Notable Hit: (RH:NYSE) On Wednesday June 9, 2021 RH (RH) posted better-than-expected revenues of $860.79mm surpassing the consensus estimate of $746.1mm (-13.22%) and in the same direction as Advan's forecasted sales. The revenue was +78.25% YoY - Advan's foot traffic data captured an increase in traffic of +121.85% YoY. Advan's footfall data has 0.93 correlation on a YoY basis with RH's top-line revenue over the last 10 quarters.
Notable Hit 2: (LZB:NYSE) On Tuesday June 15, 2021 La-Z-Boy Incorporated (LZB) posted better-than-expected revenues of $519.47mm surpassing the consensus estimate of $498.53mm (-4.03%) and in the same direction as Advan's forecasted sales. The revenue was +41.44% YoY - Advan's foot traffic data captured an increase in traffic of +42.52% YoY. Advan's footfall data has 0.87 correlation on a YoY basis with LZB's top-line revenue over the last 10 quarters.
