Previews
Page 2 of 2 · 26 articles on this desk
Previews coverage, page 2
The Other Half of Earnings Week: Deere, Analog Devices, Two China ADRs, Klarna and Toll Brothers
Retail will dominate the week of August 17-21, but six non-retail reporters give separate readings on farms, factories, China, consumer credit and housing. Every date and call time here was checked against the company's own release - and two of them involve sequencing that a single calendar line will not capture.
Retail Week, Aug 17-21: Four Different Numbers Are Being Called Target's Consensus
Home Depot Tuesday, Target and Lowe's Wednesday, Walmart Thursday - and July, the month retail sales fell 0.6%, sits inside all four quarters. Before the prints land, it is worth knowing that the Street's Target EPS estimate is quoted at $2.21, $2.25, $2.32 and $2.40 depending on who you ask.
The July Retail Sales Table, Mapped Line by Line to Next Week's Four Reporters
Total retail and food services sales fell 0.6% in July, but the two Census categories that actually contain Home Depot and Lowe's rose, general merchandise rose, and the steepest decline of the month landed in a category Amazon emptied out by moving Prime Day into June.
Friday's Retail Sales Print Is Not a Preview of Next Week's Retailer Comps
The Census Bureau releases July advance retail sales at 8:30 a.m. Friday, three trading days before Home Depot opens the biggest retail earnings week of the quarter. The macro print is nominal, industry-wide and, in the control group traders key off, excludes building materials altogether, while last quarter the four retailers' own comparable sales ran roughly five percentage points apart.
Tapestry's First FY2027 Guide, Not Its Fourth Quarter, Is Thursday's Real Test
Tapestry reports fiscal fourth-quarter and full-year results before Thursday's open, and its own May guidance already brackets the quarter. The open question is what a company that has raised its outlook three quarters running says about the year ahead.
Retail takes over the calendar next week, and Home Depot arrives with an interim leadership team
Home Depot, Target, Lowe's, TJX and Walmart all report within three sessions starting Aug. 18. Home Depot heads into its print days after disclosing that chief executive Ted Decker is taking a medical leave.
Applied Materials headlines a top-heavy Thursday as the August earnings calendar thins out
Applied Materials reports after Thursday's close with consensus at $3.39 a share on about $9 billion of revenue. JD.com, Tapestry and YETI go before the open, and Friday is close to empty.
Week Ahead: CoreWeave, Cisco and Applied Materials Headline the Earnings Calendar
The AI trade faces a three-part test this week as CoreWeave reports Tuesday night, followed by Cisco on Wednesday and Applied Materials on Thursday.