Notable Hit 1: (DAL:NYSE) On Thursday April 13, 2023 Delta Air Lines, Inc. (DAL) posted revenues of $12.76 bn surpassing the mean consensus estimates by 6% and in the same direction as Advan's forecasted sales. The revenue increased 36.49% YoY - in line with Advan's foot traffic data increase of 8% YoY at its terminals for fiscal Q1 2023. Advan's footfall data has a correlation of 0.97 on a YoY basis with DAL's top-line revenue over the last 15 quarters.
Notable Hit 2: (SPWH:NASDAQ) On Thursday April 13, 2023 Sportsman's Warehouse Holdings, Inc. (SPWH) posted revenues of $379.27mm, missing the consensus estimates by -0.2% and in the same direction as Advan's forecasted sales. The revenue decreased 8.89% YoY - in line with Advan's foot traffic data decrease of 10.26% YoY at its stores for fiscal Q4 2022. The stock opened at $6, -28% from previous close. Advan's footfall data has a correlation of 0.9 on a YoY basis with SPWH's top-line revenue over the last 14 quarters.
