Company Earnings Update | May 18, 2017 Register for Free Access Target (TGT) 1Q17 Results: Beats on Revenue and EPS, Guides in LineTarget reported 1Q17 adjusted EPS of $1.21, down 6.1% from $1.29 in the year-ago quarter, but handily beating the $0.91 consensus estimate. Total revenues were $16.0 billion, down 1.1% year over year, but above the $15.65 billion consensus estimate. Read More
Company Earnings Update | May 18, 2017 Register for Free Access L Brands (LB) 1Q17 Results: Beats on EPS Despite Victoria’s Secret’s Sales SlumpL Brands reported 1Q17 adjusted EPS of $0.33, down 44.1% from the year-ago quarter, but above the $0.29 consensus estimate. Total revenues were $2.44 billion versus expectations of $2.46 billion, and were down 6.8% year over year. Read More
Insight Report | May 18, 2017 Premium Ascena Retail (ASNA) Updates Guidance and Cost-Savings Planscena Retail updated guidance in advance of its 3Q17 earnings call and provided an update on its Change for Growth enterprise transformation program. The company cited a highly promotional environment and industrywide headwinds resulting in a reduction of its 3Q sales and earnings outlook. Read More
Deep Dive | May 18, 2017 Premium Deep Dive: Aussies, Get Ready for Amazon!In April 2017, Amazon announced that it will launch a full offering in Australia, although it has not yet specified a launch date. Read More
Company Earnings Update | May 17, 2017 Register for Free Access TJX Companies (TJX) Fiscal 1Q18 Results: Traffic Continues to Drive Comps; 2Q Off to a Solid StartTJX Companies reported fiscal 1Q18 EPS of $0.82 versus the consensus estimate of $0.79. Read More
Company Earnings Update | May 17, 2017 Register for Free Access Home Depot (HD) 1Q17 Results: Company’s Momentum ContinuesHome Depot reported 1Q17 EPS of $1.67, up 16% from the year-ago quarter and beating the $1.61 consensus estimate. Total revenues for 1Q17 were $23.89 billion versus expectations of $23.73 billion, and were up 4.9% year over year. Read More
Deep Dive | May 17, 2017 Premium Deep Dive: The Evolution of Corporate InnovationThe rapid development of new retail technologies across the online, mobile and in-store channels, along with disruption from startups, is dramatically shifting consumers’ expectations and behaviors. Read More
Company Earnings Update | May 17, 2017 Register for Free Access Urban Outfitters (URBN) Fiscal 1Q18 Results: EPS Misses Expectations on Weak CompsUrban Outfitters reported fiscal 1Q18 EPS of $0.10, below the consensus estimate of $0.16. Total revenues were $761.2 million, below the consensus estimate of $769.8 million and down 0.2% from the year-ago quarter. Read More
Deep Dive | May 16, 2017 Premium Deep Dive: WeChat— From Messaging App to Profitable EcosystemWith no apparent competitors in sight, WeChat, the flagship mobile instant-messaging platform and social network of internet services giant Tencent, holds court in China. Coupled with differentiable features, WeChat is on track to continue increasing user engagement and retention. Read More
Company Earnings Update | May 15, 2017 Register for Free Access JCPenney (JCP) 1Q17 Results: March/April Comps Improved After a Tough FebruaryJCPenney reported 1Q17 adjusted EPS of $0.06 versus the consensus estimate of $(0.21). Read More
Event Presentation | May 15, 2017 Premium Latest Trends and Developments in O2O RetailingJD.com plans to open 1 million brick-and-mortar convenience stores through franchising within five years. It invested in Yonghui Superstores, a supermarket chain in China. • This follows JD.com’s announcement to open 10,000 home appliance stores across China. • The stores will use JD.com’s data analytics and logistics system to better target consumers and fulfil orders. • The stores can set up virtual stores on JD.com. Read More
Company Earnings Update | May 13, 2017 Register for Free Access Macy’s (M) 1Q17 Results: Management Reiterates FY17 Guidance, Despite Difficult EnvironmentMacy’s reported 1Q17 adjusted EPS of $0.24 compared with the consensus estimate of $0.36. Read More
Company Earnings Update | May 12, 2017 Register for Free Access Kohl’s (KSS) 1Q17 Results: EPS Beat, Revenue Miss, Guidance UnchangedKohl’s reported 1Q17 adjusted EPS (excluding nonrecurring items) of $0.37, up 23.4% year over year and beating the consensus estimate of $0.29. Revenues were $3.84 billion, down 3.2% year over year and slightly below the $3.91 billion consensus estimate. Read More
Analyst Corner | May 12, 2017 Register for Free Access Weekly Insights May 12, 2017This week’s note “From the Desk of Deborah Weinswig” discusses Amazon’s entry into Australia, previewing an upcoming Deep Dive Read More
Company Earnings Update | May 12, 2017 Register for Free Access DIA (BME: DIA) 1Q17 Results: Strong Performance in Emerging Markets Lifts SalesDIA reported 1Q17 net sales of €2,096.0 million, slightly below the consensus estimate of €2,161.8 million and up by 6.2% as reported (up 2.2% excluding currency effects). Strong performance in emerging markets drove sales. Read More
