April 12, 2016 Insight Report 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.
April 6, 2016 Event Presentation 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.”
April 5, 2016 Flash Report 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.
March 21, 2016 Event Presentation 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
March 15, 2016 Flash Report 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.
March 14, 2016 Event Presentation 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
March 10, 2016 Flash Report 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.
March 9, 2016 Flash Report 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.
March 9, 2016 Flash Report 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.
March 7, 2016 Flash Report 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.
March 4, 2016 Flash Report 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.
March 3, 2016 Event Presentation 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
March 3, 2016 Flash Report Register for Free Access Costco (COST) 2Q16 Results: Complicated but Decent Quarter, Solid Comps ex Gas, Foreign ExchangeCostco reported fiscal 2Q16 revenue of $28.2 billion, up 2.6% year over year and slightly below the consensus estimate of $28.6 billion. EPS was $1.24, missing the consensus estimate by four cents. The reported EPS figure includes items that hurt EPS by $0.11 per share.
February 25, 2016 Event Presentation Premium Retailment Driven TrendsAlchemist Accelerator is an accelerator exclusively for startups whose revenue comes from enterprises, not consumers. CoCoon is a coworking space where entrepreneurs, creative talent, successful leaders and investors meet, collaborate and deliver results together. Member companies get access to networking opportunities, work space, a photography studio and mentors. Entrepreneurs Roundtable Accelerator (ERA) provides participant companies with an intensive four-month program, with the goal of helping early-stage companies progress rapidly into exciting, viable businesses.
February 25, 2016 Flash Report Register for Free Access Chico’s FAS (CHS) 4Q15 RESULTS: COMPS AND REVENUES DOWN; COMPS FLAT TO DOWN AND HIGHER EPS IN 2016Chico’s reported 4Q15 adjusted EPS of $0.05 versus estimated EPS of $0.00. Net revenue for the quarter was $627.4 million, down 4.5% year over year from $657.9 million in 4Q14.
