To date, 192 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 96% of the index. Of those companies that have reported their quarterly results, 66% announced that profits beat analysts’ expectations, while 4% delivered on-target results and 30% reported earnings that fell below estimates. The Q4 2022 blended earnings growth estimate now stands at -21.5%. The blended revenue growth estimate for the 192 companies that have reported is 5.8% for Q4 2022. Of those companies that have reported their quarterly results so far, 65% announced revenue that exceeded analysts’ expectations and

Due to inflation, several retailers are already dealing with higher cost of goods and services (COGS) – and dealing with the supply chain crisis. They just finished reporting Q3 earnings; 141 retailers have already discussed inflation worries, and 192 have mentioned the supply issues during their earnings calls. Consumers’ short-term inflation expectations rose again, with the median cost of living increase for next year pushing up from 5.7% to 6.0%. This increase is twice the pace of expectations for income growth, which slid to 2.8% from 3.0%, according to the New York Federal Reserve. As a result, the latest Ipsos

All 208 companies in the Refinitiv Retail/Restaurant Index have reported Q3 2019 EPS. Of these companies, 68% have reported earnings above analyst expectations, 6% reported earnings in line with analyst expectations and 26% reported earnings below analyst expectations. The Q3 2019 blended earnings growth estimate is 4.0%. The Q3 2019 blended revenue growth estimate is 5.7%. Fifty five percent have reported revenue above analyst expectations and 45% reported revenue below analyst expectations. Exhibit 1: Refinitiv Earnings Dashboard Source: I/B/E/S data from Refinitiv Retail Sales and Earnings The U.S. government reported November retail sales that were a little below expectations. A

The U.S. Thanksgiving holiday on Thursday, Nov. 22 kicks off the retail Christmas holiday season. We look at some trends shaping up for the retail year’s make-or-break fourth quarter. The Refinitiv Same Store Sales Index posted an impressive 3.9% average for the first half of 2018. However, it looks like consumer spending might slow down from the previous two quarters (Q3 and Q2) into Q4. For Q4 2018, the Refinitiv Same Store Sales Index is looking for a 3.0% growth, slightly below the 3.1% SSS Q4 2017 result. Despite a slight slowdown, a 3.0% SSS still reflects healthy U.S. consumer

In the U.S. retail landscape, the strength seen this past holiday season continued into the first quarter of 2018.

The all-important holiday season for U.S. retailers mimicked Goldilocks – not too hot, hot too cold. The Same Store Sales Index is looking at a 1.8% growth estimate for Q4 2017. While that’s stronger than last year’s 0.8% SSS result, it’s still below the 3% healthy mark, suggesting spending was modest. Let’s dig in and find out where consumers went shopping and dining: The consumer confidence index suggests consumers are feeling good about their economic situation – and spending their discretionary income. The average holiday discount wasn’t much different that the average discount offered in previous months. However, what did

As the year comes to an end, U.S. consumer confidence is up vs. a year ago. Likewise, the Thomson Reuters Same Store Sales Index is looking at a 1.7% growth, stronger than last year’s 0.8% result. Consumer confidence, as measured by the Thomson Reuters/Ipsos Primary Consumer Sentiment Index (PCSI), is flat finishing out 2017. The overall index for December stands at 60.7 for American consumer confidence –– an increase of just 0.2% compared to last month and up 2.3% Y/Y. Likewise, analysts polled by Thomson Reuters are becoming more bullish on consumer spending as we move forward into the holiday

The retail landscape has changed significantly, and it’s not enough to have a brick and mortar store, or even an online presence. What’s critical now is giving consumers an experience to entice them to open up their wallets. Watch Director of Consumer Research, Jharonne Martis talks with Reuters TV about how luxury retailers are using the power of vintage to connect customers to its brand, especially younger buyers. Read the full article here 

The retail landscape has changed significantly, and it’s not enough to have a brick and mortar store, or even an online presence. What’s critical now is giving consumers an experience to entice them to open up their wallets. Millennials are a coveted group, since they make up the largest sector of the U.S. population and are a generation that has a preference for experiences over things. As a result, luxury retailers are offering experiences that are social media-ready in an effort to target and engage a bigger audience. Some examples: Louis Vuitton unpacked its “Volez, Voguez, Voyagez” (“Fly, Sail, Travel”)

Black Friday – the day after the U.S. Thanksgiving holiday — is one of the most critical retail sales days during the holiday season, and for some it can make or break their fourth quarter profits. Supposedly, it turns red ink into black on the ledgers, thus the name. Here are some highlights as we head into this year’s Black Friday season: Of all retailers, department stores might be relying the most on having a great Black Friday to match and or exceed their quarterly estimates. The current average merchandise discount is 37.3% and it’s been at this level for

Retailers hoping to put themselves up for sale are in for a long winter. Take Nordstrom. With large insider stakes and growing revenue, the $6.7 billion department-store chain was a prime candidate for a buyout. Now it is shelving its sale until after the holidays. It may be hoping for a higher price. But the delay suggests even risk-tolerant buyers are cool on the sector. Nordstrom’s family insiders – with roughly 30 percent of the company’s outstanding stock – said they were looking to take it private back in June. That didn’t seem far-fetched. Unlike Macy’s, whose revenue has declined

U.S. retail sales during the December 2016 holiday season showed mixed results.