February 22, 2019 Insight Report Premium January 2019 US Monthly Retail Traffic and In-Store Metrics Report: Post-Holiday Fatigue and Inclement Weather Drive Underwhelming January TrafficAll regions posted sales and traffic declines in January compared to the same period last year. The Midwest registered the largest year-over-year decline in traffic of all regions at 17.5%, owing to severe weather conditions. With warmer and wetter conditions, the South experienced the lowest decline, at 5.8%. The Midwest also recorded the largest year-over-year in-store sales decline among all regions, down 16.8%, whereas the West, which enjoyed warmer and drier conditions, reported the smallest decline, down 1.4%.
February 22, 2019 Company Earnings Update Register for Free Access Gildan (NYSE: GIL) 4Q18 Results: Activewear Drives Strong Revenue GrowthGildan 4Q18 sales rose 13.6% driven by a 22.3% increase in activewear sales. Adjusted operating margin expanded 230 bps due to a 300 bps decline in the SG&A expense ratio. The company’s 2019 outlook includes a 10% increase in adjusted EPS and mid-single-digit sales growth.
February 22, 2019 Event Coverage Register for Free Access Countdown to Shoptalk 2019: Startup Pitch Competition Participants Profile, Part 1 — Ladingo and IncreasinglyLandingo offers a cloud-based solution to enable seamless international shipping for business-to-consumer e-commerce. The company focuses on larger items, such as furniture, bicycles and other bulky products. Container sharing optimization allows Ladingo to offer lower shipping rates for larger items.
February 22, 2019 Company Earnings Update Register for Free Access CVS (NYSE: CVS) 4Q18 Results: Revenues Beat Consensus; FY19 Profit Outlook Poor Due to Aetna IntegrationCVS reported 4Q18 revenues of $54.4 billion and adjusted EPS of $2.14, up 11.5%. FY18 revenues increased 5.3% to $194.0 billion and adjusted EPS by 19.9% to $7.08. CVS expects FY19 revenues to grow 28.4-30.7% to $249.9-254.3 billion.
February 21, 2019 Market Navigators/Market Outlook Premium Sector Overview: Mass Merchants — Dollar Stores Expand, Mass Merchandisers Digitalize and Costco Widens Its Lead Among Warehouse ClubsAs store closures resume in earnest in 2019, dollar stores are bucking the trend, expanding rapidly. Look for technology to be a deciding factor in the coming years as brick and mortar companies integrate online and offline offerings.
February 20, 2019 Company Earnings Update Register for Free Access Walmart (NYSE: WMT) Fiscal 4Q19 Earnings: Beats EPS Estimates from Strong Expense ManagementWalmart reported fiscal 4Q19 revenues of $138.8 billion, up 1.9% year over year and in line with the consensus estimate. Total revenues excluding foreign currency effects were $140.5 billion, up 3.1%. Membership and other income was $1.1 billion, down 6.0%. Walmart U.S. e-commerce sales increased 43%, benefiting from strong online grocery sales. U.S. comps increased 4.2%, ahead of the 3.1% consensus estimate.
February 20, 2019 Insight Report Premium 2019 Tax Tracker #2: Year-over-Year Decline in Tax Filings Starts to ModerateEach year, the U.S. Internal Revenue Service (IRS) reports tax return filings and refunds on a weekly basis, starting in February and going into the April 15 filing deadline. It is still early in the filing season, so there will likely be more variability to the data. Filings are likely delayed due to confusion over the new tax rates and the government shutdown, which made it difficult for accountants to get answers to help people prepare income tax returns.
February 20, 2019 Market Navigators/Market Outlook Premium Sector Overview: Apparel & Footwear — Consumer Connectivity Changing Sector LandscapeNew digital marketplaces have made the apparel and footwear market truly global, giving consumers access to brands and products once available only by traveling. Brands are bringing products to neighborhoods that previously had very little access to the latest fashion trends.
February 18, 2019 Market Navigators/Market Outlook Premium Sector Overview: US Department Stores — Off-Price Formats and Marketplaces are Winning (and Millennials are Shopping Department Stores)U.S. department store sales will shrink 5.8% per year to 2023. In response department stores are expanding off-price, pairing with unique partners and seeking to right-size.
February 18, 2019 Question of the Week Free Report Who Is Benefiting from the Absence of Toys “R” Us?Question of the Week February 18 2019 – Who Is Benefiting from the Absence of Toys “R” Us?
February 18, 2019 Insight Report Premium December 2018 US Retail Sales: Year-Over-Year Growth Slows to Just 1.0% as Most Sectors Experience a Sluggish DecemberOur measure of core retail sales is non-seasonally-adjusted sales excluding gasoline and automobiles. This metric increased by just 1.0% year over year in December, slowing dramatically from the growth in preceding months, including a 5.2% uplift in November. This resulted in total holiday-period sales coming in at $693 billion, up by just 2.9% year over year.
February 15, 2019 Market Navigators/Market Outlook Premium Sector Overview: Luxury — New Customers and New Business Models Equals a New LuxuryRapidly changing consumer attitudes, sophistication and expectations have shaken the status quo in luxury, pushing purveyors into the tech-savvy 21st century. Those that don’t keep pace with the new luxury consumers will be left behind.
February 15, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY FEBRUARY 15, 2019Eight things you need to know about retail in China: Smartphones are key, cash is going away (seriously), shopping festivals are booming, smaller cities are spending – and more.
February 15, 2019 Company Earnings Update Register for Free Access Taubman Centers (NYSE: TCO) 4Q18 Results: Beats Consensus Estimates, Lowers 2019 Guidance, Announces Sale of Half its Stake in Asia MallsTaubman Centers revenues down 2.7%, net operating revenue down 2.6%, EPS slides 84.9%. Company to sell 50% of its interests in three Asia shopping centers for $480 million.
February 15, 2019 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2019, Week 7: Payless May Shut Most of its StoresYear to date in 2019, U.S. retailers have announced 2,187 store closures and 1,503 store openings.
