Company Earnings Update | March 16, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Sales Slow Down in FebruaryH&M reported total sales rose by 3% year over year in local currencies in February 2017. This compares to year-over-year sales growth of 8% in January. Sales in February were negatively impacted by 4% due to a calendar impact, since 2016 was a leap year. Read More
Company Earnings Update | March 15, 2017 Register for Free Access Ocado (LSE: OCDO) 1Q17 Update: Strong Growth Maintained as Inflationary Effects Creep InUK grocery pure-play Ocado reported total gross sales growth of 13.3% in its first quarter, ended February 26. Ocado’s own retail sales grew by 13.1%. Read More
Company Earnings Update | March 15, 2017 Register for Free Access Salvatore Ferragamo (BIT: SFER) FY16 Results: Underpaces Luxury Rivals at the Top Line, Tax Benefit Boosts the Bottom LineItalian luxury leather goods and apparel firm Salvatore Ferragamo posted FY16 revenue growth of just 0.6%, broadly in line with consensus expectations. Read More
Company Earnings Update | March 12, 2017 Register for Free Access Nordstrom (JWN) 1Q17 Results: Comps Negative, but Better than Peers’Nordstrom reported 1Q17 EPS of $0.37, up 42.3% from $0.26 in the year-ago period. Read More
Company Earnings Update | March 10, 2017 Register for Free Access Carrefour (ENXTPA: CA) FY16 Results: LatAm and S. Europe Lift Sales, While France and China WeakenCarrefour reported FY16 net sales of €76.6 billion, down slightly by 0.4% year over year (up 2.7% at constant currency) and slightly above the consensus estimate of €76.5 billion. Read More
Company Earnings Update | March 10, 2017 Register for Free Access Morrisons (LSE: MRW) FY17 Results: Ongoing Improvement in Sales and Profitability TrendsThe UK’s fourth-largest grocery retailer, Morrisons, reported FY17 revenues were up 1.2% year over year and that comparable store saleswere up 1.7%. Comps rose by 2.5% in 4Q17, representing a sequential quarterly improvement. This was the fifth consecutive quarter of positive underlying growth and marked the first fiscal year of positive comps since FY12. Read More
Company Earnings Update | March 10, 2017 Register for Free Access Ulta (ULTA) 4Q16 Results: Tops EPS and Revenue Estimates with Double-Digit Revenue GrowthUlta reported 4Q16 EPS of $2.24, up 32.5% from the year-ago quarter and above the $2.14 consensus estimate. Revenues rose 24.6% from the year-ago quarter to $1.58 billion, also beating the consensus estimate of $1.54 billion. Read More
Company Earnings Update | March 9, 2017 Register for Free Access Adidas (ETR: ADS) FY16 Results: Standout Sales and Margin PerformanceIn FY16, Adidas reported revenue growth of 14.0% year over year to €19,291 million, slightly below the consensus estimate of €19,307 million. Constant-currency FY16 sales increased 18% year over year. Read More
Company Earnings Update | March 9, 2017 Register for Free Access Express (EXPR) 4Q16 Results: EPS in Line with Expectations; Grim Outlook for FY17Express reported 4Q16 EPS of $0.29, down 56.7% from the year-ago quarter and in line with the consensus estimate and company guidance. The company reported revenue of $678.8 million, down 11.3% from the year-ago quarter and slightly above the $675.8 million consensus estimate. Read More
Company Earnings Update | March 9, 2017 Register for Free Access Vera Bradley (VRA) Fiscal 4Q17 Results: Revenue Down Due to Challenging Retail EnvironmentVera Bradley reported fiscal 4Q17 adjusted EPS of $0.28, beating the consensus estimate of $0.23. Revenues decreased by 12.5%, to $134.8 million, which was roughly $2.5 million below guidance. Read More
Company Earnings Update | March 8, 2017 Register for Free Access Groupe Casino (EPA: CO) FY16 Results: LatAm Business Drives Sales GrowthGroupe Casino reported FY16 revenues of €36,030 million, up by 2.0% from the previous year and up by 5.7% on an organic basis. Read More
Company Earnings Update | March 3, 2017 Register for Free Access Costco Wholesale (COST) Fiscal 2Q17 Results: Misses on EPS, Raises Membership FeesCostco reported fiscal 2Q17 EPS of $1.17, versus $1.24 in the year-ago quarter and missing the $1.36 consensus estimate. Revenues were $29.8 billion, down 5.7% year over year and roughly in line with the consensus estimate. Read More
Company Earnings Update | March 2, 2017 Register for Free Access Target (TGT) 4Q16 Results and Financial Community Meeting: Company Resets the Bar and Lowers Guidance for 2017Target held its annual Financial Community Meeting on February 28 in New York City.The company is making some major changes in an effort to compete in what CEO Brian Cornell called a “new era of retailing.” Read More
Company Earnings Update | March 2, 2017 Register for Free Access Zalando (XTRA: ZAL) FY16 Results: Stellar Sales and EBIT Margin PerformanceZalando reported FY16 revenue growth of 23.0% year over year to €3,639.0 million, slightly below the consensus estimate of €3,649.5 million. Read More
Company Earnings Update | March 2, 2017 Register for Free Access Luxottica (BIT: LUX) FY16 Results: Operating Profits Decline, But EPS Beats ExpectationsItalian eyewear manufacturer Luxottica reported FY16 adjusted EPS of €1.84, up 3.4% year over year and ahead of the consensus estimate of €1.80. Read More
