Company Earnings Update | June 1, 2018 Register for Free Access Dollar General (DG) Fiscal 1Q18 Results: Misses on EPS and Comps, Reaffirms FY18 GuidanceDollar General reported 1Q18 EPS of $1.36, up from $1.02 in the year-ago period, but below the $1.40 consensus estimate. Revenues were $6.11 billion, up 9.0% year over year and below the $6.18 billion consensus estimate. Read More
Company Earnings Update | June 1, 2018 Register for Free Access American Eagle Outfitters (AEO) 1Q18 Results: Beats Estimates, Reports Solid Comps Across Brands and ChannelsAmerican Eagle Outfitters reported 1Q18 revenues of $823 million, up 8.0% year over year and beating the $811 million consensus estimate. Adjusted EPS was $0.23, above the $0.22 consensus estimate and up 43.8% from the year-ago quarter. Read More
Flash Report | May 31, 2018 Register for Free Access LVMH Continues Digital Push, Invests in Fashion Search Platform LystLVMH has led an investment in global fashion search platform Lyst. Read More
Company Earnings Update | May 31, 2018 Register for Free Access Michael Kors (KORS) 4Q18 and FY18 Results: Double-Digit Growth in Revenues and Expense Cuts Yield Recovery in ProfitsIn 4Q18, Michael Kors reported a 10.8% jump in revenues, a 14.5% uplift in gross profit and a 6.0% decline in operating expenses. Read More
Company Earnings Update | May 30, 2018 Register for Free Access Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate. Read More
Company Earnings Update | May 30, 2018 Register for Free Access Foot Locker (FL) 1Q18 Results: Beats on EPS, Misses on CompsFoot Locker reported 1Q18 adjusted EPS of $1.45, up 6.8% from $1.36 a year ago and beating the $1.25 consensus estimate. Revenues were $2.03 billion, up 1.2% year over year and above the $1.96 billion consensus estimate. Read More
Flash Report | May 25, 2018 Register for Free Access Macy’s Appoints Paula Price as CFOOn May 23, Macy’s announced the appointment of Paula A. Price as Chief Financial Officer, effective July 9. Read More
Company Earnings Update | May 24, 2018 Register for Free Access Target Corp. (TGT) 1Q18 Results: Misses EPS Guidance, Beats on Comps, Reiterates GuidanceTarget reported 1Q18 adjusted EPS of $1.32, below the consensus estimate of $1.39. Revenues were $16.78 billion, up by 3.4% year over year, and roughly in line with the consensus estimate of $16.58 billion. Read More
Company Earnings Update | May 24, 2018 Register for Free Access Marks & Spencer (LSE: MKS) FY18 Results: Exceptional Costs Hit Profits; Only on “Mile Three or Four of a Marathon”Marks & Spencer (M&S) reported a 38% fall in operating profit and a 62% slump in pretax profit in FY18. The declines were largely due to costs related to store closures. Read More
Company Earnings Update | May 24, 2018 Register for Free Access LOWE’S (LOW) 1Q18 Results: Misses Consensus but Raises Annual Revenue Growth GuidanceLowe’s reported 1Q18 adjusted EPS of $1.19, up by 15.5% year over year, but missing the consensus estimate by two cents. Net sales were $17.36 billion, up by 3.0% year over year, but below the $17.46 billion consensus estimate. Read More
Event Coverage | May 23, 2018 Register for Free Access What We’re Hearing at ICSC RECon 2018: 10 Takeaways on Retail Real EstateThe Coresight Research team is attending the ICSC RECon convention, which is taking place in Las Vegas May 20–23. Here, we feature some takeaways from our conversations with the retail real estate executives in attendance. Read More
Company Earnings Update | May 23, 2018 Register for Free Access Urban Outfitters (URBN) Fiscal 1Q19 Results: Beats on EPS, Revenue and CompsUrban Outfitters reported fiscal 1Q19 EPS of $0.38, up from $0.10 in the year-ago quarter and above the $0.31 consensus estimate. Total revenues were $855.7 million, up 12.4% year over year and above the $838.4 million consensus estimate. Read More
Company Earnings Update | May 23, 2018 Register for Free Access TJX (TJX) Fiscal 1Q19 Results: Misses on EPS, but Raises FY19 GuidanceThe TJX Companies reported fiscal 1Q19 adjusted EPS of $0.96, below the consensus estimate of $1.02. Revenues were $8.69 billion, up 11.6% year over year and beating the consensus estimate of $8.47 billion. Read More
Company Earnings Update | May 23, 2018 Register for Free Access KOHL’S (KSS) 1Q18 Results: Progress in Operations Boosts Earnings and ProfitabilityIn 1Q18, Kohl’s reported total revenues of $4.21 billion, up 3.5% year over year. Adjusted EPS was $0.64, beating the $0.50 consensus estimate and up from $0.39 in the year-ago quarter. Comp sales were up 3.6% from the year-ago quarter. Read More
Flash Report | May 23, 2018 Register for Free Access JCPenney Chairman and CEO Marvin R. Ellison to Leave for Lowe’sJCPenney’s Chairman and CEO Marvin R. Ellison has been appointed President and CEO of Lowe’s, effective July 2. Read More