10 Stocks To Watch For August 10, 2016

Some of the stocks that may grab investor focus today are:

• Wall Street expects Ralph Lauren Corp RL to report quarterly earnings at $0.89 per share on revenue of $1.53 billion before the opening bell. Ralph Lauren shares gained 0.60 percent to $95.64 in after-hours trading.
• Fossil Group Inc FOSL reported better-than-expected results for its second quarter, but issued a weak earnings guidance for the current quarter. Fossil saw FY16 EPS at $1.80-$2.65 vs. estimates of $2.06 and Q3 EPS of $0.15-$0.40 vs. estimates of $0.68. Fossil shares rose 0.03 percent to $30.37 in pre-market trading.
• Analysts expect Michael Kors Holdings Ltd KORS to report quarterly earnings at $0.74 per share on revenue of $953.07 million before the opening bell. Michael Kors shares slipped 0.58 percent to $49.82 in after-hours trading.
• Yelp Inc YELP reported a surprise profit for the second quarter. The company also exceeded analysts’ sales estimates. Yelp shares climbed 11.40 percent to $36.36 in pre-market trading.
• Analysts are expecting Wendys Co WEN to have earned $0.09 per share on revenue of $368.65 million in the latest quarter. Wendys will release earnings before the markets open. Wendys shares gained 2.06 percent to $10.40 in after-hours trading.

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• Walt Disney Co DIS reported upbeat earnings for its third quarter on Tuesday. The company also reported a minority stake in BAMTech, a video streaming provider previously formed by Major League Baseball. Disney shares fell 1.22 percent to $95.49 in pre-market trading.
• Before the opening bell, Perrigo Company plc PRGO is projected to report its quarterly earnings at $2.01 per share on revenue of $1.43 billion. Perrigo shares rose 0.14 percent to $95.22 in after-hours trading.
• SunPower Corporation SPWR posted a loss for its second quarter and issued a weak revenue forecast. Management expected a workforce reduction of about 15 percent totaling about 1,200 employees in the future and restructuring charges totaling $30-$45 million. SunPower shares dropped 22.26 percent to $11.49 in pre-market trading.
• Wall Street expects Shake Shack Inc SHAK to post quarterly earnings at $0.13 per share on revenue of $63.11 million after the closing bell. Shake Shack shares gained 0.17 percent to $41.65 in after-hours trading.
• SolarCity Corp SCTY reported a narrower-than-expected loss for its second quarter, but issued a weak earnings forecast for the current quarter. SolarCity shares rose 0.16 percent to $24.59 in after-hours trading.