Notable Hit 1: (THO:NYSE) On Wednesday December 6, 2023 THOR Industries, Inc. (THO) posted revenues of $2.5 bn missing the mean analyst estimate of $2.55 bn and in the same direction as Advan's forecasted sales. The revenue decreased 19.5% YoY inline with Advan's foot traffic data decrease of 24.6% YoY at its manufacturing facilities in Q1 2024 fiscal. Advan's footfall data has a correlation of 0.99 on a YoY basis with THO's top-line revenue over the last 14 quarters.
Notable Hit 2: (OLLI:NASDAQ) On Wednesday December 6, 2023 Ollie's Bargain Outlet Holdings, Inc. (OLLI) posted revenues of $480.05 mm beating the mean analyst estimate of $469 mm and in the same direction as Advan's forecasted sales. The revenue increased 14.8% YoY inline with Advan's foot traffic data increase of 21.5% YoY at its stores in Q3 2023. The stock next day opened +2.95% from previous close. Advan's footfall data has a correlation of 0.93 on a YoY basis with OLLI's top-line revenue over the last 14 quarters.
