Author: Janine Perri

    Analyzing the U.S. fast fashion market with consumer transaction data analytics

    Complementing traditional fundamental data, alternative data enriches investors’ workflow and equips analysts with insights into company performance and consumer trends. More specifically, consumer transaction data analytics offer a direct view into a company’s observed transactions, which in turn gives a read into important revenue and KPIs across a broad segment of industries. Bloomberg Second Measure … Continued
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      Amid decreased consumer spending on electronics, Best Buy’s average sales per customer still surpasses pre-COVID levels

      In its recent fourth quarter earnings call, Best Buy Co Inc (NYSE: BBY) projected another year of lower consumer spending on electronics. The electronics retailer saw strong consumer sales in the early months of the COVID-19 pandemic, as work-from-home policies drove spending on home office equipment. More recently, however, Best Buy has experienced challenges related … Continued
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        Ollie’s Bargain Outlet’s sales growth exceeded discount and big-box competitors in early 2023

        Amid soaring inflation, many consumers have been turning to lower-price retailers—including discount grocers, big-box stores, and dollar stores—to shop for essential items without breaking the bank. Ollie’s Bargain Outlet (NASDAQ: OLLI), a discount closeout retailer that sells a range of products such as food, clothing, electronics, automotive, and home goods, has reportedly seen similar increases … Continued
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          As shoe retailers kick off new growth strategies, transaction data projected earnings surprises for Foot Locker and Nike

          On March 20, 2023, Foot Locker Inc (NYSE: FL) reported fourth quarter revenue that exceeded investors’ expectations and remained relatively consistent compared to the year before. The day after Foot Locker’s earnings call, Nike Inc (NYSE: NKE) also announced an earnings surprise for its third fiscal quarter of 2023. Bloomberg Second Measure’s transaction data correctly … Continued
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            Bloomberg Second Measure data beat consensus estimates for Burlington three holiday quarters in a row

            Amid a highly-anticipated earnings season for retailers, off-price chain Burlington (NYSE: BURL) reported earnings that beat investors’ expectations in the fourth quarter of 2022. Ahead of Burlington’s holiday quarter earnings announcement, Bloomberg Second Measure transaction data projected $2.78 billion in revenue—within two percent of Burlington’s reported revenue—while the mean consensus estimate was more than 5 … Continued
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