Dec 07, 2020 (IAM Newswire via COMTEX) -- The world is entering the most horrifying phase of the pandemic. But, last week marked a landmark moment in this battle as the UK became the first country to approve Pfizer's /zigman2/quotes/202877789/composite PFE +0.05% and BioNTech /zigman2/quotes/214419716/composite BNTX +5.04% vaccine. Additionally, more positivity came from weekly jobless claims dropping to about 712,000, beating estimates. However, economists who have cautioned that the number is likely to go up in the coming weeks. With Toll Brothers /zigman2/quotes/201912487/composite TOL +0.46% AutoZone /zigman2/quotes/209114484/composite AZO -0.14% , and GameStop /zigman2/quotes/203755179/composite GME -2.27% opening the week, the earnings scene is set to get busy on Thursday when Broadcom /zigman2/quotes/200646538/composite AVGO +0.27% , Oracle /zigman2/quotes/202180826/composite ORCL -0.56% and Costco /zigman2/quotes/201191698/composite COST +1.04% publish their results. On Wednesday, the design software giant Adobe Inc /zigman2/quotes/200389143/composite ADBE -0.01% is likely to mark the week when it reports its fourth-quarter results.
JinkoSolar /zigman2/quotes/207601099/composite JKS +1.78% opened the week as it met revenue, gross margin and solar module shipment forecasts in its third quarter that ended in September. However, net profit plunged considerably as the company was pressured with shortage of raw materials.
After market close, Coupa Software /zigman2/quotes/209884077/composite COUP -0.06% will report its Q3 earnings during which it collaborated with American Express to allow businesses across the globe to use American Express virtual card payment option with Coupa Pay.
Analysts are expecting Bellevue, Washington-based collaboration technology company Smartsheet /zigman2/quotes/207006006/composite SMAR -1.06% to report a loss of $0.21 per share.
Stitch Fix /zigman2/quotes/208173073/composite SFIX -3.42% has a big question to answer as although it snapped right back to growth in the most recent quarter, the wider clothing industry shrank.
GameStop’s last earnings report was mostly bad news with its business contracting for a while now. Yet shares are surging heading into the retailer’s Q3 so in one way or another, that conflict will be resolved.
Before the market opens, Barnes & Noble /zigman2/quotes/206791624/composite BNED +0.72% will report its second quarter earnings results. The leading solutions provider for the education industry
Casey's General Stores /zigman2/quotes/208156554/composite CASY +0.13% has been seeing favorable earnings estimate revision activity as of late, which generally results in earnings beat.
A textile company, G-III Apparel Group /zigman2/quotes/201364718/composite GIII -0.96% will report its third quarter of fiscal 2021 with its earnings expected to decline on lower revenues.
Autozone will release its first fiscal quarter that ended on November 21 [st] . The largest retailer of aftermarket automotive parts and accessories in the United States, is expected to report a profit of $17.56.
E-commerce is the word these days, and pet supplies are no exception. Chewy /zigman2/quotes/212690528/composite CHWY -3.43% that has benefited from people adopting pets during the pandemic will report its Q3 earnings. Fortunately for Chewy, adopting a pet is a long-term commitment.
Campbell Soup Company /zigman2/quotes/202107764/composite CPB -0.50% is scheduled to release first-quarter fiscal 2021 figures. Top and bottom lines will likely display YoY growth with the Zacks Consensus Estimate for revenues pegged at $2,317 million.
One of North America’s largest designers, producers and retailers of footwear and accessories, Designer Brands /zigman2/quotes/204656556/composite DBI +2.46% , will report its third quarter earnings.
Photronics /zigman2/quotes/203325788/composite IPGP +1.79% is expected to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended October 2020.
For the quarter ended in October, Restoration Hardware Holdings /zigman2/quotes/200286355/composite RH -0.85% is expected to deliver a YoY increase in earnings on higher revenues.
CIENA Corporation /zigman2/quotes/208745450/composite CIEN +0.62% is scheduled to report results for its fourth-quarter fiscal 2020 that ended on Oct 31 [st] , 2020. The Hanover, MD-based networking systems and software company is expected deliver lower revenues YoY due to a challenging macro environment which was greatly shaped by the pandemic.
Adobe is gearing up for its fiscal Q4 report and Wall Street is expecting nothing less than earnings growth from the software giant.
Expectations are high for Lululemon Athletica /zigman2/quotes/204011506/composite LULU -0.67% as the athletic apparel specialist notched a quick return to sales growth in the prior quarter following COVID-19 shutdowns during spring.