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.
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.
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