Company Earnings Update | August 15, 2019 Register for Free Access Macy’s (NYSE: M) 2Q19 Results: Revenues Down, Lowers EPS Guidance, Launches Pilot with ThredUpMacy’s fiscal 2Q19 revenues were $5.55B, down 0.5% YoY, even with the consensus estimate. The company reported 2Q19 adjusted EPS of $0.28, down 47.2% from a year ago. Macy’s lowered EPS guidance. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Tencent (HKEX: 0700) 2Q19 Results: Mixed Results, Growth in FinTech and Business Services in Challenging Ad EnvironmentTencent reported 2Q19 revenue and EPS that beat consensus estimates, continuing to post strong growth in the FinTech and Business Services segment, in a challenging ad environment. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Canada Goose (NYSE: GOOS) 1Q20 Results: Revenue and EPS Beat Estimates, Reiterates Guidance for FY2020Canada Goose’s 2Q20 results beat consensus estimates, though the company drdeported a 650-bps decline in the gross margin. The company reiterated its fiscal 2020 outlook. Read More
Company Earnings Update | August 15, 2019 Register for Free Access Cisco (NASDAQ: CSCO) 4Q19 Results: Beats/In Line with Consensus, Security Driving GrowthCisco reported fiscal 4Q19 results that met or beat consensus estimates, and security was a major growth driver in the quarter. Cisco is expanding security across all its networking and cloud domains. Read More
Company Earnings Update | August 9, 2019 Register for Free Access Farfetch (NYSE: FTCH) 2Q19 Results: Strong Growth Driven by Platform GMVFarfetch reported 2Q19 revenues grew 42.7% to $209.3 million and active users increased 55.7% to 1.8 million. The company anticipates luxury will reshape itself to move to a direct-to-consumer model. Read More
Company Earnings Update | August 9, 2019 Register for Free Access CVS Health (NYSE: CVS) 2Q19 Results: Narrows Profit and Earnings Outlook on Aetna StrengthCVS reported revenue growth of 35.2% year over year to $63.4 billion, above the $62.6 billion consensus estimate as recorded by FactSet StreetAccount, in the second quarter ended June 30. Read More
Company Earnings Update | August 9, 2019 Register for Free Access Adidas (DB: ADS) 2Q19 Results: Double-Digit Revenue Growth in E-Commerce and in ChinaAdidas reported 4% currency-neutral 2Q19 revenue growth driven by high-single-digit growth in its sport inspired business. Revenues rose 5% to €5.51 billion. Read More
Company Earnings Update | August 9, 2019 Register for Free Access Unicharm (TYO: 8113) 2Q19 Results: Net Sales Ahead of Consensus, Asia Remains a Growth EngineUnicharm reported 2Q19 net sales of ¥173.9 billion, up 5.5% year over year and broadly in line with the consensus estimate of ¥173.5 billion. Read More
Company Earnings Update | August 8, 2019 Register for Free Access Ahold Delhaize (ENXTAM: AD) 2Q19 Results: An In-Line Quarter but Operating Income Declines by Double DigitsAhold Delhaize reported 2Q19 net sales and underlying operating income in line with expectations. Read More
Company Earnings Update | August 8, 2019 Register for Free Access Capri Holdings (NYSE: CPRI) 1Q20 Results: Revenue Misses Estimates, Reduces Revenue GuidanceCapri Holdings reported 1Q20 adjusted EPS of $0.95, above the $0.90 consensus estimate. Revenues increased 11.9% to $1.34 billion on a reported basis, missing the $1.37 billion estimate. Read More
Company Earnings Update | August 8, 2019 Register for Free Access Brookfield Property Partners (NASDAQ: BPY) 2Q19 Results: Revenue Increases, FFO Beats EstimatesBrookfield reported 2Q19 FFO per unit of $0.38, up 5.6%, beating the consensus estimate of $0.36. Net income was $0.12 per unit, down 82%. Read More
Company Earnings Update | August 7, 2019 Register for Free Access Pitney Bowes (NYSE: PBI) 2Q19 Results: Mixed Results, Strong Growth in Global E-Commerce, 2019 and Long-Term Targets Remain on TrackPitney Bowes reported mixed 2Q19 results, including strong 18% growth in the Global Ecommerce group, and reiterated its annual guidance as its business for 2019 and the long term remains on track. Read More
Company Earnings Update | August 6, 2019 Register for Free Access Prada (SEHK: 1913) 1H19 Results: Sales Increase Slightly, In Line with Market Expectations In 1H19, Prada’s net revenue was €1.57 billion, up 1.9% year over year at a constant- currency basis. Net retail sales rose 2.4%, to €1.55 billion. Read More
Company Earnings Update | August 5, 2019 Register for Free Access Wayfair (NYSE: W) 2Q19 Results: Revenues Beat Consensus Estimates, Losses ContinueWayfair reports losses of $181.9 million in 2Q19 (compared to the $100.7 million loss in the year ago quarter) on revenues of $2.34 billion, up 41.6% year over year and above the $2.26 billion consensus estimate. Read More
Company Earnings Update | August 5, 2019 Register for Free Access Clorox (NYSE: CLX) 4Q19 Results: Sales Decline, Pulled Down by the Household SegmentClorox reported net sales of $1.6 billion for the three months ended June 30, 2019, down 3.8% year over year, driven by lower sales volume and unfavorable foreign exchange rates. For fiscal 2019, Clorox reported sales growth of 1% to $6.2 billion and a 1% increase in diluted EPS to $6.32. Read More
