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The Week Ahead: Earnings From Salesforce, Retailers, and More

The earnings reports keep rolling in.

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This week we will be watching as (CRM) reports earnings on Thursday after market close. The customer relationship management firm recently finalized its acquisition of Tableau, a data visualization company, in a $15.7 billion deal. Salesforce also announced the acquisition of ClickSoftware, a field service software company, hoping to increase growth on Service Cloud.  

Following a disappointing earnings report from Macy’s (M), we are looking at fellow department stores Kohl’s (KSS) and Nordstrom (JWN) posting on Tuesday and Wednesday, respectively. Macy’s cited a decline in international tourism and competition from e-commerce for the poor report. Both reported dismal first-quarter earnings and have been focusing on technology advancement to boost e-commerce business.  

Hannah Pelfresne does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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