Advan Notable Hits: THOR Industries, Inc. (THO),Ollie's Bargain (OLLI) & Signet Jewelers Limited (SIG)

Notable Hit 1: (THO:NYSE) On Tuesday June 6, 2023 THOR Industries, Inc. (THO) posted revenues of $2.93 bn following the same direction as Advan's forecasted sales. The revenue decreased 37.1% YoY - in line with Advan's foot traffic data increase of 41.8% YoY at its manufacturing facilities in Q1 2023. Advan's footfall data have a correlation of 0.99 on a YoY basis with THO's top-line revenue over the last 13 quarters.

Advan Hits: THO correlation traffic vs revenue

Notable Hit 2: (OLLI:NYSE) On Wednesday June 7, 2023 Ollie's Bargain Outlet Holdings, Inc. (OLLI) posted revenues of $459.15 mm beating the mean analyst estimates by +1.22% and in the same direction as Advan's forecasted sales. The revenue increased 12.9% YoY and in line with Advan's foot traffic data increase of 11.4% YoY at its stores in Q1 2023. Advan's foot traffic data has a correlation of 0.93 on a YoY basis with OLLI's top-line revenue over the last 15 quarters.

Advan Hits: OLLI correlation traffic vs revenue

Notable Hit 3: (SIG:NYSE) On Thursday June 8, 2023 Signet Jewelers Limited (SIG) posted revenues of $1.7 bn following the same direction as Advan's forecasted sales. The revenue decreased 9.2% YoY and in line with Advan's foot traffic data decrease of 8.4% YoY at its stores in Q1 2023. The stock opened down 12% from previous close. Advan's vehicle data has a correlation of 0.86 on a YoY basis with M's top-line revenue over the last 13 quarters.

Advan Hits: SIG correlation traffic vs revenue

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.