Flash Report | June 14, 2018 Register for Free Access Fujitsu Launches a Blockchain-Based Reward System for Retail and HospitalityJapanese multinational firm Fujitsu announced the launch of Fujitsu Intelligent Society Solution Blockchain Asset Service, a cloud service, blockchain-based reward system for retail and hospitality operators. Read More
Analyst Corner | June 8, 2018 Register for Free Access Weinswing’s Weekly Jun 8, 2018Amazon is hiking the cost of Prime membership in the US from $99 to $119. The company has already increased the cost for new members and it will begin charging the higher rate for renewals next month. We see this as a risk, and in this week’s note, we outline why. Read More
Insight Report | June 7, 2018 Premium JD.com’s 6.18 Shopping Festival: More than Just DiscountsJD com first launched its annual 6.18 Shopping Festival in 2010. JD.com’s 6.18 event runs for 18 days beginning on June 1 through to June 18,as compared to rival Alibaba’s popular Singles’ Day held on November 11. Read More
Flash Report | June 5, 2018 Register for Free Access Walmart Launches Jetblack, a Concierge-Style Personal Shopping ServiceWalmart launched a members-only personal shopping service called Jetblack on May 31. The service was incubated under Walmart’s tech incubator Store No. 8. Read More
Company Earnings Update | June 1, 2018 Register for Free Access American Eagle Outfitters (AEO) 1Q18 Results: Beats Estimates, Reports Solid Comps Across Brands and ChannelsAmerican Eagle Outfitters reported 1Q18 revenues of $823 million, up 8.0% year over year and beating the $811 million consensus estimate. Adjusted EPS was $0.23, above the $0.22 consensus estimate and up 43.8% from the year-ago quarter. Read More
Flash Report | May 31, 2018 Register for Free Access LVMH Continues Digital Push, Invests in Fashion Search Platform LystLVMH has led an investment in global fashion search platform Lyst. Read More
Company Earnings Update | May 31, 2018 Register for Free Access Michael Kors (KORS) 4Q18 and FY18 Results: Double-Digit Growth in Revenues and Expense Cuts Yield Recovery in ProfitsIn 4Q18, Michael Kors reported a 10.8% jump in revenues, a 14.5% uplift in gross profit and a 6.0% decline in operating expenses. Read More
Insight Report | May 30, 2018 Premium April 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Metrics for April include: Read More
Company Earnings Update | May 30, 2018 Register for Free Access Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate. Read More
Company Earnings Update | May 30, 2018 Register for Free Access Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate. Read More
Analyst Corner | May 25, 2018 Register for Free Access Weinswig’s Weekly May 25, 2018This week’s note “From the Desk of Deborah Weinswig” discusses recent acquisitions by US retailers in an effort to establish a global presence. Read More
Flash Report | May 25, 2018 Register for Free Access Macy’s Appoints Paula Price as CFOOn May 23, Macy’s announced the appointment of Paula A. Price as Chief Financial Officer, effective July 9. Read More
Company Earnings Update | May 23, 2018 Register for Free Access Urban Outfitters (URBN) Fiscal 1Q19 Results: Beats on EPS, Revenue and CompsUrban Outfitters reported fiscal 1Q19 EPS of $0.38, up from $0.10 in the year-ago quarter and above the $0.31 consensus estimate. Total revenues were $855.7 million, up 12.4% year over year and above the $838.4 million consensus estimate. Read More
Company Earnings Update | May 21, 2018 Register for Free Access Tencent (0700.HK) 1Q18 Results: Strong Revenue Growth Driven by Gaming; WeChat MAU Surpass 1 BillionTencent reported 1Q18 revenues of ¥73.5billion ($11.7 billion), up 48% year over year. Non-GAAP diluted EPS was ¥1.92, an increase of 28.2% year over year. The solid results were largely driven by gaming and online advertising. Read More
Company Earnings Update | May 18, 2018 Register for Free Access Walmart (WMT) Fiscal 1Q19 Results: Net Sales Beat Expectations, Guidance Affected by Portfolio RepositioningWalmart reported fiscal 1Q19 net sales of $121.6 billion, up 4.4% year over year and beating the $119.3 billion consensus estimate. US comps increased by 2.1% in the quarter. Adjusted EPS was $1.14, beating the $1.12 consensus estimate. Read More
