Most Anticipated Earnings This Week – November 4, 2024
Tuesday, November 6
Bloomingdale's, Home Depot, Gap
Wednesday, November 7
CVS Health, HP, TJ Maxx, Ulta Beauty
Thursday, November 8
Abercrombie & Fitch, Kohl's, Foot Locker, Williams-Sonoma
Friday, November 9
Costco, Macy's
Wall Street is bracing for a busy week of earnings reports, with a number of major retailers set to release their latest financial results. Investors will be closely watching these reports for signs of how consumers are faring amid rising interest rates and inflation. Some of the most anticipated earnings reports of the week include:
- Home Depot: The home improvement retailer is expected to report strong results, as consumers continue to invest in their homes.
- CVS Health: The pharmacy chain is expected to benefit from strong demand for prescription drugs and health care services.
- TJ Maxx: The off-price retailer is expected to report solid results, as consumers seek out bargains amid rising prices.
- Kohl's: The department store chain is expected to report mixed results, as it continues to struggle with declining sales.
- Costco: The warehouse club is expected to report strong results, as consumers stock up on essentials amid inflation.
In addition to these major retailers, a number of other companies are scheduled to report earnings this week, including:
- Monday, November 5: AutoZone, Best Buy, Dick's Sporting Goods, Dollar Tree, Darden Restaurants, Lennar, RH, Ross Stores, Ulta Beauty
- Tuesday, November 6: Bloomingdale's, Burlington Stores, Foot Locker, Gap, Home Depot, Nordstrom, Tapestry
- Wednesday, November 7: CVS Health, HP, L Brands, Macy's, Target, TJ Maxx, Ulta Beauty
- Thursday, November 8: Abercrombie & Fitch, Capri Holdings, Foot Locker, Kohl's, Lululemon Athletica, Nordstrom, Williams-Sonoma
- Friday, November 9: Costco, DSW, Gap, J.C. Penney, Macy's, Nordstrom
Investors will be closely watching these earnings reports for signs of how the economy is performing and how consumers are responding to rising prices. These reports will also provide insights into the outlook for the holiday shopping season.