Notable Hit 1: (ECL:NYSE) On Tuesday October 26 , 2021 Ecolab Inc. (ECL) posted better-than-expected revenues of $3.32bn beating the consensus estimate of $3.28bn (-1.27%) and in the same direction as Advan's forecasted sales. The revenue was +10% YoY - Advan's foot traffic data captured an increase in employee foot traffic of +3.3% YoY at its factories for Q3 2021. As a result of beating the sales and EPS, the stock closed at $230.28, up +3.9% from its previous day's closing price. Advan's employee footfall data has a correlation of 0.9 on a YoY basis with ECL's top-line revenue over the last 11 quarters.
Notable Hit 2: (BOOT:NYSE) On Wednesday October 27 , 2021 Boot Barn (BOOT) posted better-than-expected revenues of $312.72mm beating the consensus estimate of $289.38(-8%) and in the same direction as Advan's forecasted sales. The revenue was +69.5% YoY - Advan's foot traffic data captured an increase in foot traffic of +57.1% YoY at its store locations for Q3 2021. As a result of beating the sales and EPS, the stock opened next day at $106.19, up +5.8% from its previous day's closing price. Advan's footfall data has a correlation of 0.98 on a YoY basis with BOOT's top-line revenue over the last 11 quarters.
