Retail Sales Due in Canada Next Week - InvestingChannel

Retail Sales Due in Canada Next Week

Monday

U.S.

Economic lookahead

NAHB Homebuilders Index (Aug.)

Featured Earnings

Fabrinet (NYSE:FN) (Q4) EPS estimates of 70 cents, compared to 90 cents in the prior-year quarter.

JD.com Inc. (NASDAQ:JD) (Q2) EPS estimates of 28 cents, compared to 23 cents in the prior-year quarter.

SRAX Inc. (NASDAQ:SRAX) (Q2) EPS estimates for loss of 23 cents, compared to a loss of 67 cents prior-year quarter.

Canada

Economic lookahead

Canada’s International Transactions in Securities (June) Foreign investors acquired $22.4 billion of Canadian securities in May, following a record investment of $49.0 billion in April. Meanwhile, Canadian investors added $13.4 billion of foreign securities to their holdings as investment in equities accelerated.

Tuesday

U.S.

Economic lookahead

Housing Starts (July)

Building Permits (July)

Featured Earnings

Walmart Inc. (NYSE:WMT) (Q2) EPS estimates of 70 cents, compared to 90 cents in the prior-year quarter.

La-Z-Boy Incorporated (NYSE:LZB) (Q1) EPS estimates for loss of 25 cents, compared to a gain of 25 cents in the prior-year quarter.

Home Depot (NYSE:HD) (Q2) EPS estimates of $3.45, compared to $3.17 in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

Federal Open Market Committee minutes (July 28-29)

Featured Earnings

L Brands Inc. (NYSE:LB) (Q2) EPS estimates for loss of 36 cents, compared to a gain of 24 cents in the prior-year quarter.

Lowe’s Companies Inc. (NYSE:LOW) (Q2) EPS estimates of $2.77 compared to $2.15 in the prior-year quarter.

Target Corporation (NYSE:TGT)(Q1) EPS estimates of $1.52, compared to $1.82 in the prior-year quarter.

Canada

Economic Lookahead

Wholesale Trade (June) Wholesale sales increased 5.7% to $52.6 billion in May, following historic declines in April that saw wholesale sales plummet an unprecedented 21.4% due to the COVID-19 pandemic.

Consumer Price Index (July) Inflation rose 0.7% on a year-over-year basis in June, up from a 0.4% decline in May. On a seasonally adjusted monthly basis, the CPI increased 1.0% in June, following a 0.1% increase in May.

Featured Earnings

Ascot Resources Ltd. (TSX:AOT) (Q2) EPS estimates for loss of one cent, identical to prior-year quarter.

Thursday

U.S.

Economic Lookahead

Weekly jobless claims (to August 14)

Leading Economic Indicators (July)

Featured Earnings

Alibaba Group Holding Limited (NYSE:BABA) Q2) EPS estimates of $1.60, compared to $1.45 in prior-year quarter.

Keysight Technologies Inc. (NYSE:KEYS) (Q3) EPS estimates of 75 cents, compared to $1.17 in the prior-year quarter.

Ross Stores Inc. (NASDAQ:ROST) (Q2) EPS estimates for loss of 29 cents, compared to gain of $1.14 in the prior-year quarter.

Canada

Featured Earnings

Jaguar Mining Inc. (TSX:JAG) (Q2) EPS estimates for gain of three cents, compared to loss of one cent in the prior-year quarter.

Friday

U.S.

Economic lookahead

Existing Home Sales (July)

Markit Purchasing Managers Manufacturing Index (Aug.—Flash)

Markit Services PMI (Aug.–Flash)

Featured Earnings

Deere & Company (NYSE:DE) (Q2) EPS estimates of $1.23, compared to $2.71 in the prior-year quarter.

Foot Locker Inc. (NYSE:FL) (Q2) EPS estimates for gain of three cents, compared to loss of one cent in the prior-year quarter.

Pinduoduo Inc. (NASDAQ:PDD) (Q2) EPS estimates for loss of 18 cents, compared to loss of 12 cents in the prior-year quarter.

Canada

Economic Lookahead

Retail Trade (June) Retail sales in Canada jumped 18.7% over a month earlier in May 2020, rebounding from a record 26.4% slump in the previous month, but below market expectations of a 20% gain.

New Housing Price Index (July) New house prices in Canada edged up 0.1% for the second consecutive month in June, matching market expectations.