March 3, 2017 Deep Dive Premium Deep Dive: An Overview of the Digitalization of the Apparel Supply ChainDigital technologies are transforming the apparel supply chain by challenging old operating models and unleashing new opportunities. This is the first in a series of reports that will investigate the different aspects of the digitalization of the supply chain. As the introduction to the series, this report:
March 3, 2017 Company Earnings Update Register for Free Access Costco Wholesale (COST) Fiscal 2Q17 Results: Misses on EPS, Raises Membership FeesCostco reported fiscal 2Q17 EPS of $1.17, versus $1.24 in the year-ago quarter and missing the $1.36 consensus estimate. Revenues were $29.8 billion, down 5.7% year over year and roughly in line with the consensus estimate.
March 2, 2017 Company Earnings Update Register for Free Access Luxottica (BIT: LUX) FY16 Results: Operating Profits Decline, But EPS Beats ExpectationsItalian eyewear manufacturer Luxottica reported FY16 adjusted EPS of €1.84, up 3.4% year over year and ahead of the consensus estimate of €1.80.
March 2, 2017 Company Earnings Update Register for Free Access American Eagle Outfitters (AEO) 4Q16 Results: Beats by a Penny, Guides Down for 1Q17American Eagle Outfitters reported adjusted 4Q16 EPS of $0.39, versus $0.35 in the year-ago quarter and beating the consensus estimate by a penny. Revenues were $1.10 billion, down 0.8% year over year and slightly below the consensus estimate.
February 27, 2017 Company Earnings Update Register for Free Access Baidu (BIDU) 4Q16 Results: EPS Beats, Revenue Falls on Revamped Advertising PracticesBaidu reported 4Q16 non-GAAP diluted EPS of ¥13.23, up 73.9% year over year, beating the consensus by 77.1%. Revenue was ¥18.21 billion, down 2.6% year over year and in line with consensus, as the company took measures to revamp its advertising practices to meet stringent requirements for vetting advertising customers.
February 27, 2017 Deep Dive Premium Deep Dive: Gen Z and Beauty—the Social Media SymbiosisThis report is part of our new series, The New Beauty Consumer, which looks at various aspects of beauty retailing and consumption.
February 24, 2017 Company Earnings Update Register for Free Access Gap (GPS) 4Q16 Results: Solid Earnings and a Revenue Beat; Comps Expected to Be Flat to Up Slightly for FY17Gap reported 4Q16 adjusted EPS of $0.51, down from $0.57 in the year-ago quarter but above the consensus estimate of $0.50. The company reported revenue of $4.43 billion, up1% from the year-ago quarter and above the $4.41billion consensus estimate.
February 23, 2017 Company Earnings Update Register for Free Access L Brands (LB) 4Q16 Results: Beats Expectations, Comps FlatL Brands reported 4Q16 revenue of $4.5 billion, up 2.2% from last year’s $4.4 billion and beating the consensus estimate of $4.4 billion. Adjusted EPS was $2.03, beating the consensus estimate of $1.90.
February 23, 2017 Company Earnings Update Register for Free Access Esprit (330 HK) 1H17 Results: Recovers from a Net Loss, but Revenue ShrinksEsprit posted a net profit of HK$66 million for 1H17, a turnaround from the net loss of HK$232 million for the same period last year, driven by an increase in retail sales productivity and trimming operation costs.
February 23, 2017 Company Earnings Update Register for Free Access Ctrip.com (NASDAQ:CTRP) 4Q16 Results: Strong Beat on Top Line and OPM; Eyes on Overseas ExpansionCtrip reported 4Q16 revenue of ¥5.1 billion, up 76% year over year, beating consensus by 2%. Non-GAAP operating margin was 16%, better than guidance of 8%–10%. The increase in revenue is primarily due to the consolidation of the financial results of Qunarsince December 31, 2015.
February 22, 2017 Company Earnings Update Register for Free Access Walmart (WMT) Fiscal 4Q17 Results: Solid Quarter and Comps, Strong E-CommerceWalmart reported fiscal 4Q17 adjusted EPS of $1.30, down from $1.43 in the year-ago quarter but above the $1.28 consensus estimate. Total revenues were $130.9 billion, up 1.0% year over year and slightly below the $131.1 billion consensus estimate.
February 22, 2017 Company Earnings Update Register for Free Access Macy’s (M) 4Q16 Results: Restructuring amid Disappointing ResultsMacy’s reported 4Q16 total revenues of $8.5 billion, down 4% year over year and missing the consensus estimate of $8.6 billion. EPS was $2.02, beating the consensus estimate of $1.95.
February 22, 2017 Company Earnings Update Register for Free Access Vipshop (VIPS) 4Q16 Results: Solid Performance Beats Estimates, on Jump in Active Customer Base and Expansion of Logistics ServiceVipshop reported 4Q16 revenue of ¥19.0 billion, up 36.5% year over year, beating consensus by 4%. This was primarily driven by the increase in the number of total active customers and total orders.
February 17, 2017 Analyst Corner Register for Free Access Weekly Insights Feb 17, 2017This week’s note “From the Desk of Deborah Weinswig” discusses new trends in fashion retail as well as the needs and desires of the mass market
February 16, 2017 Company Earnings Update Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Sequential Sales Improvement in JanuaryH&M reported total sales rose by 8% year over year in local currencies in January 2017. This compares to sales growth of 6% in December. January sales were negatively impacted by 2% due to a calendar impact.
