February 8, 2019 Company Earnings Update Register for Free Access Hanesbrands (NYSE: HBI) 4Q18 Results: Champion and International Segment Driving ResultsHanesbrands expects sales of $6.885-6.985 billion driven by a 6% increase in international sales. Growth drivers are Champion in Asia and Europe and increased innerwear sales in Asia, Australia and the Americas. U.S. innerwear sales are expected to decrease about 2% in 2019, down 4% in 1Q with an improving trend throughout the year. Adjusted operating profit of $955-985 million. Adjusted EPS of $1.72-1.80. Net cash from operations of $700-800 million. For 1Q19, guidance is sales of $1.52-1.55 billion, adjusted operating profit of $135-145 million and adjusted EPS of $0.24-0.26.
February 8, 2019 Company Earnings Update Register for Free Access Brookfield (NASDAQ: BPY) 4Q18 Results: Beats Consensus, Announces a $500 Million Repurchase ProgramBrookfield reported net income of $858 million ($0.51 per unit) versus $958 million ($0.17 per unit) in the year-ago quarter. FFO was $416 million ($0.43 per unit), compared with $286 million ($0.41 per unit) in the year-ago quarter. The increases in FFO in the quarter and year were due to the following factors: Higher investment in core retail and seasonally strong performance in the quarter, along with same-property income growth in the core office business. This strong operating performance more than offset the impact of a higher interest rate environment and negative currency effects.
February 8, 2019 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2019, Week 6: Shopko Set to Close 251 StoresYear to date in 2019, U.S. retailers have announced 2,187 store closures and 1,411 store openings.
February 7, 2019 Company Earnings Update Register for Free Access Capri Holdings (NYSE: CPRI) 3Q19 Results: EPS Beat Consensus Despite Revenue ShortfallCapri Holdings beat consensus adjusted EPS in 3Q19, reporting $1.76 versus $1.58. Revenues of $1.44 billion were flat year over year and estimate of $1.46 billion.
February 6, 2019 Company Earnings Update Register for Free Access Clorox (NYSE: CLX) 2Q19 Results: Aggressive Pricing and Cost-Saving Strategies Begin to Pay OffClorox posted revenue growth of 4%, largely in line with market expectations, while its adjusted EPS of $1.40 beat consensus estimates of $1.30 by 8% in 2Q19, ended December 31, 2018. The company adopted a new pricing strategy for several offerings, including its home care and laundry businesses as part of its 2020 growth strategy. This helped the company manage foreign currency and cost pressures.
February 6, 2019 Company Earnings Update Register for Free Access Estée Lauder (NYSE: EL) 2Q19 Results: Sales Reach $4 Billion; Company Raises Sales and EPS Guidance for Full YearSkincare, the company’s largest category comprising 43% of its sales, rose 16% on a reported basis (as opposed to constant currency basis) to $1.73 billion from $1.49 billion in the same quarter last year. The company credited the gains in skincare mainly to its Estée Lauder, La Mer, Clinique and Origins brands. Specifically, its Estée Lauder brand launched new product innovations in its Advanced Night Repair Eye Supercharged Complex, driving higher sales, and La Mer also launched new products including The Treatment Lotion Hydrating Mask and The Luminous Lifting Cushion Foundation.
February 6, 2019 Company Earnings Update Register for Free Access Ralph Lauren (NYSE: RL) 3Q19 Results: Brand Evolution at Ralph Lauren Gaining TractionRalph Lauren reported fiscal 3Q19 adjusted EPS of $2.32, up from adjusted EPS of $2.03 in the year-ago quarter and above the $2.15 consensus estimate. Total revenues were $1.73 billion, up 5.1% year over year (or 6% in constant currency) and above the $1.66 billion consensus estimate. Same-store sales were up 4% during the quarter. By region, in North America digital sales rose 21%, comps were flat for a combined 4% comp; in Europe, digital was up 13% and the instore comp was 3% for a total European comp of 4%; and, Asia experienced a 62% lift in digital commerce and a 4% instore comp for a combined 4% comp. A 9% increase in AUR benefitted sales growth.
February 6, 2019 Deep Dive Free Report US Retailer Survey: Revealing the Hidden Costs of Poor Inventory ManagementToday’s retail environment is marked by more intense competition and rapid changes in consumer preferences, both of which pressure retailers to make smarter inventory decisions. To minimize unplanned markdowns that impact the bottom line, retailers must ensure that they deliver products consumers want to buy to the locations where they want to buy them.
February 5, 2019 Insight Report Premium Alibaba vs. Amazon InfographicWe compare the brands and divisions of e-commerce and technology giants Alibaba and Amazon, from devices to content to logistics.
February 4, 2019 Question of the Week Free Report Where Do US Adults Shop for Shoes?Question of the Week February 4 2019 – Where Do US Adults Shop for Shoes?
February 4, 2019 Company Earnings Update Register for Free Access Simon Property Group (NYSE: SPG) 4Q18 Results: In-Line Quarter, Softer 2019 Due to Department Store ClosuresIn 2018, the company opened two new shopping destinations, completed five significant property transformations and started construction on several redevelopments of former department store spaces. During 2018, the company closed on 22 mortgage loans totaling approximately $3.2 billion, , of which Simon’s share is approximately $1.3 billion. These loans carry a weighted average interest rate and weighted average term of 3.69% and 8.1 years, respectively.
February 4, 2019 Company Earnings Update Register for Free Access Amazon (NASDAQ: AMZN) 4Q18 Results: Beats Consensus Estimates, Guidance Below ConsensusNorth America revenues were $44.1 billion, up 18.3% year over year, posting operating income of $1.7 billion, compared to a profit of $1.7 billion in the year-ago quarter. International revenues were $20.8 billion, up 15.5% year over year, posting an operating loss of $0.6 billion, compared to a loss of $0.9 billion in the year-ago quarter. AWS revenues were $7.4 billion, up 45.3% year over year, posting an operating profit of $2.2 billion, compared to $1.4 billion in the year-ago quarter.
February 4, 2019 Flash Report Register for Free Access Americans Fall Out of Love with Valentine’s Day — But Those Celebrating Are Set to Spend More than EverValentine’s Day in 2019 is expected to be very different than it was a decade ago, according to an annual survey released by the NRF and Prosper Insights & Analytics. The percentage of people expecting to celebrate the day has dropped to 50.7% in 2019 from 54.7% last year and 62.8% in 2009, making likely 2019 participation the lowest in a decade.
February 1, 2019 Market Navigators/Market Outlook Premium Sector Overview: US Apparel Specialty Retailers — Collaborations Are the New NormalIn 2018, U.S. apparel and footwear specialty retailers’ sales totaled $197 billion, according to Euromonitor International, and its analysts forecast sector sales will grow at a CAGR of 3.3% to 2023, reaching $232 billion. Relative to the recent past, 2018’s results were strong. Sportswear and athleisure are driving specialty apparel and footwear sales. We see areas of opportunity in the lingerie and plus-size categories. We expect specialty retailers to continue exploring collaborations, partnerships and global expansion – particularly into China and India.
February 1, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY FEBRUARY 1, 2019Robots: Moving Beyond Warehouses into the Stores and the Streets Robots burst into the consciousness of the retail industry when Amazon acquired warehouse-robot-maker Kiva Systems for $775 million in May 2012. Since then, many other retail companies have followed Amazon’s example and deployed robots in their own warehouses. These robots are not the kind that walk and talk; they’re flat, faceless machines that scoot across a warehouse floor, delivering a shelf of goods to a fulfillment center, where a human packer then completes the order. While many imagine that warehouses and fulfillment centers are already completely automated, most operate using human-machine teams, which are likely the most efficient and cost-effective solution.
