Market Overview

Earnings Expectations for the Week of March 11

The earnings stage remains fairly quiet this week, though a scattering of retailers are scheduled to share their most recent results. The most prominent of those are S&P 500 components Costco Wholesale (NASDAQ: COST) and Urban Outfitters (NASDAQ: URBN). Analysts on average expect year-over-year growth of earnings per share (EPS) and revenues from both of them, for the fourth quarter and for the full year.

Dick's Sporting Goods (NASDAQ: DKS) gets the week started off Monday morning with anticipated EPS growth of about 28 percent to $1.06 for the quarter. Quarterly revenue is expected to have risen more than 15 percent from a year ago to $1.86 billion.

Casey's General Stores (NYSE: CASY) and Urban Outfitters report later on Monday. The former is predicted to post $0.47 EPS on $1.71 billion in sales, which would be up from $0.43 EPS on $1.58 billion in the same period of last year. The latter is expected to say that EPS rose more than 52 percent to $0.57 and revenue increased about 16 percent to $848.24 million. The consensus EPS estimate for Urban Outfitters has ticked up in the past 60 days from $0.53, but the company fell short of consensus EPS estimates in two of the past four quarters.

Bon-Ton Stores (NASDAQ: BONT) and Costco step into the earnings spotlight Tuesday morning. EPS for the quarter is expected to be up more than 14 percent, to $3.57 for the former and $1.06 for the latter. And the forecasts call for revenue to be up at least six percent to $1.04 billion and $25.13 billion, respectively. But note that analysts underestimated Costco's EPS in the past four quarters.

Express (NYSE: EXPR) is expected to post fourth-quarter EPS of $0.74 and $722.38 million in sales Wednesday before the opening bell. That would be up from $0.70 and $673.15 million in the year-ago period.

Later on Wednesday, Hot Topic (NYSE: HOTT) is expected to say its fourth-quarter EPS rose about 22 percent year-over-year to $0.27, while its revenue of $227.92 million was more than eight percent higher.

Coldwater Creek (NASDAQ: CWTR) and Men's Wearhouse (NYSE: MW) are also on deck Wednesday after the markets close. But the forecasts call for net losses of $0.79 and $0.05 per share, respectively. However, revenues for the quarter are expected to be up marginally to $218.76 million for the former and to $610.00 million for the latter.

Thursday morning brings fourth-quarter reports from Buckle (NYSE: BKE) and Kirkland's (NYSE: KIRK). The forecast for the former calls $1.25 EPS on sales of $356.08 million, which would be up from $1.18 per share on $337.08 million. The latter is expected to report that EPS that are flat year-over-year at $0.74, while its revenue increased about nine percent to $162.59 million.

A decline in both earnings and revenue is expected from Aeropostale (NYSE: ARO) when it shares its fourth-quarter results Thursday afternoon. The forecast calls for $0.22 per share (half of the year-ago EPS) and $779.66 million.

Ulta Salon Cosmetics (NASDAQ: ULTA) and Zumiez (NASDAQ: ZUMZ) also are scheduled to report Thursday after the closing bell. The consensus forecasts call for EPS of $0.98 and $0.73, respectively, which would be double-digit percentage growth in both cases. Revenues for the fourth quarter are expected to be up more than 29 percent to $753.50 million for the beauty retailer and more than 21 percent to $223.39 million for the sportswear purveyor.

And then on Friday morning look for fourth-quarter results from Citi Trends (NASDAQ: CTRN) and Hibbett Sports (NASDAQ: HIBB). The former is predicted to post $0.02 EPS on $185.78 million in revenue, which compares to a net loss of $0.18 per share and $178.36 million in the same period of last year. The latter is expected to say that its EPS increased about 17 percent to $0.72, while revenue grew almost 14 percent to $217.10 million.

Earnings reports scheduled for the following week include those from Darden Restaurants (NYSE: DRI), FedEx (NYSE: FDX), General Mills (NYSE: GIS), Nike (NYSE: NKE), Oracle (NASDAQ: ORCL) and Tiffany (NYSE: TIF).

See also: The Week Ahead: Retail Sales, Inflation Data in Focus

Posted-In: Aeropostale Bon-Ton Stores Casey's General Stores Citi Trends Coldwater Creek costco wholesale dick's sporting goods Express hibbett sports Hot Topic Kirkland's Men's Wearhouse the buckle Ulta Salon Cosmetics and Fragrance Urban Outfitters zumiezEarnings Previews Trading Ideas Best of Benzinga


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