Jun 08, 2021 (IAM Newswire via COMTEX) -- We might be witnessing the lower volume of quarterly earnings reports this week, but that only means we passed last quarter's report peak and we are getting ready for the June-quarter earnings season, which will hit us not long after the 4th of July. However, we do not lack many management presentations, which are typical after announcing earnings reports. This week brings us news for future result expectations from more than 30 companies, so let's try and not miss any important clues. Besides earnings reports, this week is bringing us a total of 9 new IPOs like Marqeta, Inc. /zigman2/quotes/227203754/composite MQ +7.13% , TaskUs, Inc. /zigman2/quotes/227230906/composite TASK -7.42% , LifeStance Health Group, Inc. /zigman2/quotes/227111452/composite LFST +4.14% , monday.com Ltd. /zigman2/quotes/227203767/composite MNDY +0.72% , Zeta Global Holdings Corp. /zigman2/quotes/227203765/composite ZETA +1.35% and Jaws Hurricane Acquisition Corp /zigman2/quotes/227313136/composite HCNEU +0.30% .
Yesterday we saw the first quarter report of fiscal 2022 for Marvell Technology /zigman2/quotes/200053236/composite MRVL +1.01% , a Delaware-based company that develops and produces semiconductors and related technology. Marvel Technologies reported new revenues of $832 million, which is an increase of 20% year-to-year. GAAP gross profit margin was 50.2% and non-GAAP gross margin was 64.3%, while GAAP diluted loss per share was $0.13 and non-GAAP diluted income per share was $0.29.
Also, Vail Resorts, Inc. /zigman2/quotes/210098185/composite MTN +2.14% which owns and operates several premier mountain resorts in Colorado and California, reported fiscal 2021 third-quarter results yesterday. The report showed a net income of $274.6 million which is an increase of 80% compared to the third fiscal quarter of 2020. The reported EBITDA was $462.2 million, which is a significant increase from last year same quarter's $304.4 million.
Besides earnings reports from Navistar International and Calavo Growers /zigman2/quotes/207207265/composite CVGW +0.57% on Tuesday, we are also expecting reports from Thor Industries /zigman2/quotes/202832948/composite THO +0.12% , Casey's General Stores /zigman2/quotes/208156554/composite CASY +0.75% , and ABM Industries /zigman2/quotes/205132946/composite ABM +0.62% .
Wednesday is reserved for earnings reports from Brown Forman , United Natural Foods /zigman2/quotes/202981234/composite UNFI -1.28% , and Restoration Hardware /zigman2/quotes/200286355/composite RH -2.12% . RH, the California-based furnishing company is expected to report earnings of $3.99 per share, which is growth of over 214% compared to the same period last year. Also, GameStop Corp /zigman2/quotes/203755179/composite GME +0.41% , one of the world's largest video game retailer's earnings report is expected on Wednesday. The expected loss for the first quarter is $0.68 per share, which is an improvement from the same period last year (-%1.61 per share). In order to accelerate its transformation, the company decided to restructure its board, so it can keep up with industry growth and company expansion in the digital arena.
On Thursday, we expect to see reports from National Beverage /zigman2/quotes/205234797/composite FIZZ +0.23% , Chewy /zigman2/quotes/212690528/composite CHWY +0.65% , and Dave & Buster’s /zigman2/quotes/203157296/composite PLAY -1.17% . Chewy, the Florida-based pet store retailer, is expected to report a quarterly revenue growth of over 125%, compared year over year.
We are not expecting any major earnings reports on Friday.
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