Flash Report | April 14, 2016 Register for Free Access Debenhams (LSE: DEB) 1H16 Results: Pretax Profit Up 5.5%, CEO Confirms ExitBritish department store chain Debenhams reported revenue of £1,327 million for 1H16 (ended February 2016), up 0.1% from 1H15. Gross transaction value (GTV) grew by 1.6% year over year, to £1,629 million, broadly in line with consensus. Read More
Flash Report | April 14, 2016 Register for Free Access Burberry (LSE: BRBY) 1H16 Results: In-Line Results Driven by Digital Channel Growth and Product InnovationBurberry reported 1H16 revenue of £1.4 billion, down 1% from 1H15 but in line with the consensus estimate. Read More
Flash Report | April 14, 2016 Register for Free Access Unilever (LSE: ULVR) 1Q16 Results: Solid Sales Growth and Share Gains Obscured by Currency HeadwindsUnilever reported 1Q16 revenues of €12.5 billion, down 2.0% year over year and below the consensus estimate of €12.8 billion. The decline was primarily driven by a negative currency impact of 7.1% that more than offset sales growth of 4.7%. Read More
Insight Report | April 12, 2016 Premium CARAA: THE NEW HANDBAG THAT BRIDGES HIGH FASHION AND FUNCTIONALITYWe recently met with Aaron Luo, the CEO of Caraa, a luxury athletic handbag brand based in New York City. The company’s first product is a bag that fits into the metropolitan’s woman’s wardrobe by bridging high fashion and functionality. Luo spent some time with us to tell us about the vision behind Caraa and how he sees the brand evolving in the future. Read More
Event Presentation | April 6, 2016 Premium 5 Ways Amazon Is Shaking Up Retail“The growth of online retailers, especially Amazon, has made shopping trips less appealing. Just as mall traffic has decreased (Fung Business Intelligence Centre estimates that the average American now visits a mall three to four times a year, as opposed to five to six times a few years ago), visits to big-box retailers are also dropping.” Read More
Flash Report | April 5, 2016 Register for Free Access Walgreens Boots Alliance (WBA) 2Q16 Results: In-Line Results Driven by Strong Pharmacy BusinessWalgreens Boots Alliance reported fiscal 2Q16 revenues of $30.2 billion, up 13.6% from the year-ago period and slightly below the consensus estimate of $30.7 billion. Adjusted EPS was $1.31, up 10.8% year over year and slightly above the consensus estimate of $1.28. Read More
Event Presentation | March 21, 2016 Premium What Is Driving Retail in 2016 (US and Europe)BRICK & MORTAR RETAILERS CONTINUE TO EXPERIENCE TRAFFIC DECLINES- • US mall traffic has declined for 37 consecutive months and continues to be challenging • Feb. 2016 store traffic dropped by 6.6% YoY • Malls have seen an average drop in traffic of 9.3% YoY • High-end malls appear less affected – GGP traffic up 2% in 2015 – Simon traffic up 1.5% in 2015 – Taubman traffic up in 2015 Read More
Flash Report | March 15, 2016 Register for Free Access Alimentation Couche-Tard (TSE: ATD.B) 3Q16 Results: Organic Growth Plus Acquisitions, New Stores and RebrandingAlimentation Couche-Tard reported fiscal 3Q16 revenues of $9.3 billion, up 2.5% year over year but missing the consensus estimate of $9.9 billion. Comps increased by 0.5% in the US, by 3.4% in Europe and by 0.2% in Canada. Read More
Event Presentation | March 14, 2016 Premium Golden Seeds Presentation• Fung Global Retail & Technology advises retailers, real estate developers and tech companies on projects situated at the intersection of retail, tech and/or fashion • Our team offers a robust knowledge bank and significant experience in the retail, fashion and tech fields. We are involved in many areas of the business and believe this allows us to offer a unique perspective by focusing on the future and where the sector is heading Read More
Flash Report | March 10, 2016 Register for Free Access Carrefour (EPA: CA) FY15 Results: Southern Europe and Latin America Strengthen ResultsCarrefour reported that net sales increased by 3.0% in FY15, to €76.9 billion, which was below the consensus estimate of €77.6 billion. Recurring operating income increased by 2.4%, to €2.4 billion, just below consensus. Adjusted net income also grew, by 7.1%, to €1.1 billion, slightly below consensus. Read More
Flash Report | March 9, 2016 Register for Free Access Vera Bradley (VRA) 4Q15 Results: In-Line Quarter, Comps Hurt by E-Commerce PromotionsVera Bradley reported fiscal 4Q15 revenues of $154.1 million, up 1.0% year over year and slightly above the consensus estimate. EPS was $0.41, in line with the consensus. Read More
Flash Report | March 9, 2016 Register for Free Access Groupe Casino (EPA: CO) FY15 Results: Weak Sales, FX and Brazil Drag Down ResultsGroupe Casino reported FY15 diluted underlying EPS of €2.80, a decline of 35.5% and below the consensus estimate of €2.81. The company reported that revenue decreased by 4.8%, to €46.1 billion, slightly above the consensus estimate. Read More
Flash Report | March 7, 2016 Register for Free Access Urban Outfitters (URBN) 4Q15 Results: Urban Outfitters Brand Markdowns ImproveUrban Outfitters reported 4Q15 EPS of $0.61 versus the consensus estimate of $0.56. Read More
Flash Report | March 4, 2016 Register for Free Access Big Lots (BIG) 4Q15 Results: Steady Comp Growth, Store Closures and Launch of E-CommerceBig Lots reported 4Q15 revenues of $1.6 billion, down 0.6% year over year and slightly missing the consensus estimate. Comps increased by 0.7%, despite the negative impact of Winter Storm Jonas and a later start to the tax-refund season, representing the eighth consecutive quarter of growth. Read More
Event Presentation | March 3, 2016 Premium 4Q2015 Recap and Spring Preview (Planalytics)Q4 2015 Wrap-up and Spring Retail Trends 1. Q4 2015: Tough Holiday, Mixed Results 2. Q4 2015: Home and Off-Price Retailers Lead Growth 3. Home Improvement Retailers: Continued Benefits from Housing Market Recovery 4. Off Price Sector: Out Performs the Industry Read More
