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Advan Notable Hits: TJX Companies, ROSS Stores, Shoe Carnival, Monroe & Macy's

Advan Notable Hits: TJX Companies, ROSS Stores, Shoe Carnival, Monroe & Macy’s

Notable Hit 1: (TJX:NYSE) On Wednesday May 22, 2024 The TJX Companies, Inc. (TJX) posted revenues of $12.48 bn meeting the analysts estimate and in the same direction as Advan’s forecasted sales. Advan’s data showed a 5.9% increase YoY in foot traffic to its US stores (subsidiaries included) in Q1 2024; the company’s revenue increased 5.9% YoY. After the announcement, the stock went up 7.5% from previous close. Advan’s footfall data has a correlation of 0.
3 minutes
Advan Notable Hits: Planet Fitness, Inc.

Advan Notable Hits: Planet Fitness, Inc.

Notable Hit 1: (PLNT:NYSE) On Thursday May 9, 2024 Planet Fitness, Inc. (PLNT) posted revenues of $248.02 mm meeting the analysts estimate and in the same direction as Advan’s forecasted sales. Advan’s data showed a 6.1% increase YoY in foot traffic to its fitness centers in Q1 2024; the company’s revenue increased 12% YoY. The stock closed up 5.6% from previous close. Advan’s footfall data has a correlation of 0.97 on a YoY basis with PLTN’s top-line revenue over the last 16 quarters.
One minute
A Look into Movie Theater Attendance Post-Pandemic

A Look into Movie Theater Attendance Post-Pandemic

The COVID-19 pandemic brought unprecedented changes across various industries, with the movie theater industry facing significant disruptions. After prolonged closures, new safety regulations, and the rapid rise of streaming platforms, theaters had to adapt to survive. Now, as we navigate 2024, let’s explore how movie theater attendance in the United States is faring in comparison to pre-pandemic levels and assess year-over-year trends. Despite the gradual return of audiences, the numbers show that attendance is still below pre-pandemic levels.
2 minutes
Advan Notable Hits: Bloomin' Brands, Inc. (BLMN)

Advan Notable Hits: Bloomin’ Brands, Inc. (BLMN)

Notable Hit 1: (BLMN:NASDAQ) On Tuesday May 7, 2024 Bloomin’ Brands, Inc. (BLMN) posted revenues of $1.2 bn missing the analysts estimate by 0.5% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 6.2% decrease YoY in foot traffic to its restaurant chains in Q1 2024; the company’s revenue decreased 4% YoY. The stock closed down 6.8% from previous day. Advan’s footfall data has a correlation of 0.
One minute
Advan Notable Hits: Caesars Entertainment, Inc. (CZR)

Advan Notable Hits: Caesars Entertainment, Inc. (CZR)

Notable Hit 1: (CZR:NASDAQ) On Tuesday April 30, 2024 Caesars Entertainment, Inc. (CZR) posted revenues of $2.74 bn missing the analysts estimate by 4% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 1% decrease YoY in foot traffic to its hotels and casinos in Q1 2024; the company’s revenue decreased 3% YoY. The stock closed down 3.8% from opening price. Advan’s footfall data has a correlation of 0.
One minute
The Changing Landscape of Office Attendance in 2023-2024

The Changing Landscape of Office Attendance in 2023-2024

As businesses navigate the post-pandemic world, the return to office (RTO) trends offer a fascinating glimpse into the evolving work culture across the United States. Data from Advan, the leading provider of accurate cellphone location data, reveals intriguing patterns in office foot traffic, shedding light on employee behaviors and corporate policies throughout 2023 and into early 2024. Last year began with a strong turnout, with January 2023 seeing a significant 37% increase in office visits compared to the previous year.
3 minutes
Advan Notable Hits: Chipotle Mexican Grill, Inc. (CMG)

Advan Notable Hits: Chipotle Mexican Grill, Inc. (CMG)

Notable Hit 1: (CMG:NYSE) On Thursday April 25, 2024 Chipotle Mexican Grill, Inc. (CMG) posted revenues of $2.7 bn surpassing the analysts estimate by 2% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 11% increase YoY in foot traffic to its stores in Q1 2024; the company’s revenue increased 14% YoY. The stock next day was trading up 2% from previous close. Advan’s footfall data has a correlation of 0.
One minute
Advan Notable Hits: Darden Restaurants, Inc. (DRI) & Destination XL Group, Inc. (DXLG)

Advan Notable Hits: Darden Restaurants, Inc. (DRI) & Destination XL Group, Inc. (DXLG)

Notable Hit 1: (DRI:NYSE) On Thursday March 21, 2024 Darden Restaurants, Inc. (DRI) posted revenues of $2.97 bn slightly missing the analysts estimate by 2% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 4.5% increase YoY in foot traffic to its stores in Q4 2023; the company’s revenue increase 6.8% YoY. Advan’s footfall data has a correlation of 0.95 on a YoY basis with DRI’s top-line revenue over the last 16 quarters.
One minute
Advan Notable Hits: Kohl's Corporation (KSS) & Ulta Beauty, Inc. (ULTA)

Advan Notable Hits: Kohl’s Corporation (KSS) & Ulta Beauty, Inc. (ULTA)

Notable Hit 1: (KSS:NYSE) On Tuesday March 12, 2024 Kohl’s Corporation (KSS) posted revenues of $5.96 bn surpassing the analysts estimate by 2.9% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 3.6% decrease YoY in foot traffic to its stores in Q4 2023; the company’s revenue decreased 1% YoY. The stock closed down 6.7% from previous closing. Advan’s footfall data has a correlation of 0.99 on a YoY basis with KSS’s top-line revenue over the last 16 quarters.
One minute
Advan Notable Hits: Burlington Stores (BURL) & Ross Stores (ROST)

Advan Notable Hits: Burlington Stores (BURL) & Ross Stores (ROST)

Notable Hit 1: (BURL:NYSE) On Thursday March 7, 2024 Burlington Stores, Inc. (BURL) posted revenues of $3.12 bn surpassing the analysts estimate by 4% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 6.7% increase YoY in foot traffic to its stores in Q4 2023; the company’s revenue increased 13.9% YoY. The stock opened up 7.8% from previous close. Advan’s footfall data has a correlation of 0.
One minute