Insight Report | March 15, 2018 Premium Amazon Apparel: Who Is Selling What? An Exclusive Analysis of Nearly 1 Million Clothing Listings on Amazon FashionIn this report, we present an analysis of Amazon’s clothing offering based on aggregated data on almost 1 million women’s and men’s clothing products listed on the company’s Amazon Fashion US website. Read More
Company Earnings Update | March 15, 2018 Register for Free Access Adidas (ETR: ADS) FY17 and 4Q17 Results: Another Strong Year, but Profits Dented by US Tax ImpactsAdidas grew FY17 group revenues by 16% at constant currency, but revenues were just shy of analysts’ expectations. Read More
Company Earnings Update | March 14, 2018 Register for Free Access Dick’s Sporting Goods (DKS) 4Q17 Results: EPS Beat Offset by Revenue and Comp Sales MissesDick’s Sporting Goods reported 4Q17 adjusted EPS of $1.22, down 7.6% year over year but above the $1.20 consensus estimate and in line with company guidance. Revenues were $2.66 billion, up 7.3% year over year but below the $2.74 billion consensus estimate. Read More
Company Earnings Update | March 12, 2018 Register for Free Access The Kroger Co. (KR) 4Q17 Results: Solid Quarter, EPS Guidance Below ConsensusKroger reported 4Q17 adjusted EPS of $0.63,up 19.6% year over year and in line with the consensus estimate. Revenues were $31.03 billion, up 12.4% year over year and ahead of the $30.82 billion consensus estimate. Read More
Event Presentation | March 9, 2018 Premium New Retail Inspirations – AIAfter acquiring a number of online apparel companies, Walmart will host a Lord & Taylor storefront on Walmart.com starting in the spring of 2018. • The intent is to create a premium fashion destination on Walmart.com. • Walmart is beginning to build out “elements of discovery and inspiration” within the fashion portion of its website. Read More
Company Earnings Update | March 9, 2018 Register for Free Access Groupe Casino (EPA: CO) FY17 Results: “Good Performances Across all Businesses,” Expects Further Growth in FY18Groupe Casino announced 13.7% growth in EBITDA in FY17, yielding a 40-basis-point increase in the EBITDA margin to 5.1%. Operating income grew by 86%, representing a rise of 90 basis points in the margin to 2.0%. Read More
Company Earnings Update | March 9, 2018 Register for Free Access Burlington Stores (BURL) 4Q17 Results: Solid Quarter, Company Issues Strong GuidanceBurlington Stores reported 4Q17 adjusted EPS of $2.17, up 21.9% year over year and beating the $2.10 consensus estimate. Revenues were $1.94 billion, up 14.9% year over year and beating the $1.88 billion consensus estimate. Read More
Event Coverage | March 9, 2018 Register for Free Access Notes from Target Store Tour and Technology DemosDuring our trip to Minneapolis to attend the 2018 Target Financial Community Meeting this week, the Coresight Research team also took a guided tour of a Target store and viewed a demonstration of technologies that the company is developing. Selected takeaways from the store visit include: Read More
Company Earnings Update | March 9, 2018 Register for Free Access American Eagle Outfitters (AEO) 4Q17 Results: Company Beats Expectations, Issues Solid OutlookAmerican Eagle Outfitters reported 4Q17 revenues of $1.23 billion, up 11.8% year over year and beating the $1.21billion consensus estimate. Read More
Store Tracker | March 9, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 10: Foot Locker to Close 110 Stores, Open 40 this YearYear-to-date 2018, the number of US store closure announcements stands at 2,160 and the number of store openings is 1,588. Year to date in the UK, there have been 76 store closure announcements and 491 store opening announcements. Read More
Company Earnings Update | March 8, 2018 Register for Free Access Takeaways from the 2018 Target Financial Community MeetingThe Coresight Research team attended the 2018 Target Financial Community Meeting in Minneapolis this week. Selected takeaways from the event follow. Read More
Company Earnings Update | March 7, 2018 Register for Free Access Target (TGT) 4Q17 Results: Beats on Comps, Guidance Roughly in LineTarget reported 4Q17 adjusted EPS of $1.37, down 5.5% from the year-ago quarter and in line with both the consensus estimate and guidance of $1.30–$1.40. Revenues were $22.77 billion, up 10% year over year and ahead of the $20.53 billion consensus estimate. Read More
Company Earnings Update | March 7, 2018 Register for Free Access Urban Outfitters (URBN) Fiscal 4Q18 Results: Company Beats Expectations in Solid QuarterUrban Outfitters reported fiscal 4Q18 revenues of $1.09 billion, up 5.7% year over year and beating the $1.08 billion consensus estimate. Adjusted EPS was $0.69, beating the $0.63 consensus estimate and up from $0.57 in the year-ago quarter. Read More
Insight Report | March 6, 2018 Premium Kohl’s and Aldi: A Win-Win for an Overspaced Department Store and a High-Growth Grocery ChainKohl’s will be carving out space from 5–10 of its stores and leasing that space to grocery discounter Aldi. Read More
Company Earnings Update | March 6, 2018 Register for Free Access Ascena (ASNA) Fiscal 2Q18 Results: Mixed Quarter, Guides for EPS Below ExpectationsAscena Retail Group reported fiscal 2Q18 revenues of $1.72 billion, down 1.7% from the year-ago quarter but beating the $1.65 billion consensus estimate. Adjusted EPS was $(0.12), down from $(0.07) in the year-ago quarter and missing the consensus estimate of $(0.09). Read More
