Paul Cerro's avatar
$18.3m follower assets
Fashion resale market a big opportunity
The news: On Earth Day, April 22, lululemon athletica will expand its Like New trade-in and resale program nationwide.

  • The program, which is launching after a two-state pilot run last year, allows shoppers to trade in lululemon clothing such as pants, shorts, and jackets for an egift card. The retailer is also featuring an assortment of gently used lululemon items online.
  • A number of companies, including Another Tomorrow, Cuyana, Moda Operandi, Target, and Urban Outfitters, have also recently launched resale initiatives by teaming up with a partner, such as technology provider Trove Recommerce, luxury bag and accessories reseller Rebag, or online consignment store thredUP.

Expect this year to be a banner year for online fashion resale, with year-over-year sales growth of 46.6% reaching $15.50 billion thanks in part to more prominent retailers entering the space.

  • Forecasts project resale’s share of retail ecommerce apparel and accessories sales will rise from 6.0% in 2021 to 10.0% in 2025.

The news:
  • The program, which is launching after a two-state pilot run last year, allows shoppers to trade in lululemon clothing such as pants, shorts, and jackets for an egift card. The retailer is also featuring an assortment of gently used lululemon items online.
  • A number of companies, including Another Tomorrow, Cuyana, Moda Operandi, Target, and Urban Outfitters $URBN, have also recently launched resale initiatives by teaming up with a partner, such as technology provider Trove Recommerce, luxury bag and accessories reseller Rebag, or online consignment store thredUP $TDUP.

More on this: Expect this year to be a banner year for online fashion resale, with year-over-year sales growth of 46.6% reaching $15.50 billion thanks in part to more prominent retailers entering the space.
  • Forecast projects resale’s share of retail ecommerce apparel and accessories sales will rise from 6.0% in 2021 to 10.0% in 2025.

A focus on sustainability: Online fashion resale benefits from consumers’ growing interest in sustainability—particularly among younger consumers.
  • Nearly 50% of millennials and 38.4% of Gen Z shoppers consider sustainability “very important,” per a 2021 Composed and MaCher survey.
  • The growth in online fashion resale will be driven in part by the growing discretionary incomes of younger consumers, as well as a flood of retailers entering the space. That means there are more used goods available online to attract consumers to resale.
  • Resale platforms also benefit from flywheel effects, as buyers become sellers and vice versa.
  • Expecting annual average sales per buyer via online fashion resale marketplaces will more than double between 2021 and 2025.

The brand advantage: The initiatives by retailers such as lululemon $LULU can reassure consumers that the items they purchase are authentic and of a high quality. $REAL
  • That gives brands an advantage over peer-to-peer marketplaces, said Sky Canaves, eMarketer principal analyst at Insider Intelligence. “Brands can more easily gain consumer trust by guaranteeing the authenticity and condition of their secondhand offerings,” she said. “Resale can also improve relationships with consumers over the long term if brands can offer a consistent shopper experience for both new and used goods.”

The big takeaway: The resale market offers an enticing opportunity for brands to demonstrate their sustainability bona fides at the same time they’re opening up new revenue streams.
post mediapost media
Good morning contrarians! We aren’t out of the woods on Russia-Ukraine, or even close. As discussed yesterday, the Russian economy is very much behind the 8-ball and Biden could announce further sanctions in his State of the Union Speech tonight.

The conflict has impacted commodity supply chains pretty significantly, especially where Europe’s energy needs are concerned. If nothing else, it looks like buying any dip in commodities or commodity-related securities may be a wise move.

We also have retailers reporting earnings today, with Target ($TGT) just beating EPS but falling short of revenue estimates. Later we’ll hear from Kohl’s ($KSS), Nordstrom ($JWN), Ross Stores ($ROST), AutoZone ($AZO), and Urban Outfitters ($URBN). We also have Salesforce.com ($CRM), Baidu ($BIDU), Domino’s ($DPZ), Wendy’s ($WEN), JM Smucker ($SJM), and Hewlett Packard ($HPE). This all makes for a pretty busy earnings day that will in all likelihood be overshadowed by Russia-Ukraine.

Upcoming Earnings Calendar (Feb 28th - Mar 4th)
Hey guys! Here's the upcoming earnings calendar! Two of my holdings, $SE and $SOFI report next week, so I'll be paying significant attention to both. Other than that, I'm also interested in seeing what retailers like $TGT $BBY and $COST have to say about supply chain issues and inflation.

Good luck to everyone!

If you'd like an easier way to track earnings dates, you can automatically sync your portfolio's earning dates to your personal calendar with just a couple of clicks here.

MON:


TUE:


WED:


THU:


FRI:
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Consumer Goods Still In High Demand
In this week's Fincredible MacroTalk, we go over retailers' earnings calls to get a sense of the strength of the US consumer.

In the past few weeks, companies like $WMT, $TGT, and $BBY reported strong volume sales despite higher inflation, the end of government stimulus, and a shift in spending towards services. While these results appear to show a strong consumer and robust demand for goods, there's also the possibility that some of it can be attributed to early holiday shopping.

Here are four quotes on what these companies are seeing:





If you'd like to read the whole post, here's the link: Fincredible MacroTalk.

Clothing Retailers Reporting Strong Sales
Several clothing retailers reported earnings this week. Reactions to their results were mixed, but the general trend regarding sales was positive.

Consumers seem to be in a healthy position, buying more than before the pandemic. Abercrombie & Fitch even had its best Q3 in terms of sales since 2014!

Here are the full quotes in case you're interested:





What We’re Watching Next Week

A holiday-shortened week in the U.S. but a lot is packed into three days

Monday: PBOC interest rate decision. Earnings from $ZM $URBN

Tuesday: Existing home sales, PMIs, $BBY $GPS $DKS $JACK $DLTR report earnings

Wednesday: PCE data, new home sales, initial jobless claims, FOMC minutes
Upcoming Earnings Calendar, Nov 22-27
A very light earnings week up ahead. I'm mostly interested in Zoom $ZM. I think the stock's valuation is starting to make some sense if they can continue growing their paid user base or adding other features. I'm also interested in seeing what Best Buy $BBY has to say about the consumer demand for electronics and some comments on supply chain issues.

Remember, if you'd like an easier way to track earnings dates, you can automatically sync your portfolio's earning dates to your personal calendar with just a couple of clicks here.

Monday

Tuesday:

Wednesday:

Thursday:

Friday:
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Why would two companies announce on an American holiday when the markets not open, then why would you announce on the day after a holiday, when it's a short trading day. Some companies just make wonder about commonsense.
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Eric Pelnik's avatar
$266.8m follower assets
Earnings this week
📞Which calls are you most excited about?

Monday, May 24th
$API Agora
$PLUG Plug Power

Tuesday, May 25th
$AZO AutoZone
$CBRL Cracker Barrel
$URBN Urban Outfitters
$INTU Intuit
$JWN Nordstrom
$ZS Zscaler

Wednesday, May 26th
$ANF Abercrombie & Fitch
$AEO American Eagle
$NVDA Nvidia
$DKS Dick's Sporting Goods
$ZUO Zuora
$SNOW Snowflake
$PSTG Pure Storage
$PDD Pinduoduo
$WSM Williams-Sonoma
$WDAY Workday
$OKTA Okta

Thursday, May 27th
$PLAN Anaplan
$ADSK Autodesk
$ULTA Ulta Beauty
$BBY Best Buy Co
$BOX Box
$DG Dollar General
$COST Costco Wholesale
$DOMO Domo
$DLTR Dollar Tree
$GPS Gap
$HPQ HP
$YEXT Yext
$CRM Salesforce
$VMW VMWare

Friday, May 28th
$BIG Big Lots

Sources: Business Insider, Google Finance, Yahoo Finance
$CRWD Looking for an overdue bullish move

$COST Hoping for a pullback to re-enter at a better cost basis

Bystander interest in several others 😊
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Eric Pelnik's avatar
$266.8m follower assets
Earnings this week
Which calls are you most interested in listening to?

Monday, March 1st
$APPF AppFolio
$ZM Zoom Video
$WKHS Workhorse Group
$LMND Lemonade
$MELI MercadoLibre

Tuesday, March 2nd
$BOX Box Inc
$HPE Hewlett Packard
$TGT Target Corp
$FUBO Fubotv
$URBN Urban Outfitters
$JWN Nordstrom
$VEEV Veeva Systems
$SE Sea
$AZO Autozone

Wednesday, March 3rd
$RRGB Red Robin Gourmet Burgers
$WEN Wendys
$DLTR Dollar Tree
$VRM Vroom
$SNOW Snowflake
$SPLK Splunk
$YEXT Yext
$OKTA Okta

Thursday, March 4th
$KR Kroger
$COST Costco
$GPS Gap
$MDLA Medallia
$SDC SmileDirectClub

Friday, March 5th
$BIG Big Lots

Sources: Business Insider, Google Finance, and Yahoo Finance
MONDAY : ZM MELI LMND
TUES : HPE TGT VEEV SE AZO URBN
WED : WEN DLTR SPLK OKTA SNOW
THURS : KR COST GPS SDC
FRI : BIG
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