Insight ReportAbercrombie & Fitch (ANF) 4Q15 Results: Mixed Quarter as Same-Store Sales Turn Positive Coresight Research May 2, 2016 Executive Summary Abercrombie & Fitch reported 4Q15 revenues of $1.1 billion, down 0.6% but slightly above the consensus estimate. On a constant-currency basis, revenues increased by 2.0%. Comparable sales increased by 1% on a constant-currency basis, the first increase in more than three years, beating the consensus estimate of flat sales. The company reported adjusted EPS of $1.08 for the quarter, down 6.3% from the year-ago quarter but above the consensus estimate of $0.99. The upside was driven by strong holiday online sales, demand for the Hollister brand and the company’s shift to softer styles from logo-splashed apparel. For 2016, the company expects flat to slightly positive comp sales, compared with the consensus estimate of a 0.8% increase. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportWeekly Retail Promo Update May 01, 2016 Coresight Research May 1, 2016 Executive Summary Mother’s Day is a big event for retailers, and stores are promoting gifts for moms of all types, offering discounts on women’s clothing, handbags and jewelry. Home goods and kitchen appliances are also heavily featured in Mother’s Day sales this week. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportLululemon (LULU) 4Q15 Results: Solid Results, Ambitious E-commerce Goals Coresight Research April 30, 2016 Executive Summary Lululemon reported fiscal 4Q2015 revenue of $704.3 million, up 16.9% year over year from $602.5 million, higher than the consensus estimate of $693.8 million. EPS was $0.85, beating the consensus estimate by $0.05. Total comparable sales, including comparable-store sales and direct to consumer, were up 11% on a constant currency basis. Management guided for net revenue of about $2.3 billion and EPS of $2.05 to $2.15 in 2016. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Analyst CornerWeekly Insights Apr 29, 2016 Coresight Research April 29, 2016 Executive Summary The success of the dollar stores has been one element of the recent discount boom in US retail. This week, we crunched some numbers on the biggest dollar stores to assess how much share they have taken in the core grocery category. JCPenney announced that it will open 60 additional Sephora shops in its department stores, including a 3,000-square-foot Sephora flagship set to open inside the Salinas, CA J C Penney in November. The partnership began in 2006 and was later extended to include e-commerce. Sephora is now a significant presence on JCPenney’s website. French supermarket chain Leclerc has returned to Paris, which it exited 25 years ago. Its new 21,528-square-foot store, which opened on April 20, is located in the city’s burgeoning Rosa Parks neighborhood. Zalora, a fashion-focused e-commerce site backed by Rocket Internet, is selling its businesses in Thailand and Vietnam to retailer Central Group, according to multiple sources. The deal is said to be agreed on in principle and currently subject to paperwork and red tape. This document was generated for
Event PresentationWhat is Driving Retail in 2016 Coresight Research April 28, 2016 Executive SummaryAGENDA About Fung Global Retail & Technology Macro Summary: Europe & US Budget & Internet Shopping Drive Retail Growth in Europe & the US US Retail in Focus Top 8 Global Disruptive Retail Technology Trends Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event PresentationRetail Landscape Overview (Global Supply Chain Innovation Summit) Coresight Research April 28, 2016 Executive SummaryAGENDA ABOUT THE FUNG GROUP ABOUT FUNG GLOBAL RETAIL & TECHNOLOGY RETAIL LANDSCAPE OVERVIEW 8 SUPPLY CHAIN DISRUPTIVE TECHNOLOGIES Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Company Earnings UpdateAmazon (AMZN) 1Q16 Earnings: Beats Estimates on Top and Bottom Lines; 2Q Guidance in Line Coresight Research April 28, 2016 Executive Summary Amazon reported 1Q16 revenues of $29.1 billion, up 28.2% year over year and ahead of the $28.0 billion consensus estimate. EPS was $1.07, beating the $0.60 consensus estimate and compared to a loss of $0.12 in the year-ago quarter. The fastest growth was in Amazon Web Services (AWS), whose revenues grew by 64% year over year, to nearly $2.6 billion. Revenues from sales of electronics and other general merchandise grew by a more modest 31%, yet the segment’s revenues were up by more than $4.9 billion year over year. For 2Q16, Amazon expects revenues of $28.0–$30.5 billion, representing 21%–32% year-over-year growth. The company expects operating income of $375–$975 million, compared to $464 million in the year-ago quarter. This document was generated for
Flash ReportCarter’s (CRI) 1Q16 Results: Beats Estimates, Driven by Retail and Wholesale Segments Coresight Research April 28, 2016 Executive Summary Carter’s reported 1Q16 revenue of $724.1 million, up 5.7% year over year, beating the consensus estimate of $716.0 million and above company guidance of $712.4 million. On a constant-currency basis, revenue increased by 6.4% in the quarter. Adjusted EPS was $1.05, up 7.9% year over year and above the consensus estimate of $1.00. The upside was driven by the Carter’s and OshKosh B’gosh retail segments and the wholesale business. The company provided adjusted EPS guidance for 2Q16 of $0.62–$0.66, down 10%–15% year over year and below the $0.80 consensus estimate. Revenue is expected to increase by 3%–4% year over year, to $631.1–$637.3 million, which is lower than the consensus estimate of $651.5 million. For 2016, Carter’s raised its adjusted EPS guidance range to 10%–12% from 8%–10%, implying adjusted EPS of $5.07–$5.16 versus prior guidance of $4.98–$5.07 and the consensus estimate of $5.09. This document was generated for
Flash ReportCoach (COH) 3Q16: International Division Weighs on Positive Results, Ambitious Margin Goal Coresight Research April 26, 2016 Executive Summary Coach reported third-quarter 2016 net sales of $1.0 billion, in line with the consensus estimate, and up 11.2% from last year’s $0.9 billion. Adjusted EPS was $0.44, including a contribution of $5 million, or $0.02 per share, from the acquired Stuart Weitzman brand. The company maintained its revenue growth guidance for low-single digits for the fiscal year (on a constant currency basis) and positive North American comps for the fourth quarter. The Stuart Weitzman brand is expected to contribute $340 million in revenue and add $0.12 to earnings per share. The Company also expects the operating margin for the Coach brand to reach about 20% by FY2017. This document was generated for
Insight ReportStealthy Sleeper VIV Brings New Life to the AI Personal Assistant Arena Coresight Research April 26, 2016 Executive Summary Viv is a new artificial intelligence (AI) personal assistant from the creators of Apple’s Siri. The platform represents a major technological leap forward, since Viv is able to learn, and then create new relationships from data that it can access, rather than just follow preprogrammed instructions. Viv’s business model is to enable the user to access a variety of devices and services in what the founders term “the referral economy.” The platform will make its debut at the TechCrunch Disrupt conference in Brooklyn, NY, on May 9, 2016. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event Presentation16 Global Retail Trends for 2016 Coresight Research April 26, 2016 Executive SummaryAgenda About Fung Business Intelligent Centre (FBIC) Top 16 Global RETAIL Trends for 2016 Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportBoohoo.com (LON: BOO) FY16 Results: Revenues and Profits Soar, Beating Consensus Coresight Research April 26, 2016 Executive Summary boohoo.com reported revenue growth of 39.7% for fiscal year ended February 2016. Revenue for the year reached £195.4 million, beating the consensus estimate of £191.9 million. Net profit for the year climbed 48.0%, to £12.4 million, beating the consensus of £11.8 million. Diluted EPS was 1.10 pence versus consensus of 1.05 pence. This document was generated for
Insight ReportWalmart (WALMEX.MX) 1Q16 Results: Solid Quarter; Growth Expected to Continue in 2016 Coresight Research April 26, 2016 Executive Summary Walmex reported 1Q16 revenues of MXN$126.4 billion, up 13.2% year over year and ahead of the consensus estimate of MXN$125.5 billion. EPS was MXN$0.39, beating the consensus estimate by .05 pesos and representing a 30.1% increase from 1Q15. Same store sales increased 9.3% in Mexico and 5.0% in Central America on a constant-currency basis. For 2016, management expects continued growth, and consensus estimates call for 9.4% revenue growth and EPS of MXN$1.62, representing 11.7% growth. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportSupervalu (SVU) 4Q16 Results: Same-Store Sales Decline, but EPS Beat Consensus Coresight Research April 26, 2016 Executive Summary Supervalu reported fiscal 4Q16 revenues of $4.0 billion, adjusted for the year-ago period having an additional week, down 2.9% year over year and slightly below the consensus estimate. Adjusted EPS was $0.23, above the consensus estimate of $0.18 but down 4.2% from the year-ago period. All three of Supervalu’s main businesses experienced weak sales trends. Total net sales within the Wholesale division decreased 4.8% from the year-ago quarter. Save-A-Lot same store sales decreased 2.2% and the retail segment same store sales were down 3.9%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportWeekly Retail Promo Update Apr 24, 2016 Coresight Research April 24, 2016 Executive Summary Stores are offering sales on spring apparel and outdoor items. To make way for spring and summer products, department stores are offering deep discounts on clearance items. Department stores are also promoting Mother’s Day sales, offering discounts on women’s apparel and fine jewelry. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for