HD Supply, H&R Block, Lululemon Athletica, RH, Broadcom, and more earnings are scheduled for the week between June 10 and 14. Check out what to expect from the major earnings reports this week.
Thor Industries (THO) will announce third-quarter earnings on Monday before the bell. Analysts expect earnings to drop 35.20% to $1.64 per share while revenue will jump 16.80% to $2.63 billion. The bottom line will be hurt by acquisition-related costs after the completion of the purchase of Erwin Hymer Group. The company expects to face challenging conditions in the near term despite remaining optimistic for the long term.
Convenience store chain Casey’s General Stores (CASY) will report fourth-quarter results on Monday after the bell. Analysts predict earnings of $0.52 per share on revenue of $2.1 billion. The results will be benefited by same-store sales, effective control of operating expenses, and a stronger fuel margin. Also, the product mix shift in grocery and other merchandise, as well as strategic price increases, product mix shift and favorable commodity prices in the prepared food and fountain category, will drive the results.
HD Supply Holdings (HDS) is set to post first-quarter results on Tuesday before the bell. Analysts expect earnings to increase by 15.70% to $0.81 per share driven by higher top line and leverage of costs and expenses. Revenue is anticipated to rise 7.30% to $1.49 billion with growth expected in its business units Facilities Maintenance, and Construction & Industrial.
H&R Block (HRB) will post Q4 results on Tuesday. Analysts project the company to report earnings of $4.14 per share on revenue of $2.32 billion. The results will be hurt by lower assisted tax preparation revenues and royalties due to the delay in overall filings with the IRS. The slow start to the tax season for the industry impacted the timing of its business. The expenses will rise primarily due to technology spend related to long-term initiatives and marketing, bad debt, and supplies expense.
Dave & Buster’s Entertainment (PLAY) will announce Q1 earnings on Tuesday after the bell. Earnings are expected to rise by 7.70% to $1.12 per share and revenue is likely to increase 11.70% to $371.01 million. The results will be benefited by comparable store sales and new store performance. The top line will be driven by growth in Amusements and Other revenue, and in Food and Beverage revenue, while walk-in sales and special event sales could drive comparable store sales.
Lululemon Athletica (LULU) is set to post first-quarter results on Wednesday after the bell. Analysts project earnings to jump by 27.30% to $0.70 per share driven by higher top line and control of costs and expenses. Revenue is predicted to increase by 16.20% to $755 million helped by broad-based strength across its business. The company will be benefited by comparable sales backed by same-store sales and direct to consumer net revenue.
RH (RH) will report Q1 earnings on Wednesday. Analysts see a profit of $1.55 per share on revenue of $586.62 million. Restoration Hardware, which changed the name to RH, is expected to face continued weakness in its core business post the fourth quarter market volatility, the negative trends in the high-end housing market, and its continued efforts to edit unprofitable and non-strategic businesses.
Broadcom (AVGO) could post Q2 results on Thursday after the bell. Earnings are anticipated to rise 6.10% to $5.18 per share and revenue is likely to increase by 13.40% to $5.69 billion. The results will be benefited by the networking business that will support its semiconductor solutions segment. The infrastructure software segment is likely to perform well as the company made progress with the CA business integration.
The Kraft Heinz Company (NASDAQ: KHC) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The food company reported Q2 revenue of $6.62 billion, down 0.5% year-over-year
General Motors Co. (NYSE: GM) reported second quarter 2021 earnings results today. Total revenue rose to $34.2 billion from $16.8 billion in the same period last year. GAAP net income
VS Health Corporation (NYSE: CVS) reported second-quarter 2021 earnings results today. Total revenues increased 11.1% to $72.6 billion compared to the same period last year, driven by growth across all