Notable Hit 1: (NKE:NYSE) On Thursday December 21, 2023 NIKE, Inc. (NKE) posted revenues of $13.4 bn in line with the mean analyst estimate of $13.4 bn and in the same direction as Advan's forecasted sales. The revenue increased 0.6% YoY inline with Advan's foot traffic data increase of 0.4% YoY at its stores in Q2 2024 fiscal. Advan's footfall data has a correlation of 0.96 on a YoY basis with NKE's top-line revenue over the last 14 quarters.
Notable Hit 2: (KMX:NASDAQ) On Thursday December 21, 2023 CarMax Inc (KMX) posted revenues of $6.15 bn missing the mean analyst estimate of $6.30 bn and in the same direction as Advan's forecasted sales. The revenue decreased 5.5% YoY inline with Advan's foot traffic data decrease of 7.4% YoY at its stores in Q3 2024 fiscal. Advan's footfall data has a correlation of 0.96 on a YoY basis with KMX's top-line revenue over the last 14 quarters.
