Company Earnings Update | August 23, 2019 Register for Free Access Gap Inc. (NYSE: GPS) 2Q19 Results: Sales Miss, Reiterates Adjusted EPS and Comps GuidanceGap reported fiscal 2Q19 revenues of $4.0 billion, down 2.0% year over year, slightly missing the consensus estimate. Adjusted earnings per share (EPS) were $0.63, down 17.1% from the year-ago period, but ahead of the consensus estimate of $0.53. Read More
Company Earnings Update | August 22, 2019 Register for Free Access L Brands (NYSE: LB) 2Q19: Victoria’s Secret Still a Drag on Earnings but Early Read on Swim is PositiveL Brands 2Q19 revenues were $2.90 billion, down 2.8% year over year and lower than the consensus estimate of $2.95 billion. Comparable sales were down 1% compared to a 3% increase last year and below the consensus estimate of a 0.2% rise. Read More
Company Earnings Update | August 22, 2019 Register for Free Access Nordstrom (NYSE: JWN) 2Q19 Results: Company Misses Expectations Due to Softer Sales, Lowers Sales GuidanceNordstrom reported 2Q19 revenues of $3.87 billion, down 5.1% year over year and below the consensus estimate of $3.92 billion. The company’s earnings per share (EPS) declined 5.3% year over year. Read More
Company Earnings Update | August 21, 2019 Register for Free Access The TJX Companies (NYSE: TJX) 2Q19 Results: Revenues Below Expectations; Affirms Full-Year GuidanceTJX Cos. reported fiscal 2Q19 revenues of $9.8 billion, up 4.8% year over year and lower than the consensus estimate of $9.9 billion. Earnings per share (EPS) grew 6.9% year over year to $0.62. Read More
Company Earnings Update | August 9, 2019 Register for Free Access CVS Health (NYSE: CVS) 2Q19 Results: Narrows Profit and Earnings Outlook on Aetna StrengthCVS reported revenue growth of 35.2% year over year to $63.4 billion, above the $62.6 billion consensus estimate as recorded by FactSet StreetAccount, in the second quarter ended June 30. Read More
Company Earnings Update | August 2, 2019 Register for Free Access Unibail-Rodamco-Westfield (AMS: URW) 1H19 Results: Solid Performance Despite Challenging Retail EnvironmentUnibail-Rodamco-Westfield (URW) reported 1H19 net rental income (NRI) of €1.25 billion, up 35.9% year over year. Adjusted recurring earnings per stapled share (AREPS) were €6.45, down 1.9%. EPRA net asset value (NAV) per stapled share was €216.10, down 2.6%. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Intel (NASDAQ: INTC) 2Q19 Results: Misses on Revenues but Raises Annual Guidance, Plans to Sell 5G Modem BusinessIntel’s 2Q19 earnings report missed on revenues, but EPS was in line. The company raised its annual guidance and is selling its 5G smartphone modem business to Apple for $1 billion. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Kering (ENXTPA: KER) 1H19 Results: Double-Digit Sales and Earnings Gains Driven by GucciGucci and Saint Laurent drive solid Double Digit Sales and Earnings Gains Read More
Company Earnings Update | July 25, 2019 Register for Free Access VF Corp (NYSE: VFC) 1Q20 Results: Revenue and EPS Growth Boosts Guidance for FY20VF corp reported its 1Q20 earnings with both revenue and EPS ahead of consensus, raising guidance for FY20. Read More
Company Earnings Update | July 17, 2019 Register for Free Access IBM (NYSE: IBM) 2Q19 Earnings: Beats Consensus, Revenues Down for Fourth Consecutive Quarter, Will Update Guidance August 2IBM’s 2Q19 met or beat consensus estimates, however revenues were down for the fifth consecutive quarter. The company plans to update guidance for the Red Hat acquisition on August 2. Read More
Company Earnings Update | June 25, 2019 Register for Free Access 1Q19 US Earnings-Season Wrap-UpThis report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms. Read More
Company Earnings Update | June 20, 2019 Register for Free Access Oracle (NYSE: ORCL) 4Q19 Results: Exits the Year on a High Note, Strong Fusion Growth, Solid Full-Year GuidanceOracle reported fiscal 4Q19 results that beat consensus estimates and possesses several growth drivers to grow earnings faster than revenues in fiscal 2020. Read More
Company Earnings Update | June 13, 2019 Register for Free Access Inditex (BME: ITX) 1Q19 Results: Mixed Results, Expands into New Markets Online and In-StoreInditex reported 1Q19 revenues of €5.93 billion, lower than the consensus estimate of €6.09 billion and up 4.8% from the year-ago period. The company reported earnings per share (EPS) of €0.24, up 10.3% from the year-ago period of €0.21, and even with the consensus estimate. Read More
Company Earnings Update | May 31, 2019 Register for Free Access Burlington Stores (NYSE: BURL) 1Q19 Results: Mixed Results, Lowers Guidance, Home and Beauty Categories Present the Largest Growth OpportunitiesBurlington Stores reported fiscal 1Q19 revenues of $1.63 billion, up 7.3% year over year and beating the consensus estimate of $1.62 billion. The company’s earnings per share (EPS) were $1.26, even with the year ago period and above the consensus estimate of $1.25. Read More
Company Earnings Update | May 2, 2019 Register for Free Access Simon Property Group (NYSE: SPG) 1Q19 Results: Beats Consensus on Revenues and FFO, Reiterates 2019 GuidanceSimon Property Group’s 1Q19 results beat consensus estimates and the company reiterated its 2019 earnings guidance. Read More