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Upcoming Earnings to Watch: KR, PLAY, TLRD

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Second quarter earnings season saw another robust period of upside surprises and bottom-line growth, but tepid guidance in certain industries and external issues like trade disputes kept gains at bay. Now, as we move into a quiet period for earnings, thesame external factors will weigh on the minds of investors, and those reporting during this stretch will need to seriously impress.

Luckily, even during the non-traditional earnings season, investors can use the Zacks Earnings Calendar to plan out their schedules for earnings, dividend announcements, and other important financial releases. This handy tool is your perfect one-stop-shop to properly prepare for the market events that will have an impact on your own portfolio.

So will any of the reports coming in the next few days have enough positive news to outweigh other headwinds? Let’s take a closer look at a few of the marquee reports due during the week of September 10.

1. The Kroger Co. (KR - Free Report)

Grocery store giant Kroger is scheduled to release its latest quarterly results before the market opens on September 13. Investors have been interested in tracking the development of Kroger’s initiatives to fend of would-be grocery disrupters, including Amazon (AMZN - Free Report) and Blue Apron (BLUE - Free Report) . Look for Wall Street to react to Kroger’s digital and delivery growth.

According to our latest Zacks Consensus Estimates, analysts expect Kroger to report adjusted earnings of 38 cents per share and revenue of $27.82 billion. This would represent a year-over-year slump of about 2.6% on the bottom line and a nearly 1% uptick on the top line. Kroger has seen no estimate revisions for the soon-to-be-reported quarter within the past 60 days.

 

2. Dave & Buster’s Entertainment, Inc. (PLAY - Free Report)

Arcade bar and restaurant operator Dave & Buster’s is set to post its most recent earnings report before the market opens on September 14. PLAY had a multi-year run as one of the restaurant industry’s hottest stocks, but that seemed to run out of steam last year as comps growth couldn’t keep up with expectations.

Still, the stock has gotten powerful again latterly, and investors will be hoping this report can keep that momentum going. Dave & Buster’s is expected to post quarterly earnings of $0.67 per share in its upcoming report, which represents a year-over-year dip of 5.6%. Revenues are projected to be $311.45 million, up 10.9% from the year-ago quarter.

 

3. Tailored Brands, Inc. (TLRD - Free Report)

Men’s Warehouse and Joseph A. Bank owner Tailored Brands is slated to announce its latest earnings results after the market closes on September 12. The stock has been trending downward since June, but shares have bounced off their six-month lows and might just be an interesting post-earnings mover if the company can impress.

Analysts are calling for Tailored Brands to report earnings of $1.07 per share and revenue of $828.36 million. These results would represent year-over-year declines of 6% and 3%, respectively.

 

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