August 28, 2019 Flash Report Register for Free Access Clothing Rental Upstart Le Tote to Acquire Iconic Century-old Brand Lord + Taylor from HBC for $100 MillionApparel rental upstart Le Tote to acquire century-old Lord + Taylor in what could be a growing trend of online disruptors moving into more traditional spaces.
August 28, 2019 Flash Report Register for Free Access Pitney Bowes to Sell Software Solutions Business to Syncsort for $700 Million in Cash, Reduces Guidance from Divestiture and TariffsPitney Bowes announced a definitive agreement to sell its Software Solutions business to Syncsort for $700 million in cash. The divestiture will enable PBI to focus on its core shipping, mailing and related businesses.
August 28, 2019 Flash Report Register for Free Access Target Announces Major Collaboration Deal with Disney25 Target locations will have Disney shop-in-shops by October 4, 2019.
August 28, 2019 Flash Report Register for Free Access Cisco Announces Intention to Acquire Cloud Data Predictive Analytics Company CloudCherryCisco announced its intention to acquire cloud data-analytics company CloudCherry, which provides predictive analytics, rich customer journey mapping and sophisticated survey capabilities for customers operating contact centers in the cloud or on-premises.
August 27, 2019 Company Earnings Update Register for Free Access Foot Locker (NYSE: FL) 2Q19 Results: Misses Consensus Estimates, Maintains GuidanceFoot Locker 2Q19 revenues were $1.77 billion, down 0.4% year over year, below the consensus estimate of $1.82 billion. The company reported 2Q19 adjusted EPS of $0.66, down 12% from the year ago period.
August 23, 2019 Insight Report Premium July 2019 Monthly Consumer Update: US, UK and ChinaUS wage growth continued to comfortably outpace inflation. Retail sales growth strengthened.
August 23, 2019 Company Earnings Update Register for Free Access Ross Stores, Inc. (NYSE: ROST) 2Q19 Results: Delivers Respectable Gains and Plans to Open 42 Stores in 3QRoss Stores 2Q19 revenues were $3.78 billion, lower than the consensus estimate of $3.96 billion and up 6.5% year over year. The company reported 2Q19 adjusted EPS of $1.14.
August 23, 2019 Company Earnings Update Register for Free Access Dick’s (NYSE: DKS): 2Q19 Results: Revenues Up, Beats Consensus, Replaced Hunt Category with Localized Content in 135 StoresDick’s reported fiscal 2Q19 revenues of $2.26 billion, beating the consensus estimate of $2.21 billion, and up 3.8% year over year.
August 23, 2019 Company Earnings Update Register for Free Access Gap Inc. (NYSE: GPS) 2Q19 Results: Sales Miss, Reiterates Adjusted EPS and Comps GuidanceGap reported fiscal 2Q19 revenues of $4.0 billion, down 2.0% year over year, slightly missing the consensus estimate. Adjusted earnings per share (EPS) were $0.63, down 17.1% from the year-ago period, but ahead of the consensus estimate of $0.53.
August 23, 2019 Company Earnings Update Register for Free Access BJ’s Wholesale Club (NYSE: BJ) 2Q19 Results: Comps in Line But Revenues Miss Consensus Estimates; Margins ImproveBJ’s Wholesale Club reported 1Q19 adjusted EPS of $0.39, up 27.1% and beating the consensus estimate $0.37. Revenues were $3.35 billion, up 1.2% but below the $3.39 billion consensus estimate.
August 23, 2019 Deep Dive Premium Fashion Online to OfflineDriven by advancements in digital channels, digitally native retailers are adapting to consumer preferences – but are also opening brick-and-mortar stores.
August 23, 2019 Insight Report Premium 30 Global Retail Cities: BostonNewbury Street is a popular hub, hosting hundreds of shops, right off of the Boston Public Garden.
August 22, 2019 Company Earnings Update Register for Free Access Lowe’s Companies, Inc. (NYSE: LOW) 2Q19 Results: Revenues and Comps Beat Consensus Estimates; Guidance ReaffirmedLowe’s reported 2Q19 adjusted EPS of $2.15, up 3.9% and comfortably beating the $2.00 consensus estimate. Revenues were $20.99 billion, up 0.5% and ahead of the $20.93 billion consensus.
August 22, 2019 Company Earnings Update Register for Free Access HP Inc. (NYSE: HPQ) 3Q19 Results: Results Beat/In Line with Consensus, Growth Driven by Desktops, Raises Annual EPS Forecast, Announces CEO SuccessionHP reported fiscal 3Q19 results that were in line/beat consensus estimates. Growth was driven by strength in PC desktops, and the company raised annual EPS guidance. The company named a successor to the CEO, who is leaving due to family health reasons.
August 22, 2019 Company Earnings Update Register for Free Access Salesforce (NYSE: CRM) 2Q20 Results: Quarter in Line/Beats Consensus, Strength from Marketing and Commerce, Raises Revenue GuidanceSalesforce’s F2Q20 results were in line/beat consensus estimates, driven by strength in the marketing and commerce cloud segment, and the company raised annual revenue guidance.
