January 13, 2017 Company Earnings Update Register for Free Access Tesco (LSE: TSCO) 3Q17 and Christmas Update: Solid End to the YearThe UK’s largest retailer, Tesco, reported 3Q17 group comps of 1.5%, slightly ahead of the consensus estimate of 1.3%. In the UK, 3Q17 comps came in at a robust 1.8%.
January 12, 2017 Company Earnings Update Register for Free Access Sainsbury (LSE: SBRY) 3Q17 Update: Modest Growth Beats ExpectationsSainsbury’s, the UK’s second-largest grocery retailer, posted comps of 0.1% for 3Q17, marginally ahead of expectations of (0.8)%.
January 11, 2017 Company Earnings Update Register for Free Access Metro Group (DB: MEO)1Q17 Trading Update: Weak Grocery Segment Weighs on Top LineMetro Group reported net sales of €17.0 billion in 1Q17, down 0.6% from the same period last year,and almost in line with consensus estimates. Comps edged up by 0.1% year over year.
January 11, 2017 Company Earnings Update Register for Free Access Morrisons (LON: MRW) Christmas Trading: Comfortably Beats ExpectationsThe UK’s fourth-largest grocery retailer, Morrisons, reported comps of 2.9% for the nine weeks ended January 1 to comfortably beat 4Q17 consensus of 1.1%. This marked an acceleration from comps of 1.6% in the prior quarter.
December 12, 2016 Deep Dive Premium Online Grocery Series: Germany – Playing Catch-UpThis is the fourth in our series of reports analyzing online grocery markets around the world. Germany lags other markets in grocery e-commerce despite having one of the largest grocery sectors in Europe and an advanced nonfood e-commerce market.
December 9, 2016 Company Earnings Update Register for Free Access Ahold Delhaize Capital Markets Day 2016: Four Key TakeawaysAhold Delhaize expects to generate some €2.3 billion in online sales in 2016, and to double that annual total by 2020. Just over half of its sales now and in the future are from Bol.com, with the remainder from its online grocery operations.
December 5, 2016 Company Earnings Update Register for Free Access Kroger (KR) 3Q16: In-Line Quarter, 2017 EPS Growth Below Target RangeKroger reported 3Q16 EPS of $0.41, in line with the consensus estimate. Revenues were $26.6 billion, up 5.9% year over year, and above the $26.3 billion consensus estimate.
December 2, 2016 Company Earnings Update Register for Free Access UNILEVER (ULVR) ANNUAL INVESTOR SEMINAR 2016: FIVE KEY TAKEAWAYSUnilever is to focus on driving sales of its core portfolio in high-growth segments and on reducing costs; the company anticipates annual core operating margin growth to rise from the current range of 20 bps–40 bps to 40 bps–80 bps between 2017 and 2019.
November 23, 2016 Deep Dive Premium Online Grocery Series: France – Where Click-and-Drive Is KingThe French online grocery sector is one of the most advanced in the world: e-commerce’s share of grocery sales in France is the highest in Europe after the UK.
November 18, 2016 Company Earnings Update Register for Free Access Walmart (WMT) 3Q17 Results: E-Commerce Contribution Increases at Walmart USWalmart reported 3Q17 EPS of $0.98 versus the consensus estimate of $0.96.
November 18, 2016 Company Earnings Update Register for Free Access Ahold Delhaize (AD) 3Q16 RESULTS: CORE SALES UP, BUT EARNINGS MISS ESTIMATES ON US WEAKNESSAhold Delhaize reported 3Q16 pro forma revenues of €14,546 million, up 2.6% from €14,176 million in 3Q15, narrowly beating the consensus estimate of €14,516.98 million. The underlying EBITDA margin grew by 8 basis points and the underlying operating margin increased by 6bps.
October 21, 2016 Company Earnings Update Register for Free Access Walgreens (WBA) 4Q16 Results: EPS Beats Consensus, Rite Aid Merger ExtendedWalgreens reported fiscal 4Q16 adjusted EPS of $1.07, ahead of the $0.99 consensus estimate. Reported revenues were $28.64 billion, up 0.4% year over year and below the consensus estimate of $29.11 billion.
October 21, 2016 Flash Report Register for Free Access Walmart to Fast Track China Expansion with JD Ahead of Singles’ DayWalmart and JD.com announced a series of joint initiatives to expand their offering for Chinese online shoppers ahead of Singles Day 2016. This builds upon an existing strategic alliance the two companies had formed in June 2016.
October 20, 2016 Flash Report Register for Free Access Carrefour (ENXTPA: CA) 3Q16 Results: Sales Lifted by Strong Performance in Latin AmericaCarrefour reported net sales of €21.8 billion in 3Q16, up 3.6% from 3Q15, at constant currency excluding fuel, and beating the consensus estimate of €21.5 billion.
October 18, 2016 Event Presentation Premium Do or Die – Retail Imperatives for Globalization Personalization and Localization• US food prices have fallen, impacting revenues in all grocery channels. • Declining US exports have pushed down domestic prices of fresh-food categories such as beef and poultry, while a surplus has depressed dairy prices.