Gap (GPS) reports after the closing bell. The company is expected to post profits of 71-cents a share, up 8-cents from a year ago, though on revenue that's risen only slightly. Gap has been a standout among clothing retailers up 31% year-to-date. Abercrombie and Fitch which already reported this morning, is down 26% in the same time. Just yesterday, Gap announced it's expanding a service where shoppers can reserve items online and then pick them up in-store within 24-hours.
Discount chain Ross Stores (ROST) also reports after the closing bell. Analysts are looking for Ross to say it made 80-cents a share, up from 72-cents a year ago on revenues of more than $2.4-billion. Shares of Ross Stores are up 49% year-to-date. About 60% of analysts currently rate it a buy.
Dollar Tree (DLTR) which has been down more than 5% in early trading on is earnings. The discount chain says it made 58-cents a share, missing estimates by 2-cents a share. Revenues were also below expectations at $1.88-billion versus $1.91-billion. Dollar Tree is up 48% year-to-date. It hit its 52-week high about a month ago.
Green Mountain Coffee Roasters (GMCR) which has been up as much as 6% this morning on its earnings. The company had adjusted earnings of 89-cents a share, well above estimates. Sales also surprised, topping the $1-billion mark. Green Mountain gave a mixed outlook. It warned that the current quarter might not be so hot. However, it's upping the forecast beyond that citing a shift in licensing agreements for K-cups.
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