October 27, 2023
Categories:
Finance
Valantis Aristides
7 minute read

Advan Notable Hits: Boyd Gaming, IMAX, Hilton & Monro

Notable Hit 1: (BYD:NYSE) On Tuesday October 24, 2023 Boyd Gaming Corporation (BYD) posted revenues of $903.16 mm surpassing the mean analyst estimate of $880.26 mm and in the same direction as Advan's forecasted sales. The revenue increased 2.3% YoY inline with Advan's foot traffic data increase of 13% YoY at its casinos in Q3 2023. Advan's footfall data has a correlation of 0.96 on a YoY basis with BYD's top-line revenue over the last 14 quarters.


Advan Hits: BYD correlation traffic vs revenue


Notable Hit 2: (IMAX:NYSE) On Wednesday October 15, 2023 IMAX Corporation (IMAX) posted revenues of $103.9 mm surpassing the mean analyst estimate of $91.4 mm and in the same direction as Advan's forecasted sales. The revenue increased 51.1% YoY inline with Advan's foot traffic data increase of 51% YoY at its movie theaters in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.91 on a YoY basis with IMAX's top-line revenue over the last 15 quarters.


Advan Hits: IMAX correlation traffic vs revenue


Notable Hit 3: (HLT:NYSE) On Wednesday October 25, 2023 Hilton Worldwide Holdings Inc. (HLT) posted revenues of $2.67 bn surpassing the mean analyst estimate of $2.59 bn and in the same direction as Advan's forecasted sales. The revenue increased 12.9% YoY inline with Advan's foot traffic data increase of 20.3% YoY at its hotels and hotel chains in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.91 on a YoY basis with HLT's top-line revenue over the last 15 quarters.


Advan Hits: HLT correlation traffic vs revenue


Notable Hit 4: (MNRO:NASDAQ) On Wednesday October 25, 2023 Monro, Inc. (MNRO) posted revenues of $322.09 mm missing the mean analyst estimate of $332.2 mm and in the same direction as Advan's forecasted sales. The revenue decreased 2.3% YoY inline with Advan's foot traffic data decrease of 14.9% YoY at its automotive repair locations in Q3 2023. Advan's footfall data has a correlation of 0.95 on a YoY basis with MNRO's top-line revenue over the last 15 quarters.


Advan Hits: MNRO correlation traffic vs revenue


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Valantis Aristides

Valantis has been focused on product management across B2B and B2C SaaS and data analytics, specializing in translating complex data into clear, actionable insights that inform business and investment decisions, product innovation, and customer engagement. His experience includes analyzing mobility trends, credit card transactions, and alternative data to uncover patterns that shape strategy and highlight market opportunities.