Company Earnings Update | November 17, 2017 Register for Free Access Tencent (0700.HK) 3Q17 Results: Strong Beat Driven by Gaming and Online AdvertisingTencent reported 3Q17 revenues of ¥65.2 billion, up 61% year over year, and beat the consensus estimate of ¥61.0 billion. Non-GAAP diluted EPS was ¥1.79, an increase of 45% year over year. The solid results were driven largely by gaming and online advertising. Read More
Company Earnings Update | November 17, 2017 Register for Free Access Walmart (WMT) Fiscal 3Q18 Results: Beats Estimates, Boosted by Groceries and Online Sales; Raises FY18 EPS GuidanceWalmart reported fiscal 3Q18 adjusted EPS of $1.00, up 2% from the year-ago quarter and beating the $0.97 consensus estimate. Total revenues were $123.2 billion, up 4.2% year over year and beating the consensus estimate of $121.05 billion. Read More
Company Earnings Update | November 16, 2017 Register for Free Access TARGET (TGT) 3Q17 Results: Beats on Revenues, EPS and Comps; Raises Full-Year EPS GuidanceTarget reported 3Q17 adjusted EPS of $0.91, down 12.6% from $1.04 in the year-ago quarter but ahead of the $0.86 consensus estimate. Total revenues were $16.67 billion, up 1.4% year over year and ahead of the $16.60 billion consensus estimate. Read More
Company Earnings Update | November 15, 2017 Register for Free Access TJX Companies (TJX) Fiscal 3Q18 Results: Comps Miss, Company Expects FY18 EPS at High End of Guidance RangeTJX Companies reported fiscal 3Q18 EPS of $1.00, versus $0.83 in the year-ago quarter and in line with the consensus estimate. Revenues were $8.76 billion, up 5.7% year over year and slightly below the consensus estimate. Read More
Company Earnings Update | November 14, 2017 Register for Free Access JD.com (JD) 3Q17 Results: Earnings Beat; Maintains Solid Growth MomentumJD.com reported 3Q17 revenues of ¥83.7 billion, up 39.2% year over year and in line with the consensus. Non-GAAP diluted earnings per ADS was ¥1.52, growing by 361% year over year, beating the consensus of ¥0.59. Read More
Company Earnings Update | November 13, 2017 Register for Free Access JCPenney (JCP) 3Q17 Results: Beats on Comps, Sales and EPS; Reiterates GuidanceJCPenney reported 3Q17 adjusted EPS of $(0.33), beating the $(0.41) consensus estimate but down from $(0.21) in the year-ago quarter. Revenues were $2.81 billion, down 1.8% year over year but beating the $2.76 billion consensus estimate. Read More
Company Earnings Update | November 10, 2017 Register for Free Access Adidas (ETR: ADS) 3Q17 Results: Profitability Beats Estimates, Revenue Growth DisappointsAdidas reported that 3Q17 revenue was up 12.0% year over year on a currency-neutral basis and up 8.7% year over year in euro terms, to €5,677 million, which was below the consensus estimate of €5,910 million. Read More
Company Earnings Update | November 10, 2017 Register for Free Access Kohl’s (KSS) 3Q17 Results: Misses EPS Estimates, but Raises Midpoint of GuidanceKohl’s reported 3Q17 adjusted EPS of $0.70, below the $0.72 consensus estimate and down 12.5% from the year-ago period. Total revenues were $4.33 billion, up slightly year over year and beating the $4.30 billion consensus estimate. Read More
Company Earnings Update | November 10, 2017 Register for Free Access Nordstrom (JWN) 3Q17 Results: Misses on Comps, Narrows FY17 Earnings GuidanceNordstrom reported 3Q17 EPS of $0.67, ahead of the $0.63 consensus estimate and compared with a loss of $0.06 in the year-ago quarter. Revenues were $3.63 billion, up 2.5% year over year and slightly above the $3.58 billion consensus estimate. Read More
Company Earnings Update | November 10, 2017 Register for Free Access Macy’s (M) 3Q17 Results: Beats on EPS, Reiterates GuidanceMacy’s reported adjusted 3Q17 EPS of $0.23, up 35.3% year over year and beating the $0.19 consensus estimate. Revenues were $5.28 billion, down 6.1% year over year and roughly in line with the $5.31 billion consensus estimate. Read More
Company Earnings Update | November 8, 2017 Register for Free Access PRIMARK (LSE: ABF) FY17 Results: Soft Comps and Margin ErosionAssociated British Foods reported FY17 results for the 52 weeks ended September 16, 2017. This report focuses on results for Primark, the company’s retail division. Read More
Company Earnings Update | November 8, 2017 Register for Free Access Zalando (XTRA: ZAL) 3Q17 Results: Investment in Logistics and Technology Impacts ProfitabilityZalando reported 3Q17 revenues of €1,074.7 million, up 28.7% year over year, and in line with the consensus estimate of €1,074.0 million. Adjusted EBIT came in at €0.4 million versus the consensus estimate of €3.2 million, corresponding to an adjusted EBIT margin of 0.0%. Read More
Company Earnings Update | November 8, 2017 Register for Free Access Kroger (KR) to Launch Private-Label Apparel in Fall 2018Kroger, the largest US grocery chain, announced plans to launch its own fashion brand in the fall of 2018. The line will offer apparel, including basics and fashion pieces, for children, teens and adults, and feature a modern, casual aesthetic. Read More
Company Earnings Update | November 7, 2017 Register for Free Access CVS (CVS) 3Q17 Results: Beats on EPS, in Line on Revenues; Raises/Narrows FY17 EPS GuidanceCVS Health reported 3Q17 adjusted EPS of $1.50, down 9.9% year over year and beating the $1.48 consensus estimate. Revenues were $46.2 billion, up 3.5% year over year and in line with the consensus estimate. Read More
Company Earnings Update | November 6, 2017 Register for Free Access Alibaba (BABA) 2Q FY18 Results: Beats on Earnings and Highest Revenue Growth Since its IPOAlibaba reported 2Q FY18 revenues of ¥55.1 billion, up 61% year over year, the highest growth since its IPO. It also beat the consensus estimate by 26%. The company attributed the strong results to the robust revenue growth from its core commerce segment, as well as the Alibaba cloud business. The company is seeing early results from efforts to integrate online and offline retail under its New Retail strategy. Read More
