Company Earnings Update | November 18, 2016 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. Read More
Flash Report | November 2, 2016 Register for Free Access COACH [COH] 1Q17 Results: EPS In-Line, Reports Double-Digit Earnings GrowthCoach reported adjusted 1Q17 EPS of $0.45, in-line with the $0.44 consensus estimate and up 8.9% year over year. Revenues were $1.04 billion, up 0.7% year over year but below the consensus estimate of $1.07 billion. Read More
Flash Report | October 31, 2016 Register for Free Access BAIDU [BIDU] 3Q16 RESULTS: REVENUE DECLINES, BUT EARNINGS BEAT ON COST SAVINGSBaidu reported 3Q16 non-GAAP diluted EPS of US$1.49, ahead of the US$1.08 consensus estimate and up 6.9% year over year. Revenues were US$2.74 billion, down 0.7% year over year and in line with estimates. Read More
Insight Report | September 22, 2016 Premium INDITEX (BME: ITX) 1H17 RESULTS: IMPRESSIVE COMPARABLE SALES AND EPS IN LINEInditex reported 1H17 normalized earnings per share (EPS) of €0.40, an increase of 7.7% over 1H16 and in line with the consensus estimate of €0.40. The company reported revenue increased by 11.1% to €10.47 billion, above the consensus estimate of €10.43 billion. Comparable-store sales in 1H17 increased an impressive 11% year over year, at constant currency. Read More
Company Earnings Update | September 12, 2016 Register for Free Access Kroger (KR) 2Q16 RESULTS: MIXED QUARTER, LOWERS GUIDANCEKroger reported fiscal 2Q16 adjusted earnings per share (EPS) of $0.47 versus $0.44 a year ago and beat consensus by two pennies. Revenues were $26.6 billion, up 4% year over year and slightly below the consensus estimate of $26.8 billion. Read More
Insight Report | September 7, 2016 Premium HBC (HBC.CN) 2Q16 RESULTS: CHALLENGING ENVIRONMENT WEIGHS ON OUTLOOKHudson’s Bay Company (HBC) reported 2Q16 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of C$81million versus consensus of C$50.6 million. Adjusted earnings before interest, taxes, depreciation, amortization and rent costs (EBITDAR) was C$263 million and above expectations of C$256 million. Read More
Flash Report | September 2, 2016 Register for Free Access Ctrip (CTRP) 2Q16 RESULTS: EARNINGS BEAT DUE TO MARKETING COST SAVINGS AND STRONG CHINESE TRAVEL DEMANDCtrip, China’s leading online travel agent, reported in-line 2Q16 revenues of ¥4.41 billion, up 75% year over year. Non-GAAP net profit of ¥0.06 billion beat the consensus estimate of a loss of ¥0.04 billion, but was down 81% year over year due to the consolidation of Qunar. Read More
Insight Report | August 25, 2016 Premium Procter & Gamble (PG) Second-Quarter FY2016 Earnings Review: Beats on EPS, Guidance UnchangedProcter & Gamble (P&G) reported fiscal-second-quarter 2016 net sales of $16.9 billion, down 9% year over year and in line with consensus estimates. The revenue decline was driven by currency, which more than offset organic growth. Read More
Insight Report | August 22, 2016 Premium NetEase (NTES.US) 2Q16 RESULTS: REVENUE AND EARNINGS BEAT; VR/AR DEVELOPMENT TO PROPEL FUTURE GROWTHNetEase, a leading online game service provider in China, reported second-quarter revenues of ¥8.95 billion, up 96% year over year and 6% ahead of the consensus estimate. Non-GAAP earnings per American Depository Share (ADS) was ¥24.41, up 103% year over year and beat the consensus estimate of ¥18.43. Read More
Insight Report | August 22, 2016 Premium Stein Mart (SMRT) 2Q16 Results: Misses on EPS, Lowers SG&A Guidance, New Initiatives for 3Q16Stein Mart reported 2Q16 EPS earnings of $0.06, and missed the consensus estimate of $0.07 by $0.01. Read More
Insight Report | August 19, 2016 Premium Foot Locker (FL) 1Q16 Results: In-Line Quarter, Marking 25th Consecutive Quarter of Revenue and Profit GrowthFoot Locker reported 2Q16 revenues of $1.78 billion, up 5.0% from the year-ago quarter and above the consensus estimate of $1.76 billion. Reported EPS were $0.94, up 11.9% year over year and exceeded expectations of $0.94. Both sales and earnings results were better than expected. Read More
Insight Report | August 18, 2016 Premium Lowe’s (LOW) 2Q 2016 RESULTS: EARNINGS MISS, FULL YEAR GUIDANCE CUTLowe’s reported EPS was $1.31 for 2Q 2016, up 9.2% but below the consensus of $1.42. Revenues were $18.3 billion, up 5.3% year over year and below the consensus. The foreign currency hedge in advance of the RONA acquisition decreased pre-tax earnings by $84 million and EPS by $0.06. Read More
Insight Report | August 18, 2016 Premium Tencent (0700.HK) 2Q 2016 RESULTS: EARNINGS BEAT, DRIVEN BY OUTPERFORMANCE IN MOBILE GAMESTencent reported 2Q 2016 revenues of ¥35.7 billion, up 52.3% year over year and 6% ahead of the consensus estimate. Non-GAAP diluted EPS was ¥1.16, up 41% year over year and beat the consensus estimate of ¥1.10. Read More
Event Presentation | August 11, 2016 Premium 3Q2016 Recap and Back-to-School Outlook (Planalytics)2016 Back2School Outlook 1. Overview – Retail Sales Looking Brighter for Back-to-School 2. 2Q Update – Earnings Scorecards; Consumer Discretionary Leads Growth 3. July Same-Stores Sales Somewhat Mixed 4. Back-to-School Drives July Traffic to Best Month of Calendar Year and Much More Read More
Flash Report | August 1, 2016 Register for Free Access Baidu (BIDU) 2Q16 Results: Earnings and Margins Decline Due to Headwinds from Online Advertising RegulationsBaidu’s gross merchandise value totaled ¥18.0 billion (US$2.7 billion) for 2Q16, an increase of 166% year over year. Total revenues rose by 10.2% year over year. Adjusted EBITDA declined by 19.1% year over year, excluding an exchange of Qunar shares with Ctrip. Read More
