Notable Hit 1: (AAL:NASDAQ) On Thursday January 25, 2024 American Airlines Group Inc. (AAL) posted revenues of $13.06 bn in line with the mean analyst estimate of $13.06 bn and in the same direction as Advan's forecasted sales. Advan's foot traffic data showed 4% decrease YoY at its hub/terminal locations in Q4 2023; the airline's revenue decreased 1% YoY. Advan's footfall data has a correlation of 0.98 on a YoY basis with AAL's top-line revenue over the last 16 quarters.
Notable Hit 2: (MNRO:NASDAQ) On Wednesday January 24, 2024 Monro, Inc. (MNRO) posted revenues of $317.65 mm missing the mean analyst estimate of $325mm and in the same direction as Advan's forecasted sales. Advan's foot traffic data showed 2.63% decrease YoY at its auto repair shops in Q4 2023; the company's revenue decreased 5.23% YoY. Advan's footfall data has a correlation of 0.92 on a YoY basis with MNRO's top-line revenue over the last 16 quarters.
