Notable Hit 1: (KSS:NYSE) On Tuesday March 12, 2024 Kohl's Corporation (KSS) posted revenues of $5.96 bn surpassing the analysts estimate by 2.9% and in the same direction as Advan's forecasted sales. Advan's data showed a 3.6% decrease YoY in foot traffic to its stores in Q4 2023; the company's revenue decreased 1% YoY. The stock closed down 6.7% from previous closing. Advan's footfall data has a correlation of 0.99 on a YoY basis with KSS's top-line revenue over the last 16 quarters.
Notable Hit 2: (ULTA:NASDAQ) On Tuesday March 5, 2024 Ulta Beauty, Inc. (ULTA) posted revenues of $3.55 bn surpassing the analysts estimate by 0.56% and in the same direction as Advan's forecasted sales. Advan's data showed a 4.1% increase YoY in foot traffic to its stores in Q4 2023; the company's revenue increased 10% YoY. The stock was up 1.3% from previous closing. Advan's footfall data has a correlation of 0.92 on a YoY basis with ULTA's top-line revenue over the last 16 quarters.
