汇丰银行-欧洲-食品零售业-食品零售业研究：amazon、grocery、tesco等

《汇丰银行-欧洲-食品零售业-食品零售业研究：amazon、grocery、tesco等》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、16February2018FoodRetailEQUITIESFOODRETAILWoW37:Amazon,Groceryonline,TescoandmoreEurope100attendees,c14expertspeakers,66-pagereport.ThisweekDavidMcCarthy*wepublishedkeyfindingsfromourFutureConsumereventHeadofConsumerRetail,EuropeHSBCBankplcdavid1.mccarthy@hsbcib.comAmazon,GroceryHomeDel

2、ivery,Tescorecovery,consolidation+442079921326areallcoveredinthereportplusAirlines,LeisureandNon-foodAndrewPorteous*,CFAAnalyst,EuropeanRetailHSBCBankplcNextweek:DIAFY17earningsreleaseandWalmartandrew.porteous@hsbc.com+442079924647Q42018earningsEmmanuelleVigneron*AnalystWepublisheda66-pagespi

3、n-offreportthisweekfromourFutureConsumerHSBCBankplc,ParisbranchForum.Theforumfeaturedadozenindustryexpertsandpractitioners,twokeynoteemmanuelle.vigneron@hsbc.com33156524319presentationsfromOliverWymanandNielsenandanextensive“AskthePaulRossington*Audience”surveywhichyieldedsurprisingresultsandh

4、ighlighteddifferencesAnalystbetweenwhatthemarketthinksandwhatourexpertsthink.ThelinktothisreportHSBCBankplcpaul.rossington@hsbcib.comcanbefoundbelow.+442079916734Othernewsitemsthisweekinclude:RuhellAmin*AnalystTescospeculatedtobeconsideringcreationofdiscountstoreHSBCBankplcMorrisonsbecomesfr

5、anchiseandwholesalesupplypartnerwithSandpiperCIruhell.amin@hsbcib.com+4402079920112Aldisees0.7%y-o-ysalesdeclineinIrelandPankajAgarwala*,CFALidlUKreaches700storesAssociateDIAandAmazonexpandtie-uptothirdSpanishcityBangaloreUKfoodinflationdeceleratesinJanuary*Employedbyanon-USaffiliateofHSBC

6、Securities(USA)Inc,andisReportspublishedthisweek(seepage12forsummaries)notregistered/qualifiedpursuanttoFINRAregulationsFutureConsumer:Retail,TravelandLeisure:ConclusionsfromAnatomyoftheUKConsumerForum,01February2018DIA:Hold:toughcompetitiveenvironmentcloudsoutlook,14-Feb-18Nextweek:20-Feb-

7、18:WalmartQ42018earningsrelease22-Feb-18:DIAFY17earningsreleaseAdverseDifferentialInflation16%CommoditypricesMargingrowth12%8%FootandMouthoutbreakandintroductionofEuroMarginspreservedbyBig44%0%-4%MarginpressurePricingadjustmentbeginsMi