5%, up from 3.0%–3.5% previously -Diluted EPS growth to be approximately 12%–14% -Tax rate to be 22.0%–22.5%, as opposed to the previous guidance of 22.5%–23.0% -Share repurchases of approximately $2.75 billion -Capital expenditures to be $1.4–$1.5 billion -The Company intends to complete 2,930–2,980 real estate projects, including 1,010–1,060 new store openings, approximately 1,795 remodels and 125 store relocations. This compares to its previous projection of completing 2,980 real estate projects, which included 1,110 new store openings, 1,750 remodels and 120 store relocations Williams-Sonoma, Inc. Announced 8/24/2022 05/25/2022 Company expectations for fiscal 2022: -Net revenue to grow in the mid-to-high single-digit range for 2022 -Revenue to reach $10 billion by fiscal 2024 -Operating margins to be in line with fiscal 2021, at 16.9%–17.1% Guess?, Inc. Announced 8/24/2022 05/25/2022 Company expectations for the third quarter of fiscal 2022: -Revenue to be down 4.5% in US dollar terms and up 4.5% on a constant currency basis versus the third quarter of fiscal 2022 -Adjusted operating margin to be 8.1% -GAAP diluted EPS to be $0.45 -Adjusted diluted EPS to be $0.55 Company expectations for fiscal 2022: -Revenue to be up 1.5% in US dollar terms and up 9.5% on a constant currency basis versus fiscal 2022 -Adjusted operating margin to be 10% -GAAP diluted EPS to be $2.11 -Adjusted diluted EPS to be $2.65 Petco Health and Wellness Company, Inc. Revised 8/24/2022 05/24/2022 Company expectations for fiscal 2022: -Net revenue to be $5.975–6.05 billion, down from previous guidance of $6.15–6.25 billion -Adjusted EBITDA to be $580–595 million, down from previous guidance of $630–645 million -Adjusted EPS to be $0.77–$0.81, down from previous guidance of $0.97–$1.00 -Capital expenditure to be $250–275 million, down from previous guidance of $275–325 million Nordstrom, Inc. Revised 8/23/2022 05/24/2022 Company expectations for fiscal 2022: -Revenue growth, including retail sales and credit card revenue, to be 6%–8%, up from previous guidance of 5%–7% -EBIT margin to be 5.8%–6.2%, up from previous guidance of 4.5%–4.9% -Adjusted EBIT margin to be 5.6%–6.0%, up from previous guidance of 4.3%–4.7% -EPS, excluding the impact of share repurchase activity, to be in the range of $3.38–$3.68, up from previous guidance of $2.45–$2.75 -Adjusted EPS, excluding the impact of share repurchase activity, to be in the range of $3.20–$3.50, up from previous guidance of $2.30–$2.60 -Leverage ratio by year-end to be approximately 2.5 times, compared to previous guidance of below 2.9 times Macy's, Inc. Announced 8/23/2022 05/26/2022 Company expectations for the third quarter of fiscal 2022: -Net sales to be $5.16–5.23 billion -Net sales growth rate to be (3.14)%–(4.6)% -Adjusted earnings per share to be $0.15–$0.21 -Diluted EPS growth to be (72)%–(80)% DICK'S Sporting Goods, Inc. Revised 8/23/2022 05/25/2022 -Earnings per diluted share to be in the range of $8.85–$10.55 -Earnings per diluted growth rate to be in the range of (23.9)%–(36)% -Comparable store sales to be in the range of (6)%–(2)% -Capital expenditures to be in the range of $400–$425 million on a gross basis and $340–$365 million on a net basis Macy's, Inc. Revised 8/23/2022 05/26/2022 Company expectations for fiscal 2022: -Net sales to be $24.34–24.58 billion, down from previous guidance of $24.46–24.70 billion -Adjusted EBITDA as a percent of sales to be 10.5%, down from previous guidance of 11.2%–11.7% -Adjusted diluted earnings per share to be $4.00–$4.20, down from previous guidance of $4.53–$4.95 Foot Locker, Inc. Revised 8/19/2022 05/20/2022 Company expectations for fiscal 2022: -Sales decline to be 4%–6%, versus prior guidance of a 6%–7% decline -Comparable sales growth to be down 8%–10% from down 8%–9% -Square footage growth to be down 1%–2%, in line with the orginal guidance -Gross margin to be 30.6%–30.8%, down from 31.1%–31.2% -SG&A rate to be 20.7%–20.9%, down from 21.3%–21.4% -D&A to be $214 million, down from $213 million -Tax rate (Non-GAAP) to be in 29%–30%, down from 30.0%–30.5% -Non-GAAP EPS to be $4.25–$4.60, from $4.25–$4.45 Ross Stores, Inc. Announced 8/18/2022 05/19/2022 Company expectations for the third quarter of fiscal 2022: -Same-store sales to decline by 7%–9%, compared to a 14% increase last year -Earnings per share to be $0.72–$0.83, compared to $1.09 last year Company expectations for the fourth quarter of fiscal 2022: -Same-store sales to decline by 4%–7%, compared to a 9% increase last year -Earnings per share to be $1.04–$1.21, compared to $1.04 in 2021 Company expectations for fiscal 2022: - Earnings per share to be $3.84–$4.12, compared to $4.87 last year Kohl's Corporation Announced 8/18/2022 05/19/2022 Company expectations for fiscal 2022: -Net sales to decline by 5%–6% -Operating margin to be 4.2%–4.5% -Earnings per share to be $2.80–$3.20, excluding any non-recurring charges BJ's Wholesale Club Holdings, Inc. Revised 8/18/2022 05/19/2022 Company expectations for fiscal 2022: -Comparable club sales growth to be 4–5%, up from original guidance of low single digits -EPS will be $3.50–$3.60, up from previous guidance of $3.25 Tapestry, Inc. Announced 8/18/2022 02/10/2022 Company expectations for fiscal 2023: -Revenue to be $6.9 billion, with a reported increase of 3%-4% (including approximately 300 basis points of FX pressure) - Revenue growth to be 6%-7% in constant currency -Net interest expense to be $35 million -Tax rate to be 21.0% -Weighted average diluted share count to be approximately 242 million shares, including approximately $700 million in expected share repurchases -Earnings per diluted share to be $3.80–$3.90, representing double-digit growth over the prior year The Estée Lauder Companies Inc. Announced 8/18/2022 05/03/2022 Company expectations for fiscal 2023: -Net sales to increase by 3%–5%, including a 1% decline as a result of the company's termination of license agreements for the Donna Karan New York, DKNY, Michael Kors, Tommy Hilfiger and Ermenegildo Zegna product lines on June 30, 2022, as well as a 1% negative impact from Russia and Ukraine, a 3% decrease due to currency translation and 1% impact due to the effects of foreign currency transactions in key international travel retail markets -Organic net sales to rise 7%–9%, with diluted net earnings per common share of $7.11–$7.33 -Diluted net earnings per common share of $7.39–$7.54 after restructuring and other charges Company expectations for the first quarter of fiscal 2023: -Net sales to decline by 8%–10% -Organic net sales to decline by 4%–6%, with net earnings per common share of $1.16–$1.28 -Diluted net earnings per common share of $1.22–$1.32 after restructuring and other charges Bath & Body Works, Inc. Announced 8/17/2022 7/20/20222 Company expectations for the third quarter of fiscal 2022: -Earnings from continuing operations per diluted share to be $0.10–$0.20 Company expectations for fiscal 2022: -Earnings from continuing operations per diluted share to be $2.70–$3.00 The TJX Companies, Inc. Revised 8/17/2022 05/18/2022 Company expectations for fiscal 2023: -Pretax profit margin to be 9.3%–9.5% -Adjusted pretax profit margin to be 9.7%–9.9%, versus previous guidance of 9.2%–9.4% -Diluted earnings per share to be $2.87–$2.95 versus previous guidance of $2.94–$3.01 -Adjusted diluted earnings per share to be $3.05–$3.13 versus previous guidance of $3.13–$3.20 -US comparable store sales to decrease by 2%–3%, versus previous guidance of an increase of 1%–2% The TJX Companies, Inc. Announced 8/17/2022 05/18/2022 Company expectations for the third quarter of fiscal 2023: -Pretax profit margin to be 10.1%–10.4% -Diluted earnings per share to be $0.77–$0.81 - US comparable store sales to decrease by 3%–5% versus a 16% increase in the third quarter of fiscal 2022 Company expectations for the fourth quarter of fiscal 2023: -Pretax profit margin to be 10.1%–0.4% -Earnings per share to be $0.92–$0.96. -US comparable store sales to be flat to down 1%, versus a 13% increase in the fourth quarter of fiscal 2022 Target Corporation Announced 8/17/2022 06/07/2022 Company expectations for fiscal 2022: -Full-year revenue growth to be in the low- to mid-single-digit range -Operating margin rates in the second half of the year to be 6% Lowe's Companies, Inc. Announced 8/17/2022 05/18/2022 Company expectations for fiscal 2022: -Total sales to be $97–99 billion -Total sales growth to be 0.7%–2.7% -Comparable sales growth to be (1%)–1% -Gross margin rate to be up slightly compared to the prior year -Depreciation and amortization to be $1.75 billion -Operating income as a percentage of sales (operating margin) to be 12.8%–13.0% -Interest expense to be $1.1–1.2 billion -Effective income tax rate to be 25% -Diluted earnings per share to be $13.10–$13.60 -Total share repurchases to be $12 billion -ROIC to be over 36% -Capital expenditure to be $2 billion The Home Depot, Inc. Announced 8/16/2022 05/17/2022 Company expectations for fiscal 2022: -Total and comparable sales growth to be 3% -Operating margin to be 15.4% -Net interest expense to be $1.6 billion -Tax rate to be 24.6% -Diluted EPS growth to be in the mid-single digits Hanesbrands Inc. Announced 8/11/2022 05/05/2022 Company expectations for the third quarter of fiscal 2022: -Net sales to be $1.73–1.78 billion -GAAP operating profit to be $129–149 million -Adjusted operating profit to be $160–180 million -Interest and other expenses to be $44 million -Tax rate to be 17% on both a GAAP and adjusted basis -GAAP earnings per share from continuing operations to be $0.20–$0.25 -Adjusted earnings per share from continuing operations to be $0.27–$0.32 -Net sales to decline by 4% and by roughly 2% decline in comparison to the prior year at the midpoint Company expectations for fiscal 2022: -Net sales from continuing operations to be $6.45–$6.55 billion at the midpoint, representing a 2% decline compared to the prior year on a constant currency basis and a 4% decline on a reported basis -GAAP operating profit from continuing operations to be $570–620 million -Adjusted operating profit from continuing operations to be $630–680 million -Interest and other expenses to be $161 million -Tax rate is to be 17% on both a GAAP and adjusted basis -GAAP earnings per share from continuing operations to be $0.97–$1.09 -Adjusted earnings per share from continuing operations to be $1.11–$1.23 -Capital expenditure to be in the range of $150–175 million -Fully diluted shares outstanding to be $351 million Ralph Lauren Corporation Announced 8/9/2022 05/24/2022 Company expectations for the second quarter of fiscal 2023: -Revenue growth to be around 11% -Operating margin to be 15.4%–15.7% in constant currency -Gross margin to contract 40–80 basis points Company expectations for fiscal 2023: -Revenue to increase by high single digits with an outlook of 8% - Operating margin to be 14.0%–14.5% -Gross margin to increase by 30–50 basis points in constant currency Signet Jewelers Limited Revised 8/9/2022 05/17/2022 Company expectations for fiscal 2023: -Total revenue to be $7.60–7.70 billion, compared with prior fiscal 2023 guidance of $8.03–8.25 billion -Non-GAAP operating income to be $787–828 million compared to $921–974 million Signet Jewelers Limited Announced 8/9/2022 05/17/2022 Company expectations for the second quarter of fiscal 2023: -Non-GAAP operating income to be $192 million -Total revenue to be $1.75 billion Floor & Decor Holdings, Inc. Revised 8/4/2022 02/24/2022 Company expectations for fiscal 2022: -Net sales to be $4.29–4.33 billion, compared to prior guidance of $4.285–4.375 billion -Comparable store sales growth to be 10%–11%, compared to prior guidance of 10.5%–13% Wayfair Inc. Announced 8/4/2022 11/04/2021 Company expectations for the third quarter of fiscal 2022: -Net sales for the third quarter to be lower than second-quarter sales Crocs, Inc. Announced 8/4/2022 05/05/2022 Company expectations for fiscal 2023: -Consolidated revenues to be $915–955 million, representing an increase of 46%–53% -Revenues for the Crocs brand to be $680–700 million, representing growth of 15%–18% on a constant currency basis and 9%–12% in reported terms -HEYDUDE brand sales to be $235–255 million NEXT plc Announced 8/4/2022 01/06/2022 Company expectations for fiscal 2023: -H1 full price sales to grow 12.4% -H2 full price sales growth to be in the range of (3.0)% – 5.0% -Full year full price sales to be in the range of 4.0%–8.4% -Profit before tax to be in the range of £820–890 million ($995.5–1,080.5 million) -Profit before tax growth to be in the range of (0.4)%–8.1% -Earnings Per Share to be in the range of $5.43–$5.88 -Earnings Per Share growth to be in the range of 2.3%–10.9% The Clorox Company Announced 8/3/2022 05/02/2022 Company expectations for fiscal 2023: -Net sales to grow in the range of (4)%–(2)% -Organic sales to be in the range of (3)%–3% -Gross margin to increase by about 200 basis points -Selling and administrative expenses to be in the range of 15%–16% of net sales -Effective tax rate to be about 24% -Diluted EPS to be in the range of $3.10–$3.47, a decrease of 17%–7% -Adjusted EPS to be in the range of $3.85–$4.22, a decrease of 6%–3% Sprouts Farmers Market, Inc. Announced 8/3/2022 05/04/2022 Company expectations for fiscal 2022: -Net sales growth to be in the range of 4.0%–5.0% -Comparable store sales growth to be in the range of 1.0%–2.0% -Adjusted diluted earnings per share to be in the range of $2.18–$2.26 -Plans to open 15–17 new stores -Capital Expenditures to be in the range of $130–$150 million Company expectations for the third quarter of fiscal 2022: -Comparable store sales growth to be in the range of 1.0%–2.0% -Adjusted diluted earnings per share to be in the range of $0.49–$0.53 Under Armour, Inc. Revised 8/3/2022 05/06/2022 Company expectations for fiscal 2023: -Gross margin to be down by 375-425 basis points, down from the previous guidance of a fall of 150-200 basis points -Operating income to reach $300–325 million, versus to the previous guidance of $375–400 million -Diluted earnings per share to be $0.61–$0.67, down from the previous guidance of $0.79–$0.84 -Adjusted diluted earnings per share to be $0.47–$0.53, down from the previous guidance of $0.63–$0.68 CVS Health Corporation Revised 8/3/2022 5/4/20222 Company expectations for fiscal 2022: -GAAP diluted EPS to be in the range of $7.23–$7.43, up from the previous guidance of $6.93–$7.13 - Adjusted EPS to be in the range of $8.40–$8.60, up from the previous guidance of $8.20–$8.40 -Cash flow from operations to be in the range of $12.5–13.5 billion, up from the previous guidance of $12.0–$13.0 billion Herbalife Nutrition Ltd. Announced 8/2/2022 05/03/2022 Company expectations for fiscal 2022: -Volume Point Growth to be in the range of (12.5)%–(6.5)% -Net Sales growth to be in the range of (10.0)%–(4.0)% -Adjusted Diluted EPS to be in the range of $3.25–$3.75 -Adjusted EBITDA to be in the range of $680–740 million -Cap Ex to be in the range of $175–225 million Company expectations for the third quarter of fiscal 2022: -Volume Point Growth to be in the range of (14.0)%–(8.0)% -Net Sales growth to be in the range of (9.0)%–(3.0)% -Adjusted Diluted EPS to be in the range of $0.70–$0.95 -Adjusted EBITDA to be in the range of $160–180 million Colgate-Palmolive Company Announced 7/29/2022 04/29/2022 Company expectations for fiscal 2022: -Net sales growth to be at the higher end of 1%–4% -Organic sales growth to be in the range of 5%–7% -On a GAAP basis, EPS is expected to grow by double-digits -On a non-GAAP basis, the EPS of the "base business" is expected to decline in by a mid-single-digit The Procter & Gamble Company Announced 7/29/2022 04/20/2022 Company expectations for fiscal 2023: -Net sales growth to range from flat to up 2% -Organic sales growth to be in the range of 3–5% -Diluted net earnings per share to increase to up to 4%, with the midpoint of the guidance at $5.93 -Tax rate to be in the range of 19%–19.5% -Capital spending to be approximately 5% of net sales - Share repurchases to be $6 –8 billion Deckers Outdoor Corporation Announced 7/28/2022 05/19/2022 Company expectations for fiscal 2023: -Net sales to be in the range of $3.45–$3.50 billion -Gross margin to be approximately 51.5% -SG&A expenses as a percentage of sales to be approximately 34% -Operating margin to be in the range of 17.5%–18.0% -Effective tax rate to be approximately 22%–23% -Diluted earnings per share to be in the range of $17.50–$18.35 V.F. Corporation Announced 7/28/2022 01/28/2022 Company expectations for fiscal 2023: -Adjusted EPS to be in the range of $3.05–$3.15, implying 4%–% growth versus the prior year on a constant dollar basis -Total revenue to be up at least 7% -Adjusted gross margin up slightly versus previous outlook of up by approximately 50 basis points -Adjusted operating margin to be 13.2% versus previous outlook of approximately 13.6% -Adjusted cash flow from operations approximately to be $1.2 billion -Capital expenditures to be approximately $250 million Amazon.com, Inc. Announced 7/28/2022 04/28/2022 Company expectations for the third quarter of fiscal 2022: -Net sales to be in the range of $125.0–$130.0 billion, or to grow between 13%–17% compared with third quarter 2021. -Operating income to be in the range of $0–$3.5 billion Best Buy Co., Inc. Announced 7/27/2022 05/24/2022 Company expectations for the second quarter of fiscal 2023: -Comparable sales to decline by approximately 13% -Revenue to be approximately 7.5% higher than pre-pandemic 2Q20 -Non-GAAP operating income rate to be around 3.7% Columbia Sportswear Company Announced 7/27/2022 02/03/2022 Company expectations for fiscal 2022: -Net sales to be $3.44–3.50 billion, representing net sales growth of 10%–12% compared to 2021 -Operating income to be $415–449 million, representing operating margin of 12.1%–12.8% -Diluted earnings per share to be $5.00–$5.40 Skechers U.S.A., Inc. Announced 7/26/2022 04/26/2022 Company expectations for fiscal 2022: -Sales to be $7.2–7.4 billion -Diluted earnings per share to be $2.60–$2.70 Company expectations for the third quarter of fiscal 2022: -Sales to be $1.80–1.85 billion -Diluted earnings per share to be $0.70–$0.75 Kimberly-Clark Corporation Revised 7/26/2022 04/22/2022 Company expectations for fiscal 2022: -Diluted net income per share to be $5.67–$6.10 -Organic sales growth to be 5%–7% compared to prior outlook of 4%–6% -Adjusted earnings per share to be $5.60–$6.00 Albertsons Companies, Inc. Revised 7/26/2022 04/12/2022 Company expectations for fiscal 2022: -Identical sales to be approximately 3%–4% (previously 2%–3%) -Adjusted EBITDA to be $4.25–4.35 billion (previously $4.15–4.25 billion) -Adjusted net income per share to be $2.80–$2.95 (previously $2.70–$2.85) -Effective tax rate to be 23%–24% excluding discrete items (unchanged) -Capital expenditures to be $2.0–2.1 billion (unchanged) Unilever PLC Announced 7/26/2022 10/21/2021 Company expectations for fiscal 2022: -Sales growth to be 4.5%–6.5% -Operating margin to be 16%, which is within the guided range of 16%–17% Walmart Inc. Revised 7/25/2022 05/17/2022 Company expectations for fiscal 2022: -Net sales growth to be about 4.5% -Net sales growth to be about 5.5% excluding divestitures -Walmart US comp sales growth, excluding fuel, to be about 3% in the back half of the year -Operating income to decline by 10%–12% -Adjusted earnings per share to decline by 10%–12% Company expectations for the second quarter of fiscal 2022: -Consolidated net sales growth to be about 7.5% -Operating income to decline by 13%–14% -Adjusted earnings per share to decline by around 8%–9% Tractor Supply Company Revised 7/21/2022 06/06/2022 Company expectations for fiscal 2022: -Net sales to be $13.95–14.05 billion, up from previous guidance of $13.6–13.8 billion -Comparable store sales to be 5.2%–5.8%, up from previous guidance of 3.0%–4.5% -Operating margin rate to be 10.2%, compared to previous guidance of 10.1%–10.3% -Net income to be $1.065–1.085 billion, up from previous guidance of $1.04–1.08 billion -Earnings per diluted share to be $9.48–$9.60, up from previous guidance of $9.20–$9.50 Bath & Body Works, Inc. Announced 7/20/2022 03/18/2022 Company expectations for fiscal 2022: -Sales to be down by mid- to high-single digits -Operating income rate as a percentage of sales to be in the mid-teens Company expectations for the second quarter of fiscal 2022: -Sales to fall in the range of 6%–7% -Continuing operations profits per diluted share to be $0.40–$0.42 Burberry Group plc Announced 7/15/2022 5/18/2022 Company expectations for fiscal 2023: -Sales growth to be in the mid-single digits and margins of 20% in the medium term Fast Retailing Co., Ltd Revised 7/14/2022 10/14/2021 Company expectations for fiscal 2022: -Revenue to be up 5.5% to ¥175 billion ($1.3 billion) -Operating profit to grow 16.5% to ¥295 billion ($2.1 billion) -Profit before income taxes to grow 38.4% to ¥368 billion ($2.8 billion) The Gap, Inc. Announced 7/11/2022 05/26/2022 Company expectations forthe second quarter of fiscal 2022: -Net income to decrease in the high single digits Levi Strauss & Co. Revised 7/7/2022 04/06/2022 Company expectations for fiscal 2022: -Net revenue to grow 11%–13% to $6.4–6.5 billion -Adjusted diluted EPS to be in the range of $1.50–$1.56 RH Announced 6/29/2022 03/29/2022 Company expectations for the second quarter of fiscal 2022: - Net revenue growth to be (3)%–(1)% - Adjusted operating margin to be 23.0%–23.5% RH Revised 6/29/2022 03/29/2022 Company expectations for fiscal 2022: -Net revenue growth to be (5%)–(2%) -Adjusted operating margin to be 21.0%–22.0% NIKE, Inc. Announced 6/27/2022 03/21/2022 Company expectations for fiscal 2022: - Revenue growth to be in low double digits on a currency-neutral basis Company expectations for the first quarter of fiscal 2022: - Revenue growth to be flat to slightly up due to pandemic disruption in China Zalando SE Announced 6/23/2022 05/05/2022 Company expectations for the second quarter of fiscal 2022: -Gross Merchandise Volume (GMV) growth to be 5.0% -Revenue growth to be 1.5% -Adjusted EBIT to be €104 million ($109.9 million) Zalando SE Revised 6/23/2022 05/05/2022 Company expectations for fiscal 2022: -Gross Merchandise Volume (GMV) to grow by 3%–7% to €14.8–15.3 billion ($18.2–$18.8 billion) -Revenue to grow by 0%–3% to €10.4–10.7 billion euros ($15.6–$16.2 billion) -Adjusted EBIT to be €180–€260 million ($190.1–$274.6 million) -Capital expenditure is expected to be in the range of €350–€400 million ($369.6–$422.4 million) The Kroger Co Announced 6/16/2022 03/03/2022 Company expectations for fiscal 2022: -Identical sales without fuel to be in the range of 2.5%–3.5% -Adjusted FIFO operating profit to be in the range of $4.3–$4.4 billion -Adjusted net earnings per diluted share to be in the range of $3.85–$3.95 -Sustainable earnings growth and total shareholder returns to be in the range of 8%–11% Boohoo Group PLC Announced 6/16/2022 12/16/2021 Company expectations for fiscal 2023: -Revenue growth to be in the low single digits, with a return to growth in Q2, and growth rates will rise in the second half of the year -Adjusted EBITDA margins to range from 4%–7% Coty Inc. Revised 6/13/2022 11/08/2021 Company expectations for the fourth quarter of fiscal 2022: -Low double digits LFL sales growth Company expectations for fiscal 2022: -LFL's sales growth to be in the low-to-mid teens -Adjusted EBITDA to be $900 million -Adjusted EPS to be in the range of $0.23–$0.27 Signet Jewelers Limited Announced 6/9/2022 03/17/2022 Company expectations for the second quarter of fiscal 2022: -Total revenue to be $1.79–1.82 billion -Operating income to be $188–204 million Company expectations for fiscal 2022: -Total revenue to be $8.03–8.25 billion -Operating income to be $921–974 million -Diluted EPS to be $12.72–$13.47 Five Below, Inc. Announced 6/8/2022 03/30/2022 Company expectations for the second quarter of fiscal 2022: -Net sales to be $675–695 million -Approximately 30 new store openings -Comparable sales to be (5)%–(2)% -Net income to be $4–48 million -Diluted income per common share to be $0.74–$0.86 Company expectations for fiscal 2022: -Net sales to be $3.0–3.1 billion -Approximately 160 new store openings -Comparable sales to be around (2)% -Net income to be $271–293 million -Diluted income per common share to be $4.85–$5.24 -Gross capital expenditures to be approximately $225 million Academy Sports and Outdoors, Inc. Revised 6/7/2022 03/29/2022 Company expectations for fiscal 2022: -Total net sales to be $6.4–6.6 billion -Comparable sales to be (6.0)%–(3.0)% -GAAP income before taxes to be $725–805 million -GAAP net income to be $550–615 million -GAAP diluted EPS to be $6.30–$7.00, up from previous guidance of $6.55–$7.10 -Adjusted diluted EPS to be $6.55–$7.25, up from previous guidance of $6.70–$7.25 -Effective tax rate to be around 24.0% Tractor Supply Company Announced 6/6/2022 04/21/2022 Company expectations for the second quarter of fiscal 2022: -Net sales growth to be 8% -Comparable store sales growth to be 5% -Diluted earnings per share to be at least $3.48 RH Announced 6/2/2022 03/29/2022 Company expectations for fiscal 2022: -Net revenue growth to be 0%–2% -Adjusted operating margin to be 23.0%–24.0% Company expectations for the second quarter of fiscal 2022: -Net revenue to be (1)% –(3)% -Adjusted operating margin to be 23.0%–23.5% Lululemon Athletica Inc. Announced 6/2/2022 03/29/2022 Company expectations for the second quarter of fiscal 2022: -Net revenue to be $1.7–$1.8 billion -Diluted earnings per share to be $1.89–$1.94 -Adjusted diluted earnings per share to be $1.82–$1.87 -Company expectations for fiscal 2022: -Net revenue to be $7.6–7.7 billion -Diluted earnings per share to be $9.42–$9.57 -Adjusted diluted earnings per share to be $9.35–$9.50 PVH Corp. Announced 6/1/2022 03/29/2022 Company expectations for the second quarter of fiscal 2022: -Revenue to decrease by 3%–4% -Earnings per share on a GAAP basis to be approximately $2.20 -Earnings per share on a non-GAAP basis to be approximately $2.00 -Interest expense to decrease to approximately $20 million -Effective tax rate to be approximately 30% Company expectations for fiscal 2022: -Revenue to increase by 1%–2%, and to increase by 6%–7% on a constant-currency basis -Operating margin to be approximately 10% -Earnings per share on a GAAP basis to be approximately $9.20 -Earnings per share on a non-GAAP basis to be approximately $9.00 -Interest expense to decrease to approximately $90 million -Effective tax rate to increase to 28.5%–29.5% Capri Holdings Limited Announced 6/1/2022 03/09/2022 Company expectations for the first quarter of fiscal 2023: -Revenue to be $1.3 billion -Adjusted operating margin to be 16.5% -Adjusted EPS to be $1.35 Company expectations for the second quarter of fiscal 2023: -Revenue to be $1.42 billion -Adjusted operating margin to be 17.0% -Adjusted EPS to be $1.60 Company expectations for the third quarter of fiscal 2023: -Revenue to be $1.725 billion -Adjusted operating margin to be 23.5% -Adjusted EPS to be $2.55 Company expectations for the fourth quarter of fiscal 2023: -Revenue to be $1.50 billion -Adjusted operating margin to be 14.5% -Adjusted EPS to be $1.35 Capri Holdings Limited Announced 6/1/2022 03/09/2022 Company expectations for fiscal 2023: -Total revenue to be $5.9 billion, increasing by approximately 5% year over year on a reported basis and by approximately 10% in constant currency -Gross margin to be flat -Operating margin to be 18% -Net interest income to be $35 million -Effective tax rate to be 11% -Weighted average diluted shares outstanding to be 144 million -Diluted earnings per share to be $6.85 -Capital expenditures to be $300 million For Versace, -Total revenue to be $1.2 billion, increasing by 13% on a reported basis and 23% in constant currency -Operating margin to be 16% For Jimmy Choo, -Total revenue to be $650 million, increasing by approximately 6% on a reported basis and approximately 9% in constant currency -Operating margin to be 5% For Michael Kors, -Total revenue to be $4.1 billion, increasing by approximately 3% on a reported basis and approximately 6% in constant currency -Operating margin to be 24% Capri Holdings Limited Announced 6/1/2022 03/09/2022 Company expectations for the first quarter of fiscal 2023: -Total revenue to be $1.3 billion, increasing by approximately 4% year over year and by 9% in constant currency -Operating margin to be 16.5% -Net interest income to be $9 million -Effective tax rate to be 12% -Outstanding weighted average diluted shares of approximately 146 million -Diluted earnings per share to be $1.35 For Versace, -Total revenue to be $265 million, increasing by approximately 11% on a reported basis and approximately 20% in constant currency -Operating margin to be in the low-double-digit range For Jimmy Choo, -Total revenue to be $155 million, increasing by approximately 9% on a reported basis and approximately 13% in constant currency -Operating margin to be in the mid-single-digit range For Michael Kors, -Total revenue to be approximately $880 million, increasing by approximately 1% on a reported basis and approximately 5% in constant currency -Operating margin to be in the low-to-mid-20s range in percentage terms American Eagle Outfitters, Inc. Announced 5/26/2022 03/02/2022 Company expectations for the second quarter of fiscal 2022: -Top-line growth to trend similarly to the first quarter -Gross margin rate to be 33% Company expectations for fiscal 2022: -Operating profit to be above $314 million -Total revenue to grow in the low single digits The Gap, Inc. Announced 5/26/2022 03/03/2022 Company expectations for fiscal 2022: -Revenue to decline in the low to mid-single digit range -Gross margin to 36.5%–37.5% -Operating margin to be 1.8%–2.8% -Adjusted operating margin to be 1.5%–2.5% -Diluted earnings per share to be $0.40–$0.70 -Adjusted diluted EPS to be $0.30–$0.60 -Net interest to be $80 million -Effective tax rate to be 27% -Capital expenditures to be $700 million Ulta Beauty, Inc. Revised 5/26/2022 03/10/2022 Company expectations for fiscal 2022: -Net sales to be $9.05–9.15 billion, down from prior guidance of $9.35–9.55 billion -Comparable sales to be 3% –4%, down from prior guidance of 6%–8% -Operating margin to be 13.7%–14.0%, down from prior guidance of 14.1%–14.4% -Diluted EPS to be $18.20–$18.70, down from prior guidance of $19.20–$20.10 Dollar Tree, Inc Revised 5/26/2022 03/02/2022 Company expectations for fiscal 2022: -Diluted EPS tobe $7.80–$8.20, up from previous guidance of $7.60–$8.00 -Consolidated net sales to be $27.76–28.14 billion, up from previous guidance of $27.22–27.85 billion Dollar Tree, Inc Announced 5/26/2022 03/02/2022 Company expectations for the second quarter of fiscal 2022: -Consolidated net sales to be $6.65–6.78 billion, based on a low-to-mid single-digit increase in same-store sales -Diluted EPS to be $1.45–$1.55 Macy's, Inc Revised 5/26/2022 02/22/2022 Company expectations for fiscal 2022: -Adjusted EBITDA as a percent of sales to be 11.2%–11.7%, up from prior guidance of 11.0%–11.5% -Adjusted EPS to be $4.53–$4.95, up from prior guidance of $4.13–$4.52 Dollar General Corporation Announced 5/26/2022 05/17/2022 Company expectations for fiscal 2022: -Net sales to grow 10.0%–10.5% -Same-store sales growth to be 3.0%–3.5% -Diluted EPS growth to be 12%–14% -Diluted EPS guidance effective tax rate to be 22.5%–23.0% -Share repurchases to be $2.75 billion -Capital expenditures to be $1.4–1.5 billion -2,980 real estate projects executed in fiscal 2022, including 1,110 new store openings, 1,750 remodels and 120 store relocations Williams-Sonoma, Inc. Announced 5/25/2022 03/16/2022 Company expectations for fiscal 2022: -Financial performance to be in line with long-term financial goals of mid-to-high single-digit annual net sales growth -Revenue to reach $10 billion by fiscal year 2024 -Operating margin to be same as fiscal year 2021 DICK's Sporting Goods, Inc. Announced 5/25/2022 03/08/2022 Company expectations for fiscal 2022: -Earnings per diluted share to be $7.95–$10.15 -Comparable store sales to be (8)%–(2)% -Capital expenditures to be $400–425 million on a gross basis and $340–365 million on a net basis Nordstrom, Inc. Announced 5/24/2022 03/01/2022 Company expectations for fiscal 2022: -Revenue growth to be 6%–8% -EBIT margin to be 5.6%–6.0% of sales -Earnings per share to be $3.38–$3.68 -Adjusted EPS to be $3.20 –$3.50 Ralph Lauren Corporation Announced 5/24/2022 02/03/2022 Company expectations for fiscal 2023: -Constant currency revenues to increase by high-single digits -Operating margin to be 14.0%–14.5% -Gross margin to increase by 30–50 basis points on a constant currency basis -Capital expenditures to be $290–310 million Company expectations for the first quarter of fiscal 2022: -Revenue growth to be in a range centered around 8% -Operating margin to be in a range centered around 13.5% -Gross margin to be down slightly on a constant currency basis Petco Health and Wellness Company, Inc. Announced 5/24/2022 03/23/2022 Company expectations for fiscal 2022: -Net revenue to be $6.15–6.25 billion -Adjusted EBITDA to be $630–645 million -Adjusted EPS to be $0.97–1.00 -Capital expenditures to be $275–325 million Best Buy Co., Inc Revised 5/24/2022 03/03/2022 Company expectations for fiscal 2023: -Revenue to be $48.3–49.9 billion, up from previous guidance of $49.3–50.8 billion -Comparable sales to decline by 3.0%–6.0%, up from previous guidance of 1.0%–4.0% -Enterprise non-GAAP operating income rate to be 5.2%–5.4%, compared to previous guidance of approximately 5.4% -Non-GAAP effective income tax rate to be 24.0%, down from previous guidance of approximately 24.5% -Non-GAAP diluted EPS to be $8.40–$9.00, compared to the previous guidance of $8.85–$9.15 Foot Locker, Inc Announced 5/20/2022 02/25/2022 Company expectations for fiscal 2022: -Net sales to grow by 4%–6% -Comparable sales to grow by 8%–10% -Growth in square footage to slow by 1%–2% -Gross margin to be between 30.6% and 30.8% -SG&A rate of 20.7%–20.9% -Interest to be $20 million -Tax rate to be 29%–30% -Non-GAAP EPS to be $4.25–$4.60 -Capital expenditure of around $275 million Deckers Outdoor Corporation Announced 5/19/2022 02/03/2022 Company expectations for fiscal 2023: -Net sales to be in the range of $3.45–3.50 billion -Gross margin to be approximately 51.5% -SG&A expenses as a percentage of sales to be approximately 34% -Operating margin to be in the range of 17.5%–18.0% -Effective tax rate to be approximately 22%–23% -Diluted earnings per share to be in the range of $17.40–$18.25 Ross Stores, Inc. Announced 5/19/2022 03/01/2022 Company expectations for the second quarter of fiscal 2022: -Same store sales to decrease in the range of 4%–6% -Earnings per share to be in the range of $0.99–$1.07 Company expectations for fiscal 2022: -Store sales to decline in the range of 2%–4% -Earnings per share to be in the range of $4.34–$4.58 Kohl's Corporation Announced 5/19/2022 03/01/2022 Company expectations for fiscal 2022: -Net sales to grow in the range of 0%–1% -Operating margin to be in the range of 7.0%–7.2% -Earnings per share to be in the range of $6.45–$6.85 BJ's Wholesale Club Holdings, Inc. Announced 5/19/2022 03/03/2022 Company expectations for fiscal 2023: -EPS to be flat year over year Bath & Body Works, Inc. Announced 5/18/2022 02/23/2022 Company expectations for fiscal 2022: -Earnings from continuing operations per diluted share to be in the range of $3.80–$4.15 Company expectations for the second quarter of fiscal 2022: -Earnings from continuing operations per diluted share to be in the range of $0.60–$0.65 The TJX Companies, Inc. Announced 5/18/2022 02/23/2022 Company expectations for the second quarter of fiscal 2022: -US comparable store sales to be (1)% –(3)% -Diluted EPS to be $0.65–$0.69 Company expectations for fiscal 2022: -US comparable store sales to be up 1%–2% -Pretax margin to be 9.2%–9.4% -Adjusted pretax margin to be 9.6%–9.8% -Diluted EPS to be $2.94–$3.01 -Adjusted diluted EPS to be $3.13–$3.20 Target Corporation Announced 5/18/2022 03/01/2022 Company expectations for the second quarter of fiscal 2022: -Operating income margin to be in a wide range centered around the first-quarter operating margin rate of 5.3% Company expectations for fiscal 2022: -Revenue growth to be in the low to mid-single digits -Operating income margin rate to be in a range centered around 6% Lowe's Companies, Inc. Announced 5/18/2022 02/23/2022 Company expectations for fiscal 2022: -Total sales to be $97–99 billion -Comparable sales to be (1)%–1% -Gross margin rate up slightly compared to prior year -Depreciation and amortization to be $1.75 billion -Operating income as a percentage of sales to be 12.8%–13.0% -Interest expense of $1.0–$1.1 billion -Effective income tax rate to be 25% -Diluted EPS to be $13.1–$13.6 -Total share repurchases to be $12 billion -Return on invested capital to be over 36% -Capital expenditures to be $2 billion Burberry Group plc Announced 5/18/2022 07/16/2021 Company expectations for fiscal 2023: -High single-digit revenue growth and significant margin expansion -£159 million ($166.97 million) revenue boost from currency in 2023 Walmart Inc. Revised 5/17/2022 02/17/2022 Company expectations for fiscal 2023: -Consolidated net sales to increase by 4% in constant currency, up from previous guidance of 3% -Consolidated net sales excluding divestitures to increase by 4.5%–5%, up from previous guidance of 4% -Comp sales growth of Walmart US to be 3.5%, up from previous guidance of 3% -Consolidated operating income to decrease to 1% in constant currency, down from previous guidance of a 3% increase -EPS to decrease by about 1%, down from previous guidance of a mid-single-digit increase Company expectations for the second quarter of fiscal 2023: -Consolidated net sales to increase by more than 5% -Comp sales growth ex. fuel for Walmart US to increase by 4%–5% -Consolidated operating income to be flat to up slightly, down from previous guidance of a low to mid-single-digit increase -EPS to be flat to up slightly, down from previously guidance of low to mid-single-digit increase The Home Depot, Inc. Announced 5/17/2022 02/22/2022 Company expectations for fiscal 2022: -Sales growth and comparable sales growth to be 3.0% -Operating margin to be 15.4% -Net interest expense to be $1.6 billion -Tax rate to be 24.6% -Diluted EPS percentage growth to be in the mid-single digits Koninklijke Ahold Delhaize N.V Announced 5/6/2022 02/16/2022 Company expectations for fiscal 2022: -Operating margin to be at least 4% -Ahold Delhaize's Save for Our Customers project to save more than €850 million ($884 million) -Free cash flow to be over €1.7 billion ($1.8 billion) -Net capital expenditures to not exceed €2.5 billion ($2.6 billion) -Dividend payout ratio of 40%–50% and year-over-year increase in dividend per share -Share buyback of €1 billion (just over $1 billion) Under Armour, Inc. Announced 5/6/2022 05/06/2022 Company expectations for fiscal 2023: -Revenue to increase by 5–7% -Gross margin to be down 150–200 basis points -Operating income to be in the range of $375–$400 million -Diluted EPS to be in the range of $0.79–$0.84 -Adjusted diluted EPS to be in the range of $0.63–$0.68 Floor & Decor Holdings, Inc. Revised 5/5/2022 02/24/2022 Company expectations for fiscal 2022: -Net revenues to be in the range of $4.29–$4.38 billion -Sales growth in comparable stores to be in the range of 10.5%–13.0% -Diluted EPS to be in the range of $2.75–$3.00 -Adjusted EBITDA to be in the range of $575–$610 million -The cost of depreciation and amortization to be $151 million -Interest costs to be around $7 million -The tax rate to be around 24% -32 new warehouse-style storefronts and four small design studios to be opened -Capital expenditures to be in the range of $550–$590 million Hanesbrands Inc. Announced 5/5/2022 02/03/2022 Company expectations for the second quarter of fiscal 2022: -Net sales to be in the range of $1.68–$1.73 billion -GAAP operating profit to be in the range of $155–$175 million -Adjusted operating profit from continuing operations to be in the range of $170–$190 million -The midpoint of adjusted operating profit to be approximately 10.5% -Interest and other expenses to be $37 million -An effective tax rate to be approximately 17% on both a GAAP and adjusted basis -GAAP earnings per share from continuing operations to be in the range of $0.28–$0.32 -Adjusted earnings per share from continuing operations to be in the range of $0.32–$0.36 Company expectations for fiscal 2022: -Net sales to be in the range of $7.0–$7.15 billion -GAAP operating profit from continuing operations to be in the range of $780–$850 million -Adjusted operating profit to be in the range of $840–$910 million, which includes a projected headwind of approximately $17 million from changes in foreign currency exchange rates -Tax rate of approximately 17% on both a GAAP and adjusted basis. -GAAP earnings per share from continuing operations to be in the range of $1.50–$1.67 -Adjusted earnings per share from continuing operations to be in the range of $1.64–$1.81 -Cash flow from operations to be $400 million -Capital expenditures to be in the range of $150–$175 million Crocs, Inc. Announced 5/5/2022 02/16/2022 Company expectations for fiscal 2022: -Revenues to be in the range of $918–$957 million, representing a 43%–49% increase -Crocs brand revenue growth to be in the range of 17%–20% in constant currency and 12%–15% in reported currency, implying revenues to be in the range of $718–$737 million on a regular basis -HEYDUDE brand revenues to be in the range of $200–$220 million -Adjusted operating margin to be around 26% Zalando SE Announced 5/5/2022 11/03/2021 Company expectations for fiscal 2022: -GMV growth to be at the low end of 16%–23% -Revenue growth to be at the low end of 12%–19% -Adjusted EBIT to be in the range of €430–€510 million ($454.46–$539.01 million) -Capital expenditure to be between €400– €500 million ($422.76–$528.44 million) Sprouts Farmers Market, Inc Announced 5/4/2022 02/24/2022 Company expectations for fiscal 2022: -Total sales growth to be at the low end of 4.0%–6.0% -Comparable store sales growth to be at the low end of 0.0%–2.0% -Earnings per share to be at the low end of $2.14– $2.24 -Company plans open between 15–20 new stores Company expectations for the second quarter of fiscal 2022: -Comparable stores sales growth to be relatively flat -Diluted earnings per share to be in the range of $0.49–$0.53 CVS Health Corporation Revised 5/4/2022 02/09/2022 Company expectations for fiscal 2022: -GAAP diluted EPS guidance to be in the range of $6.93–$7.13, up from previous guidance of $7.04–$7.24 -Adjusted EPS guidance to be in the range of $8.20–$8.40, up from previous guidance of $8.10–$8.30 -Cash flow from operations to be in the range of $12.0–$13.0 billion Herbalife Nutrition Ltd. Announced 5/3/2022 02/23/2022 Company expectations for the second quarter of fiscal 2022: -Net sales growth to be in the range of (17.5%)–(11.5%) -Adjusted diluted EPS to be in the range of $0.60–$0.80 -Adjusted EBITDA to be in the range of $135–$155 million Company expectations for fiscal 2022: -Net sales growth vs 2021 to be in the range of (10.0%)–(4.0%) -Adjusted diluted EPS to be in the range of $3.50–$4.00 -Adjusted EBITDA to be in the range of $680–$740 million -Capital expenditure to be in the range of $175–$225million Colgate-Palmolive Company Announced 4/29/2022 01/28/2022 Company expectations for fiscal 2022: -Net sales growth to be in the range of 1%–4% -Organic net sales growth to be in the range of 4%–6% -GAAP basis gross profit margin to decline due to increased advertising investment -GAAP basis earnings-per-share growth to be in double digits -Non-GAAP basis gross profit margin to decline due to increased advertising investment -Non-GAAP earnings-per-share to decline to the mid-single-digits Amazon.com, Inc. Announced 4/28/2022 02/03/2022 Company expectations for the second quarter of fiscal 2022: -Net sales to be in the range of $116.0–$121.0 billion, or to grow between 3%–7% -Operating income to be in the range of $(1.0)–$3.0 billion -Prime Day will be in the third quarter of 2022 Puma Se Announced 4/27/2022 02/23/2022 Company expectations for fiscal 2022: -Sales growth of at least 10% -EBIT in the range of €600–€700 million ($630.6–$735.7 million) Skechers U.S.A., Inc. Announced 4/26/2022 02/03/2022 Company expectations for fiscal 2022: -Sales in the range of $7.2–$7.4 billion -Diluted earnings per share in the range of $2.75–$2.95 Company expectations for the second quarter of fiscal 2022: -Sales in the range of $1.75–$1.80 billion -Diluted earnings per share in the range of $0.50–$0.55 Kimberly-Clark Corporation Revised 4/22/2022 02/25/2022 Company expectations for fiscal 2022: -Net sales growth in the range of 2%–4%, up from previous guidance of 1%–2% -Organic sales growth in the range of 4%–6%, up from previous guidance of 3%–4% -Acquisition of Thinx to increase sales slightly -Adjusted operating profit down low to mid-single digits -Adjusted effective tax rate in the range of 22%–24% -Adjusted earnings per share in the range of $5.60–$6.00 Tractor Supply Company Announced 4/21/2022 01/27/2022 Company expectations for fiscal 2022: -Net sales in the range of $13.6–$13.8 billion -Comparable store sales in the range of 3.0%–4.5% -Operating margin in the range of 10.1%–10.3% -Net income in the range of $1.04–$1.08 billion -Earnings per diluted share in the range of $9.20–$9.50 The Procter & Gamble Company Revised 4/20/2022 01/19/2022 Company expectations for fiscal 2022: -Sales growth to be 4%–5%, up from previous guidance of 3%–4% -Organic sales to be 6%–7%, up from previous guidance of 4%–5% -Earnings per share growth to be 3%–6% -Tax rate to be 18%–19% -Capital spending to be 4%–5% of net sales -The company expects to pay out over $8 billion in dividends, repurchase almost $10 billion in common stock and return more than $18 billion in cash to shareholders. Guess?, Inc. Announced 4/13/2022 03/16/2022 Company expectations for fiscal 2023: -Revenue to be $2.7 billion Albertsons Companies, Inc. Announced 4/12/2022 01/11/2021 Company expectations for fiscal 2022: -Identical sales to be in the range of 2%–3% -Adjusted EBITDA to be range of $4.15–$4.25 billion -Adjusted net income per share to be in the range of $2.70–$2.85 -Effective tax rate to be in the range of 23%–24% excluding discrete items -Capital expenditures to be in the range of $2.0–$2.1 billion Levi Strauss & Co. Announced 4/6/2022 01/26/2022 Company expectations for fiscal 2022: -Net revenues to grow 11%–13% and to be in the range of $6.4–$6.5 billion -Adjusted diluted EPS to be in the range of $1.50–$1.56 Five Below, Inc. Announced 3/30/2022 01/10/2022 Company expectations for the first quarter of fiscal 2022: -Net sales to be in the range of $644–$658 million -To open 35 new stores -Comparable sales growth to be approximatly (2)%–0% -Net income to be in the range of $30–$35 million -Diluted income per common share to be in the range of $0.54–$0.62 Company expectations for fiscal 2022: -Net sales to be in the range of $3.16–$3.26 billion -To open 160 new stores -Comparable sales growth to be approximatly 0%–3% -Net income to be in the range of $292–$320 million -Diluted income per common share to be in the range of $5.19–$5.70 RH Announced 3/29/2022 12/08/2021 Company expectations for the first quarter of fiscal 2022: -Net revenue growth to be in the range of 7% –8% -Adjusted operating margin to be in the range of 23.0%–23.5% Company expectations for fiscal 2022: -Net revenue growth to be in the range of 5%–7% -Adjusted operating margin to be in the range of 25.0% –26.0% PVH Corp. Announced 3/29/2022 12/01/2021 Company expectations for the first quarter of fiscal 2022: -Revenue is expected to be relatively flat -Earnings per share to be in a range of $1.55–$1.60 -Net interest expense to decrease to approximately $23 million -Effective tax rate will be in the range of 29%–30% Company expectations for fiscal 2022: -Revenue to increase by 2%–3% -Operating margin to be approximately 10% -Earnings per share to be approximately $9.00 -Net interest expense to decrease to approximately $90 million -Effective tax rate to be in the range of 29%– 30%. Lululemon Athletica Inc. Announced 3/29/2022 01/10/2022 Company expectations for the first quarter of fiscal 2022: - Net revenue to be in the range of $1.525–1.550 billion, representing growth of 24%–26% -Diluted earnings per share to be in the range of $1.38–$1.43 Company expectations for fiscal 2022: -Net revenue to be in the range of $7.490–7.615 billion, representing growth of 20%–22% -Diluted earnings per share to be in the range of $9.15–$9.35 for the year Academy Sports and Outdoors, Inc. Announced 3/29/2022 12/10/2021 Company expectations for fiscal 2022: -Net sales to be in the range of $6.56–6.77 billion -Comparable sales to be in the range of (4)%–(1)% -Income before taxes to be in the range of $780–845 million -Net income to be in the range of $590–640 million -GAAP earnings per share-diluted to be in the range of $6.55–$7.10 -Non-GAAP earnings per share-diluted to be in the range of $6.70–$7.25 -Diluted weighted average shares outstanding to be 90.5 million Petco Health and Wellness Company, Inc. Announced 3/23/2022 03/08/2022 Company expectations for fiscal 2022: -Net revenue to be $6.15–6.25 billion -Adjusted EBITDA to be $630–645 million -Adjusted earnings per share to be $0.97–$1.00 -Capital expenditures to be $275–325 million NIKE, Inc. Announced 3/21/2022 12/20/2021 Company expectations for fiscal 2022: -Revenue to increase by mid-single digits Dollar General Corporation Announced 3/17/20222 12/02/2021 Company expectations for the first quarter of fiscal 2022: -Same-store sales to decline by 2%–1% -Diluted earnings per share to be in the $2.25–$2.35 range Company expectations for fiscal 2022: -Net sales growth to be 10%, including an estimated benefit of approximately 2 percentage points from the 53rd week -Same-store sales growth to be 2.5% -Diluted EPS growth to be 12%–14%, including an estimated benefit of approximately 4 percentage points from the 53rd week -Effective tax rate to be 22.5%–23.0% -Share repurchases to be approximately $2.75 billion -Capital expenditures to be $1.4–1.5 billion -The company will complete 2,980 real estate projects in fiscal year 2022, including 1,110 new store openings, 1,750 remodels and 120 store relocations. Signet Jewelers Limited Announced 3/17/20222 01/20/2022 Company expectations for the first quarter of fiscal 2023: -Total revenue to be in the range of $1.78–1.82 billion -Operating income to be in the range of $177–186 million Company expectations for fiscal 2023: -Total revenue to be in the range of $8.03–8.25 billion -Operating income to be in the range of $921–974 million -Earnings per share to be in the range of $12.28–$13.00 Williams-Sonoma, Inc. Announced 3/16/2022 Company expectations for fiscal 2022: -Operating margins to be in line with those of fiscal year 2021 -Annual net sales growth to be in the mid-to-high-single digits Guess?, Inc. Announced 3/16/2022 Company expectations for the first quarter of fiscal 2023: -Revenues to be up in the low-teens Company expectations for fiscal 2023: -Revenues to be up in the low-single digits -Operating margin to reach approximately 10.5% Ulta Beauty, Inc. Announced 3/10/2022 12/02/2021 Company expectations for fiscal 2022: -Net sales to be in the range of $9.05–9.15 billion -Comparable sales to be 3%–4% -50 new stores to open and 35 stores to be remodeled or relocated -Operating margin to be 13.7%–14.0% -Diluted EPS to be $18.20–$18.70 -Share repurchases to be approximately $900 million -Effective tax rate to be approximately 24.5% -Capital expenditures to be $375–425 million -Depreciation and amortization expenses to be $250–255 million Capri Holdings Limited Announced 3/9/2022 02/02/2022 Company expectations for fiscal 2022: -Total revenue to be $5.56 billion -Operating margin to be 19% -Diluted EPS to be $6.00 Company expectations for fiscal 2023: -Total revenue to be $6.1 billion -Operating margin to be 19% -Diluted EPS to be $6.60 DICK's Sporting Goods, Inc. Announced 3/8/2022 11/23/2021 Company expectations for fiscal 2022: -Diluted EPS to be $9.96–$11.13 -Non-GAAP diluted EPS to be $11.70–$13.10. -Consolidated same-store sales to be in the (4)%–flat range -Capital expenditures to be $400–425 million on a gross basis and to be $340–365 million on a net basis Petco Health and Wellness Company, Inc. Announced 3/8/2022 11/18/2021 Company expectations for fiscal 2022: -Net revenue to be in the range of $6.15–6.25 billion -Adjusted EBITDA to be in the range of $630–645 million -Adjusted EPS to be in the range of $0.97–$1.00 -Capital expenditures to be in the range of $275–325 million -Adjusted EPS projection anticipates $76 million in interest expenses -Weighted average diluted share count to be 267 million The Gap, Inc. Announced 3/3/2022 11/23/2021 Company expectations for fiscal 2022: -Diluted EPS to be $1.95–$2.15 -Adjusted diluted EPS to be in the $1.85–$2.05 range -Revenue growth to be in low single digits compared to fiscal 2021 -Operating margin to be 6.3%–6.8% on a reported basis and 6.0%–6.5% on an adjusted basis -Net interest expense to be around $70 million -Capital expenditures to be around $700 million -Gap to open 30–40 Old Navy and Athleta stores each in North America, and to close 50–60 Gap and Banana Republic stores in North America as part of its 350-store closure plan The Kroger Co. Announced 3/3/2022 12/02/2021 Company expectations for fiscal 2022: -Identical sales growth rates, excluding fuel, to be 2.0%–3.0% -Adjusted EPS to be $3.75–$3.85 -Adjusted FIFO operating profit to be $4.2–4.3 billion Best Buy Co., Inc Announced 3/3/2022 11/23/2021 Company expectations for fiscal 2023: -Revenue to be in the range of $49.3–50.8 billion -Comparable sales to decline by 1.0%–4.0% -Enterprise non-GAAP operating income rate to be approximately 5.4% -Share repurchases to be approximately $1.5 billion -Non-GAAP diluted EPS to be in the range of $8.85–$9.15 Company expectations for fiscal 2025: -Enterprise revenue to be in the range of $53.5–56.5 billion -Enterprise non-GAAP operating income rate to be in the range of 6.3%–6.8% -Enterprise non-GAAP operating income to be in the range of $3.4–$3.8 billion BJ's Wholesale Club Holdings, Inc. Announced 3/3/2022 03/05/2020 Company expectations for fiscal 2022: -Merchandise comparable club sales to increase in the low single digits -Net sales to increase in the mid-single digits -Membership fee income to grow in the mid-single digits -Merchandise margins to remain flat year on year -The excess gas margin of roughly $40 million owing to market conditions in 2021 to unwind -EPS to stay flat year over year due to pending Burris asset acquisition -The Burris acquisition will be complete in the second quarter and generate approximately $0.07 in EPS Big Lots, Inc. Announced 3/3/2022 12/03/2021 Company expectations for the first quarter of fiscal 2022: -Diluted earnings per share to be in the range of $1.10–$1.20 - Comparable sales to increase by 10% from the first quarter of 2019 -Gross margin rate to decrease by about 50 basis points due to higher-than-expected freight charges Company expectations for fiscal 2022: -Comparable sales and gross margin rates to be roughly flat with the prior year -Operating expenses deleveraging modestly owing to inflationary effects and growth-related investments American Eagle Outfitters, Inc. Announced 3/2/2022 01/11/2022 Company expectations for fiscal 2022: -Operating profit to be $550-600 million -There is a chance of a decline in net income in the first half, followed by a rebound in the second half as a result of elevated air freight due to manufacturing closures and inventory flow issues last year. Dollar Tree, Inc. Announced 3/2/2022 11/23/2021 Company expectations for the first quarter of fiscal 2022: -Net sales to be $6.63–6.78 billion -Diluted earnings per share to be $1.95–$2.10 Company expectations for fiscal 2022: -Consolidated net sales to be $27.22–27.85 billion, based on a low-to-mid single-digit increase in same-store sales and a 2.8% increase in selling square footage -Earnings per share diluted to $7.60–$8.00 -The company plans to open 590 new stores and refurbish 800 existing Family Dollar locations. The new stores are scheduled to include 190 Dollar Tree locations and 400 Family Dollar locations. Roughly 350 of the new Family Dollar locations will be Combo Stores. -The company also plans to expand its $3 and $5 assortment to more than 1,500 Dollar Tree stores. Ross Stores, Inc. Announced 3/1/2022 11/18/2021 Company expectations for the first quarter of fiscal 2022: -Comparable store sales to be down 2%–4% on top of a 13% gain in the same quarter last year -Earnings per share to be in the range of $0.93–$0.99 versus $1.34 last year due to larger headwinds from higher freight and wage costs Company expectations for fiscal 2022: -Comparable store sales to be flat to up 3% versus a 13% gain last year -Earnings per share to be $4.71–$5.12 compared to $4.87 last year Nordstrom, Inc. Announced 3/1/2022 11/23/2021 Company expectations for fiscal 2022: -Revenue to grow 5%–7% year over year, including retail sales and credit card revenue -EBIT margin to be 5.6%–6.0% of sales -Earnings per share to be $3.15– $3.50, excluding the impact of share repurchase activities Kohl's Corporation Announced 3/1/2022 11/18/2021 Company expectations for fiscal 2022: -Net sales to increase by 2%–3% -Operating margin to be 7.2%–7.5% -Earnings per share to be $7.00 –$7.50 Target Corporation Announced 3/1/2022 11/17/2021 Company expectations for fiscal 2022: -Revenue growth to be in the low to mid-single digits -Operating margin rate to be 8% or higher -Operating margin dollars to increase by low to mid-single digits -Adjusted earnings per share growth to be in the high-single digits Company expectations for the first quarter of fiscal 2022: -Operating margin rate to be favorable in comparison to past performance but significantly lower than the 9.8% recorded in the same quarter of fiscal 2021 Company expectations for fiscal 2023: -Total revenue growth to be in the mid-single digits -Operating income growth to be in the mid-single digits -Adjusted earnings per share growth to be in the high-single digits -Capital expenditure to be $4–5 billion -After-tax return on invested capital to be in the high 20%–30% range Qurate Retail, Inc. Announced 2/25/2022 - Company expectations for fiscal 2022: -Net sales to be negatively impacted as a result of lost inventory as well as increased warehouse and logistics costs Foot Locker, Inc. Announced 2/25/2022 11/19/2021 Company expectations for fiscal 2022: -Sales change to be down 4%–6% -Comparable sales growth to be down 8%–10% -Square footage growth to be down 1%–2% -Gross margin to be 30.1%–30.3% -SG&A rate to be 20.2%–20.4% -D&A to be around $210 million -Interest to be around $22 million -Tax rate to be around 28.7% -Non-GAAP EPS to be $4.25–$4.60 -Capital expenditure to be up to $275 million Carter's, Inc. Announced 2/25/2022 10/29/2021 Company expectations for the first quarter of fiscal 2022: -Net sales to be $740– 750 million -Adjusted operating income to be $85–90 million -Adjusted diluted earnings per share to be $1.25–$1.35 Company expectations for the first half of fiscal 2022: -Net sales to be $1.55–1.565 billion -Adjusted operating income to be $195–205 million -Adjusted diluted earnings per share to be $3.05–$3.25 Company expectations for fiscal 2022: -Net sales to increase by 2%–3% -Adjusted operating income to increase by 4%–6% -Adjusted diluted earnings per share to increase by 12%–14% Floor & Decor Holdings, Inc. Announced 2/24/2022 Company expectations for fiscal 2022: -Net sales to be $4.285–4.375 billion -Comparable store sales growth to be 10.5%–13.0% -Diluted EPS to be $2.75–$3.00 -Adjusted EBITDA to be $575–610 million -Depreciation and amortization expense to be approximately $151 million -Interest expense to be approximately $7 million -Tax rate to be approximately 24% -32 new warehouse-format stores and four small design studios to be opened -Capital expenditures to be $550–590 million Sprouts Farmers Market, Inc. Announced 2/24/2022 11/04/2021 Company expectations for the first quarter of fiscal 2022: -Comparable store sales growth to be 0.0%–2.0% -Adjusted diluted earnings per share to be $0.69–$0.73 Company expectations for fiscal 2022: -Net sales growth to be 4.0%–6.0% -Unit expansion of 15–20 new stores -Comparable store sales growth to be 0.0%–2.0% -Adjusted EBIT to be $330–345million -Adjusted diluted earnings per share to be $2.14– $2.24 -Effective tax rate to be approximately 25% -Capital expenditures to be $150–170 million Herbalife Nutrition Ltd. Announced 2/24/2022 11/02/2021 Company expectations for the first quarter of fiscal 2022: -Volume point growth vs. 2021 to be (9.5)%–(3.5)% -Net sales growth vs. 2021 to be (10.0)%–(4.0)% -Adjusted diluted EPS to be $0.80–$1.00 -Adjusted EBITDA to be $165–$185 Company expectations for fiscal 2022: -Volume point growth vs. 2021 to be (2.0)%–4.0% -Net sales growth vs. 2021 to be 0.0%–6.0% -Adjusted diluted EPS to be $4.25–$4.75 -Adjusted EBITDA to be $785–$845 -Capital expenditure to be $175–$225 Bath & Body Works, Inc. Announced 2/24/2022 01/06/2022 Company expectations for the first quarter of fiscal 2022: -Earnings per share from continuing operations to be in $0.47–$0.55 Company expectations for fiscal 2022: -Earnings per share from continuing operations to be $4.30–$4.70 The TJX Companies, Inc. Announced 2/23/2022 02/24/2021 Company expectations for the first quarter of fiscal 2023: -Comparable store sales to be up 1%–3% -Diluted earnings per share to be $0.58–$0.61 Company expectations for fiscal 2023: -Comparable store sales to be up 3%–4% Lowe's Companies, Inc. Announced 2/23/2022 12/15/2021 Company expectations for fiscal 2022: -Total sales to be $97–99 billion -Comparable sales to be (1)% –1% -Gross margin rate to be up slightly -Depreciation and amortization to be $1.75 billion -Operating margin to be 12.8%–13.0% -Interest expense to be $1.0–$1.1 billion -Effective income tax rate to be 25% -Diluted earnings per share to be $13.10–13.60 -Total share repurchases to be approximately $12 billion -Capital expenditures to be approximately $2 billion Macy's, Inc. Announced 2/22/2022 11/18/2021 Company expectations for fiscal 2022: -Net sales to be in the range of $24.460–$24.700 billion -Net sales to be flat to up 1.0% growth versus 2021 -Comparable owned plus licensed sales three-year CAGR to be 1.1%–1.4% -Adjusted EBITDA as a percent of sales to be 11.0%–11.5% -Adjusted diluted earnings per share to be $4.13–$4.52 The Home Depot, Inc. Announced 2/22/2022 02/25/2020 Company expectations for fiscal 2022: -Sales and comparable sales growth to be positive -Operating margins to be approximately flat -Tax rate to be 24.6% -Diluted earnings per share to be in the low single digits Walmart Inc. Announced 2/17/2022 11/16/2021 Company expectations for fiscal 2023: -Consolidated net sales to increase about 3% on a constant currency basis -Comp sales growth excluding fuel for Walmart US to be slightly above 3% -Consolidated operating income to increase about 3% on a constant currency basis -Effective tax rate to be in the range of 25%–26% -EPS growth to be in the mid single-digits -Capital expenditures to be in the upper end of the 2.5%–3% range Reckitt Benckiser Group PLC Announced 2/17/2022 08/27/2021 Company expectations for fiscal 2022: -Net revenue is expected to grow in the range of 1%–4% -Adjusted operating margins to be around of 22.9% -Like-for-like net revenue growth to be in the mid single-digits Crocs, Inc. Announced 2/16/2022 01/10/2022 Company expectations for the first quarter of fiscal 2022: -Revenues to be in the range of $605–$630 million -Excluding HEYDUDE, Crocs brand revenues to be in the range of $520–$535 million -Organic growth to be in the range of 13%–16% -Adjusted operating margin to be around 22% -Non-GAAP adjustments of $30 million in SG&A costs, principally linked to the HEYDUDE acquisition Company expectations for fiscal 2022: -Crocs revenue, excluding HEYDUDE, to grow around 20% -HEYDUDE's revenue is expected to reach between $700–$750 million -Gross margin to include an incremental $75 million of air freight in the first half of 2022 -The adjusted operating margin to be roughly 26% -The combined GAAP tax rate to be approximately 25% -Non-GAAP effective tax rate to be around 22% -Adjusted diluted earnings per share to be in the range of $9.70–$10.25 -Capital expenditures to be in the range of $170–$200 million Koninklijke Ahold Delhaize N.V. Announced 2/16/2022 02/17/2021 Company expectations for fiscal 2022: -The operating margin is expected to be at least 4.0 % -Underlying EPS is likely to fall by the low to mid single-digits -The free cash flow will be around €1.7 billion ($1.93 billion) -Net capital expenditures will be around €2.5 billion ($2.84 billion) -Full-year dividend to be €0.95 ($1.08) per share -Share repurchase expenditure to be €1 billion ($1.14 billion) Under Armour, Inc. Announced 2/11/2022 11/02/2021 Company expectations for the first quarter of fiscal 2022: -Revenue to grow by mid-single digits -Gross margin to be down 200 basis points -Operating income to be $30–35 million -Diluted earnings per share to be $0.02–$0.03 Tapestry, Inc. Revised 2/10/2022 08/19/2021 Company expectations for fiscal 2022: -Revenue to be $6.75 billion, up from the previous forecast of $6.6 billion -Net interest expense to be $60–65 million -Tax rate to be 18.5% -Weighted average diluted share count to be 274 million -Earnings per diluted share to be in the range of $3.60–$3.65, up from previous guidance of $3.4–$3.50 CVS Health Corporation Revised 2/9/2022 01/11/2022 Company expectations for fiscal 2022: -GAAP diluted EPS from continuing operations to be $7.04–$7.24 -Adjusted EPS to be $8.10–$8.30 -Cash flow from operations to be $12.0–13.0 billion, from previous guidance of $12.5–13.0 billion The Clorox Company Announced 2/3/2022 11/01/2021 Company expectations for fiscal 2022: -Net sales to decline by 1%–4% -Gross margin to decline by around 750 basis points -Diluted EPS to be $3.80–$4.05, representing a decrease of 32%–27% -Adjusted EPS to be $4.25–$4.50, representing a decrease of 41%–38% -Company's investment in long-term strategic digital capabilities to be around $90 million -Effective tax rate to be 22%–23% Columbia Sportswear Company Announced 2/3/2022 10/28/2021 Company expectations for fiscal 2022: -Net sales to be $3.63–3.69 billion, representing a rise of 16%–18% -Operating income to be in the range of $472–498 million, with an operating margin of 13.0%–13.5% -Diluted EPS to be $5.50–$5.80 Deckers Outdoor Corporation Announced 2/3/2022 10/28/2021 Company expectations for fiscal 2022: -Net sales to be $3.03–3.06 billion -Gross margin to be around 51.5% -SG&A expenses as a proportion of sales to be around 34.0% -Operating margin to be around 17.5% -Effective tax rate to be around 21.5% -Diluted EPS to be $14.50–$15.15 Skechers U.S.A., Inc Announced 2/3/2022 10/28/2021 Company expectations for the first quarter of fiscal 2022: -Net sales to be $1.675–1.725 billion -Diluted EPS to be $0.70–$0.75 Company expectations for fiscal 2022: -Sales to be in the range of $7.0–7.2 billion -Diluted EPS to be $2.70–$2.90 Amazon.com, Inc. Announced 2/3/2022 10/28/2021 Company expectations for the first quarter of fiscal 2022: -Net sales to be $112.0–117.0 billion, representing growth of 3%–8% -Operating income to be $3.0–$6.0 billion Ralph Lauren Corporation Announced 2/3/2022 11/02/2021 Company expectations for the fourth quarter of fiscal 2022: -Revenues to increase in the range of 17%–18% -Operating margin to be approximately 4.2% -Tax rates to be in the range of 21%–22% Ralph Lauren Corporation Revised 2/3/2022 11/02/2021 Company expectations for fiscal 2022: -Revenue growth to be around 39%–41%, compared to its previous forecast of 34%–36% growth -Operating margin to be about 13%, up from a previous range of 12%–12.5% -Gross margin to rise 70–90 basis points, up from previous guidance of 50–70 basis points Hanesbrands Inc. Announced 2/3/2022 11/04/2021 Company expectations for the first quarter of fiscal 2022: -Net sales from continuing operations to be in the range of $1.51– $1.57 billion -GAAP operating profit from continuing operations to be in the range of $120–$150 million -Adjusted operating profit from continuing operations to be in the range of $135–$165 million -Interest and other expenditures to be around $35 million -Effective tax rate to be around 17% -GAAP profits per share from continuing operations to be in the range of $0.20–$0.27 -Earnings per share from ongoing operations to be in the range of $0.24–$0.31 The Estée Lauder Companies Inc Announced 2/3/2022 11/02/2021 Company expectations for the third quarter of fiscal 2022: -Net sales to rise in the range of 10%–12% -Diluted net earnings per common share to to be in the range of $1.51–$1.63 -Adjusted diluted earnings per common share on a constant currency basis to be in the range of (5%)–1% Company expectations for fiscal 2022: -Net sales to grow in the range of 13%–16% -Diluted net earnings per common share to be in the range of $7.28–$7.48 -Adjusted diluted net earnings per common share is expected to be in the range of $7.43–$7.58 -Adjusted diluted profits per common share to grow in the range of 14–17% Capri Holdings Limited Announced 2/2/2022 11/03/2021 Company expectations for the first quarter of fiscal 2023: -Revenue to be around $1.35 billion -Adjusted operating margin to be around 18.5% -Adjusted EPS to be around $1.45 Company expectations for the second quarter of fiscal 2023: -Revenue to be around $1.45 billion -Adjusted Operating margin to be around 18.0% -Adjusted EPS to be around $1.60 Company expectations for the third quarter of fiscal 2023: -Revenue to be around $1.75 billion -Adjusted operating margin to be around 23.5% -Adjusted EPS to be around $2.50 Company expectations for the fourth quarter of fiscal 2023: -Revenue to be around $1.55 billion -Adjusted operating margin to be around 15.0% -Adjusted EPS to be around $1.05 Capri Holdings Limited Announced 2/2/2022 11/03/2021 Company expectations for the fourth quarter of fiscal 2022: -Total revenue to be around $1.4 billion -Operating margin to be around 13.5% -Net interest income to be around $5 million -Effective tax rate to be around 38% -Weighted average diluted shares outstanding to be around 151 million -Diluted earnings per share to be around $0.80 -For Versace, -Total revenue to be around $310 million -Operating margin to be around 15% -For Jimmy Choo, -Total revenue to be around $140 million -Operating margin to be around (10)% -For Michael Kors, -Total revenue to be around $950 million -Operating margin to be around 20% Company expectations for fiscal 2022: -Total revenue to be around $5.56 billion -Operating margin to be around 19% -Net interest income to be around $17 million -Effective tax rate to be around 14% -Weighted average diluted shares outstanding to be around 153 million -Diluted earnings per share to be around $6.00 -For Versace, -Total revenue to be around $1.08 billion -Operating margin to be around 17% -For Jimmy Choo, -Total revenue to be around $600 million -Operating margin to be around 2% -For Michael Kors, -Total revenue to be around $3.88 billion -Operating margin to be around 25% V.F. Corporation Announced 1/28/2021 10/22/2021 Company expectations for fiscal 2022: -Revenue to be $11.85 billion, representing a 28% increase -Outdoor revenue to grow 26%–28% -Active revenue to grow 31%–33% -Work revenue to grow 19%–21% -International revenue to grow 22%–24% -EMEA region revenue to grow 28%–30% -Asia Pacific region revenue to grow 7%–9% -Revenue in the Americas (non-US) region to grow 33%–35% -Direct-to-consumer revenue to grow 32%–34% -Digital revenue growth to be greater than 15% -Adjusted gross margin to be at least 55% -Adjusted operating margin to increase by at least 500 basis points to at least 13% -Adjusted earnings per share to be around $3.20 -Adjusted cash flow from operations to be around $1.0 billion -Effective tax rate to be approximately 14% -Capital expenditures to be around $350 million Tractor Supply Company Announced 1/27/2022 10/21/2021 Company expectations for fiscal 2022: -Net sales in the range of $13.6–13.8 billion -Comparable store sales in the range of 3.0%–4.5% -Operating margin rate in the range of 10.1%–10.3% -Net income in the range of $1.04–1.08 billion -Earnings per diluted share in the range of $9.20–$9.50 -Effective tax rate in the range of 22.6%–23.1% -Capital expenditures in the range of $625–675 million -Share repurchases in the range of $700–800 million Tesco PLC Announced 1/13/2022 01/13/2022 Company expectations for fiscal 2022: -Retail operating profit to be slightly higher than the top end of the previous range of £2.5–2.6 billion ($3.4–3.6 billion), as a result of stronger-than-expected sales to date -Bank operating profit to be £160–200 million ($219–274 million) as a result of the effect of more favorable economic expectations American Eagle Outfitters Announced 1/11/2022 04/14/2021 Company expectations for the fourth quarter of fiscal 2021: -Revenue to increase by a mid-to-high teens rate -Operating income to be in the range of $90–100 million American Eagle Outfitters Revised 1/11/2022 04/14/2021 Company expectations for fiscal 2023: -Revenue to be $5.8 billion, up from previous guidance of $5.5 billion -Operating income to be $800 million, up from previous guidance of $550 million -Operating margin to be 13.5%, up from previous guidance of 10% -Aerie revenue to increase at a compound annual growth rate of 20% from fiscal 2019 to fiscal 2023, reaching $2.2 billion -American Eagle sales to be up slightly higher than fiscal 2019, at over $3.6 billion, due to increased profitability Albertsons Companies, Inc. Revised 1/11/2022 10/18/2021 Company expectations for fiscal 2021: -Identical sales to be (0.8)%–(1.2)%, up from previous guidance of (2.5)%–(3.5)% -Adjusted EBITDA to be $4.25–4.30 billion, up from previous guidance of $3.95–4.05 billion -Adjusted net income per Class A common share to be $2.90–$2.95, up from previous guidance of $2.50–$2.60 -Effective tax rate to be 22.5%–23.5%, down from previous guidance of 23%–24% -Capital spending to be $1.8–1.9 billion, down from previous guidance of $1.9–2.0 billion CVS Health Corporation Revised 1/11/2022 11/18/2021 Company expectations for fiscal 2021: -Total revenues to be at least $290.3 billion, up from previous guidance of $286.5–290.3 billion -GAAP diluted EPS to be $5.50–$5.61, up from previous guidance of $5.46–$5.67 -Adjusted operating income be at least $16.6 billion, up from previous guidance of $16.4–16.6 billion -Adjusted EPS to be at least $8.00, up from previous guidance of $7.90–$8.00 -Cash flow from operations be at least $13.5 billion, up from previous guidance of $13.0–13.5 billion CVS Health Corporation Announced 1/11/2022 11/18/2021 Company expectations for fiscal 2022: -Revenue to be $304.0–309.0 billion -GAAP diluted EPS to be $7.04–$7.24 -Adjusted operating income to be $16.7–17.1 billion -Adjusted EPS to be $8.10–$8.30 -Cash flow from operations to be $12.5–13.0 billion Five Below, Inc. Announced 1/10/2022 12/01/2021 Company expectations for the fourth quarter of fiscal 2021: -Net sales to be $985–1,005 million -Comparable sales to grow 2%–4% -Diluted income per common share to be $2.36–$2.48 -Outstanding diluted weighted average shares to be around 56.4 million Company expectations for fiscal 2021: -Net sales to be $2.84–2.86 billion -Comparable sales to grow around 30% -Diluted income per common share to be $4.82–$4.94 -Outstanding diluted weighted average shares to be around 56.4 million Lululemon Athletica Inc. Announced 1/10/2022 08/08/2021 Company expectations for the fourth quarter of fiscal 2021: -Net revenue to be around the low end of previous guidance of $2.125–2.165 billion -Adjusted diluted earnings per share to be toward the low end of previous guidance of $3.25–$3.32 Bath & Body Works, Inc. Revised 1/6/2022 11/17/2021 Company expectations for the fourth quarter of fiscal 2021: -Earnings per share will be at the high end of the company's previous estimate of $2.10–$2.25 Next plc Revised 1/6/2022 11/03/2021 Company expectations for fiscal 2022: -Full-price sales to be £4.3 billion ($4.86 billion), up from previous guidance of £4.2 billion ($4.74 billion) -Group profit before tax to be £822 million ($928.90 million), up from previous guidance of £800 million ($905.4 million) -Basic profit per share to be £5.3 ($7.163), up from previous guidance of £5.17 ($7.034) Company expectations for fiscal 2023: -Full-price sales to be £4.6 billion ($5.20 billion) -Profit before tax to be £860 million ($971.84 million ) -Basic earnings per share of £5.34 ($7.214) Vipshop Holdings Limited Revised 12/27/2021 11/18/2021 Company expectations for the fourth quarter of fiscal 2021: -Net revenue to be ¥34.0–35.8 billion ($5.34–5.62 billion), representing year-over-year growtth of (5)% to flat NIKE, Inc. Factored for impact of Covid-19 12/20/2021 06/24/2021 Company expectations for the third quarter of fiscal 2022: -Revenue to grow by low-single digits in percentage terms versus the prior year Company expectations for fiscal 2022: -Revenue to grow by mid-single digits in percentage terms versus the prior year -Gross margin to increase by 150 basis points versus the prior year -Effective tax rate to be in the low teens in percentage terms Boohoo Group plc Revised 12/16/2021 08/30/2021 Company expectations for fiscal 2022: -Net sales growth to be in the range of 12%–14%, compared to the previous guidance range of 20%–25% -Adjusted EBITDA margin to be in the range of 6%–7%, compared to the previous guidance range of 9%–9.5% -Cash-exceptional items to total around £33 million ($44.5 million), compared to the previous guidance of £22.5 million ($33.3 million) Lowe's Companies, Inc. Factored for impact of Covid-19 12/15/2021 11/17/2021 Company expectations for fiscal 2021: -Total sales to be $95 billion, representing a two-year comparable sales increase of 33% -Gross margin rate to be 33.1% -Operating income as a percentage of sales to be 12.4% -Total share repurchases of $12 billion with a return on investment of over 33% Company expectations for fiscal 2022: -Total sales to range from $94–97 billion -Total sales increased by nearly $1.0–1.5 billion in the 53rd week of fiscal 2022 -Comparable sales to be in the range of (3)%-0% -Gross margin growth rate to be flat -Depreciation and amortization to be approximately $1.7 billion -Operating margin to be 12.5%–12.8% -Interest expense to be $1.0–1.1 billion -Tax rate to be 25% -Diluted earnings per share to be in the range of $12.25–$13.00 -Total share repurchases of approximately $12 billion -Return on invested capital to be approximately 35% RH Factored for impact of Covid-19 12/8/2021 09/08/2021 Company expectations for fiscal 2021: -Revenue to grow 32%–33%, up from previous guidance of 31%–33% -Adjusted operating margins to be in the range of 25.3%–25.5%, up from previous guidance of 24.9%–25.5% Rent the Runway, Inc. Factored for impact of Covid-19 12/8/2021 Company expectations for the fourth quarter of fiscal 2021: -Revenue to be in the range of $62.8–63.3 million -Adjusted EBITDA margin of (8)% Company expectations for fiscal 2021: -Revenue to be in the range of $202.0–202.5 million -Adjusted EBITDA margin of (9)% Stitch Fix, Inc. Factored for impact of Covid-19 12/7/2021 09/21/2021 Company expectations for the second quarter of fiscal 2022: -Net revenue to be in the range of $505–520 million -Net revenue growth to be in the range of 0%–3% -Adjusted EBITDA to be in the range of ($5)–5 million Company expectations for fiscal 2022: -Net revenue to grow at a high single-digit rate -Adjusted EBITDA margin to be in the range of 1%–2% Big Lots, Inc. Factored for impact of Covid-19 12/3/2021 08/31/2021 Company expectations for the fourth quarter of fiscal 2021: -Diluted earnings per share to be in the range of $2.05–$2.20 -Gross margin to be down approximately 150 basis points Company expectations for fiscal 2021: -Comparable sales to decrease in the low single-digits -Diluted earnings per share to be in the range of $5.70–$5.85 Ulta Beauty, Inc. Revised 12/2/2021 08/25/2021 Company expectations for fiscal 2021: -Net sales to be $8.5–8.6 billion, up from previous guidance of $8.1–8.3 billion -Comparable sales to grow 36%–37%, up from previous guidance of 30%–32% -Remodel and relocation projects down from 18 to 17 -Operating margin to be 14.3%–14.5%, up from previous guidance of 13% -Diluted earnings per share to be in the range of $16.70–$17.10, up from previous guidance of $14.50–$14.70 -Effective tax rate to be 24.4%, down from previous guidance of 24.8% -Capital expenditures to be $200–225 million, down from previous guidance of $225–250 million Ollie's Bargain Outlet Holdings Inc. Factored for impact of Covid-19 12/2/2021 08/26/2021 Company expectations for fiscal 2021: -Net sales to be in the range of $1.762–$1.772 billion -Comparable store sales to grow in the range of 3.5%–4.0% as compared to fiscal 2019 -Gross margin rate to be in the range of 38.6%–38.8% -Adjusted net income to be in the range of $150–153 million -Adjusted net income per diluted share to be in the range of $2.30–$2.35 The Kroger Co. Factored for impact of Covid-19 12/2/2021 03/04/2021 Company expectations for fiscal 2021: -Comparable sales stack on an adjusted basis to grow in the range of (0.4)%–(0.2)%. -Earnings per share on an adjusted basis to grow in the range of $3.40–$3.50 -Operating profit on an adjusted basis to be in the range of 22.1%–22.5% -Comparable sales stack on a two-year basis to be in the range of 13.7%–13.9%. - Earnings per share on a two-year basis to grow in the range of 25%–26%. -Operating profit on a two-year basis to be in the range of 17%–18.4% Dollar General Corporation Revised 12/2/2021 08/26/2021 Company expectations for fiscal 2021: -Net sales growth of 1.0%–1.5%, compared to the 0.5%–1.5% previously forecast -Diluted EPS to be in the range of $9.90–$10.20, reflecting a compound annual growth rate of 22%–24% compared to its previous projection in the range of $9.60–$10.20 over a two-year period -Effective tax rate of around 22%, compared to a range of 22%–22.5% previously -Capital expenditures to be in the range of $1.1–1.2 billion -Open 1,050 new stores, remodel 1,750 stores and relocate 100 stores -Share repurchses to be $2.4 billion Five Below, Inc. Factored for impact of Covid-19 12/1/2021 09/01/2021 Company expectations for the fourth quarter of fiscal 2021: -Net sales to be in the range of $985–$1,005 million -Comparable sales to grow 2%–4% -Net income to be $133–140 million -Diluted income per common share to be in the range of $2.36–$2.48 Company expectations for fiscal 2021: -Comparable sales to grow 30% -Net sales to be in the range of $2.83–2.85 billion -Net income to be in the range of $272–279 million -Diluted weighted average shares outstanding to be around 56.4 million -Diluted income per common share to be in the range of $4.82–$4.94 PVH Corp. Revised 12/1/2021 08/31/2021 Company expectations for fiscal 2021: -Revenue to grow 27%–28% -On a GAAP basis earnings per share to be around $10.75, compared to $(15.96) in 2020 -Non-GAAP earnings per share to be around $9.25, compared to $(1.97) in 2020 -On a GAAP basis, net interest expense to drop to around $105 million in 2021, down from $121 million in 2020 -On a GAAP basis, effective tax rate to be in the range of 7.5%–8.5% -On a non-GAAP basis, effective tax rate to be in the range of 16%–17% PVH Corp. Factored for impact of Covid-19 12/1/2021 08/31/2021 Company expectations for the fourth quarter of fiscal 2021: -Revenue to rise by 11%–14% -On a GAAP basis, earnings per share to be around $3.00, up from $(0.81) in the prior-year period -On a non-GAAP basis, earnings per share to be around $1.94, up from $(0.38) in the prior-year period -Effective tax rate on a GAAP basis will be in the range of (190)%–(230)% -Effective tax rate on a non-GAAP basis will be in the range of (85)%–(115)%. This includes an estimated discrete tax benefit to be recorded in the fourth quarter resulting from a tax accounting method change made in conjunction with its 2020 US federal income tax return. Guess?, Inc. Revised 11/23/2021 08/25/2021 Company expectations for the fourth quarter of fiscal 2021: -Revenues will be down mid-single digits compared to the fourth quarter of fiscal 2020 -Operating margin of 13.1% Company expectations for fiscal 2021: -Revenues will be down low-single digits compared to fiscal 2020 -Operating margin of 11.0% The Gap, Inc. Factored for impact of Covid-19 11/23/2021 08/26/2021 Company expectations for fiscal 2021: -Net sales to grow by around 20% -Diluted earnings per share to be in the range of $0.45–$0.60 -Net interest expense of $163 million, versus previous estimate of $47 million -Operating margin to be around 4.5% -Adjusted operating margin to be around 5% -Tax rate to be approximately 23%. -Adjusted effective tax rate of around 26% -Capital expenditures to be around $800 million Nordstrom, Inc. Factored for impact of Covid-19 11/23/2021 08/24/2021 Company expectations for fiscal 2021: -Retail sales and credit card revenues to grow more than 35% -EBIT margin to be approximately 3.0%–3.5 % of sales -Income tax rate to be approximately 27% -Leverage ratio to be approximately 3x by year-end Dick's Sporting Goods, Inc. Factored for impact of Covid-19 11/23/2021 08/25/2021 Company expectations for fiscal 2021: -Net sales to be in the range of $12.12–12.19 billion -Consolidated same-store sales to be in the range of 24.0%–25.0% -Income before income taxes to be in the range of $1.86–1.89 billion -Income as a percentage of net sales to be in the range of 15.3%–15.5% -Income before income taxes, non-GAAP to be in the range of $1.89–1.92 billion -Income before income taxes, non-GAAP as a percentage of net sales to be in the range of 15.6%–15.8% -Earnings per diluted share to be in the range of $12.88–$13.06 -Earnings per diluted share, non-GAAP to be in the range of $14.60–$14.80 -Weighted average diluted shares to be 110.5 million -Non-GAAP weighted average diluted shares to be 99 million -Gross capital expenditures to be in the range of $370–395 million -Net capital expenditures to be in the range of $300–325 million Dollar Tree, Inc. Factored for impact of Covid-19 11/23/2021 08/26/2021 Company expectations for the fourth quarter of fiscal 2021: -Net sales will range from $7.02–7.18 billion, -Same-store sales to grow by low single digits -Diluted earnings per share to be in the range of $1.69–$1.79 Company expectations for fiscal 2021: -Net sales to range from $26.25–26.41 billion, -Same-store sales to grow by low single digits -Square footage growth to be around 3.3% -Diluted earnings per share to be in the range of $5.48–$5.58 Best Buy Co., Inc. Factored for impact of Covid-19 11/23/2021 08/24/2021 Company expectations for the fourth quarter of fiscal 2021: -Revenue to be in the range of $16.4–16.9 billion -Comparable sales growth to be in the range of (2.0)%–1.0% -Non-GAAP gross profit rate to decline by approximately 30 basis points compared to last year -Non-GAAP SG&A dollar growth to be approximately 8% compared to last year -Non-GAAP effective income tax rate to be 24.0% Best Buy Co., Inc. Revised 11/23/2021 08/24/2021 Company expectations for fiscal 2022: -Revenue to be $51.8–52.3 billion, up from the previous forecast of $51.0–52.0 billion. -Comparable sales growth to be in the range of 10.5%–11.5%, up from the previous forecast of 9%–11% growth -Non-GAAP SG&A increase of about 9.5%, compared to a previous forecast of 9% Foot Locker, Inc Factored for impact of Covid-19 11/19/2021 11/19/2021 Company expectations for fiscal 2021: -Sales growth to be in the high teens -Comparable sales to grow in the mid-teens -Gross margin rate to grow 540–550 basis points versus 2020 Alibaba Group Holding Limited Factored for impact of Covid-19 11/18/2021 05/13/2021 Company expectations for fiscal 2022: -Revenue to grow 20%–23% year over year Williams-Sonoma, Inc Factored for impact of Covid-19 11/18/2021 08/25/2021 Company expectations for fiscal 2021: -Net revenue to grow 22%–23% -Non-GAAP operating margin to be in the range of 16.9%–17.1% Ross Stores, Inc. Factored for impact of Covid-19 11/18/2021 08/19/2021 Company expectations for fiscal 2021: -Earnings per share to be $4.65–$4.75 -Comparable store sales to grow 12%–13% Kohl's Corporation Revised 11/18/2021 08/19/2021 Company expectations for fiscal 2022: -Net sales to grow in the mid-twenties range, compared to previous expectations of a low-twenties percentage range increase -Operating margin to be 8.4%–8.5%, compared to the previous expectation of 7.4%–7.6% -Adjusted earnings per share excluding any non-recurring charges to be $7.10–$7.30, compared to the previous expectations of $5.80–$6.10 Macy's, Inc. Revised 11/18/2021 08/19/2021 Company expectations for fiscal 2022: -Net sales to be in the range of $24.12–$24.28 billion compared to previous guidance of $23.55–$23.95 billion -Adjusted diluted earnings per share to be in the range of $4.57–$4.76, compared to previous guidance of $3.41–$3.75 -Adjusted EBITDA as a percent of sales to be greater than 12.5%, compared to previous guidance of 11%–11.5% Company expectations for the fourth quarter of fiscal 2021: -Comparable sales to grow 2%–4% in comparison to 2019 Vipshop Holdings Limited Factored for impact of Covid-19 11/18/2021 08/18/2021 Company expectations for the fourth quarter of fiscal 2021: -Net revenue to be ¥35.8–37.6 billion ($5.61–5.89 billion), representing year-over-year growth rate of 0%–5% Bath & Body Works, Inc. Factored for impact of Covid-19 11/17/2021 08/18/2021 Company expectations for the fourth quarter of fiscal 2021: -Earnings per share to be $2.10–$2.25, compared to $1.96 in 2020 and $1.41 in 2019 Lowes Companies, Inc Revised 11/17/2021 08/18/2021 Company expectations for fiscal 2021: -Revenue to be over $95 billion, indicating two-year comparable sales growth of around 33%, up from previous guidance of $92 billion -Operating income as a percentage of sales to be 12.4%, up from previous guidance of 12.2% -Total share repurchases will be approximately $12 billion, up from previous gidance of $9 billion Target Corporation Revised 11/17/2021 08/18/2021 Company expectations for the fourth quarter of fiscal 2021: -Comparable sales growth to be in the high-single digits to low-double digits, compared to previous guidance of a high-single-digit increase Company expectations for fiscal 2021: -Operating income margin rate to be at least 8% Walmart Inc. Revised 11/16/2021 08/17/2021 Company expectations for fiscal 2022: -Comparable sales excluding fuel in the US to grow by more than 6%, up from previous guidance of 5%–6% -GAAP EPS to be around $5.00 -Adjusted EPS to be roughly $6.40, up from previous guidance of $6.20–$6.35 -Capital expenditures of around $13 billion Grocery Outlet Holding Corp. Factored for impact of Covid-19 11/9/2021 08/10/2021 Company expectations for the fourth quarter of fiscal 2021: -Comparable store sales to be in the range of (3.5)%–(2.5)% -Eight new stores to open, with a total of 36 new stores in fiscal 2021 Coty Inc. Revised 11/8/2021 08/26/2021 Company expectations for fiscal 2022: -Like for like sales to grow in the low-to-mid teens, up from previous guidance of low teens growth -Adjusted EBITDA to be at least $900 million - Adjusted EPS to be in the range of $0.19–$0.23 Canada Goose Holdings Inc. Revised 11/5/2021 08/11/2021 Company expectations for fiscal 2022: -Total revenue to be in the range of $1.125–1.175 billion, compared to a previous guidance of over $1.0 billion -Non-IFRS adjusted EBIT to be in the range of $186–208 million, representing a 16.5%–7.7% adjusted EBIT margin -Non-IFRS adjusted net income per diluted share to be in the range of $1.17 –$1.33 Hanesbrands Inc. Factored for impact of Covid-19 11/4/2021 08/05/2021 Company expectations for the fourth quarter of fiscal 2021: -Net sales to be in the range of $1.71–1.78 billion -GAAP operating profit to be in the range of $182–202 million -Adjusted operating profit to be in the range of $200–220 million -Charges for actions related to Full Potential to be around $18 million -Effective tax rate to be 12% on both a GAAP and an adjusted basis -GAAP earnings per share from continuing operations to be in the range of $0.24–$0.29 -Adjusted earnings per share from continuing operations to be in the range of $0.40–$0.45 Company expectations for fiscal 2021: -Net sales to be in the range of $6.76 –6.83 billion -GAAP operating profit from continuing operations to be in the range of $825–845 million -Adjusted operating profit from continuing operations to be in the range of $910–930 million -GAAP earnings per share from continuing operations to be in the range of $1.53–$1.58 -Adjusted earnings per share from continuing operations to be in the range of $1.79–$1.84 -Cash flow from operations to be around $550– 600 million -Capital expenditures to be around $75–85 million Wayfair Inc. Factored for impact of Covid-19 11/4/2021 04/06/2021 Company expectations for the fourth quarter of fiscal 2021: - Net revenue to be higher than in the third quarter CVS Health Corporation Revised 11/3/2021 08/04/2021 Company expectations for fiscal 2021: -GAAP diluted EPS to be $6.13–$6.23, up from previous guidance of $6.35–$6.45 -Adjusted EPS to be $7.90–$8.00, up from previous guidance of $7.70–$7.80 -Cash flow from operations to be $13.0–13.5 billion, up from previous guidance of $12.5–13.0 billion. Capri Holdings Limited Factored for impact of Covid-19 11/3/2021 07/30/2021 Company expectations for the third quarter of fiscal 2022: -Total revenue of $1.46 billion -Operating margin of 20% -Diluted earnings per share of $1.65 Versace: -Total revenue to be around $235 million -Operating margin to be in the low-double-digit range Jimmy Choo: -Total revenue to be around $145 million -Operating margin to be in the negative mid-single-digit range Michael Kors: -Total revenue to be around $1.08 billion -Operating margin to be in the high 20% range Company expectations for fiscal 2022: -Total revenue to be $5.4 billion -Operating margin to be 18% -Net interest income to be $10 million -Effective tax rate to be 17% -154 million outtanding weighted average diluted shares -Diluted earnings per share to be $5.30 Versace: -Total revenue to be around $1.06 billion -Operating margin to be around in the mid-teens range Jimmy Choo: -Total revenue to be $575 million -Operating margin to be slightly negative Michael Kors: -Total revenue of $3.765 billion -Operating margin to be in the mid-20% range Next plc Factored for impact of Covid-19 11/3/2021 09/29/2021 Company expectations for the fourth quarter of fiscal 2021: -Full-price sales to increase by 10% Company expectations for fiscal 2021: -Full-price sales to increase by 11% The Macerich Company Factored for impact of Covid-19 11/3/2021 08/04/2021 Company expectations for fiscal 2021: -Diluted EPS to be in the range of $0.09–$0.17 Zalando SE Factored for impact of Covid-19 11/3/2021 08/05/2021 Company expectations for fiscal 2021: -Gross merchandise value to grow 31%–36% to €14.0–14.6 billion ($16.2–$16.9) -Revenue to increase by 26%–31% to €10.1–10.5 billion ($11.7–12.1 billion) -Adjusted EBIT to be in the upper part of the indicated range of €400–475 million ($462.5–549.2 million) Ralph Lauren Corporation Factored for impact of Covid-19 11/2/2021 08/03/2021 Company expectations for the third quarter of fiscal 2022: -Revenue to grow 14%–16% on a constant currency basis -Operating margin to be 13.0%–13.5% -Effective tax rate to be 22%–23% Company expectations for fiscal 2022: -Revenue to grow 34%–36% -Operating margin to be 12.0%–12.5% -Gross margin to increase at the high end of previous guidance of 50–70 basis points -Effective tax rate to be 21%–22% The Estée Lauder Companies Inc. Factored for impact of Covid-19 11/2/2021 08/19/2021 Company expectations for the second quarter of fiscal 2022: -Net sales to grow in the range of 11–13% -Organic net sales to grow in the range of 8–10% -Diluted net earnings per common share to be in the range of $2.47–$2.59 -Diluted net earnings per common share, excluding restructuring and other charges and adjustments, to be in the range of $2.51–$2.61 -Charges for the Post-Covid Business Acceleration Program to be in the range of $10–20 million, or $0.02–0.04 per diluted common share -Adjusted diluted profits per common share are expected to be flat to (4)% on a constant currency basis Company expectations for fiscal 2022: -Net sales to grow in the range of 12–15%, ahead of the company's long-term aim of 6–8% -Organic net sales to grow in the range of 9–12% -Diluted net earnings per common share to be in the range of $7.09–$7.30 -Diluted net profits per common share, excluding restructuring and other charges and adjustments, to be in the range of $7.23–$7.38 -Charges for the Post-Covid Business Acceleration Program to be in the range of $40–$70 million, or $0.8–$0.14 per diluted common share -Adjusted diluted earnings per common share to grow by 11–14% on a constant currency basis Under Armour, Inc. Factored for impact of Covid-19 11/2/2021 08/03/2021 Company expectations for fiscal 2021: -Revenue to increase approximately 25%, up from previous guidance of a low-twenties percentage increase -Gross margin is expected to grow by 130 basis points, compared to the previous guidance of an approximately 50–70 basis point -Operating income to be $425 million, up from previous guidance of $215–$225 million. -Adjusted operating income to be $475 million, up from previous guidance of $340–$350 million. -Diluted earnings per share to be $0.55, up from previous guidance of diluted earnings per share of $0.14–$0.16. -Adjusted diluted earnings per share to be $0.74, up from previous guidance of $0.50–$0.52. Simon Property Group, Inc. Factored for impact of Covid-19 11/1/2021 08/02/2021 Company expectations for fiscal 2021: -Net income per diluted share to be in the range of $6.61–6.71 -Funds from operation per diluted share to be in the range of $11.55–11.65 Amazon.com, Inc. Factored for impact of Covid-19 10/28/2021 07/29/2021 Company expectations for the fourth quarter of fiscal 2021: -Net sales to be around $130.0–140.0 billion, representing a growth rate of 4–12% -Operating income to be around $0–3.0 billion, compared to $6.9 billion in the fourth quarter of 2020 eBay Inc. Factored for impact of Covid-19 10/27/2021 08/11/2021 Company expectations for the fourth quarter of fiscal 2021: -Revenue to be in the range of $2.57–2.62 billion -Organic FX-Neutral year-over-year growth to be in the range of 3%–5% -GAAP diluted EPS to be in the range of $0.72–$0.76 -Non-GAAP diluted EPS to be in the range of $0.97–$1.01 V.F. Corporation Revised 10/22/2021 07/30/2021 Company expectations for fiscal 2021: -Revenue to be over $12.0 billion, representing a 30% increase, with the Supreme® brand contributing around $600 million -Outdoor revenue to increase by 25%–27%, up from a previous expectation of 24%–26% -Active revenue to increase by 35%–37%, up from a previous expectation of 37%–39% -Work revenue to increase by 19%–21%, up from a previous expectation of 16%–18% -International income to grow in the range of 24%–26% -Direct-to-consumer revenue to grow 34%–36% -Digital revenue to increase by 20% -Gross margin to be around 56% after adjustments -Adjusted operating margin to be roughly 13% -Adjusted earnings per share to be $3.20, with the Supreme® brand contributing $0.25 -Adjusted cash flow from operations to surpass $1.0 billion -Tax rate to be around 15% -Capital expenditures to be around $350 million Tractor Supply Company Factored for impact of Covid-19 10/21/2021 07/19/2021 Company expectations for fiscal 2021: -Net Sales is expected to be $12.6 billion, up from previous guidance of $12.1–$12.3 billion -Comparable Store Sales to grow by 16%, up from previous guidance of 11–13% -Operating Margin Rate is expected to be in the range of 10.2–10.3%, up from previous guidance of 9.7 –9.9% -Net Income to be in the range of $972–$985 million, up from previous guidance of $895–$930 million -Earnings per Diluted Share to be in the range of $8.40–$8.50, up from previous guidance of $7.70–$8.00 -Effective Tax Rate to be in the range of 22.1–22.3%, up from previous guidance of 22.1–22.4% -Capital Expenditures to be in the range of $550–$600 million, up from previous guidance of $500–$600 million -Share Repurchases to be in the range of $750–$800 million, up from previous guidance of $700–$800 million Albertsons Companies, Inc. Revised 10/18/2021 07/29/2021 Company expectations for fiscal 2021: -Identical sales to be in the range of (2.5)%–(3.5)%, up from previous guidance of (5)%–(6)%, indicating two-year stacked growth of 13.4%–14.4%, up from 10.9%–11.9% -Adjusted EPS for Class A common shares to be $2.50–$2.60 up from previous guidance of $2.20–$2.30 per share -Adjusted EBITDA to be in the range of $3.95–$4.05 billion, up from previous guidance of $3.7–$3.8 billion -The effective tax rate to be 23%–24% -Budgeted capital expenditures to be unchanged at $1.9–$2.0 billion Fast Retailing Co., Ltd Factored for impact of Covid-19 10/14/2021 07/09/2020 Company expectations for fiscal 2022: -Consolidated revenue of ¥2.2 trillion ($0.19 trillion), equating to an increase of 3.1% year over year -Operating profit of ¥270.0 billion ($2.36 billion), equating to an increase of 8.4% year over year -Profit before income taxes of ¥270.0 billion ($2.36 billion), a 1.6% year-over-year increase -Profit attributable to the Parent's owners of ¥175.0 billion ($1.53 billion), a 3.0% increase year-over-year -From September 1, 2021, to February 28, 2022 revenue and profit will drop, owing to the belief that Covid-19 restrictions and temporary store closures will persist to some level, as well as our choice to factor in some negative impact from manufa
