Lululemon (LULU+3.6%) is tapped by Baird to meet or exceed FQ3 earnings as the firm tracked sales and markdown trends at the athleisure retailer. Further, data research company M Science estimates that FQ3 revenue grew at 32% Y/Y vs consensus of 28% growth.“We are reassured that LULU can deliver FQ3 results at least in line…
The cruise line sector has taken a battering over the last four weeks after the emergence of the Omicron COVID variant pushed back the timeline once again on when operators can sail at 100% capacity.M Science updates on trends on the cruise line sector. Analyst Michael Erstad and team note that Q4 cumulative bookings through…
M Science lifts estimates on Macy’s (M+0.7%) after noting strengthening trends in Q3 on a rebound in October driven by both online and brick and mortar.Analyst Matthew Jacob points to Kids’ and juniors’ products share increasing for Macy’s indicating a strong back-to-school season. In addition, Macy’s (NYSE:M) market spend share is also noted to be…
Dillard’s Inc., the 83-year-old department store, has soared 417% this year, and it’s thanks in part to its ability to manage a global supply chain snafu amid a jump in customer demand. Dillard’s gained as much as 23% on Thursday to a record $364.08 after quarterly results blew estimates out of the water. The company’s…
Uber and Lyft are emerging from the pandemic as leaner, lower-cost companies with a long-elusive operating profit and the unexpected power to raise prices without alienating riders. Ride-hail fares have surged to unprecedented levels this year due to a driver shortage. Much to the companies’ delight, riders so far appear undeterred, flocking back to the…
The rideshare industry continues to make its slow crawl back to pre-pandemic levels with spending down 31.1% relative to 2019 levels for the week ending October 17th, according to data from research and analytics firm M Science. Uber held 71.8% of the total market for the week, while Lyft’s (NASDAQ:LYFT) market share fell to 26.9%.…
Amazon.com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade. The shares declined about 5% in extended trading. The company’s revenue and profit also missed projections for the third quarter and Amazon said its costs to negotiate supply chain issues and…
Six Flags Entertainment (SIX+3.3%), Cedar Fair (FUN+0.7%) and SeaWorld Entertainment (SEAS+2.5%) jump after M Science says traffic trends improved for Six Flags and SeaWorld near the end of Q3 across core theme parks. That would also coincide with a decrease in COVID restrictions in some regions.Six Flags (NYSE:SIX) is the first of the theme park…
The COVID pandemic has been an extreme time for the beauty industry. People have whipsawed between feeling nearly invisible to being super-exposed: Masks covered half of our faces for much of the last 18 months — and, after a brief hiatus, the Delta variant means they’re back — while our looks have moved front-and-center during…
Data-driven research and analytics company M Science announces the launch of its Retail and Consumer Brands Intelligence Platform. This new platform aims to provide business-critical insights to the industry as it navigates post-COVID-19 consumer behavior and as the ecommerce landscape continues to rapidly evolve. Leveraging tested analytic models and a myriad of data inputs, the…