Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

Dillard's is slashing prices, and people are talking

2 months ago by Jared Russo in Earnings, Retail

Dillard's, Inc. ($NYSE:DDS) shares are soaring higher after a surprise earnings profit Thursday November 14. But the bigger story may lie in the data - which shows the company is growing by charging less. 

Right out of the gate, 2019 consistently got to over 50% off as the average discount on in-store items. Previous years saw averages hovering in the high teens, so apparently Dillard's needs to sell the inventory like SOON.

Likewise, the total number of items discounted to stupid dumb low prices has doubled since this spring. The pre-summer deals were only the start, as the post-summer deals are where it's at.

In response, the amount of people talking about Dillard's on Facebook is on the rise. It's getting to levels we haven't seen since Black Friday from two years ago, and we imagine it's because of all the price tags being like, half off. Hopefully, this aggressive push to get people in stores, talking about the deals, and buying clothes will result in a great earnings call soon.

According to Zacks Investment Research, based on analysts' forecasts, the consensus EPS forecast for the quarter is $-0.29. Maybe Dillard's can escape and survive the retail apocalypse. 

About the Data: 

Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

Jared Russo

Jared is an editor for Thinknum, and has been writing for more than a decade. He previously worked at AOL, Vice, Google, Dotdash, and Sirius XM.

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.