LOGINNotable Hit 1: (PLNT:NYSE) On Tuesday August 6, 2024 Planet Fitness, Inc. (PLNT) posted revenues of $300.94 mm surpassing the analysts estimate by 3.5% and in the same direction as Advan's forecasted sales. Advan's data showed a 5.5% increase YoY in foot traffic to its fitness centers in Q2 2024; the company's revenue increased 5.1% YoY. As a result, the stock closed +6% from previous close. Advan's footfall data has a correlation of 0.96 on a YoY basis with PLNT's top-line revenue over the last 17 quarters.
Notable Hit 2: (SBH:NYSE) On Thursday August 8, 2024 Sally Beauty Holdings, Inc. (SBH) posted revenues of $942.34 mm surpassing the analysts estimate by 0.9% and in the same direction as Advan's forecasted sales. Advan's data showed a 3.4% increase YoY in foot traffic to its stores in Q2 2024; the company's revenue increased 1.2% YoY. As a result, the stock next day opened +12.5% from previous close. Advan's footfall data has a correlation of 0.94 on a YoY basis with SBH's top-line revenue over the last 17 quarters.
Notable Hit 3: (BLMN:NYSE) On Tuesday August 6, 2024 Bloomin' Brands, Inc. (BLMN) posted revenues of $1,119 mm missing the analysts estimate by 0.9% and in the same direction as Advan's forecasted sales. Advan's data showed a 4.1% decrease YoY in foot traffic to its restaurants in Q2 2024; the company's revenue decreased 2.9% YoY. As a result, the stock closed -7.1% from previous close. Advan's footfall data has a correlation of 0.97 on a YoY basis with BLMN's top-line revenue over the last 18 quarters.
Notable Hit 4: (DIN:NYSE) On Wednesday August 7, 2024 Dine Brands Global, Inc. (DIN) posted revenues of $206.27 mm missing the analysts estimate by 2.3% and in the same direction as Advan's forecasted sales. Advan's data showed a 0.95% decrease YoY in foot traffic to its restaurants in Q2 2024; the company's revenue decreased 1.03% YoY. As a result, the stock closed -4.6% from previous close. Advan's footfall data has a correlation of 0.97 on a YoY basis with DIN's top-line revenue over the last 18 quarters.
Notable Hit 5: (WYNN:NASDAQ) On Tuesday August 6, 2024 Wynn Resorts, Limited (WYNN) posted revenues of $1,732.9 bn surpassing the analyst estimates by 16% and in the same direction as Advan's forecasted sales. Advan's data showed a 2.1% increase YoY in foot traffic across all of its resorts in Q2 2024; the company's revenue increased 8.6% YoY. As a result, the stock closed +2.9% frin previous close. Advan's footfall data has a correlation of 0.93 on a YoY basis with WYNN's top-line revenue over the last 18 quarters.
Notable Hit 6: (HLT:NYSE) On Wednesday August 7, 2024 Hilton Worldwide Holdings Inc. (HLT) posted revenues of $2,951 bn surpassing the analyst estimates by 0.7% and in the same direction as Advan's forecasted sales. Advan's data showed a 3.8% increase YoY in foot traffic across all of its hotels in Q2 2024; the company's revenue increased 10.5% YoY. Advan's footfall data has a correlation of 0.90 on a YoY basis with HLT's top-line revenue over the last 18 quarters.
