Key Events in the Consumer Sector This Week

Key earnings reports and other events to look forward to this week

Let’s take a look at the upcoming events in the consumer sector this week.

Key Events in the Consumer Sector This Week

The Kroger Company (KR) is set to announce its first-quarter results after the market opens on June 21. The company is expected to report a 2.9% YoY (year-over-year) rise in revenue to $37.3 billion. Its EPS are also expected to rise 8.6% YoY to $0.63.

Darden Restaurants (DRI) is set to report its fiscal fourth-quarter results before the market opens on June 21. Its revenue is expected to rise ~10% to $2.1 billion. Its EPS are expected to rise 14.4% to $1.3.

Carmax (KMX) is scheduled to report its fiscal first-quarter 2019 results on June 22. The company is expected to report a 1.5% YoY increase in revenue to $4.6 billion. Its EPS are also expected to show a rise of 9.7% YoY to $1.24.

Earnings reported last week

Casey’s General Stores (CASY) announced its fiscal fourth-quarter results before the market opened on June 12. Its revenue rose 13.1% YoY to $2.1 billion from $1.8 billion, while its EPS fell 33.0% to $0.51 from $0.76. Its revenue missed estimates by 1.6%, and its EPS missed estimates by ~23.0%.

RH (RH), formerly known as Restoration Hardware, reported its first-quarter results after the market closed on June 11. The company reported a 0.8% decline in revenue and missed revenue estimates by 1.0%. Its EPS rose to $1.3 compared to $0.05 in the first quarter of 2017. Its earnings surpassed estimates by 30%.

To learn more, visit Market Realist’s Consumer Discretionary and Consumer Staples pages.