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Advan Notable Hit: Darden Restaurants, Inc. (DRI)

Advan Notable Hit: Darden Restaurants, Inc. (DRI)

(DRI:NYSE) On Thursday September 23, 2021 Darden Restaurants, Inc. (DRI) posted better-than-expected revenues of $2.31bn beating the consensus estimate of $2.24bn (-3.1%) and in the same direction as Advan’s forecasted sales. The revenue was +51.2% YoY - Advan’s foot traffic data captured an increase in foot traffic of +56.4% YoY at its restaurants for Q1 2022. As a result of beating the sales and EPS, the stock opened at $159.34, up +6% from its previous day’s closing price and set an all-time high of $164.
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Advan Notable Hit: Dave & Buster's (PLAY) & Casey's (CASY)

Advan Notable Hit: Dave & Buster’s (PLAY) & Casey’s (CASY)

Notable Hit 1: (PLAY:NASDAQ) On Thursday September 9, 2021 Dave & Buster’s (PLAY) posted better-than-expected revenues of $377.64mm beating the consensus estimate of $356.8mm (-5.5%) and in the same direction as Advan’s forecasted sales. The revenue was +643% YoY - Advan’s foot traffic data captured an increase in foot traffic of +337% YoY at its restaurants and arcade games for Q2 2021. As a result of beating the sales and EPS, the stock opened at $39.
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Advan Notable Hit: Conn's (CONN)

Advan Notable Hit: Conn’s (CONN)

(CONN:NASDAQ) On Wednesday September 1, 2021 Conn’s, Inc. (CONN) posted better-than-expected revenues of $418.38mm beating the consensus estimate of 392.91mm (-6.09%) and in the same direction as Advan’s forecasted sales. The revenue was +14.02% YoY - Advan’s foot traffic data captured an increase in foot traffic of +6.08 % YoY at its stores for Q2 2021. As a result of beating the sales and EPS, the stock opened at $27.12, up +10.
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Advan Notable Hits: Brinker International, Inc. (EAT) & Ross Stores (ROST)

Advan Notable Hits: Brinker International, Inc. (EAT) & Ross Stores (ROST)

Notable Hit 1: (EAT:NYSE) On Wednesday August 17, 2021 Brinker International, Inc. (EAT) posted better-than-expected revenues of $1.08bn beating the consensus estimate of 987.45mm and in the same direction as Advan’s forecasted sales. The revenue was +79.1% YoY - Advan’s foot traffic data captured an increase in foot traffic of +136.1 % YoY at its restaurants. Advan’s footfall data has a correlation of 0.97 on a YoY basis with EAT’s top-line revenue over the last 14 quarters.
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Advan Notable Hits: Penn National Gaming (PENN) & Meritor (MTOR)

Advan Notable Hits: Penn National Gaming (PENN) & Meritor (MTOR)

Notable Hit 1: (PENN:NASDAQ) On Thursday August 5, 2021 Penn National Gaming, Inc. (PENN) posted better-than-expected revenues of $1.55bn beating the consensus estimate by +29.44% and in the same direction as Advan’s forecasted sales. The revenue was +406% YoY - Advan’s foot traffic data captured an increase in foot traffic of +337% YoY at its casino locations. Advan’s footfall data has a correlation of 0.99 on a YoY basis with PENN’s top-line revenue over the last 10 quarters.
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Advan Notable Hits: Avis (CAR), Eaton Corp (ETN) & Under Armour (UA)

Advan Notable Hits: Avis (CAR), Eaton Corp (ETN) & Under Armour (UA)

Notable Hit 1: (CAR:NASDAQ) On Tuesday August 3, 2021 Avis Budget Group, Inc. (CAR) posted better-than-expected revenues of $237bn beating the consensus estimate by 14% and in the same direction as Advan’s forecasted sales. The revenue was +212% YoY - Advan’s foot traffic data captured an increase in foot traffic of +120.38% YoY at Avis locations. Advan’s footfall data has a correlation of 0.97 on a YoY basis with CAR’s top-line revenue over the last 14 quarters.
2 minutes
Advan Notable Hit: Boyd Gaming (BYD)

Advan Notable Hit: Boyd Gaming (BYD)

(BYD:NYSE) On Wednesday July 28, 2021 Boyd Gaming (BYD) posted better-than-expected revenues of $893.6mm beating the consensus estimate of $780.4mm (-12.67%) and in the same direction as Advan’s forecasted sales. The revenue was +325.8% YoY - Advan’s foot traffic data captured an increase in traffic of +247.73% YoY at Boyd’s casinos. Advan’s footfall data has a correlation of 0.99 on a YoY basis with BYD’s top-line revenue over the last 10 quarters.
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Advan Notable Hit: Trinity Industries (TRN)

Advan Notable Hit: Trinity Industries (TRN)

(TRN:NYSE) On Thursday July 22, 2021 Trinity Industries (TRN) posted worse-than-expected revenues of $371.3mm missing the consensus estimate of $437mm (-15%) and in the same direction as Advan’s forecasted sales. The revenue was -27% YoY - Advan’s foot traffic data captured a decrease in traffic of -9% YoY at Trinity’s factories. Advan’s footfall data has a correlation of 0.9 on a YoY basis with TRN’s top-line revenue over the last 10 quarters.
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European Sporting Events Approaching Normality

European Sporting Events Approaching Normality

The necessarily misnamed “Euro 2020”, one of the largest soccer competitions worldwide, had to be postponed until June 2021 due to pandemic restrictions. The winner of the European Championship was Italy after beating England 3-2 in the final on penalties. Webley Stadium in London hosted the semi-finals as well as the final on 7/6, 7/7 and 7/11 respectively. We employed our international data to see whether the European sporting events are heading back to normality.
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Advan Notable Hit: Delta Airlines (DAL)

Advan Notable Hit: Delta Airlines (DAL)

(DAL:NYSE) On Wednesday July 14, 2021 Delta Air Lines, Inc. (DAL) posted better-than-expected revenues of $7.13bn surpassing the consensus estimate of $6.1bn (-14.36%) and in the same direction as Advan’s forecasted sales. The revenue was +385.42% YoY - Advan’s foot traffic data captured an increase in traffic of +326.23% YoY at Terminals where Delta operates. Advan’s footfall data has a correlation of 1.0 on a YoY basis with Delta’s top-line revenue over the last 14 quarters.
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