April 15, 2016 Flash Report Register for Free Access Carrefour (ENXTPA: CA) 1Q16 Results: Sales (Incl. VAT) Down 4.5%, Hit by Weak Fuel and FXCarrefour reported 1Q16 revenue (including VAT) of €20.1 billion, down 4.5% from €21.0 billion in 1Q15.
April 14, 2016 Event Presentation Premium From Wall Street to Main Street (Global Retailing Conference)• Large customer base + frequency of touchpoints = big opportunity to leverage nonfood offering. • In Europe, Tesco led the way in the 1990s –2000s • Tesco has expanded beyond its grocery base by cross-selling to its banking and mobile telecom customers
April 14, 2016 Flash Report Register for Free Access Unilever (LSE: ULVR) 1Q16 Results: Solid Sales Growth and Share Gains Obscured by Currency HeadwindsUnilever reported 1Q16 revenues of €12.5 billion, down 2.0% year over year and below the consensus estimate of €12.8 billion. The decline was primarily driven by a negative currency impact of 7.1% that more than offset sales growth of 4.7%.
March 15, 2016 Flash Report Register for Free Access Alimentation Couche-Tard (TSE: ATD.B) 3Q16 Results: Organic Growth Plus Acquisitions, New Stores and RebrandingAlimentation Couche-Tard reported fiscal 3Q16 revenues of $9.3 billion, up 2.5% year over year but missing the consensus estimate of $9.9 billion. Comps increased by 0.5% in the US, by 3.4% in Europe and by 0.2% in Canada.
March 14, 2016 Event Presentation Premium Golden Seeds Presentation• Fung Global Retail & Technology advises retailers, real estate developers and tech companies on projects situated at the intersection of retail, tech and/or fashion • Our team offers a robust knowledge bank and significant experience in the retail, fashion and tech fields. We are involved in many areas of the business and believe this allows us to offer a unique perspective by focusing on the future and where the sector is heading
March 10, 2016 Flash Report Register for Free Access Carrefour (EPA: CA) FY15 Results: Southern Europe and Latin America Strengthen ResultsCarrefour reported that net sales increased by 3.0% in FY15, to €76.9 billion, which was below the consensus estimate of €77.6 billion. Recurring operating income increased by 2.4%, to €2.4 billion, just below consensus. Adjusted net income also grew, by 7.1%, to €1.1 billion, slightly below consensus.
March 3, 2016 Company Earnings Update Register for Free Access Kroger KR 4Q2015 Results by FBIC Global Retail Tech Mar. 3 2016Kroger reported 4Q15 revenues of $26.2 billion, up 3.8% year over year and slightly below the consensus estimate of $26.3 billion. EPS was $0.57, beating the consensus estimate by three cents.
March 3, 2016 Company Earnings Update Register for Free Access Ahold (AMS: AH) FY15 Results: Revenue and Earnings Beat ExpectationsAhold reported FY15 diluted EPS of €1.02, an increase of 52.2% year over year and above the consensus estimate of €1.00. The company reported that revenue increased by 16.6%, to €38.2 billion, above consensus of €37.7 billion.
February 24, 2016 Company Earnings Update Register for Free Access Target (TGT) 4Q15 Results: Strong Digital Channel Sales Contributed to Comp GrowthTarget reported 4Q15 revenues of $21.6 billion, down 0.6% from $21.8 billion in the year-ago quarter and in line with consensus estimates. Positive comps were offset by the impact of the sale of the pharmacy business to CVS Health.
February 10, 2016 Company Earnings Update Register for Free Access Whole Foods Market (WFM) 1Q16 Results: Comps Have Decelerated in 2QWhole Foods reported 1Q16 EPS of $0.46 versus the consensus estimate of $0.40.
January 29, 2016 Flash Report Register for Free Access Colgate-Palmolive (CL) Fourth-Quarter FY2015 Results: Solid Organic Growth in a Difficult EnvironmentColgate-Palmolive reported solid 5.0% organic fourth-quarter 2015 revenue growth, led by emerging markets, however sales were a shade below the consensus estimate.
January 22, 2016 Company Earnings Update Register for Free Access Ahold (AH) Beats ExpectationsAhold reported healthy net sales growth of 4.3% in the fourth quarter (excluding fuel, at constant rates adjusted for an extra week) and growth of 3.8% for the fiscal year through December 31, 2015, beating expectations.
November 20, 2015 Insight Report Premium The Ahold-Delhaize Merger: Complementary Businesses with opportunities for growthAhold and Delhaize’s merger is expected to close in mid-2016 creating one of the largest food retailers in the US and a major player in Europe.
November 15, 2015 Event Presentation Premium Disruptors – Physical and Digital– CVS Health: 37% of 2014 capex was on technology and other corporate initiatives – Nordstrom: 35% of 2014 capex; plans to spend $4.3 billion (5% of sales) over next five years – Walmart: 29% of 2014 US capex; spending “$1.2–$1.5 billion in e-commerce websites and mobile commerce applications” – Home Depot: “Tilting investments towards interconnected retail and technology
October 29, 2015 Flash Report Register for Free Access Kroger INVESTOR DAY HighlightsKroger, the nation’s largest operator of traditional supermarkets, held its annual investor day on October 27in New York. The company’s general strategy is to improve the in-store experience and develop a personalized offering through the expansion of its e-commerce capabilities.
