The Fool Looks Ahead
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The first trading week of June kicks off with Cracker Barrel Old Country Store reporting. The chain of comfort-food eateries with attached gift shops hit a fresh all-time high this past week, so expectations are high as well. Having Sardar Biglari as an activist investor needling the restaurant operator hasn't hurt the company's focus and execution. Analysts see earnings climbing 9% to $0.94 a share.
Mattress Firm hopes investors sleep well after checking out its latest quarterly report. The leading retailer of bedding has made the most of its publicly traded status by acquiring smaller rivals in the highly fragmented mattress retailing market. It may also be seen as a housing play if folks moving or buying new properties decide that paying movers to haul over an old mattress may not be worth it.
Vera Bradley cracks open its suitcase for its quarterly report on Wednesday. The maker of stylish luggage and other travel accessories has shed more than half of its value since peaking two years ago, but it's starting to turn heads again. Revenue and earnings per share climbed 17% and 19%, respectively, last year. As the global economy begins picking up and fashion-forward travelers begin upgrading their suitcases, things should continue to improve here.
Don't hold out for that growth on Wednesday. The market's bracing for a slide in profitability on flattish revenue in Vera Bradley's quarterly report.
RealD is coming at you on Thursday with its quarterly financials. The company has made the most of the popularity of 3-D movies as a leading outfitter of the necessary gear for theaters to screen the enhanced flicks. Movie theater attendance has been stagnant in recent years, but premium movie experiences are holding up reasonably well. A healthy slate of action and animated movies available in 3-D should help RealD this summer.
The market is typically quiet on Friday, but don't tell that to JinkoSolar . The vertically integrated solar-power products maker closes out the trading week with its latest quarterly results.
Like a lot of its peers, JinkoSolar is losing money. It isn't easy to turn a profit when the countries that were subsidizing solar-energy conversions started running out of money. However, JinkoSolar is expected to shrink its quarterly deficit by more than half on Friday. That's a start.
Looking beyond next week
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The article The Fool Looks Ahead originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz owns shares of Cracker Barrel Old Country Store. The Motley Fool recommends Cracker Barrel Old Country Store. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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