Today's Stock Market News & Events: 6/9/2021

Today's market-moving economic data and earnings schedule

facebook twitter linkedin


Things will stay at a relatively slow pace today with only wholesale inventories on tap, but the highly anticipated GameStop earnings report is due out. 

The following companies are slated to release quarterly earnings reports today, June 9:

Brown-Forman Corp. (NYSE:BF-B -- $79.69) manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. Brown-Forman will report its Q4 earnings of 2021 before the bell today.

Campbell Soup Co. (NYSE:CPB -- $49.12) engages in the manufacture and market food and beverage products. Campbell Soup will report its Q3 earnings of 2021 before the bell today.

Lovesac Co. (NASDAQ:LOVE -- $81.76) designs, manufactures, and sells furniture. Lovesac will report its Q1 earnings of 2021 before the bell today.

United Natural Foods Inc. (NYSE:UNFI -- $40.62) distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. United Natural Foods will report its Q3 earnings of 2021 before the bell today.

Vera Bradley Inc. (NASDAQ:VRA -- $13.54) designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. Vera Bradley will report its Q1 earnings of 2022 before the bell today.

GameStop Corp. (NYSE:GME -- $300.00) engages in the retail of multichannel video game, consumer electronics, and wireless services. GameStop will report its Q1 earnings of 2021 after the market closes today.

Greif Inc. (NYSE:GEF -- $60.42) produces and sells industrial packaging products and services. Greif will report its Q2 earnings of 2021 after the market closes today.

Oxford Industries Inc. (NYSE:OXM -- $97.79) designs, sources, markets, and distributes products of lifestyle and other brands. Oxford Industries will report its Q1 earnings of 2021 after the market closes today.

RH (NYSE:RH -- $628.83) operates as a retailer in the home furnishings. RH will report its Q1 earnings of 2021 after the market closes today.

Verint Systems Inc. (NASDAQ:VRNT -- $46.67) operates as a sporting goods and outdoor recreational products retailer in the United States. Verint Systems will report its Q1 earnings of 2021 after the market closes today.

The following public companies released quarterly earnings reports yesterday, June 8:

Academy Sports and Outdoors Inc. (NASDAQ:ASO -- $37.78) operates as a sporting goods and outdoor recreational products retailer in the United States. Academy Sports and Outdoors reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $1.06. The company earned $1.58 billion during the quarter, compared to the consensus estimate of $1.51 billion.

Momo Inc. (NASDAQ:MOMO -- $13.92) provides mobile-based social and entertainment services in the People's Republic of China. Momo reported $3.72 earnings per share for the quarter, topping the consensus estimate of $2.72 by $1.00. The business earned $3.80 billion during the quarter, compared to analysts' expectations of $3.68 billion.

Navistar International Corp. (NYSE:NAV -- $44.33) manufactures and sells commercial trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines. Navistar reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.34. The company earned $2.16 billion during the quarter, compared to the consensus estimate of $2.26 billion.

Thor Industries Inc. (NYSE:THO -- $117.07) designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories. Thor Industries reported $3.29 earnings per share for the quarter, topping analysts' consensus estimates of $2.31 by $0.98. The business earned $3.46 billion during the quarter, compared to analysts' expectations of $3.01 billion.

ABM Industries Inc. (NYSE:ABM -- $48.56) provides integrated facility solutions in the United States and internationally. ABM Industries reported $1.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.40. The business earned $1.49 billion during the quarter, compared to analysts' expectations of $1.48 billion.

BEST Inc. (NYSE:BEST -- $1.48) operates as a smart supply chain service provider in the People's Republic of China. BEST reported ($1.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $1.35. The business had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $6.99 billion.

Calavo Growers Inc. (NASDAQ:CVGW -- $73.79) markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers. Calavo Growers reported $0.43 EPS for the quarter, missing the consensus estimate of $0.49 by $0.06. The firm had revenue of $276.80 million for the quarter, compared to analyst estimates of $267.63 million.

Casey's General Stores Inc. (NASDAQ:CASY -- $215.29) operates convenience stores under the Casey's and Casey's General Store names. Casey's General Stores reported $1.12 EPS for the quarter, beating the consensus estimate of $0.88 by $0.24. The business had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $2.17 billion.

Comtech Telecommunications Corp. (NASDAQ:CMTL -- $24.71) designs, develops, produces, and markets products, systems, and services for communications solutions. Comtech Telecommunications reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.11. The company earned $161.30 million during the quarter, compared to the consensus estimate of $138.10 million.

Looking ahead to tomorrow, the schedule will get busy fast with the usual initial and continuing jobless claims data, the consumer price index (CPI), core CPI, and Federal budget balance. All economic dates listed here are tentative and subject to change.

Grab your FREE Eternal Contrarian report!


 




 
Special Offers from Schaeffer's Trading Partners