Company Earnings Update | April 17, 2019 Register for Free Access IBM (NYSE: IBM) 1Q19 Results: Mixed Results, Revenues Down for Third Consecutive Quarter, Reiterates GuidanceIBM reported down year-over-year revenues for the third quarter in a row but beat consensus EPS estimates and reiterated its annual guidance. Read More
Flash Report | April 12, 2019 Register for Free Access Walmart to Acquire Technology and Assets of Silicon Valley Adtech Startup Polymorph LabsOn April 11, 2019, Walmart announced plans to acquire the assets and technology of Silicon Valley-based advertising-technology startup Polymorph Labs for an undisclosed amount. Read More
Insight Report | April 9, 2019 Premium 2019 Tax Tracker Week 9: Filings Still Down with Two Weeks to Go Until April 15US income tax refund tracker: Filings are still down year over year, and average refund amounts are down slightly with two weeks to go until tax day. Read More
Insight Report | April 2, 2019 Premium 2019 Tax Tracker Week 8: Filings Still Down Versus Last Year with Three Weeks to GoAs of March 22, the IRS had received 84.1 million tax returns, down 1.9% year over year. Read More
Deep Dive | April 1, 2019 Premium US Retailers Becoming More Relevant Through Acquisitions: Mass Merchandisers vs. AmazonM&A activity has risen in the US retail sector over the past 10 years, in terms of deal value and number of deals, and the same trend applies within the mass-merchandiser sector. Read More
Company Earnings Update | March 29, 2019 Register for Free Access RH (NYSE: RH) 4Q18 Results: Beats on Comps and EPS but Misses on Revenues; Reduces 2019 Guidance to Below Consensus EstimatesRH reported 4Q18 results that beat on comps and EPS but missed on revenues. The company reduced 2019 revenue growth guidance due to weakness in its core business plus in the high-end housing market. Read More
Analyst Corner | March 29, 2019 Register for Free Access WEINSWIG’S WEEKLY MARCH 29, 2019This week’s note “From the Desk of Deborah Weinswig” discusses how strong demand for value fashion, e-commerce pure plays and sportswear brands is pressuring Europe’s middleground apparel retailers. Read More
Company Earnings Update | March 28, 2019 Register for Free Access Five Below (NASDAQ: FIVE) 4Q18 Results: Beats Consensus Estimates but Light 2019 GuidanceFive Below reported 4Q18 revenues, comps and EPS that beat consensus estimates. 2019 revenue and EPS guidance is below consensus, with EPS hurt by $0.10 from a rule change for lease accounting. Read More
Company Earnings Update | March 27, 2019 Register for Free Access Ollie’s Bargain Outlet (NASDAQ: OLLI) 4Q18 Results: Beats by a Penny but Misses on Revenues and Comps, Light 2019 GuidanceOllie’s 4Q18 results beat consensus by a penny but missed on revenues on comps. 2019 guidance calls for revenues up 16%–17% and EPS up 15%–18%, but both range fell below consensus estimates. Read More
Market Navigators/Market Outlook | February 21, 2019 Premium Sector Overview: Mass Merchants — Dollar Stores Expand, Mass Merchandisers Digitalize and Costco Widens Its Lead Among Warehouse ClubsAs store closures resume in earnest in 2019, dollar stores are bucking the trend, expanding rapidly. Look for technology to be a deciding factor in the coming years as brick and mortar companies integrate online and offline offerings. Read More
Insight Report | February 13, 2019 Premium US Store Closures 2019 Outlook: No Light at the End of the TunnelStore closure announcements so far in 2019 are up 23% versus this time last year, with potentially many more on the way due to retail bankruptcies continuing at a rapid pace. The number of filings in the first six weeks of 2019 is already at one-third of last year’s total. Read More
Market Navigators/Market Outlook | February 12, 2019 Premium Sector Overview: Retail REITs — An Industry in FluxFor US retail REITs, occupancy rates are improving, vacancies are decreasing and rent asking rates are increasing, but store traffic and other metrics remain negative. REITs are welcoming non-traditional occupants, particularly food. Just 20% of “A” malls generate 72% of all mall sales in the US. Read More
Market Navigators/Market Outlook | February 8, 2019 Premium Sector Overview: US Home and Home Improvement Retailers — Mixed Signals in a Time of BountyAnnual growth in national spending on home improvement and repair is expected to decelerate in 2019, due to rising mortgage interest rates and flat home sales activity, according to the Joint Center for Housing Studies of Harvard University. Despite this deceleration, other indicators such as home prices, permit activity, and retail sales of building materials are expected to continue to strengthen and drive continued increases in spending in 2019. Read More
Analyst Corner | December 21, 2018 Register for Free Access WEINSWIG’S WEEKLY DECEMBER 21, 2018This week’s note “From the Desk of Deborah Weinswig” discusses what US retail sales data and other recent metrics tell us as we enter the holiday homestretch. Read More
Analyst Corner | December 14, 2018 Register for Free Access WEINSWIG’S WEEKLY DECEMBER 14, 2018This week’s note “From the Desk of Deborah Weinswig” discusses how Americans are spending more time viewing content on their smartphones, but also smoking less, signing up for gym memberships and spending more time with pets. Read More
