Meme stock darling GameStop headlines next week’s earnings report lineup. The videogame retailer reports results after the market closes on Wednesday. AUTOZONE,
KC’s General Stores,
And Toll Brothers reported earnings on Tuesday, followed by Brown-Forman and Campbell Soup on Wednesday. broadcom,
And Hormel Foods rounds things up on Thursdays.
On Monday, Union Pacific will hold a conference call to discuss its climate action plan. McKesson and Southwest Airlines host their 2021 Investor Days on Wednesday, followed by CVS Health and Tyson Foods on Thursday.
The Federal Reserve’s report on October consumer credit data will be released Tuesday. On Thursday, the US Department of Labor reports initial jobless claims for the week ending December 4.
The Bureau of Labor Statistics releases the Consumer Price Index for November on Friday. The consensus estimate is for a 6.7% year-over-year jump, which is half a percentage point higher than in October. Core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% earlier.
Union Pacific organized a conference to discuss its climate action plan.
AutoZone, Casey’s General Stores and Toll Brothers announce quarterly results.
federal Reserve Report on consumer credit data for October. After decreasing slightly last year, total outstanding consumer debt has risen by an average of $20 billion a month through September, to a record $4.37 trillion.
BLS Release Job openings and labor turnover surveys. Economists forecast 10.5 million job openings on the last trading day of October, down just 600,000 from a record high of 11.1 million in July.
Brown-Forman, Campbell Soup, and GameStop report earnings.
McKesson and Southwest Airlines hosted their 2021 investor days.
Edwards Lifesciences held an investor conference in Irvine, Calif. The company will discuss its product pipeline as well as its financial outlook for 2022.
bank of canada announced its monetary policy decision. The central bank is expected to keep its key short-term interest rate unchanged at 0.25%. At its meeting in late October, the bank ended its quantitative-easing program and indicated that its first interest rate hike would be earlier than expected in 2022.
Broadcom, Costco Wholesale and Hormel Foods hold conference calls to discuss quarterly results.
CVS Health and Tyson Foods host their annual Investor Day.
Labour Department Initial jobless claims report for the week ended December 4. Jobless claims averaged 238,750 in November, the lowest since the start of the pandemic, and just 24,750 more than in February of 2020.
Archer-Daniels-Midland celebrated its Global Investor Day.
Centene holds an investor meeting and will provide financial guidance for 2022.
labor bureau The figures release the Consumer Price Index for November. The consensus estimate is for a 6.7% year-over-year jump, which is half a percentage point higher than in October. Core CPI, which excludes volatile food and energy prices, is expected to rise 4.8% versus 4.6% earlier. October’s 6.2% rise was the hottest by the CPI in more than 30 years, and last week Federal Reserve Chairman Jerome Powell finally gave up “momentary” when discussing inflation before the Senate Banking Committee.
University of Michigan Releases its Consumer Sentiment Index for December. Economists have forecast 66 readings, slightly lower than November’s figures.
write to Connor Smith at [email protected]