May 31, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY MAY 31 2019This week’s note “From the Desk of Deborah Weinswig” looks at Lidl’s plans to expand into the US grocery market – breaking from traditional big to small-format stores.
May 31, 2019 Event Coverage Register for Free Access World Retail Congress 2019 Wrap-UpLuxury in 2019 is capturing young consumers with beauty, wellness and exclusivity in the form of “drops,” creating a sense of exclusivity while remaining inclusive.
May 31, 2019 Company Earnings Update Register for Free Access Capri Holdings (NYSE: CPRI) 4Q19 Results: Strong Revenue Growth Driven by Versace and Jimmy ChooRevenues in the 4th quarter increased 13.6% to $1.34 billion on a reported basis, driven by strong sales in Versace (acquired on Dec 31, 2018) and Jimmy Choo, and above the $1.33 billion estimate.
May 31, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 22: Cato Announces ClosuresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.
May 31, 2019 Company Earnings Update Register for Free Access PVH (NYSE: PVH) 1Q19 Results: Revenue Misses, US Comps Decline as Tariffs and International Tourism Impact DemandPVH 1Q19 revenues grew 2.2% to $2.36 billion, missing the consensus estimate of $2.37 billion. Adjusted 1Q19 EPS rose 4.2% to $2.46 versus $2.36 in the same period last year and the $2.45 consensus estimate.
May 31, 2019 Company Earnings Update Register for Free Access Ulta (NASDAQ: ULTA) 1Q19 Results: Mixed Results, Plans to Open 80 New Stores This YearUlta reported fiscal 1Q19 revenues of $1.74 billion, up 12.9% year over year and below the consensus estimate of $1.75 billion.
May 31, 2019 Company Earnings Update Register for Free Access Burlington Stores (NYSE: BURL) 1Q19 Results: Mixed Results, Lowers Guidance, Home and Beauty Categories Present the Largest Growth OpportunitiesBurlington Stores reported fiscal 1Q19 revenues of $1.63 billion, up 7.3% year over year and beating the consensus estimate of $1.62 billion. The company’s earnings per share (EPS) were $1.26, even with the year ago period and above the consensus estimate of $1.25.
May 31, 2019 Insight Report Premium US-China Trade Issues: A TimelineThe trade war between the US and China has been going on for over a year. In this report, we summarize the timeline of how it progressed and its recent escalation.
May 31, 2019 Event Coverage Register for Free Access Coresight Research Teams Up with Goodwill for Event to Raise Funds, Awareness of New Retail ConceptCoresight Research CEO and Founder Deborah Weinswig was one of three guests honored to be invited to a fund-raising event in New York City hosted by Goodwill Industries of Greater New York and Northern New Jersey (Goodwill NYNJ).
May 30, 2019 Company Earnings Update Register for Free Access Ross Stores (NasdaqGS: ROST) 1Q19 Results: Beats Consensus, Men’s Category Performs Well While Ladies Apparel UnderperformsRoss Stores 1Q19 revenues were $3.79B even with the consensus estimate and up 5.8% YoY. The company reported 1Q19 adjusted EPS of $1.15, higher than the consensus estimate of $1.12.
May 30, 2019 Company Earnings Update Register for Free Access The TJX Companies (NYSE: TJX) 1Q20 Results: Company Beats Expectations and Raises Full-Year GuidanceTJX Cos. reported fiscal 1Q20 revenues of $9.28B, up 6.8% YoY and beating the consensus estimate of $9.22B. The company’s EPS grew 1.8% YoY to $0.57, exceeding the high end of its guidance of $0.53-0.54.
May 30, 2019 Company Earnings Update Register for Free Access Dick’s (NYSE: DKS): 1Q19 Results: Revenues Up, Beats Consensus, Replacing Hunt Category in 125 StoresDick’s reported fiscal 1Q19 revenues of $1.92 billion, beating the consensus estimate of $1.90 billion, and up 0.6% year over year.
May 30, 2019 Company Earnings Update Register for Free Access Nordstrom (NYSE: JWN) 1Q19 Results: Company Misses Expectations and Lowers GuidanceNordstrom reported 1Q19 revenues of $3.3B, down 3.5% YoY and below the consensus estimate of $3.5B. The company’s EPS declined 55% year over year to $0.23, missing the consensus estimate of $0.43.
May 30, 2019 Event Coverage Register for Free Access Pitney Bowes 2019 Investor Day: Transformation Through Changing Mix Toward Growth Markets, Data and Global E-Commerce OfferingsPitney Bowes’ 2019 investor day focused on its change in business mix to fuel revenue growth, in addition to its data and global e-commerce offerings.
May 29, 2019 Deep Dive Premium Introduction to Retail TechCoresight Research recently launched coverage of the Coresight RetailTech 20: A selection of 20 of the most important global companies providing technology tailored for retail.
