Company Earnings Update | September 1, 2017 Register for Free Access Carrefour (ENXTPA: CA) 1H17 Results: Profits Fall, Warns of Impact on Full-Year Results and Lowers Sales OutlookCarrefour reported 1H17 net sales up by 6.2%, or a 3.2% increase at constant currency. Read More
Deep Dive | August 30, 2017 Premium Deep Dive: Future Proofing Department Stores in Asia—Part 1In this first report of our Asia Department Store series, we explore how the department store industry in Asia needs to evolve to navigate through the myriad of challenges currently facing the industry. Read More
Deep Dive | August 29, 2017 Premium Deep Dive: Blockchain Mini-Series— Retail ApplicationsThis is the second report of our Blockchain Mini-Series, in which we cover the potential applications of blockchain technology in retail and supply-chain management. Read More
Company Earnings Update | August 25, 2017 Register for Free Access PVH (PVH) 2Q17 Results: Beats Consensus and Raises EPS GuidancePVH Corp. reported 2Q17 revenues of $2.1 billion, up 7.0% year over year and slightly above the $2.03 billion consensus estimate. Adjusted EPS was $1.69, up from $1.47 in the year-ago quarter and beating both the consensus estimate of $1.64 and the company’s own guidance of $1.60–$1.63. Read More
Company Earnings Update | August 25, 2017 Register for Free Access Abercrombie & Fitch (ANF) 2Q17 Results: Beats on EPS, Revenues and CompsAbercrombie & Fitch reported 2Q17 adjusted EPS of $(0.16), compared with $(0.25) in the year-ago quarter and beating the consensus estimate of $(0.33). Revenues were $779 million, down 0.5% year over year but beating the consensus estimate of $759 million. Read More
Flash Report | August 24, 2017 Register for Free Access Amazon’s Bid to Acquire Whole Foods Gains FTC ApprovalOn June 16, Amazon announced the signing of a definitive agreement to acquire Whole Foods Market for $13.7 billion in cash. Read More
Company Earnings Update | August 24, 2017 Register for Free Access Lowe’s (LOW) 2Q17 Results: Misses on EPS and Revenue, Sees Strong Comp MomentumLowe’s reported 2Q17 adjusted EPS of $1.57, up from $1.37 in the year-ago period and missing the $1.62 consensus estimate. The company reported revenue of $19.50 billion, which was below the $19.55 billion consensus estimate but up 6.8% from the year-ago quarter. Read More
Flash Report | August 22, 2017 Register for Free Access Macy’s Names New President, Announces RestructuringOn August 21 after the market close, Macy’s announced the appointment of Hal Lawton as President, effective September 8. Lawton will be responsible for the Macy’s brand, including merchandising, marketing, stores, operations, technology, and consumer insights and analytics. Lawton was previously SVP of eBay North America. He will report to CEO Jeff Gennette. Read More
Company Earnings Update | August 21, 2017 Register for Free Access Alibaba (BABA) 1Q FY18 Results: Beats on Earnings, Expanding Global FootprintAlibaba reported 1Q FY18 revenue of ¥50.2 billion, up 56% year over year, and beat the consensus estimate by 4.8%. The company attributed the strong results to a steady increase in revenues from its core commerce segment, as well as the strong growth in emerging businesses, including cloud computing, digital media and entertainment. Read More
Company Earnings Update | August 18, 2017 Register for Free Access Walmart (WMT) Fiscal 2Q18 Results: Beats Consensus and Raises GuidanceWalmart reported fiscal 2Q18 adjusted EPS of $1.08, up from $1.07 in the year-ago quarter and beating the $1.07 consensus estimate. Total revenues were $123.4 billion, up 2.1% year over year and beating the consensus estimate of $122.8 billion. Read More
Company Earnings Update | August 16, 2017 Register for Free Access Home Depot (HD) 2Q17 Results: Highest Quarterly Sales in Company HistoryHome Depot reported 2Q17 EPS of $2.25, up 14% from the year-ago quarter and beating the $2.21 consensus estimate. Total revenues for 2Q17 were $28.1 billion, versus expectations of $27.8 billion, and were up 6.2% year over year. The results represent the highest quarterly sales and net earnings in the company’s history. Read More
Company Earnings Update | August 16, 2017 Register for Free Access Coach (COH) Fiscal 4Q17 Results: Weak Quarter, Sales Miss ExpectationsCoach reported fiscal 4Q17 adjusted EPS of $0.50, beating the consensus estimate by a penny and up from $0.45 in the year-ago quarter. Revenues were $1.13 billion, down slightly from $1.15 billion in the year-ago period and below the consensus estimate of $1.15 billion. Read More
Deep Dive | August 15, 2017 Premium Deep Dive: Reality Technology in Retail— The Disruptive Force of AR, VR and MRDefine the three types of reality technology—AR, VR and MR—and show how retailers, including IKEA and Alibaba, have introduced reality technology to provide customers with a virtual “try before you buy” service and new ways to shop. Read More
Deep Dive | August 11, 2017 Premium Deep Dive: How Direct Selling Remains Relevant in the Digital AgeThe global direct selling market rebounded to US$134.2 billion in 2016, up 2.8% from the previous year. China follows the US closely as the second largest direct selling market, valued at US$33.9, and the country is expected to overtake the US as the largest direct selling market in the next few years. Read More
Company Earnings Update | August 11, 2017 Register for Free Access Macy’s (M) 2Q17 Results: Beats Expectations and Is on Track to Meet Full-Year GuidanceMacy’s reported 2Q17 adjusted EPS of $0.48, beating the consensus estimate of $0.46. Total revenues declined by 5.4% year over year, to $5.55 billion, reflecting announced store closures. Read More
