Mobility Insights Blog

Advan Notable Hit: Darden Restaurants, Inc. (DRI)

September 24, 2021 By Valantis Aristeidous Tags: FINANCIAL-TRENDS, ADVAN HITS
Advan Hits: DRI correlation traffic vs revenue

(DRI:NYSE) On Thursday September 23, 2021 Darden Restaurants, Inc. (DRI) posted better-than-expected revenues of $2.31bn beating the consensus estimate of $2.24bn (-3.1%) and in the same direction as Advan's forecasted sales. The revenue was +51.2% YoY - Advan's foot traffic data captured an...

Mall COVID Recovery, How Misleading Location Data Can Lead To Wrong Decision Making

September 13, 2021 By Grigorios Reppas Tags: RETAIL, MALLS, REAL ESTATE
Advan Retail REIT Index

There was a location data report published last month called ‘Malls Rise Once Again’ that caught people’s attention. It claimed that malls have made a ‘full COVID recovery’ and have as many visitors as in 2019. We at Advan live and breathe location data, so our intuitive response was ‘no way, how...

Advan Notable Hit: Dave & Buster's (PLAY) & Casey's (CASY)

September 10, 2021 By Valantis Aristeidous Tags: FINANCIAL-TRENDS, ADVAN HITS
Advan Hits: PLAY correlation traffic vs revenue

Notable Hit 1: (PLAY:NASDAQ) On Thursday September 9, 2021 Dave & Buster's (PLAY) posted better-than-expected revenues of $377.64mm beating the consensus estimate of $356.8mm (-5.5%) and in the same direction as Advan's forecasted sales. The revenue was +643% YoY - Advan's foot traffic data...

Advan Notable Hit: Conn's (CONN)

September 3, 2021 By Valantis Aristeidous Tags: FINANCIAL-TRENDS, ADVAN HITS
Advan Hits: CONN correlation traffic vs revenue

(CONN:NASDAQ) On Wednesday September 1, 2021 Conn's, Inc. (CONN) posted better-than-expected revenues of $418.38mm beating the consensus estimate of 392.91mm (-6.09%) and in the same direction as Advan's forecasted sales. The revenue was +14.02% YoY - Advan's foot traffic data captured an increase...

Advan Notable Hits: Brinker International, Inc. (EAT) & Ross Stores (ROST)

Advan Hits: EAT correlation traffic vs revenue

Notable Hit 1: (EAT:NYSE) On Wednesday August 17, 2021 Brinker International, Inc. (EAT) posted better-than-expected revenues of $1.08bn beating the consensus estimate of 987.45mm and in the same direction as Advan's forecasted sales. The revenue was +79.1% YoY - Advan's foot traffic data captured...

Advan Notable Hits: Penn National Gaming (PENN) & Meritor (MTOR)

Advan Hits: PENN correlation traffic vs revenue

Notable Hit 1: (PENN:NASDAQ) On Thursday August 5, 2021 Penn National Gaming, Inc. (PENN) posted better-than-expected revenues of $1.55bn beating the consensus estimate by +29.44% and in the same direction as Advan's forecasted sales. The revenue was +406% YoY - Advan's foot traffic data captured...

As Delta Variant Picks Up, Airline Foot Traffic Pulls Back?

August 12, 2021 By Peter Ripperger Tags: Travel, COVID-19
Southwest Airlines vs All US airports

As people start to feel the threat of the new Delta Variant, Southwest Airlines is experiencing its effect firsthand. The COVID-19 pandemic shut down airports worldwide and Southwest was no exception, seeing an 89.65% decrease in foot traffic as measured by Advan between April 2019 and April...

Advan Notable Hits: Avis (CAR), Eaton Corp (ETN) & Under Armour (UA)

Advan Hits: AVIS correlation traffic vs revenue

Notable Hit 1: (CAR:NASDAQ) On Tuesday August 3, 2021 Avis Budget Group, Inc. (CAR) posted better-than-expected revenues of $237bn beating the consensus estimate by 14% and in the same direction as Advan's forecasted sales. The revenue was +212% YoY - Advan's foot traffic data captured an increase...