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Earnings Insights 1Q22, Week 5: Guess, Macy’s, Ralph Lauren and Urban Outfitters Post Strong Results; Burlington, Gap and Ross Sales Decline

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Coresight Research

What's Inside

Our weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list, as they report first-quarter 2022 earnings.

We condense what retail companies are reporting regarding the following key content:

  • Management commentary on demand trends in the first quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights
  • How recent performance reflects the impacts of, or recovery from, the Covid-19 pandemic
  • The outlook for demand, as reflected in revenue guidance or more qualitative commentary

This week, there are highlights from companies that reported in the week ended May 29, 2022, across multiple sectors: apparel and footwear brand owners (Guess and Ralph Lauren), apparel specialty retailers (including American Eagle Outfitters and Foot Locker), beauty brands and retailers (Ulta Beauty), department stores (Macy’s and Nordstrom), discount stores (Dollar General and Dollar Tree), e-commerce (Alibaba), electronics retailers (Best Buy), home and home-improvement retailers (Williams-Sonoma), off-price retailers (Burlington Stores and Ross Stores), pet care retailers (Petco) and warehouse clubs (Costco).

Click here to read Week 4 of the Earnings Insight 1Q22 series.

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