February 18, 2019 Market Navigators/Market Outlook 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.
February 14, 2019 Market Navigators/Market Outlook 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.
February 1, 2019 Market Navigators/Market Outlook 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.
November 19, 2018 Company Earnings Update 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.
May 18, 2018 Insight Report 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.
April 26, 2018 Insight Report 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.
April 18, 2018 Insight Report 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.
April 17, 2018 Insight Report 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.
August 11, 2017 Company Earnings Update 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.
November 11, 2016 Company Earnings Update 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.
