Earnings Insights 2Q22, Week 2: Colgate, Crocs, CVS, Floor & Decor, L’Oréal and Sprouts Post Strong Results; Alibaba Sales Remain Flat

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 second-quarter 2022 earnings.

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

• Management commentary on demand trends in the second 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 August 7, 2022, across multiple sectors: apparel and footwear brand owners (Carter’s Inc., Crocs Inc., Gildan Activewear Inc. and Under Armour), beauty brands and retailers (L’Oréal S.A.), CPG (Clorox Company, Colgate-Palmolive Company, Herbalife Nutrition Ltd. and Procter & Gamble Company), drugstore retailers (CVS Health), e-commerce (Alibaba), food retailers (Sprouts Farmers Market, Inc. and Weis Markets Inc.) and home and home-improvement retailers (Floor & Decor Holdings, Inc. and Wayfair).

Click here to read Week 1 of the Earnings Insight 2Q22 series.