March 12, 2019 Insight Report Premium New Retail Briefing #5: Alipay Pushes Cross-Border Payment; JD.com Continues Unstaffed Delivery Initiatives Abroad“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond.
March 12, 2019 Company Earnings Update Register for Free Access Costco Wholesale (NASDAQ: COST) Fiscal 2Q19 Results: Solid Quarter with Slightly Light Revenues and Blowout EPSCostco reported fiscal 2Q19 revenues of $35.40 billion, up 7.3% year over year and slightly below the $35.65 billion consensus estimate. EPS was $2.01, up 26.6% year over year and handily beating the $1.69 consensus estimate. Comps (excluding gasoline and other items) increased 6.7%, and e-commerce comps increased 25.5%.
March 8, 2019 Deep Dive Premium Blockchain in Retail: Decentralizing the Digitalization of Retail OperationsBlockchain technology has the potential to disrupt retail as it can decentralize processes through which retailers interact with partners, industry players and consumers, making operations more efficient and secure. We looked into the implications for this technology
March 8, 2019 Company Earnings Update Register for Free Access American Eagle Outfitters (NYSE: AEO) Fiscal 4Q18 Results: Revenues Up, Comps Up 23% at Aerie, Opening 60-70 Aerie Locations in 2019AEO reported fiscal 4Q18 revenues of $1.24B, lower than the consensus estimate of $1.B, and up 1.3% YoY. The company reported 4Q18 EPS of $0.43, higher than the consensus estimate of $0.42 and exceeding the company’s guidance of $0.40-$0.42, but lower than the year ago period. American Eagle’s fourth quarter comp sales rose 3%, marking the seventh consecutive quarter of comp increases. In 1Q19, the company projects EPS of $0.19 to $0.21, lower than the consensus estimate of $0.24. AEO expects comparable sales to be in the positive low single digits. The company expects to open 60-70 stores in 2019.
March 8, 2019 Company Earnings Update Register for Free Access Kroger (NYSE: KR) Fiscal 4Q18 Results: Comp Growth Strengthens, as Management Points to the Fruits of Its “Restock Kroger” ProgramKroger reported a 1.8% increase in same-store sales in 4Q18, up from 1.6% in the prior quarter and in line with consensus. Total reported sales declined due to the divestiture of its convenience store business.
March 7, 2019 Company Earnings Update Register for Free Access Urban Outfitters (NYSE: URBN) Fiscal 4Q19 Results: Revenues Up, Comps Up, Plans to Open Net 15 New Stores in 2019Urban Outfitters reported fiscal 4Q19 revenues of $1.13B, up 3.7% year over year. The company reported 4Q19 adjusted EPS of $0.83, up 20.3% from the year ago period. Comparable sales were up 3.7% YoY. By brand, comparable retail sales increased by 4% at Free People, 4% at Urban Outfitters, 2% at Anthropologie. For fiscal FY20, the company plans to open 28 new stores and close 13 stores, with a net of 15 new stores across its banners. The company stated that the Urban Outfitters’ brand recorded exceptional growth in China on its Tmall Global platform, and in the summer of 2019, the Urban Outfitters brand will launch on the larger Tmall Classic platform as well.
March 7, 2019 Insight Report Premium January 2019 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics that reflect consumer demand in the US, the UK and China. In these updates, we focus on direct, leading indicators of the health of the consumer economy.
March 7, 2019 Insight Report Premium Insights from China: Leveraging the Power of Douyin (TikTok) to Reach and Engage Young Chinese ConsumersDouyin, known as TikTok overseas, is a short video app which allows users to share short videos. The Beijing-based Internet company ByteDance launched the app in 2016 and its international version TikTok a year later. The app gained traction rapidly.
March 5, 2019 Market Navigators/Market Outlook Premium Sector Overview: Consumer Packaged Goods — Demand Is Strong, but Companies Must Be Agile to Meet Consumers’ NeedsEach of our Sector Overview reports provides an essential briefing on a sector or market. In this report, we review the global consumer packaged goods (CPG) market.
March 5, 2019 Deep Dive Premium A Guide to Entering China for Foreign Brands and Retailers, Part 3: Breaking into the China Market — Optimizing Marketing and Promotional Strategies for Singles’ DayIn this is the third report in our series A Guide to Entering China for Foreign Brands and Retailers, we focus on how foreign brands can use Singles’ Day as a springboard to enter China, leveraging our proprietary data on brands’ sales performance on Singles’ Day 2018 on Tmall.
March 5, 2019 Flash Report Register for Free Access Alibaba Forms Strategic Collaboration with Office Depot to Serve US BusinessesAlibaba Group’s business-to-business (B2B) trading platform Alibaba.com announced a strategic collaboration with the US business services and supplies company Office Depot.
March 4, 2019 Company Earnings Update Register for Free Access Foot Locker (NYSE: FL) 4Q18 Results: Revenues Up, Comps Up 9.7%, FL Closing 165 Stores in 2019Foot Locker 4Q18 revenues were $2.27 billiob, up 2.8% YoY, above consensus of $2.18 billion. The company reported 4Q18 adjusted EPS of $1.56, beating consensus of $1.40. Comps rose 9.7% for the quarter. Management expects mid-single digit comp gains and a double digit percentage increase in EPS in 2019. The company plans to close 165 stores.
March 1, 2019 Market Navigators/Market Outlook Premium Sector Overview: E-Commerce — Online-Offline Integration in a Winner-Takes-All SectorEach of our Sector Overview reports provides an essential briefing on a sector or market. This report focuses on e-commerce.
March 1, 2019 Event Coverage Register for Free Access Becoming the “Starting Point for Fashion,” Tripling GMV in Five Years, and Ending One-Size-Fits-All: Three Insights from Zalando’s 2019 Capital Markets DayZalando wants to attract more brands to its Partner Program and to sell fulfillment and marketing services to more of them — creating a stronger multibrand proposition.
March 1, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY March 1, 2019This week’s note “From the Desk of Deborah Weinswig” discusses the adaptive clothing and footwear market, which represents a $47.3 billion opportunity in the US.
