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What to Watch in the Week Ahead: Grocery Retailer Releases Quarterly Earnings

June 18, 2023
in Trade Tube
Reading Time: 1 min read
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In ‘What to Watch on Wall Street’ for the week of November 30, we’re going to be hearing from a few more companies on how they did in the latest quarter. The following companies are slated to release their earnings: Bob Evans Farms (BOBE), American Eagle Outfitters (AEO), Box (BOX), Aeropostale (ARO), Dollar General (DG), Medtronic (MDT), Ambarella (AMBA), Kroger (KR), and Five Below (FIVE). The one that many investors will be watching is Kroger. Analysts are expecting the grocery retailer to earn $0.39 a share on over $25 billion in sales. Compared to last year’s third quarter results, both profit and revenue are projected to show growth. Additionally, there are several notable economic reports. The week begins with the Chicago PMI report and pending home sales, followed by motor vehicle sales and the ISM manufacturing index on Tuesday. Midweek, we get the ADP employment report and productivity and costs then Thursday, we expect jobless claims. Finally, we end the week with the employment situation and international trade. TheStreet’s U-Jin Lee reports from Wall Street.

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