Company Earnings Update | August 21, 2019 Register for Free Access The TJX Companies (NYSE: TJX) 2Q19 Results: Revenues Below Expectations; Affirms Full-Year GuidanceTJX Cos. reported fiscal 2Q19 revenues of $9.8 billion, up 4.8% year over year and lower than the consensus estimate of $9.9 billion. Earnings per share (EPS) grew 6.9% year over year to $0.62. Read More
Insight Report | August 20, 2019 Premium Insights from China: The Booming Bubble Tea Market in ChinaChina’s booming bubble tea market has experienced a high CAGR of 20% between 2014 and 2018, according to Qianzhan. Innovations in bubble tea recipes, modern tea houses serving as hang-out venues for consumers as well as viral marketing are factors that attribute to demand. Read More
Deep Dive | August 20, 2019 Premium Reinventing the US Department StoreFrom loyalty programs to experiential concepts, we assess how US department stores are transforming themselves to stay relevant. Read More
Insight Report | August 16, 2019 Premium July 2019 UK Retail Sales: Growth Accelerates for Internet RetailersJuly was a solid month for UK retail overall, according to the ONS: Sales grew 3.7% versus 4.0% in June and slightly below the 4.1% average for the prior 12 months. Read More
Store Tracker | August 15, 2019 Databank Members Reviewing Year-to-Date US Store Closures and OpeningsIn this report, we review year-to-date announced store closures and openings in the US, by sector. 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
Deep Dive | August 14, 2019 Premium US Back-to-School 2019: Fashion Trends and Apparel SpendingWe review fashion trends and apparel spending intentions that will shape demand for clothing and footwear this back-to-school season. Read More
Insight Report | August 12, 2019 Premium July 2019 US Same-Store Sales: Costco Reports Comps Below ConsensusCostco’s global same-store sales growth marginally improved from June, but missed the consensus estimate. Its e-commerce growth accelerated to 21.3% in July, from June’s 15.7%. 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
Insight Report | August 8, 2019 Premium US Back-to-School 2019: Digital TrendsThis is the second report in our US Back-to-School series for 2019. Here, we assess the digital trends that we expect to see this shopping season. Read More
Insight Report | August 6, 2019 Premium Insights from China: The Booming E-Cigarette Market in ChinaDomestic and foreign e-cigarette players are eying expansion in the China market, with e-cigarettes being promoted as safer alternatives to traditional cigarettes. In fact, the stated intended use (by many of the companies) is to provide a safer alternative for smokers to stop using tobacco. Read More
Deep Dive | August 6, 2019 Free Report Off-Price Retailing in GermanyWe review the German off-price retail landscape. German mass-market apparel retailing is skewed toward value options, but off-price represents a still-nascent part of this market. Read More
Company Earnings Update | August 2, 2019 Register for Free Access Gildan (NYSE: GIL) 2Q19 Results: Higher Revenue Driven by Activewear, Updates Full Year GuidanceGildan 2Q19 sales increased 4.9% to $801.6 million, driven by activewear sales and consistent with analyst expectations. Read More
Store Tracker | August 2, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 31: Tractor Supply Company Opens More StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019. Read More
Deep Dive | August 2, 2019 Premium US Retail Inventory Tracker, 1Q19Most Coresight 100 retailers witnessed a decline in consumer spending, which translated into poor sales and inventory buildup in comparison to the same quarter last year. Tariffs and strategic investments also drove inventory accumulation. Read More
