Notable Hit 1: (NKE:NYSE) On Tuesday March 22, 2022 NIKE, Inc. (NKE) posted better-than-expected revenues of $10.87bn surpassing the consensus estimate of $10.62bn or by +2.3% and in the same direction as Advan's forecasted sales. The revenue was up 5% YoY - Advan's foot traffic data captured an increase in foot traffic of +5% YoY at its stores for Q4 2021. As a result of beating the sales & EPS the stock opened at $137.28, up +5.4% from previous closing price. Advan's footfall data has a correlation of 0.97 on a YoY basis with NKE's top-line revenue over the last 13 quarters.
Notable Hit 2: (OXM:NYSE) On Wednesday March 23, 2022 Oxford Industries, Inc. (OXM) posted better-than-expected revenues of $299.92mm surpassing the consensus estimate of $295.27mm or by +1.57% and in the same direction as Advan's forecasted sales. The revenue was up 35% YoY - Advan's foot traffic data captured an increase in foot traffic of +21% YoY at its stores for Q4 2021. As a result of beating the sales & EPS the stock next day closed at $91.91, up +11.2% from previous closing price. Advan's footfall data has a correlation of 0.97 on a YoY basis with CAL's top-line revenue over the last 13 quarters.
