Company Earnings Update | June 28, 2019 Register for Free Access H&M (STO: HM-B) 2Q19 Results: Gains Market Share, Cuts Markdowns, Points to Long-Term Benefits of TransformationH&M confirmed its 2Q19 sales came in ahead of estimates and reported EPS of SEK 2.76, down 1.4% year over year and missing the consensus of SEK 2.81. Read More
Company Earnings Update | June 28, 2019 Register for Free Access Nike (NYSE: NKE) 4Q19 Results: Strong Performance in Direct and Wholesale, Brand Gains Global Market ShareNike 4Q19 revenues rose 10% at constant exchange rates, driven by growth across Nike Direct and wholesale. Read More
Flash Report | June 27, 2019 Register for Free Access Alibaba’s Tmall Global Launches Its First English-Language WebsiteAlibaba’s Tmall Global, China’s largest business-to-consumer (B2C) cross-border online marketplace, launched its first English-language website on June 26 Read More
Flash Report | June 26, 2019 Register for Free Access Amazon Announces a 48-Hour Prime Day for 2019Amazon has announced the timing of its annual Prime Day, which this year will be a two-day shopping festival starting July 15, just after midnight Pacific Time. Read More
Event Presentation | June 25, 2019 Premium The Rise of AI-Powered Retail (RetailX)This presentation discusses the use of AI in retail,its applications and use by Alibaba. Read More
Company Earnings Update | June 21, 2019 Register for Free Access Kroger (NYSE: KR) 1Q19 Results: Comp Growth Slows, Management Guides for an UptickFor 1Q19, Kroger reported same-store sales growth ex fuel of 1.5%, below the consensus estimate of 1.7% and slowing from 1.9% in the prior quarter. Read More
Company Earnings Update | June 18, 2019 Register for Free Access H&M (OMX: HM-B) 2Q19 Update: Sales Beat Estimates; Transformation Work Intensifies Read More
Flash Report | June 18, 2019 Register for Free Access Walmart Offers Competitive $98/Year Grocery “Delivery Unlimited” ServiceWalmart is testing “Delivery Unlimited,” a new unlimited grocery delivery subscription service in three US cities: Miami, Salt Lake City and Tampa, offering a year of unlimited free delivery for a flat fee of $12.95 per month or $98 annually. Read More
Flash Report | June 17, 2019 Register for Free Access Alibaba and JD.com Eyeing the Russian MarketChinese e-commerce companies Alibaba and JD.com have both recently formed partnerships with Russian companies in the e-commerce space. Read More
Flash Report | June 17, 2019 Register for Free Access Alibaba Files for Second Listing in Hong KongAlibaba has filed for a Hong Kong listing, potentially Hong Kong’s biggest offering since 2010. The listing could raise up to $20 billion. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Hudson’s Bay Company (TSX: HBC) 1Q19: Mixed Results, Focus on North America and Strategy at Saks OFF 5THHBC reported 1Q19 revenues of C$2.12 billion, down 3.3% YoY and above the consensus estimate of C$2.00 billion. The company reported adjusted 1Q19 EPS of C$1.15, up from the year-ago period. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Lululemon (NASDAQ: LULU) 1Q19 Results: Company Beats Expectations, Raises Guidance and Expands BOPIS OfferingLululemon’s 1Q19 revenues grew 20.4% year over year to $782.3 million, beating the StreetAccount estimate of $756.1 million. The company reported 1Q19 EPS of $0.74, up 34.5% from the year-ago period, ahead of the consensus estimate of $0.70. Read More
Company Earnings Update | June 14, 2019 Register for Free Access RH (NYSE: RH) 1Q19 Results: Strong Revenues Inspire Raised GuidanceRH reported 1Q19 revenues of $598.4 million, 7.4% growth year over year and beating the $583.7 million consensus estimate. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Tesco (LSE: TSCO) 1Q20 Trading Update: UK Comps Decelerate, Central Europe Sales Continue to SlideTesco reported a 1Q20 trading update for the 13 weeks ended May 25, 2019, with group comparable sales missing the consensus estimate. UK and Ireland comparable sales grew 0.8% year over year, excluding fuel and VAT, slower than the 1.9% growth in the previous quarter and in-line with the consensus estimate. Read More
Company Earnings Update | June 13, 2019 Register for Free Access Inditex (BME: ITX) 1Q19 Results: Mixed Results, Expands into New Markets Online and In-StoreInditex reported 1Q19 revenues of €5.93 billion, lower than the consensus estimate of €6.09 billion and up 4.8% from the year-ago period. The company reported earnings per share (EPS) of €0.24, up 10.3% from the year-ago period of €0.21, and even with the consensus estimate. Read More