May 19, 2017 Company Earnings Update Register for Free Access Gap (GPS) 1Q17 Results: Tops EPS Expectations; Solid Same-Store SalesGap reported 1Q17 EPS of $0.36, up from $0.32 in the year-ago quarter and above the $0.29 consensus estimate. Foreign currency negatively impacted EPS by an estimated $0.03, or about 9%. Total revenues were $3.44 billion, roughly flat year over year.
May 19, 2017 Company Earnings Update Register for Free Access Walmart (WMT) Fiscal 1Q18 Results: Mixed Quarter, Light GuidanceWalmart reported fiscal 1Q 2018 EPS of $1.00, up from $0.98 in the year-ago quarter and beating the $0.96 consensus estimate. Total revenues were $117.5 billion, up 1.4% year over year and slightly below the consensus estimate.
May 18, 2017 Company Earnings Update Register for Free Access Tencent (0700.HK) 1Q17 Results: Strong Beat Led by Strength in Gaming and Social NetworkTencent reported 1Q17 revenues of ¥49.6 billion, up 54.9% year over year. Non-GAAP diluted EPS was ¥1.49, up 41.0% year over year. The solid results were largely driven by the gaming and social network segments.
May 18, 2017 Company Earnings Update Register for Free Access L Brands (LB) 1Q17 Results: Beats on EPS Despite Victoria’s Secret’s Sales SlumpL Brands reported 1Q17 adjusted EPS of $0.33, down 44.1% from the year-ago quarter, but above the $0.29 consensus estimate. Total revenues were $2.44 billion versus expectations of $2.46 billion, and were down 6.8% year over year.
May 17, 2017 Deep Dive Premium Deep Dive: The Evolution of Corporate InnovationThe rapid development of new retail technologies across the online, mobile and in-store channels, along with disruption from startups, is dramatically shifting consumers’ expectations and behaviors.
May 17, 2017 Company Earnings Update Register for Free Access Urban Outfitters (URBN) Fiscal 1Q18 Results: EPS Misses Expectations on Weak CompsUrban Outfitters reported fiscal 1Q18 EPS of $0.10, below the consensus estimate of $0.16. Total revenues were $761.2 million, below the consensus estimate of $769.8 million and down 0.2% from the year-ago quarter.
May 16, 2017 Deep Dive Premium Deep Dive: WeChat— From Messaging App to Profitable EcosystemWith no apparent competitors in sight, WeChat, the flagship mobile instant-messaging platform and social network of internet services giant Tencent, holds court in China. Coupled with differentiable features, WeChat is on track to continue increasing user engagement and retention.
May 13, 2017 Company Earnings Update Register for Free Access Macy’s (M) 1Q17 Results: Management Reiterates FY17 Guidance, Despite Difficult EnvironmentMacy’s reported 1Q17 adjusted EPS of $0.24 compared with the consensus estimate of $0.36.
May 10, 2017 Company Earnings Update Register for Free Access JD.com (JD) 1Q17 Results: Earnings Beat; JD Logistics Established as Separate Business GroupJD.com reported 1Q17 revenues of ¥76.23 billion, up 41% year over year, and beating the consensus estimate of ¥73.60 billion. Non-GAAP diluted earnings per ADS was ¥1.01, compared to a net loss per ADS of ¥0.15 for 1Q16.
May 9, 2017 Company Earnings Update Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Slight Sales Improvement in AprilH&M reported that total sales rose by 7% year over year in local currencies in April 2017. This compares to growth of 6% in March.
May 9, 2017 Flash Report Register for Free Access Coach to Acquire Kate Spade for $2.4 BillionCoach announced on Monday, May 8, that it has signed a definitive agreement to acquire Kate Spade for $2.4 billion in an all-cash transaction. The transaction is equal to $18.50 per share, a 27.5% premium to the unaffected closing price of Kate Spade shares on December 27, 2016.
May 5, 2017 Company Earnings Update Register for Free Access Adidas (ETR: ADS) 1Q17 Results: North America and Greater China Deliver Strong PerformanceAdidas reported 1Q17 net sales of €5,671 million, up 18.9% on a reported basis and up 16.0% on a constant-currency basis. Net sales for the quarter were above the consensus estimate of €5,387 million. Revenue growth was underpinned by strong performance in North America and Greater China.
May 4, 2017 Company Earnings Update Register for Free Access Apple (AAPL) 2Q17 Results: Beats on EPS, 3Q Guidance Below ConsensusApple reported 2Q17 EPS of $2.10, up 10.4% year over year and beating the consensus estimate of $2.02. Revenues were $52.9 billion, up 4.6% year over year and slightly below the $53.1 billion consensus estimate.
May 2, 2017 Company Earnings Update Register for Free Access Baidu (BIDU) 1Q17 Results: Revenue Improved on Higher Spending Per Customer, Non-GAAP Earnings BeatBaidu reported 1Q17 non-GAAP diluted earnings per ADS of ¥6.85, up 0.7% year over year, to beat the consensus of ¥6.15. Revenues reached ¥16.9 billion, up 6.8% year over year and in line with the consensus estimate.
May 2, 2017 Company Earnings Update Register for Free Access Luxottica (MIL:LUX) 1Q17 Trading Update: North American Sales UnderperformingLuxottica reported that its adjusted revenue in 1Q17 increased to €2,384 million, up 5.2% year over year and up 1.9% at constant currency. The result was slightly above the consensus estimate of €2,377 million.
