Stocks To Watch For July 7

Some of the stocks that may grab investor focus today are: Wall Street expects WD-40 Company WDFC to report its FQ3 EPS at $0.53 on revenue of $87.55 million. WDFC shares gained 0.89% to close at $40.85 yesterday. Zumiez Inc ZUMZ reported a 9.8% rise in its June sales at stores open at least one year. Analysts were expecting same-store sales to increase 5.6%. Its total net sales for the five weeks ended July 2 surged 16.8% y/y to $43.5 million. ZUMZ shares jumped 2.05% to $26.85 in the after-hours trading session. Visa Inc V projects its earnings-per-share growth to slow to the mid-to-high teens and revenue growth to slow to the high-single-digit to low-double-digit range in 2012. However, analysts were expecting 11% revenue growth and 16% earnings growth for 2012. The company affirmed its forecast for current fiscal year. Visa shares dropped 0.65% to $87.63 in after-hours trading. Analysts expect Helen of Troy Limited HELE to report its Q1 EPS at $0.76 on revenue of $260.20 million. HELE shares gained 0.31% to $35.78 in the after-hours trading session. Hot Topic Inc HOTT reported a 0.4% increase in its June sales for stores open at least one year. However, analysts were expecting same-store sales to drop 2.4%. Its total sales for the five weeks ended July 2 declined 1.8% to $58 million. HOTT shares declined 3.51% to close at $7.42 yesterday. Trading Ideas.
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Posted In: EarningsNewsGuidanceRetail SalesPre-Market OutlookMarketsTrading IdeasApparel RetailConsumer DiscretionaryConsumer StaplesData Processing & Outsourced ServicesHousehold AppliancesHousehold ProductsInformation TechnologyStocks To Watch
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