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Advan Notable Hits:Hormel Foods Corporation (HRL)

Advan Notable Hits:Hormel Foods Corporation (HRL)

Notable Hit 1: (HRL:NYSE) On Thursday August 31, 2023 Hormel Foods Corporation (HRL) posted revenues of $2.963 bn missing the mean analyst estimates of $3.07 bn and in the same direction as Advan’s forecasted sales. The revenue decreased 2.3% YoY- following Advan’s foot traffic data decrease of 4.3% YoY at its production facilities in Q2 2023 fiscal. As a result the stock closed down 2.7% from previous close. Advan’s footfall data has a correlation of 0.
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Advan Notable Hits:Dave & Buster's (PLAY) & Express, Inc. (EXPR)

Advan Notable Hits:Dave & Buster’s (PLAY) & Express, Inc. (EXPR)

Notable Hit 1:(PLAY:NYSE) On Wednesday September 6, 2023 Dave & Buster’s (PLAY) posted revenues of $542.1 mm following the same direction as Advan’s forecasted sales. The revenue increased 15.7% YoY-following Advan’s foot traffic data increase of 22% YoY across its restaurants in Q2 2023 fiscal. Advan’s footfall data have a correlation of 0.99 on a YoY basis with PLAY’s top-line revenue over the last 14 quarters. Notable Hit 2: (EXPR:NYSE) On Wednesday September 6, 2023 Express (EXPR) posted revenues of $435.
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Advan Notable Hits:The TJX Companies, Inc. (TJX)

Advan Notable Hits:The TJX Companies, Inc. (TJX)

Notable Hit 1: (TJX:NYSE) On Wednesday August 16, 2023 The TJX Companies, Inc. (TJX) posted revenues of $12.76 bn beating the mean analyst estimates of $12.39 bn and in the same direction as Advan’s forecasted sales. The revenue increased 7.7% YoY - following Advan’s foot traffic data increase of 13.4% YoY across all of its stores in Q2 2023. Advan’s footfall data have a correlation of 0.97 on a YoY basis with TJX’s top-line revenue over the last 14 quarters.
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Advan Notable Hits:PENN Entertainment (PENN),AMC Entertainment (AMC) & Shake Shack Inc. (SHAK)

Advan Notable Hits:PENN Entertainment (PENN),AMC Entertainment (AMC) & Shake Shack Inc. (SHAK)

Notable Hit 1: (PENN:NASDAQ) On Wednesday August 9, 2023 PENN Entertainment, Inc. (PENN) posted revenues of $1.67 bn beating the mean analyst estimates of $1.66 bn and in the same direction as Advan’s forecasted sales. The revenue increased 2.9% YoY - following Advan’s foot traffic data increase of 4.7% YoY at its casinos in Q2 2023. Advan’s footfall data have a correlation of 0.99 on a YoY basis with PENN’s top-line revenue over the last 15 quarters.
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Advan Notable Hits:MGM Resorts (MGM),Bloomin' Brands (BLMN),Skechers (SKX),Hertz (HTZ) & Texas Roadhouse (TXRH)

Advan Notable Hits:MGM Resorts (MGM),Bloomin’ Brands (BLMN),Skechers (SKX),Hertz (HTZ) & Texas Roadhouse (TXRH)

Notable Hit 1: (MGM:NYSE) On Wednesday August 2, 2023 MGM Resorts International (MGM) posted revenues of $3.94 bn beating the mean analyst estimates of $3.79 bn and in the same direction as Advan’s forecasted sales. The revenue increased 20% YoY - in line with Advan’s foot traffic data increase of 2.1% YoY at its resorts in Q2 2023 fiscal. Advan’s footfall data have a correlation of 0.99 on a YoY basis with MGM’s top-line revenue over the last 14 quarters.
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Advan Notable Hits: BJ's Restaurants (BJRI), Monro (MNRO), Hilton (HLT) & Old Dominion Freight (ODFL)

Advan Notable Hits: BJ’s Restaurants (BJRI), Monro (MNRO), Hilton (HLT) & Old Dominion Freight (ODFL)

Notable Hit 1: (BJRI:NASDAQ) On Thursday July 27, 2023 BJ’s Restaurants, Inc. (BJRI) posted revenues of $349.67 mm beating the mean analyst estimates of $349.37 mm and in the same direction as Advan’s forecasted sales. The revenue increased 6.1% YoY - in line with Advan’s foot traffic data increase of 23.1% YoY at its restaurants in Q2 2023 fiscal. As a result, next day the stock price jumped over 12% from previous close.
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Advan Notable Hits: Abbott Laboratories (ABT)

Advan Notable Hits: Abbott Laboratories (ABT)

Notable Hit: (ABT:NYSE) On Thursday July 20, 2023 Abbott Laboratories (ABT) posted revenues of $9.98 bn beating the mean analyst estimates of $9.69 bn and in the same direction as Advan’s forecasted sales. The revenue decreased 11.36% YoY - in line with Advan’s employee foot traffic data decrease of 7.36% YoY including all of its subsidiaries and manufacturing facilities in Q2 2023 fiscal. Advan’s footfall data have a correlation of 0.
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Advan Notable Hits: NIKE, Inc. (NKE)

Advan Notable Hits: NIKE, Inc. (NKE)

Notable Hit 1: (NKE:NYSE) On Thursday June 29, 2023 NIKE, Inc. (NKE) posted revenues of $12.83 bn beating the mean analyst estimates of $12.56 bn and in the same direction as Advan’s forecasted sales. The revenue increased 4.8% YoY - in line with Advan’s foot traffic data increase of 1% YoY across all of its Nike stores and its subsidiaries including Converse, in Q4 2022 fiscal. Advan’s footfall data have a correlation of 0.
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Advan Notable Hits: Darden Restaurants, Inc. (DRI) & Winnebago Industries, Inc. (WGO)

Advan Notable Hits: Darden Restaurants, Inc. (DRI) & Winnebago Industries, Inc. (WGO)

Notable Hit 1: (DRI:NYSE) On Thursday June 22, 2023 Darden Restaurants, Inc. (DRI) posted revenues of $2.77 bn beating the mean analyst estimates of $2.76 bn and in the same direction as Advan’s forecasted sales. The revenue increased 6% YoY - in line with Advan’s foot traffic data increase of 1% YoY across all of its restaurant chains in Q4 2023 fiscal. Advan’s footfall data have a correlation of 0.97 on a YoY basis with DRI’s top-line revenue over the last 16 quarters.
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Advan Notable Hits: Kirkland's, Inc. (KIRK)

Advan Notable Hits: Kirkland’s, Inc. (KIRK)

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. Follow us on Twitter and LinkedIn .
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