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Analyzing Consumer Sector Earnings

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Dec. 4 2020, Updated 10:50 a.m. ET

Consumer sector earnings this week

Nike (NKE) will be releasing its fiscal 2Q18 results after the market closes on December 21, 2017. It’s expected to post an EPS (earnings per share) of $0.41—an 18% fall compared to $0.50 in 2Q17. The revenue could rise 2.7% to $8.4 billion—compared to $8.1 billion in 2Q17.

General Mills (GIS) is scheduled to report its fiscal 2Q18 earnings on December 20, 2017. It’s expected to post an EPS of $0.82 in fiscal 2Q18—a fall of 3.5% YoY (year-over-year). General Mills is projected to report revenues of $4.08 billion in fiscal 2Q18—a slight fall of 0.7% YoY.

Conagra Brands (CAG) is scheduled to report its fiscal 2Q18 earnings on December 21, 2017. It could post a 1.1% fall in revenues to $2.06 billion—compared to $2.08 billion in 2Q17. It earnings could rise 6.1% YoY to $0.52 per share—compared to $0.49 per share in 2Q17.

Bed Bath & Beyond (BBBY) will release its fiscal 3Q17 earnings after the market closes on December 20, 2017. It’s expected to post an EPS of $0.37 in fiscal 3Q17—a fall of 56.5% YoY. Bed Bath & Beyond is projected to report revenues of $2.9 billion in fiscal 3Q17—a slight fall of 1.9% YoY.

CarMax (KMX) will report its earnings results for 3Q17 before the market opens on December 21, 2017. It’s expected to post an EPS of $0.81 per share—a 13% increase compared to $0.72 in 3Q16. Its revenues could rise 7.3% to $3.9 billion—compared to $3.7 billion in 3Q16.

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Earnings last week

Costco Wholesale (COST) announced its fiscal 1Q18 results on December 14, 2017, after the markets closed. Its earnings rose 16.2% YoY to $1.36 per share. Its revenues rose 13.2% YoY to $31.8 billion. Costco’s earnings beat the estimates by 1.5%, while its revenues beat the estimates by 1.06%.

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