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Advan Notable Hits: BJ's Restaurants (BJRI), Monro (MNRO), Hilton (HLT) & Old Dominion Freight (ODFL)

Advan Notable Hits: BJ’s Restaurants (BJRI), Monro (MNRO), Hilton (HLT) & Old Dominion Freight (ODFL)

Notable Hit 1: (BJRI:NASDAQ) On Thursday July 27, 2023 BJ’s Restaurants, Inc. (BJRI) posted revenues of $349.67 mm beating the mean analyst estimates of $349.37 mm and in the same direction as Advan’s forecasted sales. The revenue increased 6.1% YoY - in line with Advan’s foot traffic data increase of 23.1% YoY at its restaurants in Q2 2023 fiscal. As a result, next day the stock price jumped over 12% from previous close.
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Advan Notable Hits: Abbott Laboratories (ABT)

Advan Notable Hits: Abbott Laboratories (ABT)

Notable Hit: (ABT:NYSE) On Thursday July 20, 2023 Abbott Laboratories (ABT) posted revenues of $9.98 bn beating the mean analyst estimates of $9.69 bn and in the same direction as Advan’s forecasted sales. The revenue decreased 11.36% YoY - in line with Advan’s employee foot traffic data decrease of 7.36% YoY including all of its subsidiaries and manufacturing facilities in Q2 2023 fiscal. Advan’s footfall data have a correlation of 0.
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Advan Notable Hits: NIKE, Inc. (NKE)

Advan Notable Hits: NIKE, Inc. (NKE)

Notable Hit 1: (NKE:NYSE) On Thursday June 29, 2023 NIKE, Inc. (NKE) posted revenues of $12.83 bn beating the mean analyst estimates of $12.56 bn and in the same direction as Advan’s forecasted sales. The revenue increased 4.8% YoY - in line with Advan’s foot traffic data increase of 1% YoY across all of its Nike stores and its subsidiaries including Converse, in Q4 2022 fiscal. Advan’s footfall data have a correlation of 0.
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Advan Notable Hits: Darden Restaurants, Inc. (DRI) & Winnebago Industries, Inc. (WGO)

Advan Notable Hits: Darden Restaurants, Inc. (DRI) & Winnebago Industries, Inc. (WGO)

Notable Hit 1: (DRI:NYSE) On Thursday June 22, 2023 Darden Restaurants, Inc. (DRI) posted revenues of $2.77 bn beating the mean analyst estimates of $2.76 bn and in the same direction as Advan’s forecasted sales. The revenue increased 6% YoY - in line with Advan’s foot traffic data increase of 1% YoY across all of its restaurant chains in Q4 2023 fiscal. Advan’s footfall data have a correlation of 0.97 on a YoY basis with DRI’s top-line revenue over the last 16 quarters.
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Advan Notable Hits: Kirkland's, Inc. (KIRK)

Advan Notable Hits: Kirkland’s, Inc. (KIRK)

Notable Hit 1: (KIRK:NASDAQ) On Thursday June 8, 2023 Kirkland’s, Inc. (KIRK) posted revenues of $96.88 mm following the same direction as Advan’s forecasted sales. The revenue decreased 6% YoY - in line with Advan’s vehicle traffic data decrease of 2.5% YoY at its stores in Q1 2023. Advan’s footfall data have a correlation of 0.90 on a YoY basis with KIRK’s top-line revenue over the last 14 quarters. Follow us on Twitter and LinkedIn .
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Juneteenth, how a relatively new federal holiday is affecting summer traveling

Juneteenth, how a relatively new federal holiday is affecting summer traveling

The World Health Organization officially declared the end to the pandemic in May 2023, more than three years after its initial announcement in March 2020. With the introduction of the vaccine and the gradual lifting of restrictions over the past three years, Americans are trying to return to their pre-pandemic lifestyles, starting with their travel habits. The pandemic years brought political and social change with them, which included the introduction of a bill which officially declared the observance of June 19th (Juneteenth) as a federal holiday in 2021.
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Advan Notable Hits: THOR Industries, Inc. (THO),Ollie's Bargain (OLLI) & Signet Jewelers Limited (SIG)

Advan Notable Hits: THOR Industries, Inc. (THO),Ollie’s Bargain (OLLI) & Signet Jewelers Limited (SIG)

Notable Hit 1: (THO:NYSE) On Tuesday June 6, 2023 THOR Industries, Inc. (THO) posted revenues of $2.93 bn following the same direction as Advan’s forecasted sales. The revenue decreased 37.1% YoY - in line with Advan’s foot traffic data increase of 41.8% YoY at its manufacturing facilities in Q1 2023. Advan’s footfall data have a correlation of 0.99 on a YoY basis with THO’s top-line revenue over the last 13 quarters.
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Advan Notable Hits: Ulta Beauty (ULTA),Nordstrom (JWN) & Macy's (M)

Advan Notable Hits: Ulta Beauty (ULTA),Nordstrom (JWN) & Macy’s (M)

Notable Hit 1: (ULTA:NASDAQ) On Thursday May 25, 2023 Ulta Beauty, Inc. (ULTA) posted revenues of $2.63 bn beating the mean analyst estimates by 0.8% and in the same direction as Advan’s forecasted sales. The revenue increased 12.3% YoY - in line with Advan’s foot traffic data increase of 13.7% across all of its stores in Q1 2023. Advan’s footfall data have a correlation of 0.99 on a YoY basis with ULTA’s top-line revenue over the last 14 quarters.
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Advan Notable Hits: Kohl's(KSS),American Eagle(AEO),Burlington(BURL),Express(EXPR),V.F.(VFC),Abercrobie&Fitch(ANF),LOWE's(LOW),Shoe Carnival(SCVL)

Advan Notable Hits: Kohl’s(KSS),American Eagle(AEO),Burlington(BURL),Express(EXPR),V.F.(VFC),Abercrobie&Fitch(ANF),LOWE’s(LOW),Shoe Carnival(SCVL)

Notable Hit 1: (KSS:NYSE) On Wednesday May 24, 2023 Kohl’s Corporation (KSS) posted revenues of $3.57 bn and in the same direction as Advan’s forecasted sales. The revenue decreased 4% YoY - in line with Advan’s vehicle traffic data decrease of 11% across all of its stores in Q1 2023. Advan’s footfall data have a correlation of 0.99 on a YoY basis with KSS’s top-line revenue over the last 14 quarters.
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Advan Notable Hits: The TJX Companies, Inc. (TJX) & Ross Stores, Inc. (ROST)

Advan Notable Hits: The TJX Companies, Inc. (TJX) & Ross Stores, Inc. (ROST)

Notable Hit 1: (TJX:NYSE) On Wednesday May 17, 2023 The TJX Companies, Inc. (TJX) posted revenues of $11.78 bn and in the same direction as Advan’s forecasted sales. The revenue increased 3% YoY - in line with Advan’s foot traffic data increase of 1% across all of its stores and subsidiaries in Q1 2023. Advan’s footfall data have a correlation of 0.98 on a YoY basis with TJX’s top-line revenue over the last 12 quarters.
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