Bed Bath & Beyond, CarMax and Jabil to Report Profits
In the wake of the deluge of data released last week, Wall Street can expect another busy week to end in September. Monday comes with updates on merchandise orders, while Tuesday presents the Consumer Confidence Index. Wednesday will be relatively calm, with only home sales on hold, although it will be followed by unemployment claims updates on Thursday. The bulk of the data is expected to be released on Friday, which will include updates on inflation, as well as data on disposable income and consumer spending.
Regarding earnings, Bath in Bed and Beyond (BBBY), Cal-Maine Foods (CALM), CarMax (KMX), Cintas (CTAS), Jabil (JBL), Micron (UM), and Thor Industries (THO) are all ready to enter the confessional.
Below is a list of the main market events scheduled for the coming week. All economic dates listed below are provisional and subject to change.
Monday September 27 will start the week with orders for basic and durable capital goods.
At Tuesday September 28, a report on trade in goods is expected to be released, along with the S&P Case-Shiller indexes of home prices and consumer confidence.
The pending home sales index is expected on Wednesday, September 29.
Thursday September 30 features data updates on initial and ongoing jobless claims, a report on second quarter real gross domestic product (GDP) and the Chicago Purchasing Managers Index (PMI).
End the week in style, Friday October 1 comes with a large amount of economic data. Updates on real disposable income, real consumer spending, the Markit manufacturing PMI and construction spending are on the program. In addition, the ISM manufacturing and consumer confidence indices are expected. Finally, core inflation and the latest updates of expected 5-year inflation rates will be released.