Company Earnings Update | March 5, 2018 Register for Free Access Nordstrom (JWN) 4Q17 Results: Light Quarter, Company Issues Mixed GuidanceNordstrom reported 4Q17 revenues of $4.70 billion, up 9.3% year over year and slightly above the $4.62 billion consensus estimate. Read More
Company Earnings Update | March 5, 2018 Register for Free Access JCPenney (JCP) 4Q17 Results: Mixed Quarter, Company Guides in Line with ConsensusJCPenney reported 4Q17 revenues of $4.03 billion, up 1.8% year over year but below the $4.05 billion consensus estimate. Adjusted EPS was $0.57, beating the $0.47 consensus estimate and down from $0.64 in the year-ago quarter. Read More
Company Earnings Update | March 5, 2018 Register for Free Access Foot Locker (FL) 4Q17 Results: Misses on Comps, Guides for Flat–Low-Single-Digit Comps in 2018Foot Locker reported 4Q17 adjusted EPS of $1.26, below the $1.37 year-ago figure and above the $1.25 consensus estimate. Revenues were $2.21 billion, up 4.6% year over year and slightly below the $2.22 billion consensus estimate. Read More
Event Coverage | March 2, 2018 Register for Free Access Top Takeaways from the TrendSeeder Innovation Series: New Retail Formats PanelThis week, the Coresight Research team attended a TrendSeeder Innovation Series panel called “New Retail Formats, ”which was co-hosted by 24 Seven, TrendSeeder and Davis & Gilbert in New York City. TrendSeeder CEO Avani Patel moderated the panel discussion among industry experts that covered themes such as retail technology, showrooming and improving the customer experience. Here, we share our top takeaways from the event. Read More
Company Earnings Update | March 2, 2018 Register for Free Access Lowe’s (LOW) 4Q17 Results: Misses and Guides Below Consensus on EPSLowe’s reported 4Q17 adjusted EPS of $0.74, below the $0.86 year-ago figure and missing the $0.87 consensus estimate. Net sales were $15.49 billion, down 1.8% year over year but above the $15.35 billion consensus estimate. Read More
Company Earnings Update | March 2, 2018 Register for Free Access KOHL’S (KSS) 4Q17 Results: Beats on EPS and Revenue, Guides Up for FY18Kohl’s reported 4Q17 revenues of $6.78 billion, up 9.2% year over year and above the $6.74 billion consensus estimate. Adjusted EPS was $1.99, beating the $1.77 consensus estimate and up from $1.44 in the year-ago quarter. Read More
Company Earnings Update | March 2, 2018 Register for Free Access Zalando (XTRA: ZAL) FY17 Results: Price Pressures and Higher Fulfillment Costs Weigh on MarginsIn FY17, Zalando grew revenues by 23.4%, toward the upper end of the guided range. It grew gross merchandise volumes (GMV) by 26.5%. Read More
Store Tracker | March 2, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 9: Charlotte Olympia Files for Bankruptcy, Closing All StoresYear-to-date 2018, the number of US store closure announcements stands at 2,050 and the number of store openings is 1,548. Read More
Company Earnings Update | March 1, 2018 Register for Free Access TJX Companies (TJX) Fiscal 4Q18 Results: Comps Beat Estimate, Company Guides Up for FY19TJX Companies reported fiscal 4Q18 revenues of $10.96 billion, up 15.8% year over year and above the $10.76 billion consensus estimate. Adjusted EPS was $1.19, below the $1.27 consensus estimate and up from $1.03 in the year-ago quarter. Read More
Company Earnings Update | March 1, 2018 Register for Free Access Carrefour (ENXTPA: CA) FY17 Results: Profits Fall amid Tough Conditions and €1 Billion ChargeCarrefour announced a 14.7% fall in recurring operating income in FY17, yielding a decline in operating margin from 3.1% in FY16 to 2.5% in FY17. Read More
Flash Report | February 28, 2018 Register for Free Access Amazon Offers 5% Back for Amazon Prime Rewards Visa Card Users at Whole FoodsOn February 20, Amazon and Whole Foods Market announced that Amazon Prime Rewards Visa cardmembers would earn 5% back on Whole Foods Market purchases. Read More
Company Earnings Update | February 28, 2018 Register for Free Access Macy’s (M) 4Q17 Results: Beats on EPS and Comps, Optimistic Outlook for 2018Macy’s reported 4Q17 revenues of $8.67 billion, up 1.8% and roughly in line with the consensus estimate. Adjusted EPS was $2.82, beating the $2.67 consensus estimate and up from $2.02 in the year-ago quarter. Read More
Company Earnings Update | February 26, 2018 Register for Free Access Wayfair (W) 4Q17 Results: Mixed Quarter, Company Guides Down on ProfitabilityWayfair reported 4Q17 adjusted EPS of $(0.58), below the $(0.34) year-ago figure and missing the $(0.53) consensus estimate. Net revenue was $1.44 billion, up 46.2% year over year and ahead of the consensus estimate of $1.36 billion. Read More
Deep Dive | February 26, 2018 Premium Deep Dive: Chinese Apparel Shoppers – Online Vs. Offline Preferences and Drivers of Customer SatisfactionAlthough e-commerce is the preferred channel for purchasing apparel in China, brick-and-mortar is still very relevant. Our proprietary consumer survey shows that the vast majority of Chinese consumers (96%) purchase apparel both online and offline. Read More
Store Tracker | February 22, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 8: Warby Parker to Open 36 Stores Across the USYear-to-date 2018, the number of US store closure announcements stands at 1,790 and the number of store openings is 1,546. Read More
