February 1, 2017 Company Earnings Update Register for Free Access Luxottica (BIT: LUX) FY16 Trading Update: Solid Performance in Retail Segment Outweighs Weakness in WholesaleLuxottica reported that adjusted revenue in FY16 increased by 0.8% (1.9% at constant currency), to €9,086 million, which was slightly above the consensus estimate of €9,070 million. The company also announced an agreement to acquire 100% of Óticas Carol, one of the largest optical retail franchisors in Brazil.
February 1, 2017 Company Earnings Update Register for Free Access Ocado (LSE: OCDO) FY16 Results: Strong Revenue Growth, But Costs Weigh On MarginsBritish online grocery retailer Ocado Group announced a 14.8% increase in revenues for the year ended November 27, 2016, marginally below the 15.1% growth that analysts expected.
February 1, 2017 Company Earnings Update Register for Free Access Under Armour (UAA) 4Q16 Results: Big Miss, Slowing Growth, CFO DepartureUnder Armour reported 4Q16 adjusted EPS of $0.23, down from $0.24 in the year-ago quarter and missing the consensus estimate by $0.02. Revenues were $1.31 billion, up 11.7% year over year but also missing the consensus estimate, which called for revenues of $1.41 billion. Management commented that numerous challenges and disruptions in North American retail had tempered the company’s results.
February 1, 2017 Insight Report Premium From Runway to Checkout: The See-Now-Buy-Now Trend in FashionImpacted by rising digitization, the fashion industry is currently in a state of rapid transformation. High-end fashion brands are evolving towards a see-now-buy-now business model, which consists of runway styles being available for purchase immediately after fashion shows instead of the customary six-month wait.
February 1, 2017 Company Earnings Update Register for Free Access Coach (COH) 2Q17 Results: Solid Quarter; Company Lowers Revenue Outlook Due to Currency EffectsCoach reported fiscal 2Q17 adjusted EPS of $0.75, up from $0.68 in the year-ago quarter, beating the consensus estimate by a penny. Revenues were $1.32 billion, up 3.8% year over year and in line with the consensus estimate.
January 30, 2017 Flash Report Register for Free Access Tesco-Booker Merger: Uniting Food Retail and WholesaleTesco, the UK’s biggest grocery retailer, and Booker, the UK’s largest cash-and-carry wholesale supplier, have announced an agreement to merge. The transaction values Booker, the smaller of the parties, at £3.7 billion.
January 27, 2017 Deep Dive Premium 2017 Spring Festival Preview Part 2: Chinese Expected to Spend Big on Outbound Travel and EntertainmentIn Part 2 of our 2017 Spring Festival Report, we focus on two main themes: 1) the continued rise in Chinese outbound travel; and 2) the growing preference for spending on experiences and entertainment.
January 27, 2017 Analyst Corner Register for Free Access Weekly Insights Jan 27, 2017This week’s note “From the Desk of Deborah Weinswig” discusses the whirlwind of policies and executive orders US President Donald Trump has launched since taking office on January 20
January 27, 2017 Company Earnings Update Register for Free Access L’Oréal (ENXTPA: OR) FY16 Results: Solid Top-Line Growth Across All RegionsLVMH Moët Hennessy Louis Vuitton increased revenues by 5.0% year over year in FY16, to €37,600 million, which was above the consensus estimate of €37,316 million. Revenues increased by 6.0% year over year on an organic basis.
January 27, 2017 Company Earnings Update Register for Free Access Unilever (LSE: ULVR) FY16 Results: Top and Bottom Line Beat Estimates, But Tough Start to FY17Unilever reported FY16 sales of €52,713 million, ahead of consensus of €52,373 million, but down 1.0% from FY15. At constant exchange rates, sales increased by 4.3%.
January 26, 2017 Company Earnings Update Register for Free Access eBay (EBAY) 2016 Results: Mixed Quarter and OutlookeBay reported 4Q16 revenues of $2.4 billion, up 3.1% year over year and in line with the consensus estimate. Gross merchandise volume (GMV) was $22.3 billion, up 2% year over year as reported and up 5% on a currency-neutral basis. Adjusted EPS was $0.54, compared with $0.50 in the year-ago quarter, beating the consensus estimate by a penny.
January 23, 2017 Insight Report Premium December 2016 UK Retail Sales and Christmas Wrapup: A Bumper Holiday PeriodOfficial data and company updates confirm that it was a bumper holiday season. Total retail sales grew by 7.1% in December, the strongest December growth recorded in decades.
January 20, 2017 Analyst Corner Register for Free Access Weekly Insights Jan 20, 2017This week’s note “From the Desk of Deborah Weinswig” discusses what presenters and attendees at NRF Retail’s Big Show 2017 had to say about the in-store experience and explores three core functions retailers can provide in order to drive store traffic.
January 20, 2017 Company Earnings Update Register for Free Access Ahold Delhaize (ENXTAM: AD) 4Q and FY16 Trading Update: Strong Sales in the Netherlands Boost Group PerformanceAhold Delhaize reported FY16 revenues of €62,331 million, up 3.4% from FY15 at constant currency (+3.7% in reported currency) and slightly below the consensus estimate of €62,419 million.
January 19, 2017 Flash Report Register for Free Access Baidu Appoints Microsoft Veteran Qi Lu as Group President and COOaidu has appointed former Microsoft executive Dr. Qi Lu to be its Group President and COO, and to oversee the Chinese search giant’s business, with immediate effect.
