Company Earnings Update | February 1, 2019 Register for Free Access Tractor Supply Company (NASDAQ: TSCO) 4Q18 Results: Beats Consensus Estimates, Guidance in Line with ConsensusTractor Supply reported Q4 revenues of $2.13 billion, up 9.2% year over year and above the $2.10 billion consensus estimate. Comps were 5.7%, beating the 3.7% consensus estimate and comprising a 3.0% increase in average ticket and a 2.6% increase in transaction count. All geographic regions and all major product categories had positive comps. Continued strength in everyday merchandise in the consumable, usable and edible categories helped drive comps, in addition to strong sales of winter and other seasonal products. Read More
Company Earnings Update | January 31, 2019 Register for Free Access eBay (NASDAQ: EBAY) 4Q18 and FY18 Results: Steady Growth, More Returns for ShareholderseBay reported revenues of $2.88 billion in 4Q18, up 6.3% year over year and beating the consensus estimate of $2.86 billion recorded by Bloomberg. GMV was $24.6 billion, up 1% as reported and 2% on a currency-neutral basis. Gross margin increased 31 basis points to 78.5% and operating margin decreased 82 basis points to 23.7%. Non-GAAP diluted EPS increased 20.3% to $0.71, beating consensus of $0.68. Read More
Market Navigators/Market Outlook | January 31, 2019 Premium Sector Overview: North American Food Retailers — Cross-Channel Retailing Is Emerging as the Dominant ModelEach Sector Overview report provides an analysis of a particular retail sector or consumer market. This report covers the North American grocery sector, concentrating on the US. Our coverage focuses on supermarket retailers with some discussion of other grocery channels. Mass merchandisers, warehouse clubs and discount stores are covered in a separate Sector Overview report. Read More
Flash Report | January 30, 2019 Register for Free Access Walgreens Boots Alliance Bags Over 60 Shopko Stores After Bankruptcy Court Approves BidsGeneral merchandise retailer Shopko filed for Chapter 11 bankruptcy protection on January 16, 2019. The company attributed its petition for financial restructuring to “excess debt and ongoing competitive pressures.” The retailer stated it would close an additional 38 stores this year, in addition to the 67 previously earmarked for closure, relocate 20 optical centers to freestanding locations and auction off its pharmacy business. Read More
Insight Report | January 29, 2019 Premium New Retail Briefing # 2: Alibaba Steps Up Partnerships, NetEase Kaola Opens Flagship StoreAlibaba launched the “A100 Strategic Partnership” program in January 2019 to help partner brands digitalize by giving them access to resources within its ecosystem so participating brands can access Alibaba services in 11 areas to enhance online-offline business integration. Alibaba will also assign a dedicated team to serve each participating brand. Read More
Event Presentation | January 28, 2019 Premium 10 Global Retail Trends and 10 Startup TrendsThis presentation discusses 10 global retail trends and 10 startup trends. Read More
Flash Report | January 24, 2019 Register for Free Access JD.com Takes Flight in Indonesia with Drone Delivery TrialJD.com’s drone delivery is the first time a Chinese drone has been used for delivery in Southeast Asia, and is also the first time the Indonesian government has granted permission to use a drone for logistics purpose. Read More
Insight Report | January 15, 2019 Premium New Retail Briefing #1: JD.com and Alibaba RestructureOn December 21, 2018, JD.com announced it would restructure its operations with JD Mall, the company’s main revenue-generating unit. JD Mall will be divided into three business departments, including serving customers; business support services; and, infrastructure control and risk management. JD.com said in its announcement that the new structure will enable it to better focus on customers. JD Mall’s restructuring also aims to diversify its management team and assuage investors that Liu Qiangdong, JD’s founder and CEO, is not the only person driving decision-making at the company. Read More
Flash Report | January 14, 2019 Register for Free Access Alibaba Strengthens Its Presence in Digitalization Consulting with A100 Partnership ProgramAlibaba has grown from simple online marketplace to a digital commerce powerhouse, with operations in sales, marketing, product delivery, supply chain, logistics and data analytics — pretty much the whole nine yards. At an event in Hangzhou, the company announced the launch of a new collaborative program called A100. Read More
Event Presentation | January 9, 2019 Premium Understanding the Asian Retail Market (CES)This presentation describes Coresight’s CORE framework for AI in retail plus eight things we can learn from China. Read More
Market Navigators/Market Outlook | January 8, 2019 Premium Sector Overview: European Retail — Germany’s Shoppers Cut BackApparently alarmed by world events such as Brexit and tariff wars, and in a context of slowly climbing inflation, German consumers have retrenched their discretionary spending. Read More
Event Presentation | December 13, 2018 Premium 2018 Holiday Homestretch (Planalytics)US 2018 Holiday Homestretch:- Favorable Macro Backdrop Continues 2. Estimate 3%–4% Holiday Sales Growth 3. Early Results Bode Well for Holiday Spending 4. Sales Up, Store Traffic Down & much More Read More
Company Earnings Update | December 7, 2018 Register for Free Access Five Below (FIVE) 3Q18 Results: Beats Consensus Estimates and Raises GuidanceFive Below reported 3Q18 EPS of $0.24 (including a $0.02 accounting benefit), up 35.3% year over year and beating the $0.19 consensus estimate. Revenues were $312.8 million, up 23.7% year over year and beating the $304.1 million consensus. Read More
Insight Report | December 4, 2018 Premium Amazon’s Ambitious Plan to Disrupt Convenience Stores—and Maybe Quick Service Restaurants, TooAmazonGo stores are small, cashierless, checkout-free convenience stores that primarily offer on-the-go food options in metropolitan areas. Read More
Analyst Corner | November 28, 2018 Register for Free Access Weinswig’s Weekly Nov 16, 2018FROM THE DESK OF DEBORAH WEINSWIG Three Ways that Singles’ Day Is Evolving Last weekend, the Coresight Research team was at Alibaba’s Singles’ Day event in Shanghai. There, we watched the live count of Alibaba’s 11.11 Global Shopping Festival sales as they ticked toward the final total of ¥213.5 billion ($30.8 billion). The day’s sales… Read More
