This Week's Earnings Repertoire

Last week, the Dow powered higher despite the decline of Nike (NYSE:NKE) that missed Street's revenue expectations as even the sportswear giant hasn't been immune to supply chain disruptions. For the week, the Dow gained 0.6%, followed by S&P 500's gain of 0.5%, whereas the Nasdaq rose less than 0.1% but still ended in positive territory.

Fed Chair Jerome Powell ended the week by signaling a dovish tapering tone until the end of the year. This week, we're in for an even less crowded earnings calendar before third-quarter earnings kick in at the beginning of October.

Tuesday

Thursday

EBITDA guidance is $530 million with adjusted earnings midpoint being at $1.50 per share, reflecting confidence in the company's actions such as closing the worst-performing stores. Now, BBB needs to demonstrate it is capable of delivering consistent profitability as well as a detailed path towards transforming business from strictly brick-and-mortar towards the digital framework.

The post This Week's Earnings Repertoire appeared first on IAM Newswire.

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