Company Earnings Update | February 20, 2019 Register for Free Access Walmart (NYSE: WMT) Fiscal 4Q19 Earnings: Beats EPS Estimates from Strong Expense ManagementWalmart reported fiscal 4Q19 revenues of $138.8 billion, up 1.9% year over year and in line with the consensus estimate. Total revenues excluding foreign currency effects were $140.5 billion, up 3.1%. Membership and other income was $1.1 billion, down 6.0%. Walmart U.S. e-commerce sales increased 43%, benefiting from strong online grocery sales. U.S. comps increased 4.2%, ahead of the 3.1% consensus estimate. Read More
Insight Report | February 18, 2019 Premium December 2018 US Retail Sales: Year-Over-Year Growth Slows to Just 1.0% as Most Sectors Experience a Sluggish DecemberOur measure of core retail sales is non-seasonally-adjusted sales excluding gasoline and automobiles. This metric increased by just 1.0% year over year in December, slowing dramatically from the growth in preceding months, including a 5.2% uplift in November. This resulted in total holiday-period sales coming in at $693 billion, up by just 2.9% year over year. Read More
Deep Dive | February 6, 2019 Free Report US Retailer Survey: Revealing the Hidden Costs of Poor Inventory ManagementToday’s retail environment is marked by more intense competition and rapid changes in consumer preferences, both of which pressure retailers to make smarter inventory decisions. To minimize unplanned markdowns that impact the bottom line, retailers must ensure that they deliver products consumers want to buy to the locations where they want to buy them. Read More
Deep Dive | January 28, 2019 Free Report 10 Retail Trends for 2019: Get Ready for Retail ReinventionGet ready for better stores and better retailing. We expect 2019 to be a year of reinvention — and not just for the retail sector as a whole, but for physical stores in particular. As we outline over the following pages, we anticipate that the year will be marked by spectacular retail, fast retail and smart retail. Read More
Company Earnings Update | January 18, 2019 Register for Free Access Casino Group (ENXTPA: CO) 4Q18 Update: French Protests Drag on Sales GrowthCasino Group reported that group comparable sales excluding automotive fuel were up 3.6% year over year in 4Q18, versus the 3.3% rate reported for 3Q18 and just shy of the 3.7% consensus estimate recorded by StreetAccount. Total group sales were up 0.2% year over year. Read More
Insight Report | January 15, 2019 Premium US Holiday Comparable Sales Growth Results: A Mixed Picture So FarAs US retailers report comparable sales for the 2018 holiday season, we’re seeing a mixed bag of results. Some retailers such as Costco and Boot Barn did well, reporting strong comparable sales growth and beating consensus estimates. Retailers such as Target, Barnes & Noble and Buckle showed sequential comparable sales growth improvement, but not as strong. Comparable sales at Macy’s and L Brands weakened sequentially. Read More
Company Earnings Update | November 22, 2018 Register for Free Access The TJX Companies (TJX) 3Q19 Results: Strong Comparable Sales, In-Line EPSIn 3Q19, the TJX Companies grew revenue 12.1% year over year to $9.83 billion, beating the consensus estimate of $9.5 billion. Adjusted EPS of $0.54 was inline with consensus. Read More
Company Earnings Update | November 21, 2018 Register for Free Access Ross (ROST) 3Q18 Results: In Line with Expectations; Raises Full-Year EPS GuidanceRoss Stores reported 3Q18 revenues of $3.55 billion, up 6.6% year over year and in line with the consensus estimate. Diluted EPS was $0.91, up 26.9% year over year and $0.01 above the consensus estimate of $0.90. Read More
Company Earnings Update | September 26, 2018 Register for Free Access Ascena (ASNA) Fiscal 4Q18 Results: Results Beat Expectations, Guides Above ConsensusAscena reported adjusted fiscal 4Q18 EPS of $0.07, up 36.0% from a year ago and beating the consensus of $0.02. Adjusted revenues were $1.68 billion, up 1.2% year over year and beating the $1.62 billion consensus estimate. Read More
Company Earnings Update | September 5, 2018 Register for Free Access EXPRESS (EXPR) 2Q18 Results: Beats Estimates and Raises GuidanceExpress reported 2Q18 EPS of $0.03, beating the consensus estimate of breakeven. Revenues were $493.6 million, up by 2.6% year over year and beating the consensus estimate of $483.5 million. Read More
Company Earnings Update | September 5, 2018 Register for Free Access Chico’s (CHS) 2Q18 ResultsChico’s FAS reported 2Q18 EPS of $0.13, beating the consensus estimate by a penny. Revenues were $544.72 million, down by 5.9% year over year and beating the consensus estimate of $541.0 million. Read More
Company Earnings Update | August 31, 2018 Register for Free Access DICK’S Sporting Goods (DKS) Fiscal 2Q19 Results: Beats on EPS, Misses on Comps, Raises EPS GuidanceDICK’S reported fiscal 2Q19 EPS of $1.20, up 24.4% from adjusted EPS of $0.96 a year ago and beating the $1.04 consensus estimate. Revenues were $2.18 billion, up 1.0% year over year but below the $2.24 billion consensus estimate Read More
Company Earnings Update | August 30, 2018 Register for Free Access American Eagle Outfitters (AEO) Fiscal 2Q18 Results: Company Beats Expectations, Raises GuidanceAmerican Eagle Outfitters reported fiscal 2Q18 revenues of $965 million, up 14.2% year over year and beating the $938 million estimate. Adjusted EPS was $0.34, beating the consensus estimate of $0.31 and up significantly from adjusted EPS of $0.19 from the year-ago quarter. Read More
Deep Dive | August 29, 2018 Premium The Cannabis Industry and the New Green Economy Update: Consolidation and Maturity a Threat to Smaller Businesses Despite the Market Growing FastThe fast-growing cannabis industry continues to offer business opportunities, but the first signs of maturity and consolidation are appearing. In this report, we provide an overview of the regulated cannabis market in the US and Canada. Read More
Company Earnings Update | August 27, 2018 Register for Free Access Foot Locker (FL) 2Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 2Q18 adjusted EPS of $0.75, up from $0.62 a year ago and ahead of the $0.70 consensus estimate. Revenues were $1.78 billion, up 4.8% year over year and above the $1.76 billion consensus estimate. Read More
