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Tracking the Impact of the Dockworkers Strike with Location Data Insights

Tracking the Impact of the Dockworkers Strike with Location Data Insights

With the dockworkers’ strike that started at midnight disrupting port operations across the East and Gulf Coasts, it’s essential to understand how this will affect the flow of goods into and out of the U.S. Ports are critical infrastructure points, and the impact of strikes or delays can reflect across industries. This is where Advan’s location data offers a crucial lens for tracking foot traffic at major ports, providing almost real-time insights into how these disruptions play out across the economy.
3 minutes
The Power of Location Intelligence in Retail

The Power of Location Intelligence in Retail

Key Takeaways Tap into the minds of your customers: Location intelligence provides invaluable insights to the retailers. Design stores that sell: Optimize layouts to make shopping a breeze. Create a seamless shopping experience: Integrate online and offline for a unified customer journey. Outsmart your competitors: Use location intelligence to find opportunities and stay ahead of the curve. Imagine walking into a store where the shelves are stocked with exactly what you want, and the layout feels like it was designed just for you.
6 minutes
Advan Notable Hits: Darden Restaurants (DRI)

Advan Notable Hits: Darden Restaurants (DRI)

Notable Hit 1: (DRI:NYSE) On Thursday September 19, 2024 Darden Restaurants, Inc. (DRI) posted revenues of $2.76 bn missing the analysts estimate by 1.7% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 1.5% increase YoY in foot traffic across all of its restaurant chains in Q2 2024; the company’s revenue increased 1% YoY. The stock opened +9% from previous close. Advan’s footfall data has a correlation of 0.
One minute
How AI Forecasting Transforms Business Revenue Predictions

How AI Forecasting Transforms Business Revenue Predictions

Key Takeaways AI Revenue Forecasting Enhances Precision By leveraging advanced algorithms and real-time data, AI forecasting provides more accurate and actionable revenue predictions, surpassing the limitations of traditional forecasting methods. Real-Time Adjustments for Dynamic Market Changes Unlike static models, AI-driven forecasts are continuously updated with new data, allowing businesses to quickly adapt to market fluctuations and make informed decisions in real time. Ability to Analyze Large, Complex Datasets AI forecasting can process vast amounts of data, integrating multiple variables such as economic indicators, consumer behavior, and market trends, which helps deliver more comprehensive and precise predictions.
9 minutes
Advan Notable Hits: Dave & Buster's (PLAY) & Shoe Carnival (SCVL)

Advan Notable Hits: Dave & Buster’s (PLAY) & Shoe Carnival (SCVL)

Notable Hit 1: (PLAY:NASDAQ) On Tuesday September 5, 2024 Dave & Buster’s Entertainment, Inc. (PLAY) posted revenues of $557.1 mm missing the analysts estimate by 1.9% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 4.1% increase YoY in foot traffic to its stores in Q2 2024; the company’s revenue increased 2.8% YoY. The stock next day opened +14.7% from previous close. Advan’s footfall data has a correlation of 0.
One minute
Advan Notable Hits: Nordstrom, Burlington, Five Below & American Eagle

Advan Notable Hits: Nordstrom, Burlington, Five Below & American Eagle

Notable Hit 1: (JWN:NYSE) On Tuesday August 27, 2024 Nordstrom, Inc. (JWN) posted revenues of $3.89 bn surpassing the analysts estimate by 0.4% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 5.7% increase YoY in foot traffic to its stores in Q2 2024; the company’s revenue increased 3.1% YoY. As a result, the stock next day was +9% from previous close. Advan’s footfall data has a correlation of 0.
2 minutes
Advan Notable Hits: TJX Companies (TJX) & Ross Stores (ROST)

Advan Notable Hits: TJX Companies (TJX) & Ross Stores (ROST)

Notable Hit 1: (TJX:NYSE) On Wednesday August 21, 2024 The TJX Companies, Inc. (TJX) posted revenues of $13.48 bn surpassing the analysts estimate by 1.2% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 8.9% increase YoY in foot traffic across all of its retail chains in Q2 2024; the company’s revenue increased 5.6% YoY. As a result, the stock closed +6% from previous close. Advan’s footfall data has a correlation of 0.
One minute
Advan Notable Hits: Brinker International (EAT)

Advan Notable Hits: Brinker International (EAT)

Notable Hit 1: (EAT:NYSE) On Wednesday August 14, 2024 Brinker International, Inc. (EAT) posted revenues of $1.21 bn surpassing the analysts estimate by 6.1% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 6.9% increase YoY in foot traffic across all of its restaurant chains in Q2 2024; the company’s revenue increased 12.3% YoY. Advan’s footfall data has a correlation of 0.94 on a YoY basis with EAT’s top-line revenue over the last 17 quarters.
One minute
Advan Notable Hits: Planet Fitness, Sally Beauty, Bloomin' Brands, Wynn Resorts, Hilton

Advan Notable Hits: Planet Fitness, Sally Beauty, Bloomin’ Brands, Wynn Resorts, Hilton

Notable 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.
3 minutes
Advan Notable Hits: Caesars, The Cheesecake Factory, Shake Shack, Denny's, Marriott

Advan Notable Hits: Caesars, The Cheesecake Factory, Shake Shack, Denny’s, Marriott

Notable Hit 1: (CZR:NASDAQ) On Tuesday July 30, 2024 Caesars Entertainment, Inc. (CZR) posted revenues of $2.83 bn missing the analysts estimate by 1.7% and in the same direction as Advan’s forecasted sales. Advan’s data showed a 2.3% decrease YoY in foot traffic to its casino resorts in Q2 2024; the company’s revenue decreased 1.7% YoY. Advan’s footfall data has a correlation of 0.97 on a YoY basis with CZR’s top-line revenue over the last 18 quarters.
2 minutes