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Mall retailers such as
American Eagle Outfitters AEO,
New York & Company, Inc. NWY and
Guess?, Inc. are due to release their quarterly scorecards Wednesday. Additionally,
Gap Inc GPSLoading...
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is set to unveil its monthly sales results on Thursday. The numbers could be reflective of what to expect this
holiday shopping season, which began with the Thanksgiving weekend.
Expectations
Here is a peek into what to expect from these retailers: American Eagle Outfitters
- The company is scheduled to release its third-quarter results before the market opens on Wednesday.
- The consensus estimates call for earnings per share of $0.41 on revenues of $940.94 million. In comparison, the company earned $0.35 per share on revenues of $919.07 million last year.
- The stock was up about 7 percent in the quarter.
- The company is scheduled to release its third-quarter results after the market close on Wednesday.
- Analysts, on average, estimate revenues of $219.71 million, roughly even with last year.
- The stock was up roughly 48 percent in the third quarter.
- Guess is also scheduled to report its third-quarter financial results after the market close on Wednesday.
- Revenues are estimated to have increased 5.30 percent to $548.37 million.
- The stock has lost about 10 percent in the three-month period ended October 31.
- Gap is due to release its November sales results on Thursday.
- Recently, Gap reported declines in its third-quarter profit and sales, with sales now down for seven straight quarters.
- Gap was up 30 percent for the third quarter and has gained 15 percent thus far into November.
At Time Of Writing
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Posted In: EarningsNewsGuidancePreviewsMoversTrading Ideasholiday shopping seasonMallretailretailers
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