March 15, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY MARCH 15, 2019This week’s note “From the Desk of Deborah Weinswig” discusses how blockchain technology could democratize operations and promote cooperation in retail.
March 14, 2019 Company Earnings Update Register for Free Access Casey’s General Stores (NASDAQ: CASY) 3Q19 Results: Revenue Below Consensus, Prepared Food and Grocery Fuel GrowthCasey’s General Stores reported 3Q19 revenue of $0 billion, slightly below the consensus estimate of $2.2 billion and down 0.3% from 3Q18.
March 14, 2019 Company Earnings Update Register for Free Access Inditex (BME: ITX) FY18 Results: Revenues Up, Missed Consensus, Integrating Online and Stores GloballyIndustria de Diseño Textil, S.A. (Inditex) reported FY18 revenues of €26.15 billion, lower than the consensus estimate of €26.41 billion and up 3.2% from the year ago period. The company reported net income of €3.44, up 2.1% from the year ago period. Comparable store sales increased 4.0% in FY18, positive across all regions and brands as well as both online and in-store. Management projects comparable sales growth of 4%-6% in FY2019.
March 14, 2019 Company Earnings Update Register for Free Access Adidas (DB: ADS) 4Q18 Results: Supply Chain Shortages Reduce Near-Term Sales OutlookIn 4Q18, Adidas net sales increased 3.5% to €5.2 billion, or 5% on a currency-neutral basis, driven by double-digit gains in Asia Pacific and Greater China.
March 13, 2019 Insight Report Premium Better Convenience Through Automation: Five Japanese Convenience Store Chains Sign Up to Automate All Stores by 2025The Japanese government wants to automate convenience stores nationwide by 2025, in co-operation with five convenience store chains. Under the plan, the five convenience store chains will automate 50,000 stores by 2025 using Radio Frequency Identification (RFID) technology.
March 13, 2019 Event Coverage Register for Free Access Estée Lauder Investor Day 2019: Share in Prestige Beauty Growing, Online 30% of Business, Affirms Three-Year 6-8% Net Sales OutlookEstée Lauder is gaining share in prestige beauty, growing from 13% in calendar 2009 to 14.4% in calendar 2017. Global per capita spending on prestige beauty is increasing.
March 13, 2019 Company Earnings Update Register for Free Access Dick’s (NYSE: DKS) 4Q18 Results: Revenues Down, Closing Hunt Category in 125 Stores in 2019Dick’s Sporting Goods 4Q18 revenues were $2.49B, down 6.5% YoY and beating the consensus estimate of $2.48B. The company reported 4Q18 EPS of $1.07, down 3.6% from the year ago period, and above the consensus estimate of $1.06. The company saw consolidated comparable sales growth of (2.2%) for the quarter on a shifted basis compared to (6.5%) from the year ago period, and the consensus estimate of (3.3%). For fiscal year 2019, the company expects EPS to be in the range of $3.15-3.35, compared to the consensus estimate of $3.34. Management projects consolidated same store sales to be flat to 2%, compared to the consensus estimate of 0.5%. The company will close the hunt category in 125 of its stores in 2019.
March 13, 2019 Flash Report Register for Free Access St Patrick’s Day Celebrations Look to be a Modest Event for Retailers, Despite Rising Numbers of US CelebrantsSt. Patrick’s Day captures a lot of attention, but its retail impact is small compared to other holidays: Consumers plan to spend $40 on average for St. Patrick’s Day this year, less than a quarter their planned $162 Valentine’s Day spend.
March 13, 2019 Insight Report Premium January 2019 US Retail Sales: Retail Rebound, Supported by Strong Sales at Home-Improvement StoresTotal retail sales excluding fuel and automobiles increased 3.7% year over year in January, growing substantially from the revised 0.1% year-over-year decline reported for December.
March 12, 2019 Insight Report Premium 2019 Tax Tracker #5: Tax Filings Still Down Year Over Year, Refunds Still UpUS income tax refund tracker: Filings are still down year over year, and average refund amounts are up. Consumers primarily plan to pay down debt and save theitr refunds.
March 12, 2019 Insight Report Premium New Retail Briefing #5: Alipay Pushes Cross-Border Payment; JD.com Continues Unstaffed Delivery Initiatives Abroad“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond.
March 12, 2019 Company Earnings Update Register for Free Access Costco Wholesale (NASDAQ: COST) Fiscal 2Q19 Results: Solid Quarter with Slightly Light Revenues and Blowout EPSCostco reported fiscal 2Q19 revenues of $35.40 billion, up 7.3% year over year and slightly below the $35.65 billion consensus estimate. EPS was $2.01, up 26.6% year over year and handily beating the $1.69 consensus estimate. Comps (excluding gasoline and other items) increased 6.7%, and e-commerce comps increased 25.5%.
March 11, 2019 Company Earnings Update Register for Free Access Big Lots (NASDAQ: BIG) 4Q18 Results: Revenues in Line, Big Beat on EPS, Guides for Lower EPSBig Lots reported 4Q18 revenues of $1.60 billion, down 2.6% year over year. Adjusted EPS handily beat the consensus estimate. Comps increased 3.1%. The company guided for a low single digit increase in comps in 2019 and adjusted EPS of $3.55-$3.75 (down 7%-12%), in line with the consensus estimate.
March 11, 2019 Deep Dive Premium Amazon Beauty: Who Is Selling What? An Exclusive Analysis of Over 200,000 Beauty and Personal Care Listings on Amazon.comWe analyze Amazon’s beauty and personal care offering, based on aggregated data on over 200,000 products listed on Amazon.com’s US beauty website, collated with competitive intelligence provider DataWeave. We also include summary data from our recent survey of US beauty and personal care shoppers.
March 8, 2019 Market Navigators/Market Outlook Premium Sector Overview: Consolidation, Collaboration and Innovation Coming to US DrugstoresEach of our Sector Overview reports provides an essential briefing on a sector or market. In US drugstore retailing. Collaborations and alliances formed last year will manifest synergies in the form of innovation in offerings.
