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

Advan Hits: EAT correlation traffic vs revenue

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...

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

Advan Hits: PENN correlation traffic vs revenue

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...

As Delta Variant Picks Up, Airline Foot Traffic Pulls Back?

August 12, 2021 By Peter Ripperger Tags: Travel, COVID-19
Southwest Airlines vs All US airports

As people start to feel the threat of the new Delta Variant, Southwest Airlines is experiencing its effect firsthand. The COVID-19 pandemic shut down airports worldwide and Southwest was no exception, seeing an 89.65% decrease in foot traffic as measured by Advan between April 2019 and April...

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

Advan Hits: AVIS correlation traffic vs revenue

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...

Advan Notable Hit: Boyd Gaming (BYD)

Advan Hits: BYD correlation traffic vs revenue

(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...

Grocery and Big Box Stores Steady Out

July 26, 2021 By Peter Ripperger Tags: retail, COVID-19
Groceries vs Big box stores MoM

While the world seemingly shut down when the COVID-19 pandemic hit, grocery stores had a steadier path than the rest of the economy. On the other hand, many big box stores like Target, Costco, and Walmart, experienced a bit more volatility with higher highs, but also lower lows. Big box stores saw...

Advan Notable Hit: Trinity Industries (TRN)

Advan Hits: TRN correlation traffic vs revenue

(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...

European Sporting Events Approaching Normality

Euro 2020 - Attendance

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...

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