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.
May 29, 2019 Insight Report Premium Who Shops Where for Beauty and Grooming: US Shopper DemographicsOur Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of beauty, grooming and personal care shoppers.
May 29, 2019 Company Earnings Update Register for Free Access Foot Locker (NYSE: FL) 1Q19 Results: Misses Consensus Estimates, Lowers GuidanceFoot Locker 1Q19 revenues were $2.08B, up 2.6% YoY, below the consensus estimate of $2.12B. The company reported 1Q19 adjusted EPS of $1.53, down 5% from the year ago period.
May 29, 2019 Company Earnings Update Register for Free Access L Brands (NYSE: LB) 1Q19 Results: Mixed Results, Focus on Improving Merchandise Assortment at Victoria’s Secret and PINKL Brands 1Q19 revenues were $2.63B, up 0.1% YoY and higher than the consensus estimate of $2.56B. Comparable sales were flat compared to a 3% increase last year and above consensus of (1.3)%.
May 28, 2019 Insight Report Premium Who Shops Where for Groceries: US Shopper DemographicsOur Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of in-store grocery shoppers.
May 28, 2019 Company Earnings Update Register for Free Access Lowe’s Companies (NYSE: LOW) 1Q19 Results: Revenues and Comps See Growth but Gross Margin ContractsLowe’s reported 1Q19 adjusted EPS of $1.22, up 2.5% but considerably short of the $1.33 consensus estimate. Revenues were $17.74 billion, up 2.2% and ahead of the $17.64 billion consensus estimate.
May 25, 2019 Insight Report Premium Who Shops Where for Apparel: US Shopper DemographicsOur Who Shops Where reports profile US consumers who shop for selected categories at major US retailers. In this report, we look at the demographics of apparel shoppers.
May 24, 2019 Company Earnings Update Register for Free Access BJ’s Wholesale Club (NYSE: BJ) 1Q19 Results: Beats Consensus on Revenues, Maintains GuidanceBJ’s Wholesale Club reported 1Q19 adjusted EPS of $0.26, up 63.8% and beating the consensus estimate $0.25. Revenues were $3.14 billion, up 2.7% and ahead of the $3.05 billion consensus estimate.
May 24, 2019 Company Earnings Update Register for Free Access Home Depot (NYSE: HD) 1Q19 Results: Beats Consensus on Revenues and EPS, Guidance in LineHome Depot reported 1Q19 adjusted EPS of $2.28, up 9.4% and beating the consensus estimate of $2.20. Revenues were $26.38 billion, up 5.7% and marginally ahead of the $26.35 billion consensus estimate.
May 23, 2019 Company Earnings Update Register for Free Access Best Buy (NYSE: BBY) 1Q20 Results: Beats Consensus on Comps and EPS, CEO to Change in June, Reiterates 2020 GuidanceBest Buy reported 1Q20 results that beat consensus comp and EPS estimates and reiterated its full-year guidance. There will be a management change In June, with the CEO becoming executive chairman.
May 23, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 21: Dressbarn to Close, Adding Almost 700 to US Closures TotalIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Retailers have announced more than 7,000 store closures in the US and more than 300 in the UK, while only 3,100 store openings have been announced.
May 23, 2019 Insight Report Premium April 2019 US Monthly Retail Traffic and In-Store Metrics Report: Easter Week Boosts TrafficUS store traffic declined 5.0% year over year in April. The conversion rate advanced 0.1 percentage points, average transaction value (ATV) fell 3.2% and the product return rate was flat year over year.
May 23, 2019 Flash Report Register for Free Access Ascena Retail Group Announces Closure of Dressbarn, Eliminating its Value Fashion SegmentOn May 20, 2019, Ascena Retail Group announced the closure of its Dressbarn business.