Notable Hit 1: (TJX:NYSE) On Wednesday May 17, 2023 The TJX Companies, Inc. (TJX) posted revenues of $11.78 bn and in the same direction as Advan's forecasted sales. The revenue increased 3% YoY - in line with Advan's foot traffic data increase of 1% across all of its stores and subsidiaries in Q1 2023. Advan's footfall data have a correlation of 0.98 on a YoY basis with TJX's top-line revenue over the last 12 quarters.
Notable Hit 2: (ROST:NASDAQ) On Thursday May 18, 2023 Ross Stores, Inc. (ROST) posted revenues of $4.49 bn and in the same direction as Advan's forecasted sales. The revenue increased 4% YoY and in line with Advan's vehicle traffic data increase of 14% YoY at its stores in Q1 2023. The stock was +2.4% in the after-hours trading session. Advan's vehicle data has a correlation of 0.97 on a YoY basis with ROST's top-line revenue over the last 14 quarters.
