Finance Archives - Bloomberg Second Measure

Transaction data projected Dillard’s earnings surprise ahead of Q3 report

Following a reported sales slowdown in its second fiscal quarter, department store chain Dillard’s Inc (NYSE: DDS) exceeded investors’ expectations with the release of its third quarter earnings report. Prior to the Q3 earnings surprise announcement, transaction data from Bloomberg Second Measure projected Dillard’s third quarter revenue within 1 percent of the company’s reported revenue. … Continued

Janine Perri — 14 Nov 2022

Transaction data projected SFIX and RENT revenue ahead of earnings reports and now sees sales slowdown for Stitch Fix

Last week, DTC clothing subscription companies Stitch Fix (NASDAQ: SFIX) and Rent the Runway (NASDAQ: RENT) released earnings reports showing strong revenue growth in the most recent fiscal quarter. Before these earnings reports were released, transaction data from Bloomberg Second Measure projected the quarter’s revenue within 1 percent of each company’s reported revenue.

Janine Perri — 15 Dec 2021

Wise captures growing share of money transfers from U.S. consumers

Wise, formerly known as TransferWise, has accounted for a growing share of the money exchanged by U.S. consumers using international money transfer services, overtaking more established competitors like Xoom and Western Union.

Janine Perri — 02 Nov 2021

Macy’s earnings surprise signals consumers’ return to retail

As retailers see increased traffic from shoppers returning to brick-and-mortar stores, department stores such as Macy’s are experiencing significant sales growth.

Janine Perri — 26 Aug 2021

COVID-19 Industry Tracker

U.S. consumer spending has been altered by the coronavirus pandemic. By analyzing industry-level data, consumer spending trends can provide insight into which sectors of the economy are recovering fastest.

Liyin Yeo — 22 Jul 2021

TurboTax supercharges its market share during 2021 tax season

Due to the COVID-19 pandemic, the federal income tax deadline for individuals was extended for the past two years. TurboTax continues to lead the tax prep industry and has steadily gained market share from its competitors over the past three tax seasons.

Janine Perri — 17 Jun 2021