August 2, 2017 Company Earnings Update Register for Free Access Under Armour (UAA) 2Q17 Results: Company Lowers Outlook, Announces Restructuring Plan to Increase Digital Capability and Speed to MarketUnder Armour reported 2Q17 adjusted EPS of $(0.03), versus consensus expectations of $(0.06). Total revenues were $1.09 billion, ahead of the $1.08 billion consensus estimate, and were up 8.7% year over year.
August 1, 2017 Flash Report Register for Free Access Walmart and JD.com Expand Strategic Partnership in ChinaWalmart and JD.com, China’s largest e-commerce company by revenues, announced that they are expanding the strategic partnership formed last year by further integrating their respective platforms, supply chains and customer resources.
August 1, 2017 Deep Dive Premium Deep Dive: Adapting to Changing Media Consumption and the Digital Channel’s Influence on RetailConsumers’ media consumption preferences and habits have changed rapidly. In this report, we examine what these changes could mean for the retail sector.
July 31, 2017 Insight Report Premium Target +Techstars Retail Accelerator Welcomes Its Second ClassThe Target + Techstars retail accelerator program is welcoming its second batch of startups to Target’s headquarters in Minneapolis, MN. After receiving applications from more than 3,000 retail-specific tech startups from across the globe, Target selected 10 finalists to participate in this year’s 13-week program. Deborah Weinswig, Managing Director of FGRT, was in Minneapolis for the program launch and will serve as a mentor to the accelerator participants.
July 31, 2017 Deep Dive Premium Subscription Commerce: A Box for Everything and EveryoneRecent years have seen a proliferation of online subscription box service companies offering a variety of products including food, personal care & cosmetics, apparel & footwear, and pet toys.
July 31, 2017 Company Earnings Update Register for Free Access Adidas (ETR: ADS) Adidas 2Q17: Beats and Raises GuidanceAdidas pre-announced stronger-than-expected revenue growth for 2Q17. Revenues were up 20%, versus the 12% growth expected by analysts, and up by 19% on a constant-currency basis.
July 28, 2017 Analyst Corner Register for Free Access Weekly Insights Jul 28, 2017This week’s note “From the Desk of Deborah Weinswig” discusses the part Amazon is playing in the changing back-to-school shopping season.
July 28, 2017 Company Earnings Update Register for Free Access Amazon (AMZN) 2Q17 Results: Strong Revenues, but 2Q and Guidance for 3Q Operating Income Below ConsensusAmazon reported 2Q17 EPS of $0.40, compared with $1.78 in the year-ago quarter and missing the $1.41 consensus estimate. Net sales were $38.0 billion, up 24.8% year over year and beating the $37.2 billion consensus estimate.
July 28, 2017 Company Earnings Update Register for Free Access Carter’s (CRI) 2Q17 Results: Beats Estimates, Driven by Retail and International BusinessesCarter’s reported 2Q17 revenue of $692.1 million, up 8.2% year over year, beating the consensus estimate of $681.1 million.
July 27, 2017 Company Earnings Update Register for Free Access Whole Foods Market (WFM) Fiscal 3Q17 Results: Same-Store Sales Declines Persist Ahead of Pending Takeover by AmazonWhole Foods Market reported fiscal 3Q17 adjusted EPS of $0.36, ahead of the $0.33 consensus estimate but down 2.7% year over year. Total revenues were $3.73 billion, in line with the consensus estimate and up 0.6% from the year-ago quarter.
July 26, 2017 Deep Dive Premium Wellness as a Luxury, Part 3—Eating WellThis is the third in our Wellness as a Luxury series of reports, where we examine wellness as the new status symbol: this “wellthness” is fast replacing more traditional signifiers of affluence as a luxury to be enjoyed and flaunted.
July 25, 2017 Company Earnings Update Register for Free Access VF Corporation (VFC) 2Q17 Results: Beats Consensus Estimates and Raises GuidanceVF Corporation reported 2Q17 EPS of $0.29, above the $0.28 consensus estimate. Revenues were $2.36 billion, up 1.7% year over year and above the $2.29 billion consensus estimate. Sales increased by 3% on a constant-currency basis in the quarter.
July 24, 2017 Deep Dive Premium Deep Dive: From Digital to Physical—The Return to Nondigital ToysDespite the rapid rise of digital technologies, we are observing a return to physical non-electronic children’s toys in the US and the UK. We note toy categories that exemplify this trend: fidget spinners, tabletop board games and puzzles, Play-Doh, Lego as well as collectibles such as dolls and figurines.
July 21, 2017 Analyst Corner Register for Free Access Weekly Insights Jul 21, 2017This week’s note “From the Desk of Deborah Weinswig” offers a review of WeChat, a communication, connection and commerce ecosystem.
July 21, 2017 Company Earnings Update Register for Free Access Unilever (LSE: ULVR) 1H17 Results: Strong First Half, Raises FY17 Margin TargetUnilever reported 1H17 sales of €27,725 million, almost on par with the consensus of €27,724 million and up by 5.5% from 1H16. At constant exchange rates, sales grew by 3.8%.
