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Earnings Insights 3Q21, Week 4: Target, Walmart, Ross Stores and TJX Maintain Growth Momentum; Alibaba Revises Guidance Down

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What's Inside

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within ourCoresight 100 coverage list, as they report third-quarter 2021 earnings.

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

  • Management commentary on demand trends in the third 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 November 19, 2021, 2021, across multiple sectors: beauty brands and retailers (Bed Bath & Beyond), department stores (Macy’s and Kohl’s), e-commerce players (Alibaba and JD.com), home and home-improvement retailers (Home Depot and Lowe’s), luxury e-commerce (Farfetch), mass merchandisers (Target and Walmart), off-price retailers (Ross Stores and The TJX Companies) and warehouse clubs (BJ’s Wholesale Club).

Click here to read Week 3 of the Earnings Insights 3Q21 series.

Click here to read 2Q21 Earnings Season Wrap-Up.

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