What to Watch on Wall Street This Week: From Chipotle to Coca-Cola
Monday -- Guac This Way: The market's closed for Presidents Day, but that doesn't mean that Chipotle Mexican Grill (CMG) is standing still. The fast casual market darling's "Farmed and Dangerous" -- a sitcom that lampoons the agribusiness industry -- will debut on Hulu on Monday. There are four episodes, with new episodes debuting every Monday.
This isn't the first time that a restaurant chain has gotten behind a show, and this serves a purpose by skewering the farming industry that doesn't abide by Chipotle's "food with integrity" mantra.
Tuesday -- Coke Is It: The market will be listening when Coca-Cola (KO) reports fizzed up financials on Tuesday. As the world's largest soft drink company, Coca-Cola always draws a crowd. However, the beverage giant will be more magnetic than usual on Tuesday because of its move to buy a 10 percent stake in Green Mountain Coffee Roasters (GMCR).
Coca-Cola's move to invest $1.25 billion in the company behind the Keurig maker of single-serve coffee isn't really about java. Green Mountain is developing a new appliance that makes cold beverages, and Coca-Cola has a 10-year licensing deal to offer its flavors to the machine. Expect Coca-Cola to be asked why it decided to jump into the home soda-making market when it can come at the expense of its canned and bottled beverages.
Wednesday -- Recalculating ... Recalculating: Garmin (GRMN) was a market darling a decade ago, and then came the smartphone and the connected car, making the market leader in retail GPS devices less necessary. Garmin has evolved. The navigation specialist continues to find ways to remain relevant to boaters, runners and campers. It hasn't been enough. Analysts see revenue and earnings declining slightly when Garmin reports its holiday quarter results on Tuesday.
%VIRTUAL-article-sponsoredlinks%Thursday -- The HP Weigh: It isn't easy being a PC maker these days. Dell couldn't hack it as a public company, choosing to go private last year in a move to attempt a turnaround outside of the market's quarterly dissections.
Hewlett-Packard (HPQ) is still around, and on Thursday it will report its results for the holiday quarter. It may not be as bad as you think. HP has diversified away from its PCs and printers, acquiring growing companies in enterprise software and data storage. It's still not enough. Analysts see revenue declining 4 percent for the quarter. However, they do see earnings per share moving slightly higher.
Friday -- Troubles Dog Strayer: The abridged trading week ends with Strayer Education (STRA) reporting its fiscal results on Friday morning. Strayer University offers undergraduate and graduate degree programs. The courses can be taken online or in one of the many real-world campuses.
Strayer's been struggling lately. Enrollment has been declining. It's not alone. The for-profit post-secondary educators have come under fire in recent years. Marketing practices, student loan repayment rates and curriculum effectiveness have been questions by skeptics. Strayer gets a chance to respond on Friday.
Motley Fool contributor Rick Munarriz owns shares of Green Mountain Coffee Roasters. The Motley Fool recommends Chipotle Mexican Grill, Coca-Cola and Green Mountain Coffee Roasters. The Motley Fool owns shares of Chipotle Mexican Grill and Coca-Cola. Try any of our newsletter services free for 30 days.