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
Company Earnings Update | June 13, 2018 Register for Free Access Restoration Hardware (RH) Fiscal 1Q18 Results: Beats on EPS and Comps, Raises GuidanceRestoration Hardware reported 1Q18 adjusted EPS of $1.33, up from $0.05 in the year-ago period and above the $1.01 consensus estimate. Revenues were $557.4 million, down 0.8% year over year and below the $563 million consensus estimate. Read More
Company Earnings Update | June 13, 2018 Register for Free Access Boohoo Group (LSE: BOO) 1Q19 UpdateBoohoo.com reported 1Q19 group revenue growth of 53.0% to £183.6 million in the three months ended May 31, 2018. 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
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 5, 2018 Register for Free Access Ascena (ASNA) Fiscal 3Q18 Results: Beats Expectations, Provides Mixed GuidanceAscena reported fiscal 3Q18EPS of $(0.08),down from $0.05a year ago, but beating the consensus estimate by a penny.Adjusted revenues were $1.50 billion, down 4.0% year over year,but above the $1.47 billion consensus estimate. Read More
Insight Report | June 4, 2018 Premium Amazon Prime Day 2018 Preview: Echo Devices and Private-Label Products Look Set to Take Center StageAmazon Prime Day 2018 will start on July 16, 2018. This year, the company has announced a bigger-than-ever promotional event, which will see more deals and more products on offer for a longer period of time. 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
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 24, 2018 Register for Free Access Marks & Spencer (LSE: MKS) FY18 Results: Exceptional Costs Hit Profits; Only on “Mile Three or Four of a Marathon”Marks & Spencer (M&S) reported a 38% fall in operating profit and a 62% slump in pretax profit in FY18. The declines were largely due to costs related to store closures. Read More