Earnings Insights 1Q23, Week 2: Colgate-Palmolive, CVS, Floor & Decor, L’Oréal and Sprouts Farmers Market Post Strong Results; Carter’s, Estée Lauder, Hanesbrands and Wayfair Sales Decline

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 2023 earnings.

This week, there are highlights from companies that reported in the week ended May 7, 2023, across six sectors: apparel and footwear, consumer packaged goods (CPG), drugstores, e-commerce, food and grocery, and home and home improvement. 

Data in this report are:

• Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography

Companies mentioned in this report include: Carter’s, Clorox, Colgate-Palmolive, CVS Health, Estée Lauder, Floor & Decor Holdings, Gildan Activewear, Hanesbrands, Herbalife Nutrition, L’Oréal, Sprouts Farmers Market, Wayfair

Other relevant research: 

• Earnings Insights 1Q23, Week 1: Albertsons, Crocs, Procter & Gamble, Skechers and More Post Positive Results; Amazon’s Online Sales Improve
• 4Q22 US Earnings Season Wrap-Up: Retailers See Mixed Results as Discretionary Demand Remains Weak
• The Coresight 100 list