January 18, 2017 Company Earnings Update Register for Free Access Zalando (XTRA: ZAL) Q416 Trading Update: Strong Sales, but Slightly Below Analysts’ EstimatesZalando reported that it expects 4Q16 revenue to grow 25%–26% year over year to €1,086–€1,094 million, according to preliminary figures.
January 18, 2017 Company Earnings Update Register for Free Access Groupe Casino (EPA: CO) 4Q and FY16 Trading Update: LatAm Business Drives Sales GrowthGroupe Casino reported FY16 revenues of €36,030 million, up 2.0% from the previous year and up 5.7% on an organic basis. Comps grew by 3.8%.
January 17, 2017 Company Earnings Update Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Lower-Than-Expected Growth in DecemberH&M reported a 6% year-over-year increase in total sales in local currencies in December 2016. This compares to sales growth of 9% in November.
January 16, 2017 Company Earnings Update Register for Free Access Fast Retailing Group (TSE:9983) 1Q17 Results: Revenues Miss Estimates; EPS Jumps on a Weaker YenFast Retailing Group reported 1Q17 consolidated revenues of ¥528.8 billion, up 1.6% year over year, and missed the consensus median estimate of ¥540.9 billion.
January 16, 2017 Deep Dive Premium Deep Dive: Millennial Lifestyles Drive Growth in Apparel RentalOnline apparel and accessory rental services are proliferating. Apparel rental models allow customers to borrow items for a set time period, typically at a meaningful discount to the products’ retail price.
January 13, 2017 Company Earnings Update Register for Free Access ASOS (AIM: ASC) 1Q17 Update: Strong Sales Prompts Upward Revision to FY17 Sales GuidanceBritish online fashion retailer ASOS reported £606 million in retail revenues in 1Q17, up 36% year over year. At constant currency, 1Q17 revenues increased 30% year over year.
January 13, 2017 Analyst Corner Register for Free Access Weekly Insights Jan 13, 2017This week’s note “From the Desk of Deborah Weinswig” discusses the cool and innovative gadgets and technology on display at this year’s CES trade show in Las Vegas.
January 13, 2017 Company Earnings Update Register for Free Access Primark (LSE: ABF) 1Q17 Trading Update: “Good” UK Comps While Germany and the Netherlands DisappointPrimark’s parent company, Associated British Foods (ABF), reported its 1Q17 trading statement for the 16 weeks ended January 7, 2016. This report will focus only on Primark, ABF’s retail segment.
January 13, 2017 Company Earnings Update Register for Free Access Marks & Spencer (LSE: MKS) 3Q17 Update: Improved Sales Beat ExpectationsUK clothing-and-food retailer Marks & Spencer (M&S) reported that 3Q17 sales were up 5.9% as reported and up 4.3% on a constant currency basis.
January 13, 2017 Company Earnings Update Register for Free Access Debenhams (LSE:DEB) Christmas Trading: Nonclothing Categories Drive Impressive PerformanceUK department store retailer Debenhams reported group comps of +0.5% at constant currency, surpassing the consensus estimate of (0.9)%, in the 18 weeks ended January 7, 2017.
January 13, 2017 Company Earnings Update Register for Free Access Tesco (LSE: TSCO) 3Q17 and Christmas Update: Solid End to the YearThe UK’s largest retailer, Tesco, reported 3Q17 group comps of 1.5%, slightly ahead of the consensus estimate of 1.3%. In the UK, 3Q17 comps came in at a robust 1.8%.
January 12, 2017 Company Earnings Update Register for Free Access Sainsbury (LSE: SBRY) 3Q17 Update: Modest Growth Beats ExpectationsSainsbury’s, the UK’s second-largest grocery retailer, posted comps of 0.1% for 3Q17, marginally ahead of expectations of (0.8)%.
January 11, 2017 Company Earnings Update Register for Free Access Boohoo Group (LSE: BOO) 3Q17 Results: Boohoo.com Raises Sales Guidance for Fifth TimeBritish online fashion retailer Boohoo.com reported a 52% year-over-year increase in revenues on a constant currency basis. This was ahead of consensus expectations. Strong sales were driven by a broader product range offering, growth across all geographic regions and particularly robust momentum in the US.
January 11, 2017 Company Earnings Update Register for Free Access Metro Group (DB: MEO)1Q17 Trading Update: Weak Grocery Segment Weighs on Top LineMetro Group reported net sales of €17.0 billion in 1Q17, down 0.6% from the same period last year,and almost in line with consensus estimates. Comps edged up by 0.1% year over year.
January 11, 2017 Company Earnings Update Register for Free Access Morrisons (LON: MRW) Christmas Trading: Comfortably Beats ExpectationsThe UK’s fourth-largest grocery retailer, Morrisons, reported comps of 2.9% for the nine weeks ended January 1 to comfortably beat 4Q17 consensus of 1.1%. This marked an acceleration from comps of 1.6% in the prior quarter.
