Nikolaeva Elena The final week of May, though shortened by a holiday, is still packed with key earnings reports from various sectors. The list of notable names includes Salesforce ( NYSE: CRM ), Costco Wholesale ( NASDAQ: COST ) and Canopy Growth ( NASDAQ: CGC ). On the tech front, investors will also get results from Marvell Technology ( NASDAQ: MRVL ), Chewy ( CHWY ), Okta ( OKTA ), Zscaler ( ZS ), HP ( HPQ ), Dell Technologies ( DELL ) and C3.
ai ( AI ). Meanwhile, the consumer staples sector will feature results from Dollar General ( DG ), Best Buy ( BBY ), and Hormel ( HRL ). Additionally, retailers such as DICK's Sporting Goods ( DKS ), Ulta Beauty ( ULTA ), Kohl’s ( KSS ), American Eagle ( AEO ), Abercrombie & Fitch ( ANF ), Burlington Stores ( BURL ) and The Gap ( GPS ) are also on the docket.
Below is a rundown of major quarterly updates anticipated in the week of May 27–31: Monday, May 27 U.S. markets are closed in observance of the Memorial Day holiday.
Tuesday, May 28 Hello Group ( MOMO ) Hello Group ( MOMO ) will release its Q1 earnings results before the opening bell on Tuesday. Following mixed Q4 results, the company anticipates Q1 revenue to drop Y/Y. Morgan Stanley recently downgraded the stock to Underweight, citing a limited turnaround story for the Chinese mobile-based social and entertainment service provider.
The firm is also expecting the company's operating profit to decline 25%. The Seeking Alpha Quant Ratings system maintains a Hold rating on the .
