magazine archive
magazine archive
Week Ahead
Foods-to-fashion giant Marks & Spencer is firmly on the front foot
Thursday 02 Nov 2023Shares in Marks & Spencer ( MKS ) have rallied the best part of 70% year-to-date and investors are expecting confirmation of continued market share gains and a return to the dividend list when the British retail institution reports first-half results (8 November). Guided by CEO Stuart Machin,...
Can hard-pressed ASOS halt customer numbers decline?
Thursday 19 Oct 2023All eyes will be on inventory levels and management’s commentary around current trading when ASOS ( ASC ) puts up full year figures on 25 October. While the online fast-fashion seller’s turnaround strategy is progressing, early success has yet to show up in the numbers with the retailer’s youthful...
Netflix to update on earnings as writers strike comes to an end
Thursday 12 Oct 2023Global streaming platform Netflix (NFLX:NASDAQ) is due to report its third quarter results on 18 October with the entertainment sector just emerging from a period of turmoil. Analysts are forecasting revenue of $8.53 billion and earnings per share (EPS) of $3.50 is expected for the third quarter...
Appetite is building for pub and hotel group Whitbread’s interim results
Thursday 12 Oct 2023Given the positive summer trading updates from UK hospitality firms such as JD Wetherspoon ( JDW ) , Marston’s ( MARS ) and Mitchells & Butler ( MAB ) , expectations are fairly high for Beefeater, Brewers’ Fayre and Premier Inn owner Whitbread ( WTB ) when it reports first-half earnings on 18...
Greggs’ roll-out in focus as shares start to sag
Thursday 28 Sep 2023Budget food-on-the-go outfit Greggs ( GRG ) reports it third quarter trading update on 3 October. The company’s affordable food options have helped bake some resilience into its demand profile despite pressured household budgets. It continues to roll out new sites as well as keeping some existing...
Can Constellation maintain its momentum after Modelo milestone?
Thursday 28 Sep 2023Beer, wine and spirits maker Constellation Brands (STZ:NYSE) posts its second quarter earnings on 5 October, covering the three months to 31 August 2023. It has been a landmark year for the company, whose portfolio of brands includes Corona beer, Casa Noble tequila and Meiomi wine, as its Modelo...
Results preview: a weak retail backdrop in the US could trip up Nike
Thursday 21 Sep 2023Trainers and sportswear giant Nike (NKE:NYSE) has endured a troubled 2023, hit by slowing consumer spending and difficulties in its key Chinese market. The shares are down nearly 20% year-to-date and to regain some air, the company needs to impress when it posts first-quarter earnings on 28...
PZ Cussons is under pressure to justify Nigerian deal as results loom
Thursday 21 Sep 2023Full-year results to be published on 26 September from consumer goods firm PZ Cussons ( PZC ) come hot on the heels of the company’s announcement that it plans to take full control of its Nigerian business. This decision may come under some scrutiny as the impact of the devaluation of the Nigerian...
Can Next boost its slowing sales growth? Here’s what to expect from its results
Thursday 14 Sep 2023Retailer Next ( NXT ) has managed to eke out an impressive 20% share price gain in 2023 despite all the pressures on household budgets as it has continued to deliver sector-leading performance. Investors will be hoping for more of the same when it posts first-half results on 21 September. These...
Cheerios maker General Mills’ shares are under pressure ahead of earnings report
Thursday 14 Sep 2023While General Mills (GIS:NYSE) has largely managed to keep sales afloat in 2023 with price increases, investors have grown increasingly concerned about a lack of volume growth. These concerns have affected many of the company’s food producer peer group but General Mills’ shares have chalked up...