Notable Hit 1: (KSS:NYSE) On Wednesday May 24, 2023 Kohl's Corporation (KSS) posted revenues of $3.57 bn and in the same direction as Advan's forecasted sales. The revenue decreased 4% YoY - in line with Advan's vehicle traffic data decrease of 11% across all of its stores in Q1 2023. Advan's footfall data have a correlation of 0.99 on a YoY basis with KSS's top-line revenue over the last 14 quarters.
Notable Hit 2: (AEO:NYSE) On Wednesday May 24, 2023 American Eagle Outfitters, Inc. (AEO) posted revenues of $1.08 bn meeting the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue increased 2.5% YoY and in line with Advan's vehicle traffic data increase of 4.8% YoY at its stores in Q1 2023. The stock was +4.5% in the after-hours trading session. Advan's vehicle data has a correlation of 0.98 on a YoY basis with AEO's top-line revenue over the last 17 quarters.
Notable Hit 3: (BURL:NYSE) On Thursday May 25, 2023 Burlington Stores, Inc. (BURL) posted revenues of $2.14 bn slightly missing than the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue increased 10.9% YoY and in line with Advan's vehicle traffic data increase of 9.2% YoY at its stores in Q1 2023. The stock opened +6.5% from previous close. Advan's vehicle data has a correlation of 0.97 on a YoY basis with BURL's top-line revenue over the last 14 quarters.
Notable Hit 4: (EXPR:NYSE) On Wednesday May 24, 2023 Express, Inc. (EXPR) posted revenues of $383.26 mm missing the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue decreased 15% YoY and in line with Advan's foot traffic data decrease of 17% YoY at its stores in Q1 2023. The stock opened -16.5% from previous close. Advan's foot traffic data has a correlation of 0.97 on a YoY basis with EXPR's top-line revenue over the last 14 quarters.
Notable Hit 5: (VFC:NYSE) On Tuesday May 23, 2023 V.F. Corporation (VFC) posted revenues of $2.74 bn meeting the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue decreased 3% YoY and in line with Advan's vehicle traffic data decrease of 11% YoY at its stores in Q1 2023. The stock closed -5% from previous close. Advan's foot traffic data has a correlation of 0.94 on a YoY basis with VFC's top-line revenue over the last 13 quarters.
Notable Hit 6: (ANF:NYSE) On Wednesday May 24, 2023 Abercrombie & Fitch Co. (ANF) posted revenues of $835.99 mm beating the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue increased 2.9% YoY and in line with Advan's vehicle traffic data increase of 2.1% YoY at its stores in Q1 2023. The stock closed +31% from previous close. Advan's foot traffic data has a correlation of 0.91 on a YoY basis with ANF's top-line revenue over the last 17 quarters.
Notable Hit 7: (LOW:NYSE) On Tuesday May 23, 2023 Lowe's Companies, Inc. (LOW) posted revenues of $22.35 bn beating the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue decreased 5.5% YoY and in line with Advan's foot traffic data decrease of 16.5% YoY at its stores in Q1 2023. The stock opened -1.8% from previous open. Advan's foot traffic data has a correlation of 0.96 on a YoY basis with LOW's top-line revenue over the last 13 quarters.
Notable Hit 8: (SCVL:NYSE) On Wednesday May 24, 2023 Shoe Carnival, Inc. (SCVL) posted revenues of $281.18 mm missing the mean analyst estimates and in the same direction as Advan's forecasted sales. The revenue decreased 11.4% YoY and in line with Advan's foot traffic data decrease of 11.3% YoY at its stores in Q1 2023. The stock closed -6.3% from previous close. Advan's foot traffic data has a correlation of 0.9 on a YoY basis with SCVL's top-line revenue over the last 15 quarters.
