August 16, 2016 Company Earnings Update Register for Free Access The Home Depot (HD) 2Q 2016 Results: Quarter In Line, Raises EPS Guidance on Better Expense ManagementEPS was $1.97, up 13.9% and in line with consensus on record net income of $2.4 billion. Revenues were a record $26.5 billion, up 6.6% year over year and in line with consensus.
August 11, 2016 Event Presentation Premium 3Q2016 Recap and Back-to-School Outlook (Planalytics)2016 Back2School Outlook 1. Overview – Retail Sales Looking Brighter for Back-to-School 2. 2Q Update – Earnings Scorecards; Consumer Discretionary Leads Growth 3. July Same-Stores Sales Somewhat Mixed 4. Back-to-School Drives July Traffic to Best Month of Calendar Year and Much More
August 2, 2016 Flash Report Register for Free Access CVS Pharmacy (CVS) 2Q16 Results: Mixed Quarter, but Company Raises GuidanceCVS reported 2Q16 adjusted EPS of $1.32, up 8.3% year over year and ahead of guidance of $1.28–$1.31, beating the consensus estimate by two cents. The company reported revenues of $43.7 billion, up 17.6% year over year but missing the $44.3 billion consensus estimate.
July 29, 2016 Company Earnings Update Register for Free Access Amazon (AMZN) 2Q16 RESULTS: AMAZON HAS A BIG QUARTER WITH 31% REVENUE GROWTHAmazon reported 2Q16 revenues of $30.4 billion, up 31.1% year over year, beating the $29.6 billion consensus estimate and at the high end of the guidance range of $28–$30.5 billion. EPS was $1.78, compared to $0.19 in the year-ago quarter and consensus of $1.11.
July 28, 2016 Flash Report Register for Free Access Carrefour (ENXTPA: CA) 1H16 Results: Group Sees Growth in Latin America, While Sales Weaken in France and ChinaCarrefour reported net sales of €36.3 billion in 1H16, down 3.8% from 1H15 and missing the consensus estimate of €37.1 billion. At constant currency, sales grew by 2.2%. Recurring operating income fell by 3.0%, to €706 million, but beat the consensus estimate of €686.4 million.
July 27, 2016 Insight Report Premium The Pokémon Go Invasion Is UnstoppableWith a peak of 26 million active players, Pokémon Go is the most successful mobile game ever in the US, surpassing even Candy Crush Saga at its peak of popularity. Retailers are seeing the additional foot traffic the game has generated as a mixed blessing, as not all players are buying in stores.
July 27, 2016 Company Earnings Update Register for Free Access Whole Foods Market (WFM) 3Q16 Results: Mostly In-Line Quarter; Comparable Store Sales StrugglingWhole Foods Market reported fiscal 3Q16 revenues of $3.7 billion, up 2% year over year and roughly in line with the consensus estimate. Adjusted EPS was $0.37, in line with consensus and representing a 14% decrease from EPS of $0.43 in the year-ago quarter.
July 26, 2016 Flash Report Register for Free Access VF Corporation (VFC) 2Q16 Results: Lowers Full-Year Guidance, Noting Challenging Environment in the USVF Corporation reported 2Q16 EPS of $0.35, beating the consensus estimate by a penny and representing a 9.8% decrease from EPS of $0.39 in the year-ago quarter.
July 26, 2016 Company Earnings Update Register for Free Access Under Armour (UA) 2Q16 Results: Profits Negatively Affected by Liquidation of Sports Authority; Company Plans to Expand Brick-and-Mortar Locations in 2016Under Armour reported 2Q16 revenues of $1 billion, up 28.2% year over year and roughly in line with the consensus estimate. EPS was $0.01, missing the consensus by a penny and representing an 83.3% decrease from EPS of $0.06 in the year-ago quarter.
July 26, 2016 Insight Report Premium Is Pokémon Go a Stealth Fitness App?Although Pokémon was originally a video game for kids, the latest incarnation—Pokémon Go—has amassed an adult audience as well and generated an unmistakable response among fitness enthusiasts.
July 25, 2016 Flash Report Register for Free Access VERIZON (NYSE: VZ) TO ACQUIRE YAHOO (NASDAQ: YHOO) OPERATING BUSINESS FOR $4.8 BILLION IN CASHTelecom carrier Verizon this morning announced a deal to acquire Yahoo’s core Internet business, some intellectual property and real estate. The deal is expected to close in 1Q2017, after which Yahoo will change its name and become a publicly traded investment company.
July 15, 2016 Event Presentation Premium Meeting Tech Talk (ICSC NARTF)• Affluent Consumers are expected to take a greater hit • Younger Consumers without mortgage or stock market exposure are less affected • Middle-Aged & Retired Consumers are the most cautious and anxious group, with the most exposure to the consumer finance metrics
July 13, 2016 Flash Report Register for Free Access AMAZON PRIME DAY 2016 WRAP-UPAmazon reported that Prime Day 2016 was its biggest sales day ever, with orders up more than 60% worldwide and more than 50% in the US.
July 13, 2016 Event Presentation Premium Lunch & Learn• Fung Global Retail & Technology advises retailers, real estate developers, tech companies, and others on projects situated at the intersection of retail, tech and/or fashion. • Our team offers a robust knowledge bank and deep-rooted experience across the retail, fashion, and tech industries. We are involved in many areas of the business, which allows us to offer a unique perspective on the future and where the sector is heading.
July 12, 2016 Flash Report Register for Free Access Amazon Prime Day: A Mixed Response in 2016Fung Global Retail & Technology began covering the second annual Amazon Prime Day starting at its launch at midnight Pacific Time (PT) today.
