Restoration Hardware: 2Q26 Immediate Call Postmortem
They might have beat revenue and earnings this quarter, but we also got a necessary guide down for the rest of the year.
Lululemon: 2Q26 Immediate Call Postmortem
Setting Heidi up to win is one thing. And boy did Meghan and Andre say many things that made it sound like the wheels have fallen off the bus.
Williams Sonoma: 2Q26 Immediate Call Postmortem
Laura believes that they have now proven the business can succeed regardless of the housing market. Home furnishings industry was essentially flat during the quarter, so all their growth was market share gains.
Dick’s Sporting Goods: 2Q26 Immediate Call Postmortem
Inventory levels building up across parts of the industry (specifically called out “legacy footwear” and “apparel franchises” that aren’t resonating the way it once did), leading to a promotional environment. Athletes increasingly responding to newness, innovation, and “a broader set of brands”.
Target Corp: 2Q26 Immediate Call Postmortem
“Broad based strength” is the headline that Fiddelke leads with on many fronts: guest demographics, categories, cadence, etc. “Continuing to invest in newness, convenience, and an elevated shopping experience”.
Amer Sports 2Q26 Immediate Call Postmortem
What is there to say other than wow. Difficult to criticize anything for this quarter.
Wolverine Worldwide 2Q26 Immediate Call Postmortem
After than On debacle earlier this week, is Wolverine Worldwide the only footwear company left that’s seemingly not facing problems in the US? The main word being used by management is “confidence”.
On Holding AG 2Q26 Immediate Call Postmortem
Well it had to happen at some point: On finally feels pressure from the “heavily promotional environment”. Clearly management previously thought the brand an immune unicorn or else they wouldn’t be guiding revenue down today.
Nike 4Q26 Immediate Call Postmortem
“The real story isn’t the celebration. The real story is everything it took to get there.”
Restoration Hardware 1Q26 Immediate Call Postmortem
Gary sounded a lot more upbeat right off the bat. Still a ton of “trust me” for a guy that has said that for many years now only to not deliver on anything new in over a decade (international in particular).
Academy Sports 1Q26 Immediate Call Postmortem
Bit surprised by the stock strength as quarter itself largely non-event on topline given updated guidance heading into the investor day awhile back – management stated quarter came in as expected.
Williams Sonoma: 1Q26 Immediate Call Postmortem
The answer to Sigman’s question probably sums everything up: Seeing broad based comp levers and very excited to see it across channels. Thrilled to see furniture recovering.
Deckers Brands 4Q26 Immediate Call Postmortem
Double digit revenue growth with 20%+ EBIT margins and the stock trades at 13x on sandbagged earnings? Can the bears remind me once again why they hate this stock?
VF Corp 4Q26 Immediate Call Postmortem
Bracken explicitly communicated these takeaways: Return to growth in FY26 and expect to keep growing in FY27. Seeing tangible signs of momentum at Vans, led by Americas DTC.
Amer Sports 1Q26 Immediate Call Postmortem
Best quarterly growth rate as a public company. Must admit, was expecting law of large numbers to eventually start catching up to them at some point but seems the opposite is occurring.
Under Armour 4Q26 Immediate Call Postmortem
Is Kevin intentionally trying to sink the stock price to take the company private? He sounded more clinical on this call (normally more inspirational), like he was just checking the boxes on what he needs to say so he can move on to whatever else he needs to do today.
Adidas 1Q26 Immediate Call Postmortem
Of course Adidas starts the call off by talking about breaking the two-hour marathon barrier. The shoe is already reselling on StockX at $5,000.
Nike 3Q26 Immediate Call Postmortem
End of day they beat on revenue because of depressed expectations in China and APLA but missed in critical North America and EMEA regions that were supposed to be leading indicators of the turnaround.
Williams-Sonoma 4Q25 Immediate Call Postmortem
Hugely positive LT narrative change today: “A key shift in the plan is a near doubling of capital investment in retail, reflecting the meaningful opportunity we see to accelerate growth of retail stores”.
Academy Sports 4Q25 Immediate Call Postmortem
January softer than anticipated due to winter stores with half store base shut down for 2-3 days. Business rebounded after they reopened.