Notable Hit 1: (TJX:NYSE) On Wednesday November 15, 2023 The TJX Companies (TJX) posted revenues of $13.26 bn surpassing the mean analyst estimate of $13.05bn and in the same direction as Advan's forecasted sales. The revenue increased 9% YoY inline with Advan's foot traffic data increase of 15% YoY across its stores and subsidiaries in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.97 on a YoY basis with TJX's top-line revenue over the last 15 quarters.
Notable Hit 2: (HD:NYSE) On Tuesday November 14, 2023 The Home Depot, Inc. (HD) posted revenues of $37.71 bn aligning with the mean analyst estimate and in the same direction as Advan's forecasted sales. The revenue decreased 3% YoY - in line with Advan's foot traffic data showed an decrease of 9.7% YoY at its stores in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.92 on a YoY basis with HD's top-line revenue over the last 16 quarters.
Notable Hit 3: (SHOO:NASDAQ) On Tuesday November 8, 2023 Steven Madden, Ltd. (SHOO) posted revenues of $552.73mm surpassing the mean analyst estimate of $548.79 mm and in the same direction as Advan's forecasted sales. The revenue decreased 0.1% YoY inline with Advan's foot traffic data decrease of 0.5% YoY at its stors in Q3 2023. Advan's footfall data has a correlation of 0.92 on a YoY basis with SHOO's top-line revenue over the last 15 quarters.
Notable Hit 4: (SBH:NYSE) On Wednesday November 15, 2023 Sally Beauty's (SBH) posted revenues of $921.36 mm missing the mean analyst estimate of $930.44 mm and in the same direction as Advan's forecasted sales. The revenue decreased 4.3% YoY inline with Advan's foot traffic data decrease of 4.9% YoY at its specialty stores in Q3 2023. Advan's footfall data has a correlation of 0.88 on a YoY basis with SBH's top-line revenue over the last 15 quarters.
Notable Hit 5: (SOHO:NASDAQ) On Thursday November 9, 2023 Sotherly Hotels Inc. (SOHO) posted revenues of $39.1 mm following the same direction as Advan's forecasted sales. The revenue remained stable year over year and Advan's foot traffic data showed an increase of 3.6% YoY at its hotels in Q3 2023 fiscal. Advan's footfall data has a correlation of 0.98 on a YoY basis with SOHO's top-line revenue over the last 15 quarters.
