Notable Hit 1: Notable Hit: (HLT:NYSE) On Wednesday April 26, 2023 Hilton Worldwide Holdings Inc. (HLT) posted revenues of $2.29 bn surpassing the mean analyst estimates by 4.5% and in the same direction as Advan's forecasted sales. The revenue increased 32% YoY - in line with Advan's foot traffic and vehicle data increase of 7% and 4% YoY respectively at its hotels in Q1 2023. Advan's footfall and vehicle data have a correlation of 0.90 on a YoY basis with HLT's top-line revenue over the last 15 quarters.
Notable Hit 2: (MCD:NYSE) On Tuesday April 25, 2023 McDonald's Corporation (MCD) posted revenues of $5.9 bn, surpassing the mean analyst estimates by 5.6% and in the same direction as Advan's forecasted sales. The revenue increased 4.1% YoY - in line with Advan's foot traffic data increase of 2.6% YoY at its stores in Q1 2023. Advan's vehicle & footfall data have a correlation of 0.96 & 0.8 respectively on a YoY basis with MCD's top-line revenue over the last 16 quarters.
Notable Hit 3: (SKX:NYSE) On Thursday April 27, 2023 Skechers U.S.A., Inc. (SKX) posted revenues of $2 bn, surpassing the mean analyst estimates by 8% and in the same direction as Advan's forecasted sales. The revenue increased 9.9% YoY - in line with Advan's foot & vehicle traffic data increase of 1.2% & 2.3% YoY at its stores in Q1 2023. Advan's vehicle & footfall data have a correlation of 0.98 & 0.97 respectively on a YoY basis with SKX's top-line revenue over the last 15 quarters.
