Company Earnings Update | July 24, 2019 Register for Free Access Avery Dennison (NYSE: AVY) 2Q19 Results: Mixed Results, Tougher Year than Expected but Annual EPS Target on TrackAvery Dennison reported mixed 2Q19 results and narrowed guidance with better growth in high-value products and productivity gains more than offsetting a choppy business environment. Read More
Company Earnings Update | July 22, 2019 Register for Free Access ASOS (LSE: ASC) 3Q19 Trading Update: Strong UK Demand but Operational Issues in the US and EU; Guidance Revised DownSOS reported 3Q19 group revenues of £919.8 million, up 11% year over year on a constant-currency basis (up 12% year over year as reported). Active customers hit the 20 million mark. Read More
Company Earnings Update | July 22, 2019 Register for Free Access Microsoft (NASDAQ: MSFT) 4Q19 Results: Beats Consensus Estimates, Strong Cloud Growth, 2020 Revenues to Be Up Double DigitsMicrosoft reported fiscal 4Q19 results that beat consensus estimates. The Intelligent Cloud segment drove growth, with revenues up 19%. Fiscal 2020 revenues are expected to be up double digits. Read More
Company Earnings Update | July 22, 2019 Register for Free Access SAP (XTRA: SAP) 2Q19 Results: Misses Consensus Estimates, Cloud Growth Remains Robust, Maintains GuidanceSAP’s Q2 missed consensus estimates, but cloud revenue grew 40% and guidance remains on track. The company lauded its Qualtrics customer experience management platform. Read More
Company Earnings Update | July 18, 2019 Register for Free Access Skechers (NYSE: SKX) 2Q19 Results: Revenue, Comps and EPS Beat Consensus EstimatesSkechers reported 2Q19 sales of $1.26 billion, up some 60%, driven by international stores – especially in China. Read More
Company Earnings Update | July 18, 2019 Register for Free Access eBay (NASDAQ: EBAY) 2Q19 Results: Continued Revenue Growth, Beats ConsensuseBay reported net revenue of $2.69 billion in 2Q19, up 1.8% year over year and beating the consensus estimate of $2.68 billion. The number of active global buyers increased 4% year over year to a total of 182 million. Read More
Company Earnings Update | July 17, 2019 Register for Free Access IBM (NYSE: IBM) 2Q19 Earnings: Beats Consensus, Revenues Down for Fourth Consecutive Quarter, Will Update Guidance August 2IBM’s 2Q19 met or beat consensus estimates, however revenues were down for the fifth consecutive quarter. The company plans to update guidance for the Red Hat acquisition on August 2. Read More
Company Earnings Update | July 17, 2019 Register for Free Access Burberry (LSE: BRBY) 1Q20 Update: Riccardo Tisci Product Line Boosts SalesMultiyear transformation plan on track with Tisci at design helm, store refreshes and rationalization underway. Comps up 4%. Read More
Company Earnings Update | July 11, 2019 Register for Free Access Fast Retailing (TSE: 9983) 3Q19 Results: Solid Revenue Growth, Company Maintains Outlook for Full FY19Fast Retailing reported 3Q19 revenues of ¥555 billion ($5.1 billion), up 7.3% and operating profit of ¥74.7 billion ($0.69 billion) up 9.3% from ¥68.3 billion ($0.63 billion) in the year ago period. Read More
Company Earnings Update | July 11, 2019 Register for Free Access Alimentation Couche-Tard (TSX: ATD.B) 4Q19 Results: Revenue Below Consensus, Merchandise and Service Drive GrowthAlimentation Couche-Tard reported fiscal 4Q19 revenue of $13.1 billion, down 3.7% year over year and slightly below the consensus estimate of $13.3 billion. The company reported adjusted diluted EPS of $0.52, down 11.9% year over year and below the consensus estimate of $0.55 Read More
Company Earnings Update | July 10, 2019 Register for Free Access Ocado (LSE: OCDO) 1H19 Results: Losses Deepen Due to Andover Disruption; Solutions Growth Hampered by Morrisons HolidayOcado reported 1H19 total sales of £882.3 million up 10.9% year over year with retail and solutions revenues growing 10.2% and 20.6%, year over year, respectively. Read More
Company Earnings Update | July 5, 2019 Register for Free Access Primark (LSE: ABF) 9M19 Trading Update: Lower Markdowns and Better Buying to Boost MarginsAssociated British Foods (ABF) reported its trading update for the 40 weeks ended June 22. This report focuses on Primark, the company’s retail business. Read More
Company Earnings Update | July 5, 2019 Register for Free Access Seven & i Holdings (TSE: 3382) 1Q20 Results: Operating Income Grows in Both Domestic and Overseas Convenience StoresIn 1Q20, ended May 31, 2019, Seven & i reported a 1.3% year-over-year decline in net sales. However, the company’s EPS increased 21.5% in the first quarter. Read More
Company Earnings Update | July 4, 2019 Register for Free Access Sainsbury’s (LSE: SBRY) 1Q20 Trading Update: Comp Decline Worsens, Outlook Remains BearishSainsbury’s reported comparable sales ex fuel fell 1.6% year over year in 1Q10, compared to a 0.9% decline in the previous quarter and missing the consensus estimate of a 1.4% decline recorded by StreetAccount. Read More
Company Earnings Update | July 1, 2019 Register for Free Access Walgreens Boots Alliance (NYSE: WBA) 3Q19 Results: Slow Performance at Boots UK, Company Reviewing Its US Store EstateWalgreens Boots Alliance reported 3Q19 revenues of $34.6 billion, up 0.7% as reported and 2.9% at constant currency. Revenues were in line with the consensus estimate as reported by S&P Capital IQ. Read More
