Company Earnings Update | April 5, 2017 Register for Free Access Hudson’s Bay Company (HBC) Fiscal 4Q16 Results: Weak Comps, Merchandising Improvement in ProgressHudson’s Bay Company reported fiscal 4Q16 normalized EPS of C$0.01, versus C$0.79 in the prior-year quarter. Revenue was C$4.6 billion, up 2.5% year over year. Read More
Company Earnings Update | April 5, 2017 Register for Free Access ASOS (AIM: ASC) 1H17 Results: Weak Pound, Strong International Sales Drive Growth; Company Raises FY17 Revenue ForecastASOS reported 1H17 revenue growth of 37.5% to £911.5 million. At constant currency, revenue grew by 31%. Read More
Company Earnings Update | April 4, 2017 Register for Free Access Next (LON: NXT) 2Q17 Update: FY17 Guidance Narrowed on Improving SalesBritish fashion retailer Next reported £1,888 million in group revenues in 1H17, down 2.7% year over year and above the consensus estimate. Retail store sales declined 8.3% year over year, reflecting significant sales erosion. Read More
Company Earnings Update | April 3, 2017 Register for Free Access Golden Eagle (3308 HK) Analyst Briefing Takeaways: Gross Margin Steady; Guides for Expansion of Lifestyle StoresAt the analyst briefing in Hong Kong on March 31, Golden Eagle’s management team discussed the FY16 results and outlined the group’s future strategy, which is to focus on lifestyle concepts, expand its store network and enhance its omnichannel offering. Read More
Company Earnings Update | March 31, 2017 Register for Free Access H&M (STO: HM-B) 1Q17 Results: Below Target Sales Growth; New Concept To Be Launched in Early Fall 2017Swedish fast-fashion retailer Hennes & Mauritz AB reported SEK47.0 billion in net sales in 1Q17, slightly below the consensus estimate of SEK48.1 billion and up 8.0% year over year. Constant-currency sales increased by 4.0% in the quarter and UK sales increased 5.0%. Read More
Company Earnings Update | March 29, 2017 Register for Free Access Restoration Hardware (RH) 4Q16 Results: Better-than-Expected Results; Upbeat 2017 OutlookRestoration Hardware reported 4Q16 adjusted EPS of $0.68, down from $0.98 in the year-ago quarter but above the consensus estimate of $0.65 and inline with company guidance. The retailer reported adjusted revenue of $590.1 million, down 8.8% from $647.2 million in the year-ago quarter but above the $584.2 million consensus estimate. Read More
Company Earnings Update | March 29, 2017 Register for Free Access Ahold Delhaize Updates on Store Divestments and Belgium StrategyThe Belgian Competition Authority (BCA) approved the merger of Ahold and Delhaize Group on March 15, 2016. The approval was conditional upon the divestment of a number of stores and projects, in Belgium, to address competition concerns. Read More
Company Earnings Update | March 27, 2017 Register for Free Access Finish Line (FINL) Fiscal 4Q17 Results: EPS Misses Consensus; Comps WeakFinish Line reported fiscal 4Q17 adjusted EPS of $0.50, missing the consensus estimate of $0.70. Read More
Company Earnings Update | March 24, 2017 Register for Free Access PVH (PVH) 4Q16 Results: International Sales Growth Helps Offset More Challenging USPVH Corp. reported 4Q16 adjusted EPS of $1.23, above the consensus estimate of $1.19. Read More
Company Earnings Update | March 24, 2017 Register for Free Access Next (LON: NXT) FY16 Results: Retail Store Comparable Sales Fall 5.4%; Weak Guidance for FY17British fashion retailer Next reported £4,097 million in group revenues in FY16, down 1.9% year over year and below the consensus estimate of £4,157 million. Retail store comparable sales declined 5.4% year over year, reflecting meaningful sales erosion. Read More
Company Earnings Update | March 23, 2017 Register for Free Access Five Below (FIVE) 4Q16 Results: EPS beat, positive guidance for 2017Five Below reported 4Q16 revenues of $388.1 million, up 18.9% from $326.3 million in the year-ago period and slightly above the consensus estimate of $387.6 million. EPS was $0.90, ahead of the $0.89 consensus estimate and up 16.9% year over year. Read More
Company Earnings Update | March 22, 2017 Register for Free Access Nike (NKE) Fiscal 3Q17 Results: Beats on Earnings, Slightly Misses on RevenueNike reported fiscal 3Q17 adjusted EPS of $0.68, ahead of the $0.53 consensus estimate and up 24.0% year over year, driven by SG&A expense leverage as well as by higher other income, a lower tax rate and a lower share count. Read More
Company Earnings Update | March 20, 2017 Register for Free Access Tiffany & Co. (TIF) Fiscal 4Q16 Results: Revenue in Line With GuidanceTiffany & Co. reported fiscal 4Q16 adjusted EPS of $1.45, beating the consensus estimate of $1.38. Revenues increased by 1.3%, to $1.2 billion, which was in line with guidance. Read More
Company Earnings Update | March 17, 2017 Register for Free Access Sainsbury (LSE: SBRY) 4Q17 Update Comps Return to Negative TerritoryThe UK’s second-biggest grocery retailer, Sainsbury’s, reported comparable sales excluding fuel fell by 0.5% in 4Q17. Read More
Company Earnings Update | March 16, 2017 Register for Free Access Inditex (BME: ITX) FY16 Results: Continued Comp Strength Offset by Margin ErosionInditex reported FY16 revenues of €23.3 billion, an increase of 11.5% over FY15 and broadly in line with analysts’ estimates. Comparable store sales in FY16 increased a strong 10% year over year. Read More
