November 21, 2018 Company Earnings Update Register for Free Access Ross (ROST) 3Q18 Results: In Line with Expectations; Raises Full-Year EPS GuidanceRoss Stores reported 3Q18 revenues of $3.55 billion, up 6.6% year over year and in line with the consensus estimate. Diluted EPS was $0.91, up 26.9% year over year and $0.01 above the consensus estimate of $0.90.
November 21, 2018 Company Earnings Update Register for Free Access Kohl’s (KSS) 3Q18 Results: Sales Rise Due to Rivals’ Store Closures; Raises EPS GuidanceKohl’s reported 3Q18 net sales of $4.37 billion, up 1.3% year over year and in line with the $4.37 billion consensus estimate. Adjusted EPS was $0.98, beating the $0.95 consensus estimate and up from $0.70 in the year-ago quarter.
November 19, 2018 Insight Report Premium October 2018 UK Retail Sales: Growth Softens in an Unusually Volatile OctoberRetail sales growth in the UK slowed in October as demand softened in a number of big-ticket sectors.
November 19, 2018 Company Earnings Update Register for Free Access NORDSTROM (JWN) 3Q18 Results: Company Misses Expectations and Raises GuidanceNordstrom reported 3Q18 revenues of $3.65 billion, up 3.0% year over year and below the consensus estimate of $3.7 billion.Diluted EPS was $0.67,flat compared to the year-ago quarter and $0.01 above the consensus estimate of $0.66.
November 16, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 46: Sears Holdings to Shutter 40 More StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.
November 16, 2018 Company Earnings Update Register for Free Access Walmart (WMT) 3Q19 Results: Beats on Comps and EPS, Misses on Revenues; Raises EPS GuidanceWalmart reported 3Q19 adjusted EPS of $1.08, up 8.0% from $1.00 in the year-ago quarter and beating the $1.01 consensus estimate. Total revenues were $124.9 billion, up 1.4% year over year but below the consensus estimate of $125.4 billion.
November 16, 2018 Insight Report Free Report Tencent (0700.HK) 3Q18 Results: Solid Revenue Growth Despite Slowdown in GamingTencent reported 3Q18 revenues of ¥80.6 billion ($11.7 billion), up 24% year over year. Non-GAAP diluted EPS was ¥2.06, an increase of 15% year over year. The results were largely driven by strong growth from online advertising and payment-related and cloud services.
November 16, 2018 Insight Report Free Report Takeaway from ReMode Day 1Coresight Research attended the inaugural ReMode two-day conference in Los Angeles, November 13 & 14. ReMode is focused on disruption and sustainability in the fashion industry, helping the fashion industry navigate the new realities across the entire value chain of the fashion business via its four foundational pillars: ReThink, ReMake, ReInvest and ReMarket. Key takeaways from ReMode’s Day 1 include:
November 16, 2018 Company Earnings Update Register for Free Access JC Penney (JCP) Fiscal 3Q18 Results: Company Misses Expectations and Withdraws Full Year GuidanceJCPenney reported 3Q18 revenues of $2.65 billion, down 5.8% year over year and below the consensus estimate of $2.76 billion. Adjusted EPS was $0.52, up 48.6% from the year ago quarter, below the consensus estimate of $0.56 but above last year’s EPS of $0.35.
November 15, 2018 Insight Report Premium Ten Days of Holiday Innovators, 2018: Day 1 Marin Bee Pure Honey SkincareTo kick off the 2018 holiday shopping season,Coresight Research will feature daily profiles of 10 innovative companies that span health and wellness; apparel, footwear and accessories; and, beauty. Each of our Ten Days of Holiday Innovator profiles gives you an company overview, insight into what makes the company innovative, and the company’s recommended “must-have” gift for 2018.
November 14, 2018 Insight Report Premium A Guide to Entering China for Foreign Brands and Retailers, Part 2: Chinese E-Commerce Calendar for 2019 – International Brands that Understand and Respect Chinese Culture Are Poised to WinChina celebrates many holidays and shopping festivals that foreign brands and retailers should pay attention to, ranging from traditional cultural celebrations to holidays adopted from Western culture to special events recently created by retailers and e-commerce platforms.
November 12, 2018 Company Earnings Update Register for Free Access Michael Kors (KORS) Fiscal 2Q19 Results: EPS Beats Consensus; Company Raises GuidanceMichael Kors reported that fiscal 2Q19 revenue increased by 9.3%, or $107.2million, including a $116.7 million contribution from Jimmy Choo. Michael Kors brand sales declined by 1%, to $1,137.1 million, driven by a 1.3% decrease in Michael Kors Wholesale revenue.
November 12, 2018 Company Earnings Update Register for Free Access Office Depot (ODP) 3Q18 Results: Beats Consensus Estimates and Raises GuidanceOffice Depot reported 3Q18 adjusted EPS of $0.13, beating the consensus estimate by a penny. Revenues were $2.89 billion, beating the $2.83 billion consensus estimate.
November 9, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 45: Destination Maternity to Close 117 StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.
November 9, 2018 Company Earnings Update Register for Free Access Sainsbury’s (LSE: SBRY) 1H19 Results: Further Tepid Retail Sales Growth; Exceptional Costs Hit Bottom LineIn 1H19, Sainsbury’s reported further modest growth in comparable sales, with comps up 0.6%. Total retail sales were up just 1.2%.
