Advan Notable Hits: Cinemark Holdings, Inc. (CNK), Dine Brands Global, Inc. (DIN), Marriott International, Inc. (MAR)

Notable Hit 1: (CNK:NYSE) On Friday May 5, 2023 Cinemark Holdings, Inc. (CNK) posted revenues of $610.7 mm surpassing the mean analyst estimates by 10.4% and in the same direction as Advan's forecasted sales. The revenue increased 32% YoY - in line with Advan's foot traffic data increase of 5.2% at its movie theaters in Q1 2023. Advan's footfall data have a correlation of 0.96 on a YoY basis with CNK's top-line revenue over the last 15 quarters.

Advan Hits: CNK correlation traffic vs revenue

Notable Hit 2: (DIN:NYSE) On Wednesday May 3, 2023 Dine Brands Global, Inc. (DIN) posted revenues of $213.77 mm. down 7.23% YoY and in line with Advan's vehicle traffic data decrease of 7.68% YoY at its restaurant chains in Q1 2023. Advan's vehicle data has a correlation of 0.99 on a YoY basis with DIN's top-line revenue over the last 14 quarters.

Advan Hits: DIN correlation traffic vs revenue

Notable Hit 3: (MAR:NASDAQ) On Tuesday May 2, 2023 Marriott International, Inc. (MAR) posted revenues of $5.62 bn, surpassing the mean analyst estimates by 12% and in the same direction as Advan's forecasted sales. The revenue increased 33% YoY - in line with Advan's vehicle traffic data increase of 2.7% YoY at its hotel chains in Q1 2023. The stock closed +4.55% from previous close. Advan's vehicle data have a correlation of 0.90 on a YoY basis with MAR's top-line revenue over the last 13 quarters.

Advan Hits: MAR correlation traffic vs revenue

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.