September 13, 2019 Company Earnings Update Register for Free Access Hudson’s Bay Company (TSX: HBC) 2Q19 Results: Secures 25% Equity Stake in Le Tote Joint Venture, Cuts Store Portfolio 25%HBC reported 2Q19 revenues of C$1.85 billion, down 0.5% year over year and below consensus. The company reported adjusted 2Q19 EBITDA of C$52 million, down 50.9% from the year-ago period.
September 12, 2019 Event Coverage Register for Free Access L Brands Investor Day, 2019: Revenue Growth Driven by Bath & Body Works; Product Innovation at Victoria’s Secret is #1 PriorityRevenue at L Brands has been driven by growth at Bed Bath & Beyond (BBW). L Brands is targeting PINK at 19-year-old college student-like consumers, a demographic that totals 30 million. PINK brand hopes to grow its “Seamless” workout business to $1 billion by 2022.
September 10, 2019 Event Coverage Register for Free Access Alibaba’s Tmall Hosts Third Annual NYFW China Cool Day: A Fusion of Heritage and InnovationAlibaba hosted its 3rd NYFW China Cool Event. Emerging brands Songta and I-am-chen’s shows were bold while contemporary brands, Peacebird, Threegun and Rizhuo merged traditional with modern designs.
September 6, 2019 Company Earnings Update Register for Free Access American Eagle Outfitters (NYSE: AEO) 2Q19 Results: Mixed Results; Management Hints at Entering Beauty Before Holiday SeasonAEO reported fiscal 2Q19 revenues of $1.04 billion, higher than the consensus estimate of $1.00 billion, and up 7.9% YoY. The company reported adjusted 2Q19 EPS of $0.39, higher than consensus of $0.32.
September 6, 2019 Company Earnings Update Register for Free Access Lululemon (NASDAQ: LULU) 2Q19 Results: Revenue and Comps Up in Strong Quarter; Men’s Outperforms Women’sLululemon’s 2Q19 revenues grew 22.1% year over year to $833 million, beating the consensus estimate of $845.6 million. The company reported 2Q19 EPS of $0.96, up 35.2% from the year-ago period, ahead of the consensus estimate of $0.89.
September 2, 2019 Insight Report Premium Xcel Brands x Coresight Research Monthly Fashion Trend Data Report – August 2019The Monthly Fashion Trend Report highlights the fashion trends that are emerging, growing and maturing- offering insights for designers, planners, retailers, buyers and merchandisers.
September 1, 2019 Company Earnings Update Register for Free Access Ulta (NASDAQ: ULTA) 2Q19 Results: Revenues Up but Below Consensus, Reduces Guidance due to Slowdown in US CosmeticsUlta reported 2Q19 revenues of $1.67B, up 12.0% YoY but below the consensus estimate of $1.68B. The company’s EPS was $2.76, up 12.2% from the year ago period and below consensus of $2.80.
September 1, 2019 Insight Report Premium Xcel Brands x Coresight Research Monthly Fashion Trend Report: Top Trends Include Puff Sleeves and Milkmaid TopsThe Monthly Fashion Trend Report highlights the fashion trends that are emerging, growing and maturing- offering insights for designers, planners, retailers, buyers and merchandisers.
August 30, 2019 Company Earnings Update Register for Free Access Coty (NYSE: COTY) 4Q19 Results: Revenues Down Due to Mass Beauty Weakness, Announces Separation with Direct Sales Brand YouniqueCoty’s fiscal 4Q19 revenues declined 8% to $2.12 billion, meeting the consensus estimate. Adjusted EPS was $0.16, up 14.3%, in line with consensus estimate.
August 28, 2019 Flash Report Register for Free Access Clothing Rental Upstart Le Tote to Acquire Iconic Century-old Brand Lord + Taylor from HBC for $100 MillionApparel rental upstart Le Tote to acquire century-old Lord + Taylor in what could be a growing trend of online disruptors moving into more traditional spaces.
August 27, 2019 Deep Dive Premium Beauty WellnessThe global beauty market is evolving as the definition of beauty comes to be viewed holistically – from the inside out, creating opportunities for new entrants. The new era of beauty includes health, wellness, self-care and edible beauty products.
August 27, 2019 Company Earnings Update Register for Free Access Foot Locker (NYSE: FL) 2Q19 Results: Misses Consensus Estimates, Maintains GuidanceFoot Locker 2Q19 revenues were $1.77 billion, down 0.4% year over year, below the consensus estimate of $1.82 billion. The company reported 2Q19 adjusted EPS of $0.66, down 12% from the year ago period.
August 23, 2019 Company Earnings Update Register for Free Access Dick’s (NYSE: DKS): 2Q19 Results: Revenues Up, Beats Consensus, Replaced Hunt Category with Localized Content in 135 StoresDick’s reported fiscal 2Q19 revenues of $2.26 billion, beating the consensus estimate of $2.21 billion, and up 3.8% year over year.
August 23, 2019 Company Earnings Update 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.
August 22, 2019 Company Earnings Update 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.