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Game on for GameStop; Aeropostale falls; Old Navy gives Gap a lift

Hot Stock Minute

Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.

Retailers continue to dominate the earnings headlines. Gap (GPS) shares rose in early trading. The clothing retailer raised its full year earnings and revenue outlook thanks to solid sales at its Old Navy business. The company also said it would open 40 stores in India as it continues with its strategy to expand in emerging markets. This after it reported earnings and revenue that beat estimates as it cut expenses. 

Aeropostale (ARO) shares fell in the pre-market. The struggling teen retailer beat earnings and revenue expectations for its last quarter, but it projected a wider-than-expected loss for the current quarter. It also reported same-store sales dropped 13% year-over-year.  

GameStop (GME) shares jumped before the bell after the video game retailer reported earnings and revenue that topped analysts' estimates. Sales soared 25% compared to the prior year driven largely by strong sales of consoles such as, Sony's (SNE) PlayStation 4 and Microsoft's (MSFT) XBox One.

Ross Stores (ROST) shares were higher in early trading. The clothing and home-goods retailer reported earnings and revenue that beat estimates. Profits jumped 12% from a year earlier thanks to robust sales and improved operating margins. The company also raised its earnings outlook for the year.

Home Depot (HD) is also on investors’ radar as the company announced the its head of U.S. operations, Craig Menear, will take the reigns as Home Depot's new CEO on November 1. Menear has been with Home Depot since 1997 and the company said Menear's appointment was part of planned succession. Frank Blake, who has been Home Depot's chairman and CEO since 2007, will remain chairman.