Luke Eissler

Consumer Retail Analyst @ Hedgeye. UCLA '23. Not Investment Advice

[Luke Eissler @HedgeyeRetail_2]

$AMZN Fastest AWS growth in 18 quarters on a $169B annual run rate. Maybe the market will start appreciating the ROIC story.

Underinvesting would have been the risk...
@HedgeyeRetail

[Luke Eissler @HedgeyeRetail_2]

$LVMH highlighted Rhode as a driver at Sephora

Another bullish read through for $ELF

Rhode is launching in 19 European countries in September via Sephora.

74% of Rhode social followers are intl... Big catalysts down the pike
@HedgeyeRetail

[Ian Lukasik @HedgeyeRetail_3]

$LVMH returns to (organic) growth in F&LG, though lapping a down 9% from last year. Segment makes up ~75%+ of the consolidated profit now facing tougher compares. Fx easing should help. Watches + Jewelry showing accelerating momentum and margin expansion. Asia (ex. Japan) continuing to grow of the bottom and U.S. remains strong.

Still sidelined on this one with tougher base effects down the pike, Middle East implications, and F&LG growth sustainability remaining a question mark in our eyes.
$MC.PA

@HedgeyeRetail

[Luke Eissler @HedgeyeRetail_2]

$OLLI Closing below $70... Store visits going from bad to worse. June looks horrible with another tough base effect in July to close out the Q.

In an environment where consumers are prioritizing value? @HedgeyeRetail

[Luke Eissler @HedgeyeRetail_2]

$OLLI Closing at new lows... Store productivity deteriorating and the bull anchor of unit growth is a myth. Shorted at $135... still pressing

[Luke Eissler @HedgeyeRetail_2]

$ELF Almost 500k followers in 2 weeks...

[Luke Eissler @HedgeyeRetail_2]

$ELF Launching hair care is the first organic brand extension since 2022... Just saying

We just flipped from short, where we rode it all the way down, to Long.

[Luke Eissler @HedgeyeRetail_2]

$LULU Vuori doubling its global store base and aggressively expanding into China.

Alo going abroad & throwing influencer events on yachts.

While $LULU can't get product right.

All of growth is international (China) which has A LOT of room to crack.

Real EPS closer to $7..🛝

[Luke Eissler @HedgeyeRetail_2]

$ELF Launching hair care is the first organic brand extension since 2022... Just saying

We just flipped from short, where we rode it all the way down, to Long.

[Luke Eissler @HedgeyeRetail_2]

$OLLI Closing at new lows... Store productivity deteriorating and the bull anchor of unit growth is a myth. Shorted at $135... still pressing

[Luke Eissler @HedgeyeRetail_2]

If Sydney Sweeney couldn't drive growth at $AEO, why will Lamine Yamal in a biz >70% female? AE comped 0% LY and started this year at -2%. Brand awareness isn't the issue. Brutal back half coming... Aerie slowing with AE negative @HedgeyeRetail