Wall Street This Week: Madden Rolls Out, GameStop Rolls On
From an annual rite in video gaming making its 2015 debut to a small-box retailer trying to hold its ground in a challenging climate, here are some of the things that will help shape the week that lies ahead on Wall Street.
Monday -- Coming in for a Physical
The new trading week kicks off with Premier Inc. (PINC) reporting quarterly results after the market close. Premier unites an alliance of 3,400 hospitals and 110,000 other health care providers to help lower costs and improve efficiency.
The model's working, at least for Premier. Analysts see year-over-year growth of 11 percent in revenue and 6 percent in earnings per share.
Tuesday -- Field Trip
%VIRTUAL-WSSCourseInline-865%Tuesday is the day that die-hard gamers and football fans have been waiting for: Electronic Arts' (EA) "Madden NFL 16" hits stores. The popular video game series rolls out every year, just ahead of the upcoming football season.
It's a popular purchase, since it's the only way to get updated rosters. Who is on the cover? Fans get to vote for which player gets the honor of gracing the annual game's cover, and this time it's New York Giants wide receiver Odell Beckham Jr. leading the charge.
Wednesday -- Retailers on Parade
Many of the companies stepping up with quarterly results Wednesday will be merchants. Abercrombie (ANF), Tilly's (TLYS) and Chicos FAS (CHS) are just some of the mall chains that will be reporting. Expect an early read on how the early days of the back-to-school shopping season are faring.
Thursday -- Game On
We'll get to check the pulse of the video game industry on Thursday when GameStop (GME) reports fresh financials. The country's largest retail chain dedicated to the PC and console gaming market has managed to hold up well in a climate that seems to favor digital delivery over physical purchases. GameStop has thrived given its low overhead and its winning model, where it scores fat margins on trade-ins that it can resell at much higher price points.
Friday -- Narcos Are Coming
There's something different about the latest original series to debut on Netflix (NFLX) come Friday. "Narcos" is the streaming video service's latest foray into non-English content. The series about the Colombian drug cartel features a well-rounded cast of popular Latin American actors.
The series should have healthy appeal in the U.S. given the tantalizing subject matter and the country's strong Hispanic population, but the goal here is for Netflix to smoke out more subscribers throughout Latin America.
Motley Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool recommends and owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days and check out our free report for one great stock to buy for 2015 and beyond.
