In 2Q17, General Motors’ revenues stood at $37.0 billion, which reflects a decrease of 1.1% compared to $37.4 billion in 2Q16.
During the 2Q17 earnings season, auto stocks (IYK) remained highly volatile with a mixed bias. As of August 17, 2017, Ford has fallen ~4.9% in 3Q17.
Ramsay Health Care is a market leader in private healthcare in Australia, treating almost 3 million patients each year.
Kao Corporation has become the largest branded and packaged goods company in Japan and the second-largest company in the cosmetics category.
After suffering declining revenues due to intense competition from McDonald’s and Dunkin’ Brands in 2009, Starbucks opted to keep its costs lower to gain a competitive advantage.
Firms with a structural cost advantage can either undercut competitors on price while earning similar margins, or they can charge market-level prices while earning relatively high margins.
The idea of an economic moat refers to how likely a company is to keep competitors at bay for an extended period. In this series, we’ll focus on one of the sources of obtaining a sustainable competitive advantage—cost leadership.
Coach’s (COH) weak guidance has led to a host of target price revisions on Wall Street.
Coach’s (COH) stock price crashed after it reported its fiscal 4Q17 results on August 15, falling 15% on guidance that fell short of Wall Street expectations.
Coach (COH) reported an 11% YoY (year-over-year) jump in its fiscal 4Q17 earnings, which stood at $0.50 per share for the quarter.
Coach’s (COH) international business accounted for 39% of its 4Q17 top line. Sales fell 1.7% YoY (year-over-year) to $442 million.
The Coach brand’s North America business, which accounted for 52% of the company’s fiscal 4Q17 top line, fell 3.3% YoY (year-over-year) to $565 million.
For fiscal 4Q17, Coach (COH) reported total revenues of $1.13 billion, which is 1.8% lower than its revenues in fiscal 4Q16.
Coach reported adjusted diluted earnings of $0.50 per share, beating the Wall Street average profit estimate by $0.01.
Despite generating higher sales, The TJX Companies’ (TJX) gross margin and operating margin narrowed in fiscal 2Q18, which ended July 29, 2017. The company’s gross margin contracted by 90 basis points…
On August 15, The TJX Companies’ (TJX) 12-month forward PE (price-to-earnings) multiple fell 2.8% to 17.1x following the company’s fiscal 2Q18 results. As discussed previously in this series, The TJX…
The TJX Companies (TJX) delivered adjusted EPS (earnings per share) of $0.85 in fiscal 2Q18, which ended July 29, 2017. The company exceeded analysts’ earnings expectation of $0.84. The company’s…
The TJX Companies (TJX) delivered strong sales numbers in fiscal 2Q181, after missing sales estimates in fiscal 1Q18. In fiscal 2Q18, the leading off-price retailer delivered sales of $8.4 billion,…
In addition to its US stores, The TJX Companies (TJX) also operates stores in Canada, Europe, and Australia. Off-price-retailer rivals Ross Stores (ROST) and Burlington Stores (BURL) do not currently…
On August 15, 2017, The TJX Companies’ (TJX) stock price rose 0.8% to $70.16 in reaction to its results for fiscal 2Q18, which ended July 29.