Top Retail Earnings For This Week (URBN, HD, SKS, TJX, WMT, BJ, DDS, SPLS, TGT, DLTR, GME, SHLD)

We have already seen earnings come in as a disappointment from Lowe’s Companies today.  We still have quite a few retailers on deck to report earnings this week.  We compiled a more detailed calendar to include Urban Outfitters Inc. (NASDAQ: URBN), The Home Depot, Inc. (NYSE: HD), Saks Incorporated (NYSE: SKS), The TJX Companies, Inc. (NYSE: TJX), Wal-Mart Stores Inc. (NYSE: WMT), BJ’s Wholesale Club Inc. (NYSE: BJ), Dillard’s Inc. (NYSE: DDS), Staples, Inc. (NASDAQ: SPLS), Target Corporation (NYSE: TGT), Dollar Tree, Inc. (NASDAQ: DLTR), GameStop Corporation (NYSE: GME), and Sears Holdings Corporation (NASDAQ: SHLD).  We have used Thomson Reuters estimates and added in more color if applicable. 

Urban Outfitters Inc. (NASDAQ: URBN) is due Monday after the close. Thomson Reuters has estimates of $0.25 EPS and $522.05 million in revenues; next quarter estimates are $0.39 EPS and $613.67 million in revenues.  With shares around $32.40, its 52-week trading range is $29.03 to $39.26.

The Home Depot, Inc. (NYSE: HD) is due Tuesday morning and now the bar is going to unofficially be lower after Lowe’s gave a disappointing number. Thomson Reuters has estimates of $0.50 EPS and $17.03 billion in revenues; next quarter estimates are $0.83 EPS and $19.98 billion in revenues.  With shares around $36.95 and down only 0.2% late-Monday, its 52-week trading range is $26.62 to $39.38.

Saks Incorporated (NYSE: SKS) is due Tuesday. Thomson Reuters has estimates of $0.16 EPS and $731.95 million in revenues; next quarter estimates are -$0.13 EPS and $617.21 million in revenues.  With shares around $11.35, its 52-week trading range is $6.60 to $12.97.

The TJX Companies, Inc. (NYSE: TJX) is due on Tuesday and it just hit a new high on Friday. Thomson Reuters has estimates of $0.81 EPS and $5.17 billion in revenues; next quarter estimates are $0.84 EPS and $5.34 billion in revenues.  With shares around $54.45, its new 52-week trading range is $39.56 to $54.94.

Wal-Mart Stores Inc. (NYSE: WMT) reports early on Tuesday morning. Thomson Reuters has estimates of $0.95 EPS and $103.2 billion in revenues; next quarter estimates are $1.08 EPS and $107.69 billion in revenues.  With shares around $56.00, its 52-week trading range is $47.77 to $57.90.

BJ’s Wholesale Club Inc. (NYSE: BJ) is due Wednesday. Thomson Reuters has estimates of $0.56 EPS and $2.81 billion in revenues; next quarter estimates are $0.72 EPS and $2.95 in revenues.  With shares around $51.35, its 52-week trading range is $36.77 to $52.38. What about the merger talk?

Dillard’s Inc. (NYSE: DDS) is due Wednesday.  This hit a new 52-week high on Friday morning.  Thomson Reuters has estimates of $0.91 EPS and $1.47 billion in revenues; next quarter estimates are $0.14 EPS and $1.41 billion in revenues.  With shares around $55.20, its 52-week trading range is $19.26 to $56.76.  Valuation appears to be trading at a premium due to a restructuring and compared to peers.

Staples, Inc. (NASDAQ: SPLS) is due to report earnings on Wednesday. Thomson Reuters has estimates of $0.32 EPS and $6.19 billion in revenues; next quarter estimates are $0.25 EPS and $5.75 billion in revenues.  With shares around $20.00, its 52-week trading range is $17.45 to $23.75.

Target Corporation (NYSE: TGT) is due Wednesday. Thomson Reuters has estimates of $0.95 EPS and $16.02 billion in revenues; next quarter estimates are $0.99 EPS and $16.13 billion in revenues.  With shares around $50.50, its 52-week trading range is $48.23 to $60.97.

Dollar Tree, Inc. (NASDAQ: DLTR) reports on Thursday and we’ll hear more about any would-be buyout interest, maybe.  Thomson Reuters has estimates of $0.74 EPS and $1.51 billion in revenues; next quarter estimates are $0.73 EPS and $1.53 billion in revenues.  With shares around $60.50, its 52-week trading range is $39.16 to $61.80 and that high was hit on Friday.

GameStop Corporation (NYSE: GME) is due Thursday and this is up about 30% from its recent lows of just over two months ago. Thomson Reuters has estimates of $0.54 EPS and $2.23 billion in revenues; next quarter estimates are $0.28 EPS and $1.91 billion in revenues.  With shares around $26.50, its 52-week trading range is $17.70 to $27.69. GameStop hit a new 52-week high just on Friday.

Sears Holdings Corporation (NASDAQ: SHLD) reports on Thursday and we think the bar has already been set very low.  It will be hard to use Wal-Mart and Target for a comparison since the problems at Sears are almost endless.  Thomson Reuters has estimates of -$1.12 EPS and next quarter estimates are -$0.54 EPS. With shares around $76.00, its 52-week trading range is $59.21 to $117.04.

As with all earnings reports, these estimates and even these dates may have already changed. 

JON C. OGG