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Earnings Insights 4Q21, Week 6: Qurate and Best Buy’s Sales Falter, While American Eagle, Nordstrom, Target and Urban Outfitters Post Strong Results

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Coresight Research

What's Inside

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

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

  • Management commentary on demand trends in the fourth 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 March 6, 2022, across multiple sectors: apparel and footwear brand owners (Carter’s), apparel specialty retailers (American Eagle, Foot Locker, Gap and Urban Outfitters), department stores (Kohl’s and Nordstrom), discount stores (Big Lots and Dollar Tree), e-commerce (Qurate Retail), electronics retailers (Best Buy) food retailers (Kroger), mass merchandisers (Target), off-price retailers (Burlington Stores and Ross Stores), warehouse clubs (BJ’s Wholesale Club and Costco).

Click here to read Week 5 of the Earnings Insight 4Q21 series.

Click here to read 3Q21 Earnings Season Wrap-Up.

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