Notable Hit 1: (ROST:NASDAQ) On Thursday November 19 , 2021 Ross Stores, Inc. (ROST) posted better-than-expected revenues of $4.57bn beating the consensus estimate of $4.31bn or by 6% and in the same direction as Advan’s forecasted sales. The revenue was up 22% YoY - Advan’s foot traffic data captured an increase in foot traffic of +32% YoY at its stores for Q3 2021. Advan’s footfall data has a correlation of 0.

Advan has been flagging an unprecedented demand in gasoline as early as February 2021. Unsurprisingly, gasoline prices have been following traffic (ie demand) at the gas stations in lockstep, since we have started tracking gas station traffic in 2016. The graph below shows gasoline prices overlaid with Advan Miles Driven index: We can speculate about the reasons for the surge in demand: more people are driving to work instead of using mass transit; more are traveling by car instead of flying when possible; more are just not working or taking trips when they can; people moved out of city centers where they didn’t regularly use a car and are now driving for groceries, run errands etc.

The US borders finally opened on November 8. Did that result in a material influx of tourists that will help increase hotel and retail traffic? Not yet… Let’s review 5 airports that showcase both domestic and international travel: LAX and ORD (Chicago O’Hare) that capture international visitors from the Asia-Pacific region, and JFK and EWR (Newark) that capture traffic from Europe; plus LGA (LaGuardia) which has mostly domestic traffic for comparison.

Notable Hit : (WYNN:NASDAQ) On Tuesday November 9 , 2021 Wynn Resorts (WYNN) posted better-than-expected revenues of $994.6mm beating the consensus estimate of $135.09 (-3.7%) and in the same direction as Advan’s forecasted sales. The revenue was +168% YoY - Advan’s foot traffic data captured an increase in foot traffic of +86% YoY at its US and 83% YoY increase at Macau resorts for Q3 2021. Advan’s footfall data has a correlation of 0.

Automotive is one of the industries that has been struggling with chip shortages, supply chain issues and labor shortages for months now. But do all the carmakers struggle at the same level? To answer the question, we employed Advan’s foot traffic data for two US automakers and one Japanese: Ford (F), General Motors (GM) and Toyota (TM) respectively. Starting with Toyota, the largest manufacturer in the world by the number of units produced, we see that the total number of employees each month does not fluctuate considerably after the sharp drop in the early months of the pandemic.

Notable Hit 1: (PLNT:NYSE) On Thursday November 5 , 2021 Planet Fitness (PLNT) posted better-than-expected revenues of $154.26mm beating the consensus estimate of $135.09 (-14.2%) and in the same direction as Advan’s forecasted sales. The revenue was +46.4% YoY - Advan’s foot traffic data captured an increase in employee foot traffic of +58.7% YoY at its fitness clubs for Q3 2021. As a result of beating the sales and EPS, the stock opened at $91.

Workers at Deere & Co. (DE), the world’s top agriculture equipment manufacturer, walked out of its factories to demand better pay and health benefits, a move that had not be seen in over 30 years, and while the company is on track for its most successful year ever. The strike started on Oct. 14 with about 10,000 employees or about 15% of Deere’s workforce (according to Bloomberg ), refusing to work in an effort to change their contracts.

Notable Hit 1: (ECL:NYSE) On Tuesday October 26 , 2021 Ecolab Inc. (ECL) posted better-than-expected revenues of $3.32bn beating the consensus estimate of $3.28bn (-1.27%) and in the same direction as Advan’s forecasted sales. The revenue was +10% YoY - Advan’s foot traffic data captured an increase in employee foot traffic of +3.3% YoY at its factories for Q3 2021. As a result of beating the sales and EPS, the stock closed at $230.

Notable Hit 1: (TSCO:NASDAQ) On Thursday October 21 , 2021 Tractor Supply Company (TSCO) posted better-than-expected revenues of $3.017bn beating the consensus estimate of $2.84bn (-6.2%) and in the same direction as Advan’s forecasted sales. The revenue was +15.8% YoY - Advan’s foot traffic data captured an increase in foot traffic of +25% YoY at its locations for Q3 2021. As a result of beating the sales and EPS, the stock opened at $211.

Migration and population trends for September 2021 are in. We are starting to see a slow return back to base, meaning residents returning to urban locations. But it is a slow process and by no means complete yet. Here are a few representative graphs that illustrate the point. Resident moves from May to September 2021 show a slight increase of residents in the Northeast (New York to Massachusetts), Southeast, Northwest and (less so) in the Southwest coasts.