Notable Hit 1: (MGM:NYSE) On Wednesday August 2, 2023 MGM Resorts International (MGM) posted revenues of $3.94 bn beating the mean analyst estimates of $3.79 bn and in the same direction as Advan's forecasted sales. The revenue increased 20% YoY - in line with Advan's foot traffic data increase of 2.1% YoY at its resorts in Q2 2023 fiscal. Advan's footfall data have a correlation of 0.99 on a YoY basis with MGM's top-line revenue over the last 14 quarters.
Notable Hit 2: (BLMN:NASDAQ) On Tuesday August 1, 2023 Bloomin' Brands, Inc. (BLMN) posted revenues of $1.16 bn beating the mean analyst estimates of $1.15 bn and in the same direction as Advan's forecasted sales. The revenue increased 2.45% YoY - in line with Advan's foot traffic data increase of 13.1% YoY across its restaurant chains in Q2 2023 fiscal. Advan's footfall data have a correlation of 0.99 on a YoY basis with BLMN's top-line revenue over the last 14 quarters.
Notable Hit 3: (SKX:NYSE) On Thursday July 27, 2023 Skechers U.S.A., Inc. (SKX) posted revenues of $2.01 bn beating the mean analyst estimates of $1.91 bn and in the same direction as Advan's forecasted sales. The revenue increased 7.75% YoY - following Advan's foot traffic data increase of 16.7% YoY at its footwear stores in Q2 2023. Advan's footfall data have a correlation of 0.99 on a YoY basis with SKX's top-line revenue over the last 14 quarters.
Notable Hit 4: (HTZ:NASDAQ) On Thursday July 27, 2023 Hertz Global Holdings, Inc. (HTZ) posted revenues of $2.44 bn in-line with the mean analyst estimates of $2.44 bn and in the same direction as Advan's forecasted sales. The revenue increased 3.97% YoY - following Advan's foot traffic data increase of 10.39% YoY across all of car rental locations in Q2 2023. Advan's footfall data have a correlation of 0.98 on a YoY basis with HTZ's top-line revenue over the last 14 quarters.
Notable Hit 5: (TXRH:NASDAQ) On Thursday July 27, 2023 Texas Roadhouse, Inc. (TXRH) posted revenues of $1.17 bn in-line with the mean analyst estimates of $1.17 bn and in the same direction as Advan's forecasted sales. The revenue increased 14.3% YoY - following Advan's foot traffic data increase of 12.8% YoY at its restaurants in Q2 2023. Advan's footfall data have a correlation of 0.96 on a YoY basis with TXRH's top-line revenue over the last 18 quarters.
