3Q20 US Earnings Season Wrap-Up: Discretionary Sectors Regain Momentum

What's Inside

This report offers analysis of the third-quarter 2020 earnings of Coresight 100 companies mostly based in the US. We assess the recent performance of selected retailers, brands, e-commerce platforms and REITs in terms of revenues, earnings per share and comps, considering consensus estimates and year-over-year changes.

We discuss companies across a number of sectors:

• Apparel and footwear brand owners—Guess?, Hanesbrands, NIKE, PVH Corp. and VF Corporation
• Apparel specialty retailers—American Eagle Outfitters, Burlington Stores, Dick’s Sporting Goods, Foot Locker, L Brands, Lululemon Athletica, Ross Stores, The Gap Inc., The TJX Companies and Urban Outfitters
• Online apparel retailers—Stitch Fix
• Beauty brands and retailers—Coty, Estée Lauder and Ulta Beauty
• Department stores—Kohl’s, Macy’s and Nordstrom
• E-commerce platforms—Alibaba, Amazon, eBay, Farfetch, JD.com and The RealReal
• Electronics retailers—Best Buy
• Food, drug and mass retailers—Big Lots, BJ’s Wholesale Club, Costco, CVS Health, Dollar General, Dollar Tree, Five Below, Grocery Outlet, Kroger, Ollie’s Bargain Outlet, Target, Walgreens Boots Alliance and Walmart
• Home and home-improvement retailers—Lowe’s, RH, The Home Depot, Tractor Supply, Wayfair and Williams-Sonoma
• Luxury companies—Canada Goose, Capri Holdings, Ralph Lauren, Tapestry and Tiffany & Co.
• REITs—Brookfield Property Partners, Macerich Company, Simon Property Group, Taubman Centers and Unibail-Rodamco-Westfield

Click here to read the 2Q20 US Earnings Season Wrap-Up.

In addition, Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics and key global consumer indicators.

The Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.