March 27, 2019 Flash Report Register for Free Access Ocado Inks Another International Deal, Signing Up Australia’s Coles Group to the Ocado Smart PlatformOcado Group has signed Australian grocery retailer Coles to its Ocado Smart Platform. The companies will construct two robotic fulfillment centers and Coles will deploy Ocado’s store-picking technology.
March 21, 2019 Company Earnings Update Register for Free Access Alimentation Couche-Tard (TSX: ATD.B) Fiscal 3Q19 Results: Revenue Below Consensus, Merchandise and Fuel Drive GrowthAlimentation Couche-Tard reported fiscal 3Q19 revenue of $16.5 billion, slightly below the consensus estimate of $16.8 billion and up 4.6% from 3Q18.
March 18, 2019 Flash Report Register for Free Access Fung Retailing Group’s Circle K Showcases First AI Checkout Experience in Hong KongOn March 13, 2019, Fung Retailing Group’s convenience-store chain, Circle K, rolled out Hong Kong’s first AI-powered checkout solution using image recognition.
March 15, 2019 Company Earnings Update Register for Free Access Dufry (SIX: DUFN) FY18 Results: Solid Year Despite Second-Half Headwinds, Company Expects Strengthening of Revenue GrowthDufry reported 2018 revenues slightly ahead of expectations, with organic growth of 2.7% versus consensus of 2.4%. Gross profit climbed 4.4% resulting in a 40-bps gain in the gross margin.
March 15, 2019 Company Earnings Update Register for Free Access CASINO (ENXTPA: CO) FY18 Results: Sales In Line with Consensus, Company Aims for Strong Profit GrowthCasino Group reported FY18 net sales of €36.6 billion, up 4.7% year over year at constant currency (down 2.4% year over year as reported), and largely in line with the consensus estimate of €36.69 billion recorded by StreetAccount.
March 14, 2019 Company Earnings Update Register for Free Access Casey’s General Stores (NASDAQ: CASY) 3Q19 Results: Revenue Below Consensus, Prepared Food and Grocery Fuel GrowthCasey’s General Stores reported 3Q19 revenue of $0 billion, slightly below the consensus estimate of $2.2 billion and down 0.3% from 3Q18.
March 14, 2019 Company Earnings Update Register for Free Access Morrisons (LSE: MRW) FY19 Results: Solid Profit Growth Prompts Optimistic OutlookMorrisons reported FY19 results with both top-line and EPS slightly missing the consensus but otherwise showing strong growth.
March 13, 2019 Insight Report Premium Better Convenience Through Automation: Five Japanese Convenience Store Chains Sign Up to Automate All Stores by 2025The Japanese government wants to automate convenience stores nationwide by 2025, in co-operation with five convenience store chains. Under the plan, the five convenience store chains will automate 50,000 stores by 2025 using Radio Frequency Identification (RFID) technology.
March 13, 2019 Flash Report Register for Free Access St Patrick’s Day Celebrations Look to be a Modest Event for Retailers, Despite Rising Numbers of US CelebrantsSt. Patrick’s Day captures a lot of attention, but its retail impact is small compared to other holidays: Consumers plan to spend $40 on average for St. Patrick’s Day this year, less than a quarter their planned $162 Valentine’s Day spend.
March 13, 2019 Insight Report Premium January 2019 US Retail Sales: Retail Rebound, Supported by Strong Sales at Home-Improvement StoresTotal retail sales excluding fuel and automobiles increased 3.7% year over year in January, growing substantially from the revised 0.1% year-over-year decline reported for December.
March 12, 2019 Company Earnings Update Register for Free Access Costco Wholesale (NASDAQ: COST) Fiscal 2Q19 Results: Solid Quarter with Slightly Light Revenues and Blowout EPSCostco reported fiscal 2Q19 revenues of $35.40 billion, up 7.3% year over year and slightly below the $35.65 billion consensus estimate. EPS was $2.01, up 26.6% year over year and handily beating the $1.69 consensus estimate. Comps (excluding gasoline and other items) increased 6.7%, and e-commerce comps increased 25.5%.
March 11, 2019 Company Earnings Update Register for Free Access Big Lots (NASDAQ: BIG) 4Q18 Results: Revenues in Line, Big Beat on EPS, Guides for Lower EPSBig Lots reported 4Q18 revenues of $1.60 billion, down 2.6% year over year. Adjusted EPS handily beat the consensus estimate. Comps increased 3.1%. The company guided for a low single digit increase in comps in 2019 and adjusted EPS of $3.55-$3.75 (down 7%-12%), in line with the consensus estimate.
March 8, 2019 Company Earnings Update Register for Free Access Kroger (NYSE: KR) Fiscal 4Q18 Results: Comp Growth Strengthens, as Management Points to the Fruits of Its “Restock Kroger” ProgramKroger reported a 1.8% increase in same-store sales in 4Q18, up from 1.6% in the prior quarter and in line with consensus. Total reported sales declined due to the divestiture of its convenience store business.
March 7, 2019 Company Earnings Update Register for Free Access BJ’s Wholesale Club (NYSE: BJ) 4Q18 Earnings: Beats Consensus Estimates, Light GuidanceBJ’s Wholesale Club reported 4Q18 results beating consensus estimates and offered 2019 guidance below consensus. Revenues were $3.42B, beating consensus of $3.36B, comps ex gasoline were +2.9%, and adjusted EPS was $0.44, beating consensus of $0.36. 2019 revenue guidance of $12.9-$13.2B is below consensus of $13.37B; comps are expected to be +1.5%-2.5%.
March 6, 2019 Company Earnings Update Register for Free Access Target Corp. (NYSE: TGT): 4Q18 Results Beat Expectations, Guides Up and Holds an Upbeat Investor MeetingTarget reported flat 4Q18 total revenues of $22.98 billion, with sales below consensus, however, the year-ago quarter included one extra week ($1.2 billion) of sales. Adjusted EPS was $1.53, beating consensus by a penny. Comps grew 5.3%, beating consensus. Digital sales grew 31%.
