Company Earnings Update | February 22, 2017 Register for Free Access Home Depot (HD) 4Q16 Results: Earnings Beat, Solid 2017 GuidanceHome Depot reported 4Q16 EPS of $1.44, up 23.1% from the year-ago quarter and beating the consensus estimate of $1.33. The company reported revenue of $22.21 billion, up 5.8% from $20.98 billion in the year-ago quarter and above the $21.79 billion consensus estimate. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Walmart (WMT) Fiscal 4Q17 Results: Solid Quarter and Comps, Strong E-CommerceWalmart reported fiscal 4Q17 adjusted EPS of $1.30, down from $1.43 in the year-ago quarter but above the $1.28 consensus estimate. Total revenues were $130.9 billion, up 1.0% year over year and slightly below the $131.1 billion consensus estimate. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Macy’s (M) 4Q16 Results: Restructuring amid Disappointing ResultsMacy’s reported 4Q16 total revenues of $8.5 billion, down 4% year over year and missing the consensus estimate of $8.6 billion. EPS was $2.02, beating the consensus estimate of $1.95. Read More
Company Earnings Update | February 22, 2017 Register for Free Access Vipshop (VIPS) 4Q16 Results: Solid Performance Beats Estimates, on Jump in Active Customer Base and Expansion of Logistics ServiceVipshop reported 4Q16 revenue of ¥19.0 billion, up 36.5% year over year, beating consensus by 4%. This was primarily driven by the increase in the number of total active customers and total orders. Read More
Company Earnings Update | February 16, 2017 Register for Free Access H&M (STO: HM-B) Monthly Sales Update: Sequential Sales Improvement in JanuaryH&M reported total sales rose by 8% year over year in local currencies in January 2017. This compares to sales growth of 6% in December. January sales were negatively impacted by 2% due to a calendar impact. Read More
Company Earnings Update | February 13, 2017 Register for Free Access Kering (ENXTPA: KER) FY16 Results: Strongest Revenue Increase in Last Five YearsFrench luxury group Kering reported FY16 revenue of €12.4 billion, up 6.9% year over year and above the analyst consensus estimate of €12.3 billion. At constant currency, revenues increased 8.1% year over year. Read More
Company Earnings Update | February 8, 2017 Register for Free Access Michael Kors (KORS) 3Q17 Results: Company Misses Expectations; Weak Guidance Points to ChallengesMichael Kors reported 3Q17 total revenue of $1.35 billion, down 3.2% from $1.40 billion in the year-ago quarter. EPS was $1.64, beating the consensus estimate of $1.63. Read More
Company Earnings Update | February 3, 2017 Register for Free Access Ralph Lauren (RL) 3Q17 Earnings: CEO Departure Announcement Overshadows 3Q ResultsRalph Lauren reported 3Q17 adjusted EPS of $1.86, beating the consensus estimate of $1.64. Revenues decreased by 12%, to $1.71 billion from $1.95 billion in the year-ago period, and were in line with guidance. Read More
Company Earnings Update | February 3, 2017 Register for Free Access Luxottica (BIT: LUX) Global Empire: M&A HistoryOver the past 20 years, Italy-based Luxottica has expanded through numerous acquisitions and grown into the world’s largest consumer eyewear frame manufacturer, with US$9.7 billion in annual sales and a market capitalization of US$26 billion. Read More
Company Earnings Update | February 3, 2017 Register for Free Access Estée Lauder (EL) 2Q17 Results: Mixed Quarter, Softer Outlook Due to Currency EffectsEstée Lauder reported fiscal 2Q17 adjusted EPS of $1.22, flat year over year but beating the $1.17 consensus estimate. Net sales were $3.21 billion, up 2.7% year over year but slightly missing the $3.24 billion consensus estimate. Read More
Company Earnings Update | February 3, 2017 Register for Free Access Amazon (AMZN) 4Q16 Results: Earnings Beat, Revenue and Guidance Below ExpectationsAmazon reported 4Q16 EPS of $1.54, compared with $1.00 in the year-ago quarter and beating the $1.37 consensus estimate. Net sales were $43.7 billion, up 22.4% year over year but missing the $44.7 billion consensus estimate. Read More
Company Earnings Update | February 1, 2017 Register for Free Access H&M (STO: HM-B) FY16 Results: Tough Year, but Better-Than-Expected January SalesSwedish fast-fashion retailer Hennes & Mauritz AB reported SEK192.3 billion in net sales excluding VAT in FY16, slightly below the consensus estimate of SEK192.8 billion and up 6.3% year over year. Net sales including VAT increased by 7% year over year on a constant currency basis. The company did not provide comparable stores sales growth rates. Read More
Company Earnings Update | February 1, 2017 Register for Free Access Luxottica (BIT: LUX) FY16 Trading Update: Solid Performance in Retail Segment Outweighs Weakness in WholesaleLuxottica reported that adjusted revenue in FY16 increased by 0.8% (1.9% at constant currency), to €9,086 million, which was slightly above the consensus estimate of €9,070 million. The company also announced an agreement to acquire 100% of Óticas Carol, one of the largest optical retail franchisors in Brazil. Read More
Company Earnings Update | February 1, 2017 Register for Free Access Ocado (LSE: OCDO) FY16 Results: Strong Revenue Growth, But Costs Weigh On MarginsBritish online grocery retailer Ocado Group announced a 14.8% increase in revenues for the year ended November 27, 2016, marginally below the 15.1% growth that analysts expected. Read More
Company Earnings Update | February 1, 2017 Register for Free Access Under Armour (UAA) 4Q16 Results: Big Miss, Slowing Growth, CFO DepartureUnder Armour reported 4Q16 adjusted EPS of $0.23, down from $0.24 in the year-ago quarter and missing the consensus estimate by $0.02. Revenues were $1.31 billion, up 11.7% year over year but also missing the consensus estimate, which called for revenues of $1.41 billion. Management commented that numerous challenges and disruptions in North American retail had tempered the company’s results. Read More
