Company Earnings Update | April 4, 2019 Register for Free Access Hudson’s Bay Company (TSX: HBC) 4Q18 Results: Revenues Down, Group Comps Down, Return to Cash Flow PositiveHBC reported 4Q18 revenues of C$2.9B, down 5.5% YoY and below the consensus estimate of C$3.18B. The company returned to a positive cash flow position and is working on financial discipline. Read More
Event Coverage | April 1, 2019 Register for Free Access Foot Locker Investor Day 2019: Investing in Youth Culture Through Physical and Digital Experiences; 200 Power Stores by 2023On March 28, 2019, Foot Locker hosted its investor day. The company focused on its customer-connected strategic framework, strategic initiatives, international expansion plan, Power Store portfolio optimization and five-year financial outlook. Read More
Company Earnings Update | March 28, 2019 Register for Free Access Lululemon (NASDAQ: LULU) 4Q18 Results: Revenues up 26%, Opening 40-50 Stores in 2019 – Half in International MarketsLululemon reported 4Q18 revenues of $1.17B, up 26% YoY and beating the consensus estimate of $1.15B. The company reported 4Q19 EPS of $1.65, up 87.5% from the year-ago period. The company plans to open 40-50 stores in 2019. Read More
Market Outlook | February 22, 2019 Premium The US Adaptive Clothing and Footwear Market Represents a $47.3 Billion Largely Untapped OpportunityCoresight Research estimates the potential global adaptive apparel market will reach $288.7 billion in 2019 and grow to $349.9 billion in 2023. More brands and retailers are launching adaptive collections but the adaptive clothing and footwear market remains underserved. Read More
Market Outlook | February 18, 2019 Premium Sector Overview: US Department Stores — Off-Price Formats and Marketplaces are Winning (and Millennials are Shopping Department Stores)U.S. department store sales will shrink 5.8% per year to 2023. In response department stores are expanding off-price, pairing with unique partners and seeking to right-size. Read More
Market Outlook | February 14, 2019 Premium Sector Overview: Beauty Brands and Retailers — Global Companies are Innovating with Independent Brands to Expand PortfoliosThe $464 billion global beauty industry is seeing independent brands, diversification of traditional retailers, growth in men and children and new channels such as popups, medical retailers and pharmacies. Consumers are looking for “clean beauty” and dermocosmetics. Read More
Market Outlook | February 1, 2019 Premium Sector Overview: US Apparel Specialty Retailers — Collaborations Are the New NormalIn 2018, U.S. apparel and footwear specialty retailers’ sales totaled $197 billion, according to Euromonitor International, and its analysts forecast sector sales will grow at a CAGR of 3.3% to 2023, reaching $232 billion. Relative to the recent past, 2018’s results were strong. Sportswear and athleisure are driving specialty apparel and footwear sales. We see areas of opportunity in the lingerie and plus-size categories. We expect specialty retailers to continue exploring collaborations, partnerships and global expansion – particularly into China and India. Read More
Company Earnings Update | November 19, 2018 Register for Free Access NORDSTROM (JWN) 3Q18 Results: Company Misses Expectations and Raises GuidanceNordstrom reported 3Q18 revenues of $3.65 billion, up 3.0% year over year and below the consensus estimate of $3.7 billion.Diluted EPS was $0.67,flat compared to the year-ago quarter and $0.01 above the consensus estimate of $0.66. Read More
Insight Report | May 18, 2018 Premium April 2018 US Same-Store SalesSame-store sales for Costco saw an acceleration in April versus the same period last year. Cato and Buckle continued to report negative comps for the month. Costco and L Brands beat estimates. Read More
Insight Report | April 26, 2018 Premium Nordstrom Opens a Men’s Store in NYC, Offering Premium ServicesOn April 12, Nordstrom opened its first department store in New York City, a Men’s Store on West 57th Street in Manhattan. Read More
Insight Report | April 18, 2018 Premium March 2018 US Retail SalesTotal retail sales increased by 0.6% month over month in March on a seasonally adjusted basis, according to the US Census Bureau. Read More
Insight Report | April 17, 2018 Premium March 2018 US Same-Store SalesSame-store sales for the group improved in March, and Costco, Cato and L Brands all reported positive comps for the month. Costco and L Brands beat comp estimates. Read More
Company Earnings Update | August 11, 2017 Register for Free Access Nordstrom (JWN) 2Q17 Results: Mixed Results, Company Raises GuidanceNordstrom reported 2Q17 adjusted EPS of $0.65, beating the consensus estimate of $0.64. Revenues increased by 3.5%, to $3.72 billion from $3.59 billion in the year-ago period, but missed the consensus estimate of $3.75 billion. Read More
Company Earnings Update | November 11, 2016 Register for Free Access Nordstrom (JWN) 3Q16 Results: Results Exceed Expectations in 3QNordstrom reported adjusted 3Q16 EPS of $0.84, ahead of the $0.52 consensus estimate, but down 52.5% year over year. Revenues were $3.54 billion, up 7.2% year over year and above the consensus estimate. Read More
