Company Earnings Update | July 25, 2017 Register for Free Access VF Corporation (VFC) 2Q17 Results: Beats Consensus Estimates and Raises GuidanceVF Corporation reported 2Q17 EPS of $0.29, above the $0.28 consensus estimate. Revenues were $2.36 billion, up 1.7% year over year and above the $2.29 billion consensus estimate. Sales increased by 3% on a constant-currency basis in the quarter. Read More
Company Earnings Update | July 21, 2017 Register for Free Access Unilever (LSE: ULVR) 1H17 Results: Strong First Half, Raises FY17 Margin TargetUnilever reported 1H17 sales of €27,725 million, almost on par with the consensus of €27,724 million and up by 5.5% from 1H16. At constant exchange rates, sales grew by 3.8%. Read More
Company Earnings Update | July 19, 2017 Register for Free Access Zalando (XTRA: ZAL) 2Q17 and 1H17 Trading Update: Results Expected to Just Miss ConsensusZalando reported preliminary figures for 2Q17, with revenues of €1,091–€1,109 million, up 19%–21% year over year, and adjusted EBIT of €80–€86 million, versus the consensus estimates of €1,109 million and €86.7 million, respectively. Read More
Company Earnings Update | July 18, 2017 Register for Free Access H&M (STO: HM-B) Final Monthly Sales Update: Sequential Sales Improvement in JuneH&M reported total sales rose by 7% year over year in local currencies in June 2017. This compares to year-over-year sales growth of 4% in May. Read More
Company Earnings Update | July 17, 2017 Register for Free Access LVMH (ENXTPA: MC) 1H17 Results: Continuation of Very Strong Sales MomentumLVMH Moët Hennessy Louis Vuitton increased revenues by 15.0% year over year in 1H17, to €19,714 million, which was above the consensus estimate of €19,492 million. Revenues increased by 12% year over year on an organic basis. Read More
Company Earnings Update | July 14, 2017 Register for Free Access ASOS (LSE: ASC) 3Q17 Update: Pure-Play Apparel Retail Is Still in FashionASOS grew revenues by 32% in 3Q17. At constant exchange rates, revenues climbed by 26%. Read More
Company Earnings Update | July 14, 2017 Register for Free Access Groupe Casino (EPA: CO) 2Q17 Update: LatAm Continues to Boost Sales, France Sees GrowthCasino reported 2Q17 revenues up by 7.9% from the previous year, comfortably beating the consensus estimate. Comps grew by 3.0%, above the consensus estimate of 2.3%. Read More
Company Earnings Update | July 13, 2017 Register for Free Access B&M European Value Retail (LSE: BME) 1Q18 Update: Very Strong Comp Growth Continues as Grocery Demand Proves StrongB&M European Value Retail reported very strong total revenue growth of 18.3% in 1Q18. Read More
Company Earnings Update | July 12, 2017 Register for Free Access Marks & Spencer (LSE: MKS) 1Q18 Update: Retailer Slows Rate of Decline in ClothingMarks & Spencer (M&S) reported UK Clothing and Home comparable sales fell 1.2% in 1Q18. This compared to a 5.9% slump in 4Q17. Read More
Company Earnings Update | July 7, 2017 Register for Free Access Carrefour (ENXTPA: CA) 2Q17 Sales Update: Improving Sales MomentumCarrefour reported that sales including VAT increased by 6.1% year over year in 2Q17, to €21.8 billion, and that comparable group sales rose by 2.8% year over year. Read More
Company Earnings Update | July 7, 2017 Register for Free Access Primark (LSE: ABF) 9M17 Trading Update: Sequential Sales Improvement and Containment of Profit Margin ErosionAssociated British Foods reported 9M17 results for the 40 weeks ended June 24, 2017. This report focuses on the results for Primark, the company’s retail division. Read More
Company Earnings Update | July 6, 2017 Register for Free Access Ocado (LSE: OCDO) 1H17 Results: Solid Sales Growth ContinuesBritish online grocery retailer Ocado Group announced a 12.5% year-over-year increase in revenues for 1H17, above consensus analyst estimates. Read More
Company Earnings Update | July 5, 2017 Register for Free Access Sainsbury’s (LSE: SBRY) 1Q18 Update: Sales Lifted by Warm SummerThe UK’s second-biggest grocery retailer, Sainsbury’s, posted 1Q18compsof 2.3%, excluding fuel and including Argos in the prior year base. Read More
Company Earnings Update | June 30, 2017 Register for Free Access H&M (STO: HM-B) 1H17 Results: Sales Growth Mainly Driven by New Store OpeningsSwedish fast-fashion retailer H&M reported SEK 98.4 billion in net sales in 1H17, slightly below the consensus estimate of SEK 98.8 billion and up 8.6% year over year. Constant-currency sales increased by 5.0% in 1H17 and UK sales increased by 6.0%. Read More
Company Earnings Update | June 30, 2017 Register for Free Access Walgreens Boots Alliance (WBA) Fiscal 3Q17 Results: Beats and Raises Guidance, Announces New Agreement with Rite AidWalgreens Boots Alliance reported fiscal 3Q17 adjusted EPS of $1.33, above the $1.30 consensus estimate. Revenues were $30.1 billion, up 2.1% year over year and above the $29.7 billion consensus estimate. Sales increased by 5.0% on a constant-currency basis in the quarter. Read More