Company Earnings Update | August 17, 2018 Register for Free Access Macy’s (M) 2Q18 Results: Beats on Revenues, EPS and Comps, Raises GuidanceMacy’s reported 2Q18 adjusted EPS of $0.70, beating the $0.51 consensus estimate. Revenues were $5.57 billion, down 1.1% year over year but beating the consensus estimate of $5.55 billion. Read More
Company Earnings Update | August 16, 2018 Register for Free Access Home Depot (HD) 2Q18 Results: Beats on EPS and Same-Store Sales, Raises Full-Year OutlookHome Depot reported 2Q18 EPS of $3.05, up from $2.25 in the year-ago quarter and ahead of the $2.84 consensus estimate. Total revenues were $30.46 billion, up 8.4% year over year and ahead of the $30.03 billion consensus estimate. Read More
Company Earnings Update | August 10, 2018 Register for Free Access Adidas (ETR: ADS) 2Q18 Results: Beats Expectations with Further Double-Digit Revenue Growth and Solid Gross-Margin GainsAdidas grew 2Q18 revenues by 10% year over year at constant currency, with revenues, EBIT and net profit all coming in ahead of consensus. Read More
Analyst Corner | August 10, 2018 Register for Free Access Weinswig’s Weekly August 10, 2018This week’s note “From the Desk of Deborah Weinswig” discusses five reasons we’re optimistic about this year’s back-to-school shopping season. Read More
Company Earnings Update | August 9, 2018 Register for Free Access Michael Kors (KORS) Fiscal 1Q19 Results: Company Beats Expectations and Raises GuidanceMichael Kors reported fiscal 1Q19 revenues of $1.20 billion, up 26.3% year over year and above the consensus estimate of $1.14 billion. Diluted EPS was $1.22, up 52.5% from the year-ago quarter and above the consensus estimate of $0.94. Read More
Analyst Corner | August 3, 2018 Register for Free Access Weinswig’s Weekly August 3, 2018This week’s note “From the Desk of Deborah Weinswig” discusses recent partnerships between retailers and tech companies. Read More
Company Earnings Update | August 3, 2018 Register for Free Access Clorox (CLX) Fiscal 4Q2018 Results: Company Beats on Earnings, Misses Revenue and Raises GuidanceClorox reported fiscal 4Q18 revenues of $1.69 billion, up 2.7% year over year and below the consensus estimate of $1.72 billion. Diluted EPS was $1.66, up 9.2% from the year-ago quarter and above the consensus estimate of $1.58. Read More
Company Earnings Update | August 3, 2018 Register for Free Access Avon (AVP) 2Q18 Results: Misses Consensus Estimates, Big Plans for the Second HalfAvon Products reported 2Q18 adjusted EPS of $(0.02), missing the breakeven consensus estimate. Revenues were $1.35 billion, down 3.2% year over year, missing the consensus estimate of $1.40 billion. Read More
Company Earnings Update | August 2, 2018 Register for Free Access Next (LSE: NXT) 2Q18 Trading Update: Exceptionally Hot Summer Buoys Sales GrowthBritish fashion retailer Next reported an increase of 2.8% in total full-price sales for the 12 weeks ended July 28, 2018. Read More
Company Earnings Update | August 2, 2018 Register for Free Access HanesBrands (HBI) 2Q18 Results: Misses on Earnings, Target Will Not Renew Champion Activewear DealHanesBrands reported 2Q18 revenues of $1.72 billion, up 4.2% year over year and beating the $1.71 billion consensus estimate. Adjusted EPS of $0.45 was down from $0.53 in the year-ago quarter, slightly below the $0.46 consensus estimate and at the midpoint of the company’s $0.44–$0.46 guidance range. Read More
Company Earnings Update | July 31, 2018 Register for Free Access Amazon (AMZN) 2Q18 Results: Falls Short on Revenues but Beats on EPSAmazon reported 2Q18 EPS of $5.07, handily beating the $2.49 consensus estimate and up 1,166% year over year. Revenues were $52.9 billion, up 39.3% year over year but short of the consensus estimate of $53.45 billion. Read More
Analyst Corner | July 27, 2018 Register for Free Access Weinswig’s Weekly July 27, 2018This week’s note “From the Desk of Deborah Weinswig” discusses whether Amazon is a threat to off-price retailers. Read More
Company Earnings Update | July 27, 2018 Register for Free Access Under Armour (UAA) 2Q18 Results: Beats on Revenue and Continues SKU RationalizationUnder Armour reported 2Q18 adjusted EPS of $(0.08), in line with the consensus estimate. Total revenues were $1.17 billion, beating the $1.15 billion consensus estimate and up 7.7% year over year. Read More
Company Earnings Update | July 27, 2018 Register for Free Access L’Oreal (ENXTPA: OR) 1H18 Results: Confirming Resurgent Chinese Demand for Premium ProductsL’Oréal reported strong underlying growth of 6.6% in 1H18, though currency effects dampened reported numbers and, so, profit gains. Read More
Company Earnings Update | July 27, 2018 Register for Free Access Facebook (FB) 2Q18 Results: Misses Revenue Estimates and Warns of Slower GrowthFacebook reported 2Q18 diluted EPS of $1.74, beating the $1.72 consensus estimate by $0.02 and up 32% year over year. Revenues were $13.23 billion, up 42% year over year but missing the consensus estimate of $13.36 billion. Read More