April 18, 2018 Company Earnings Update Register for Free Access Groupe Casino (EPA: CO) 1Q18 Trading Update: French Food Sales, Hypermarkets Help PerformanceGroupe Casino reported a 3.8% decline in sales in 1Q18 to €8.90 billion, slightly below the consensus estimate of €8.91 billion, and impacted by foreign-exchange effects of (7.7)%.
April 17, 2018 Insight Report Premium US Online Grocery Consumer Survey: Amazon Is the Most-Shopped Retailer, but Not Yet a Full-Order Grocery DestinationIn this report, we share our top takeaways from our latest consumer survey, which looked at the online grocery market in the US.
April 12, 2018 Company Earnings Update Register for Free Access TESCO (LSE: TSCO) FY18 Results: Profits Surge as Turnaround Efforts ContinueTesco announced a net profit of £1,208 million for FY18, representing a significant rebound from last year’s loss of £54.0 million. Revenues increased by 2.8% to £57,491 million.
April 12, 2018 Company Earnings Update Register for Free Access Carrefour (ENXTPA: CA) 1Q18 Trading Update: Very Weak Quarter as Growth Slows in All Regions and French Comps Turn NegativeCarrefour grew first-quarter sales by just 0.4% on a comparable basis. Total sales fell by 2.4% at current exchange rates.
April 11, 2018 Insight Report Premium Who Shops Where for Groceries – A Look at US Grocery Store DemographicsNonspecialist retailers account for three of the four most-shopped retailers for groceries: Walmart is in first place, Target is second and Costco is fourth. Kroger is the only supermarket retailer in the top four.
April 3, 2018 Flash Report Register for Free Access Walmart and Humana Reportedly Talking About a Possible Tie-UpIn recent days, a number of major news outlets have published stories about Walmart and Humana possibly being in talks about a partnership, outright acquisition, investment or some other kind of tie-up.
March 29, 2018 Company Earnings Update Register for Free Access Walgreens Boots Alliance (WBA) Fiscal 2Q18 Results: Beats Consensus Estimates and Raises Annual EPS GuidanceWalgreens Boots Alliance reported fiscal 2Q18 adjusted EPS of $1.73, handily beating the $1.55 consensus estimate and up 27.1% year over year. Revenues were $33.02 billion, up 12.1% year over year and beating the consensus estimate of $32.20 billion.
March 27, 2018 Flash Report Register for Free Access Walmart’s Jet.com Appoints Tesco Veteran Simon Belsham as PresidentSimon Belsham, a veteran of the UK online grocery industry, has been appointed President of Walmart-owned Internet pure play Jet.com.
March 26, 2018 Insight Report Premium Toys“R”Us Closures: Exclusive Coresight Research Survey Suggests Big Gains for Walmart and TargetToys“R”Us looks set to close all 800 of its US stores, following its bankruptcy filing. To assess which other toy retailers are likely to gain from the chain’s closure, we conducted a proprietary consumer survey among US toy shoppers.
March 26, 2018 Flash Report Register for Free Access Marks & Spencer Appoints Retail Veteran Stuart Machin as Managing Director of FoodMarks & Spencer (M&S) announced that it has appointed retail veteran Stuart Machin to the newly created role of Managing Director of Food.
March 12, 2018 Company Earnings Update Register for Free Access The Kroger Co. (KR) 4Q17 Results: Solid Quarter, EPS Guidance Below ConsensusKroger reported 4Q17 adjusted EPS of $0.63,up 19.6% year over year and in line with the consensus estimate. Revenues were $31.03 billion, up 12.4% year over year and ahead of the $30.82 billion consensus estimate.
March 9, 2018 Company Earnings Update Register for Free Access Groupe Casino (EPA: CO) FY17 Results: “Good Performances Across all Businesses,” Expects Further Growth in FY18Groupe Casino announced 13.7% growth in EBITDA in FY17, yielding a 40-basis-point increase in the EBITDA margin to 5.1%. Operating income grew by 86%, representing a rise of 90 basis points in the margin to 2.0%.
March 9, 2018 Event Coverage Register for Free Access Notes from Target Store Tour and Technology DemosDuring our trip to Minneapolis to attend the 2018 Target Financial Community Meeting this week, the Coresight Research team also took a guided tour of a Target store and viewed a demonstration of technologies that the company is developing. Selected takeaways from the store visit include:
March 8, 2018 Company Earnings Update Register for Free Access Takeaways from the 2018 Target Financial Community MeetingThe Coresight Research team attended the 2018 Target Financial Community Meeting in Minneapolis this week. Selected takeaways from the event follow.
March 7, 2018 Company Earnings Update Register for Free Access Target (TGT) 4Q17 Results: Beats on Comps, Guidance Roughly in LineTarget reported 4Q17 adjusted EPS of $1.37, down 5.5% from the year-ago quarter and in line with both the consensus estimate and guidance of $1.30–$1.40. Revenues were $22.77 billion, up 10% year over year and ahead of the $20.53 billion consensus estimate.
