Weinswig’s Weekly — August 23, 2019
Whats inside
This week’s note “From the Desk of Deborah Weinswig” looks at China’s many shopping holidays – and how Western companies …
Weekly US and UK Store Openings and Closures Tracker 2019, Week 34: Amazon Expands Brick-and-Mortar Model
In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research …
Home Depot (NYSE: HD) 2Q19 Results: Revenues Marginally Below Consensus Estimates While Comps Miss
Home Depot reported 2Q19 EPS of $3.17, up 3.7% and beating the consensus estimate of $3.09. Revenues were $30.8 billion, …
Supply Chain Briefing: Chief Supply Chain Officer Role Emerges to Improve Efficiency and Oversee Supply Chain Operations
The role of CSCO is relatively new, but we’re seeing more companies in retail and apparel hiring CSCOs to oversee …
Nordstrom (NYSE: JWN) 2Q19 Results: Company Misses Expectations Due to Softer Sales, Lowers Sales Guidance
Nordstrom reported 2Q19 revenues of $3.87 billion, down 5.1% year over year and below the consensus estimate of $3.92 billion. …
Target (NYSE: TGT) 2Q19 Results: Beats Consensus Estimates and Raises 2019 EPS Guidance
Target reported 2Q19 revenues of $18.42 billion, up 3.6% and beating the $18.29 billion consensus estimate. Adjusted EPS was $1.82, …
Urban Outfitters (NYSE: URBN) 2Q19 Results: Sales and Comps Below Expectations Due to Softer Women’s Apparel Assortment
Urban Outfitters reported fiscal 2Q19 revenues of $962.3M, lower than the consensus estimate of $980.6M and down 3% year over …
Retail Q2 2019 Recap and Back-to-School Outlook (Planalytics)
This presentation discusses the retail industry in 2Q2019 and provides the outlook for the back-to-school season.
Estée Lauder (NYSE: EL) 4Q19 Results: Asia Pacific Markets Grow Double Digits; Raises Sales and EPS Guidance for Full Year
Estée Lauder reported 4Q19 revenues of $3.6B, up 9% YoY compared to $3.3B in the prior-year period. Adjusted, non-GAAP (EPS) …
The TJX Companies (NYSE: TJX) 2Q19 Results: Revenues Below Expectations; Affirms Full-Year Guidance
TJX Cos. reported fiscal 2Q19 revenues of $9.8 billion, up 4.8% year over year and lower than the consensus estimate …
Kohl’s (NYSE: KSS) 2Q19 Results: Revenues and Comps Down, Introducing Emerging Brands Platform with Facebook
Kohl’s reported 2Q19 revenues of $4.43B, beating consensus of $4.31B, and down 3.1% YoY. The company reported adjusted 2Q19 EPS …
The Future of Payments
This report looks at payment platforms, explores their prospects, and reviews new technologies that could shape the future of the …
Insights from China: The Booming Bubble Tea Market in China
China’s booming bubble tea market has experienced a high CAGR of 20% between 2014 and 2018, according to Qianzhan. Innovations …
Reinventing the US Department Store
From loyalty programs to experiential concepts, we assess how US department stores are transforming themselves to stay relevant.
When Do US Shoppers Prefer to Use Their Smartphones than Ask Store Associates?
QUESTION OF THE WEEK: When Do US Shoppers Prefer to Use Their Smartphones than Ask Store Associates?
Vipshop (NYSE: VIPS) 2Q19 Results: Revenue and EPS Beat Consensus Thanks to Strong Apparel Sales and More Active Customers
Vipshop 2Q19 revenues were up 9.7% to ¥22.7 billion, primarily driven by more active customers and a focus on the …
Alibaba (NYSE: BABA) 1Q20 Results: EPS Beats Estimates, Strong Revenue Growth Driven by China Marketplaces and Cloud Segment
Alibaba 1Q20 revenue of ¥114.9 billion misses consensus, but the company remains confident China’s growing middle class will support growth.
Online Supermarket Joint Venture Dada-JD Daojia Considering $500 Million US IPO in May 2020
Chinese online grocer Dada-JD Daojia is reportedly conducting talks bankers to raise around $500 million in a US IPO in …