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Company Earnings Update | October 19, 2016

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ASOS (AIM: ASC) FY16 RESULTS: REVENUES AND EPS BEAT

British online fashion retailer ASOS reported £1,444.9 million in revenues, in the 12 months ending August 31, 2016, above the consensus estimate of £1,436.6 million and up 26% year over year. FY16 constant-currency revenues increased 26% year over year.

Flash Report | October 10, 2016

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Chico’s FAS (CHS) Appoints Diane Ellis as President of the Chico’s Brand

Chico’s FAS has named Diane Ellis President of the Chico’s brand, effective November 1, 2016.

Flash Report | October 7, 2016

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Walgreens Boots Alliance Displaces CVS from Tricare Pharmacy Network

Walgreens Boots Alliance (WBA) will replace CVS as the in-network pharmacy for Tricare, the healthcare program of the US Department of Defense Military Health System.

Flash Report | September 28, 2016

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Boohoo.com (LON: BOO) 1H17 RESULTS: VERY STRONG PERFORMANCE AND INCREASED GUIDANCE

British online fashion retailer boohoo.com reported £127.3 million in revenues, in the 6 months ending August 31, 2016, beating the consensus estimate of £126.6 million and up 40.2% from £90.8 million in the 6 months to August 31, 2015. 1H17 constant-currency revenues increased 41% year over year.

Flash Report | September 2, 2016

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Ctrip (CTRP) 2Q16 RESULTS: EARNINGS BEAT DUE TO MARKETING COST SAVINGS AND STRONG CHINESE TRAVEL DEMAND

Ctrip, China’s leading online travel agent, reported in-line 2Q16 revenues of ¥4.41 billion, up 75% year over year. Non-GAAP net profit of ¥0.06 billion beat the consensus estimate of a loss of ¥0.04 billion, but was down 81% year over year due to the consolidation of Qunar.

Flash Report | August 17, 2016

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Urban Outfitters (URBN) 2Q 2016 RESULTS: SOLID PERFORMANCE, SIGNIFICANT MARGIN IMPROVEMENT

Urban Outfitters reported 2Q 2016 EPS of $0.66 versus last year’s $0.52, and beat the consensus estimate of $0.55. Reported revenues were $890.6 million, up 3% year over year and exceeded expectations of $885.9 million, driven by a wholesale net sales increase of 4%.

Insight Report | August 4, 2016 Premium

AMAZON DEVICES ARE BACK AT TARGET

Target (TGT) has resumed selling Amazon (AMZN) electronic devices such as Fire tablets, Fire TV video devices and Kindle e-readers on target.com. The products are scheduled to return to shelves in October 2016.

Flash Report | August 2, 2016

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CVS Pharmacy (CVS) 2Q16 Results: Mixed Quarter, but Company Raises Guidance

CVS reported 2Q16 adjusted EPS of $1.32, up 8.3% year over year and ahead of guidance of $1.28–$1.31, beating the consensus estimate by two cents. The company reported revenues of $43.7 billion, up 17.6% year over year but missing the $44.3 billion consensus estimate.

Company Earnings Update | July 29, 2016

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Amazon (AMZN) 2Q16 RESULTS: AMAZON HAS A BIG QUARTER WITH 31% REVENUE GROWTH

Amazon reported 2Q16 revenues of $30.4 billion, up 31.1% year over year, beating the $29.6 billion consensus estimate and at the high end of the guidance range of $28–$30.5 billion. EPS was $1.78, compared to $0.19 in the year-ago quarter and consensus of $1.11.

Flash Report | July 28, 2016

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Carrefour (ENXTPA: CA) 1H16 Results: Group Sees Growth in Latin America, While Sales Weaken in France and China

Carrefour reported net sales of €36.3 billion in 1H16, down 3.8% from 1H15 and missing the consensus estimate of €37.1 billion. At constant currency, sales grew by 2.2%. Recurring operating income fell by 3.0%, to €706 million, but beat the consensus estimate of €686.4 million.

Flash Report | July 13, 2016

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AMAZON PRIME DAY 2016 WRAP-UP

Amazon reported that Prime Day 2016 was its biggest sales day ever, with orders up more than 60% worldwide and more than 50% in the US.

Flash Report | July 13, 2016

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Burberry (LSE: BRBY) 1Q17 Results: Weak Tourist Spending Pressures Revenues

Burberry reported fiscal 1Q17 retail revenue of £423 million, unchanged year over year at constant currency.

Flash Report | July 12, 2016

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Amazon Prime Day: A Mixed Response in 2016

Fung Global Retail & Technology began covering the second annual Amazon Prime Day starting at its launch at midnight Pacific Time (PT) today.

Company Earnings Update | June 30, 2016

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Alibaba (BABA) Steps Up Global Expansion Strategy by Raising its Stake in Lazada

Alibaba announced that it will pay almost $1 billion to increase its stake in leading Southeast Asia e-commerce platform Lazada to 83% from 51%.

Flash Report | June 1, 2016

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Vera Bradley (VRA) 1Q17 Results: Beats on EPS, but Revenues Are Light

Vera Bradley reported fiscal 1Q17 EPS of $0.06 versus the consensus estimate
of $0.05.