LOGINNotable Hit 1: (PCAR:NASDAQ) On Tuesday April 26, 2022 PACCAR Inc (PCAR) posted better-than-expected revenues of $6.47bn surpassing the consensus estimate of $5.91bn or by +8.6% and in the same direction as Advan's forecasted sales. The revenue was up 10.7% YoY and in line with Advan's employee foot traffic data increase of 7% YoY at its factories for Q1 2022. Advan's footfall data has a correlation of 0.97 on a YoY basis with PCARs top-line revenue over the last 13 quarters.
Notable Hit 2: (SKX:NYSE) On Tuesday April 26, 2022 Skechers U.S.A., Inc. (SKX) posted better-than-expected revenues of $1.82bn surpassing the consensus estimate of $1.7bn or by +6.5% and in the same direction as Advan's forecasted sales. The revenue was up 27.4% YoY and in line with Advan's foot traffic data increase of 12% YoY at its stores for Q1 2022. As a result of beating the sales and EPS the stock next day opened at $39.38, +5.3% from previous close. Advan's footfall data has a correlation of 0.98 on a YoY basis with SKXs top-line revenue over the last 13 quarters.
