May 24, 2019 Insight Report Premium April 2019 UK Retail Sales: Late Easter and Warm Weather Drive Jump in SalesThe Office for National Statistics (ONS) reported a strengthening of year-over-year retail sales growth to 7.2% in April, with a 7.4% increase in volumes.
May 24, 2019 Company Earnings Update Register for Free Access Vipshop (NYSE: VIPS) 1Q19 Results Beat Consensus Thanks to Improved Product Assortment in Apparel and Increase in Active CustomersVipshop reported 1Q19 revenues of ¥3 billion, up 7.3% year over year and beating the consensus estimate of ¥20.5 billion.
May 24, 2019 Company Earnings Update Register for Free Access BJ’s Wholesale Club (NYSE: BJ) 1Q19 Results: Beats Consensus on Revenues, Maintains GuidanceBJ’s Wholesale Club reported 1Q19 adjusted EPS of $0.26, up 63.8% and beating the consensus estimate $0.25. Revenues were $3.14 billion, up 2.7% and ahead of the $3.05 billion consensus estimate.
May 24, 2019 Company Earnings Update Register for Free Access Home Depot (NYSE: HD) 1Q19 Results: Beats Consensus on Revenues and EPS, Guidance in LineHome Depot reported 1Q19 adjusted EPS of $2.28, up 9.4% and beating the consensus estimate of $2.20. Revenues were $26.38 billion, up 5.7% and marginally ahead of the $26.35 billion consensus estimate.
May 24, 2019 Company Earnings Update Register for Free Access B&M (LSE: BME) FY19 Results: Surge in Profits, Strong Pace of Store Expansion to ContinueB&M reported FY19 total sales of £3.49 billion up 15.1% year over year and ahead of the consensus estimate of £3.44 billion recorded by StreetAccount.
May 23, 2019 Company Earnings Update Register for Free Access Best Buy (NYSE: BBY) 1Q20 Results: Beats Consensus on Comps and EPS, CEO to Change in June, Reiterates 2020 GuidanceBest Buy reported 1Q20 results that beat consensus comp and EPS estimates and reiterated its full-year guidance. There will be a management change In June, with the CEO becoming executive chairman.
May 23, 2019 Company Earnings Update Register for Free Access M&S (LSE: MKS) FY19 Results: Changing Faster with Ocado JV and Further Store ClosuresM&S reported FY19 total sales of £10.4 billion, down 3.0% year over year, and roughly in line with the consensus estimate by StreetAccount.
May 23, 2019 Insight Report Premium 30 Global Retail Cities: SingaporeFounded as a British trading post in 1819, Singapore has grown into one of the world’s busiest ports, a regional hub for finance and tourism and, as a free port, a favored destination for shopping for everything from regional products to imported luxury brands.
May 23, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY MAY 24 2019This week’s note “From the Desk of Deborah Weinswig” looks at the changes in luxury as the business seeks to keep up with the fast-shifting consumer landscape.
May 23, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 21: Dressbarn to Close, Adding Almost 700 to US Closures TotalIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Retailers have announced more than 7,000 store closures in the US and more than 300 in the UK, while only 3,100 store openings have been announced.
May 23, 2019 Insight Report Premium Insights from China: China’s Economic Growth SlowsThis week, we look at China’s slowing economic growth.
May 23, 2019 Insight Report Premium April 2019 US Monthly Retail Traffic and In-Store Metrics Report: Easter Week Boosts TrafficUS store traffic declined 5.0% year over year in April. The conversion rate advanced 0.1 percentage points, average transaction value (ATV) fell 3.2% and the product return rate was flat year over year.
May 23, 2019 Flash Report Register for Free Access Ascena Retail Group Announces Closure of Dressbarn, Eliminating its Value Fashion SegmentOn May 20, 2019, Ascena Retail Group announced the closure of its Dressbarn business.
May 23, 2019 Company Earnings Update Register for Free Access Urban Outfitters (NYSE: URBN) 1Q19 Results: Revenues Up, Company Launches Nuuly Monthly Subscription Rental ServiceUrban Outfitters reported 1Q19 revenues of $864.4 million, above the consensus estimate of $854.7 million and up 1.1% YoY. The company launched Nuuly, a a monthly subscription rental service.
May 23, 2019 Company Earnings Update Register for Free Access Target (NYSE: TGT): 1Q19 Results Beat Consensus Estimates, 4.8% Comps and 42% E-Commerce Growth, Reiterates 2019 GuidanceTarget reported 1Q results that beat consensus estimates. Comps increased 48% and e-commerce revenues increased 42%. The company reiterated its 20-19 guidance
