Notable Hit 1: (CZR:NASDAQ) On Tuesday February 20, 2024 Caesars Entertainment, Inc. (CZR) posted revenues of $2.85 bn slightly missing the analysts estimate by 0.8% and in the same direction as Advan's forecasted sales. Advan's data showed a 0.6% increase YoY in foot traffic at its resorts in Q4 2023; the company's revenue increased 0.1% YoY. Advan's footfall data has a correlation of 0.96 on a YoY basis with CZR's top-line revenue over the last 16 quarters.
Notable Hit 2: (PLNT:NYSE) On Thursday February 22, 2024 Planet Fitness, Inc. (PLNT) posted revenues of $285.1 mm surpassing the analysts estimate by 2.1% and in the same direction as Advan's forecasted sales. Advan's foot traffic data showed 6.8% increase YoY at its fitness centers in Q4 2023; the company's revenue increased 1.4% YoY. Advan's footfall data has a correlation of 0.96 on a YoY basis with PLNT's top-line revenue over the last 15 quarters.
