May 23, 2019 Company Earnings Update Register for Free Access Urban Outfitters (NYSE: URBN) 1Q19 Results: Revenues Up, Company Launches Nuuly Monthly Subscription Rental ServiceUrban Outfitters reported 1Q19 revenues of $864.4 million, above the consensus estimate of $854.7 million and up 1.1% YoY. The company launched Nuuly, a a monthly subscription rental service.
May 23, 2019 Company Earnings Update Register for Free Access Target (NYSE: TGT): 1Q19 Results Beat Consensus Estimates, 4.8% Comps and 42% E-Commerce Growth, Reiterates 2019 GuidanceTarget reported 1Q results that beat consensus estimates. Comps increased 48% and e-commerce revenues increased 42%. The company reiterated its 20-19 guidance
May 22, 2019 Event Coverage Register for Free Access ICSC RECon 2019: Day 3 InsightsInsights from Day 3 of the 2019 International Council of Shopping Centers (ICSC) 2019 RECon event which ran May 19-22.
May 22, 2019 Market Navigators/Market Outlook Premium Sector Overview: Convenience Stores — Technology Adding Greater ConvenienceEach of our Sector Overview reports provides an essential briefing on a sector or market. This report focuses on the convenience store sector.
May 22, 2019 Company Earnings Update Register for Free Access Kohl’s (NYSE: KSS) 1Q19 Results: Revenues and Comps Down, Expands Amazon Partnership Nationwide and Launches Plus-Size Private LabelKohl’s reported fiscal 1Q19 revenues of $4.09B, beating the consensus estimate of $3.95B, and down 2.9% YoY. The company is expanded its Amazon partnership nationwide beginning in July 2019.
May 22, 2019 Insight Report Premium Luckin Coffee Leverages Pick-Up Store Format and Delivery Services, IPO Set to Fund Further ExpansionLuckin Coffee, China’s answer to Starbucks, raised some $571.2 million through an IPO of American Depository Receipts for 33 million of its shares on the Nasdaq, pricing its shares at the top end of the pre-listing debut range of $17.
May 22, 2019 Company Earnings Update Register for Free Access JCPenney (NYSE: JCP) 1Q19 Results: Revenues Down, Missing Consensus, Management Reducing and Enhancing Inventory PositionJCPenney reported fiscal 1Q19 revenues of $2.44 billion, lower than the consensus estimate of $2.48 billion, and down 5.6% year over year. The company reported 1Q19 EPS of $(0.46), lower than the consensus estimate of $(0.39), and comparable with the year ago period.
May 20, 2019 Event Coverage Register for Free Access ICSC RECon 2019: Day 1 InsightsInsights from Day 1 of the 2019 International Council of Shopping Centers (ICSC) 2019 RECon event which ran May 19-22.
May 20, 2019 Deep Dive Premium The $13 Billion US Women’s Underwear Industry: Disruption Creates OpportunityThe $13.1 billion US women’s underwear market is changing. Traditional market leaders are losing market share to athletic retailers or digitally native, smaller brands. Body positivity and inclusivity are central to an evolving definition of “sexy”. Technology is enabling brands to improve fit and bring new designs to market.
May 20, 2019 Question of the Week Free Report Where Do US Shoppers Buy Groceries Online?Question of the Week May 20 2019 – Where Do US Shoppers Buy Groceries Online?
May 20, 2019 Company Earnings Update Register for Free Access Compagnie Financière Richemont (SWX: CFR) FY19 Results: Sales and Profits Jump After YNAP AcquisitionCompagnie Financière Richemont reported FY19 revenues of €14.0 billion, slightly above the €13.9 billion consensus estimate recorded by S&P Capital IQ, and up 27.3% year over year.
May 20, 2019 Insight Report Premium AI Fast Becoming Retail’s Preeminent Technology: Revisiting the CORE FrameworkArtificial intelligence (AI) has established itself as the preeminent technology in retailing. We outline the four overarching use-cases for AI in retail companies identified in our CORE framework.
May 17, 2019 Insight Report Premium April 2019 US Retail Sales: Growth Decelerates in Most Sectors with Major Slowdown in Home Improvement and Clothing StoresTotal US retail sales excluding gasoline and automobiles increased 5.1% year over year in April, strengthening from the revised 0.9% year-over-year rise in March. A late Easter pulled some spending from March into April.
May 17, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 20: Party City Shuts StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Retailers have announced almost 6,400 store closures in the US and more than 300 in the UK, while only 3,100 store openings have been announced.
May 17, 2019 Company Earnings Update Register for Free Access NVIDIA (NASDAQ: NVDA) 1Q20 Results: Beats Consensus Estimates, Revenues Down Year Over Year but Up SequentiallyNVIDIA’s fiscal 2Q20 results beat consensus estimates on the top and bottom lines. Revenues for the company’s core GPU and gaming segments were down year over year but up sequentially.
