Retail Earnings On Deck As Q2 Reporting Season Enters Its Final Leg
The second-quarter reporting season is winding down at the end of this week. Earnings growth of SP 500 companies slowed to a mid-single-digit range, but this shouldn’t come as a surprise, given the multiple headwinds companies faced during the quarter. Retail earnings released in the past week mostly came in better than feared. Walmart, Inc. (NYSE: WMT ), Home Depot, Inc. (NYSE: HD ), Lowe’s Companies Inc. (NYSE: LOW ) all reacted positively to their earnings reports. Here are the key earnings scheduled for the week of Aug. 22: More Retail Earnings On Tap: The retail earnings outlook is still clouded despite some fairly encouraging reports from the biggies in the space. High-end and luxury retailers may have underperformed during the quarter amid the economic setbacks. Macy’s, Inc. (NYSE: M ) (Q2’FY22) Earnings Schedule: Tuesday, before the market open EPS Estimate: 85 cents Vs. $1.29 last year Revenue Estimate: $5.49 billion Vs. $5.6 billion last year Nordstrom, Inc. (NASDAQ: JWN ) (Q2’FY22) Earnings Schedule: Tuesday, after the market close EPS Estimate: 79 cents Vs. 49 cents last year Revenue Estimate: $3.95 billion Vs. $3.7 billion last year Urban Outfitters, Inc. (NYSE: URBN ) (Q2,FY23) Earnings Schedule: Tuesday, after the market close EPS Estimate: 70 cents Vs. $1.28 last year Revenue Estimate: $1.18 billion Vs. $1.16 billion last year Dollar General Corporation. (NYSE: DG ) (Q2’FY22) Earnings Schedule: Thursday, before the market open EPS Estimate: $2.93 Vs. $2.69 last year Revenue Estimate: $9.39 billion Vs. $8.7 billion last year Dollar Tree, Inc. (NASDAQ: …
Retail Earnings On Deck As Q2 Reporting Season Enters Its Final Leg
The second-quarter reporting season is winding down at the end of this week. Earnings growth of SP 500 companies slowed to a mid-single-digit range, but this shouldn’t come as a surprise, given the multiple headwinds companies faced during the quarter. Retail earnings released in the past week mostly came in better than feared. Walmart, Inc. (NYSE: WMT ), Home Depot, Inc. (NYSE: HD ), Lowe’s Companies Inc. (NYSE: LOW ) all reacted positively to their earnings reports. Here are the key earnings scheduled for the week of Aug. 22: More Retail Earnings On Tap: The retail earnings outlook is still clouded despite some fairly encouraging reports from the biggies in the space. High-end and luxury retailers may have underperformed during the quarter amid the economic setbacks. Macy’s, Inc. (NYSE: M ) (Q2’FY22) Earnings Schedule: Tuesday, before the market open EPS Estimate: 85 cents Vs. $1.29 last year Revenue Estimate: $5.49 billion Vs. $5.6 billion last year Nordstrom, Inc. (NASDAQ: JWN ) (Q2’FY22) Earnings Schedule: Tuesday, after the market close EPS Estimate: 79 cents Vs. 49 cents last year Revenue Estimate: $3.95 billion Vs. $3.7 billion last year Urban Outfitters, Inc. (NYSE: URBN ) (Q2,FY23) Earnings Schedule: Tuesday, after the market close EPS Estimate: 70 cents Vs. $1.28 last year Revenue Estimate: $1.18 billion Vs. $1.16 billion last year Dollar General Corporation. (NYSE: DG ) (Q2’FY22) Earnings Schedule: Thursday, before the market open EPS Estimate: $2.93 Vs. $2.69 last year Revenue Estimate: $9.39 billion Vs. $8.7 billion last year Dollar Tree, Inc. (NASDAQ: …