The Week Ahead: Tech Firms and Retailers Report
We're watching for earnings from Hewlett Packard Enterprise, Tiffany, Williams-Sonoma, Dell, and Workday.
Earnings season begins to cool down although a lot of technology and retail companies will report this week. This includes 3-star rated Hewlett Packard Enterprise (HPE) on Tuesday. Its pending acquisition of supercomputer manufacturer Cray looks on pace to close. Morningstar analyst Mark Cash is not concerned about the smaller firm’s disappointing second-quarter earnings. On Wednesday, highly cyclical specialty retailers Tiffany (TIF) and Williams-Sonoma (WSM), both rated with 3 stars, report earnings, as well as Box (BOX) and Five Below (FIVE).
Wrapping up on July data, the U.S. gross domestic product estimate and monthly pending home sales data will be announced on Thursday, and the past month’s personal income spending will be reported on Friday.
Gabrielle Dibenedetto does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.