Next week's earnings will include Bob Evans Farms (BOBE) , American Eagle Outfitters (AEO) , Box (BOX) , Aeropostale (ARO) , Dollar General (DG) , Medtronic (MDT) , Ambarella (AMBA) and Five Below (FIVE) .
But the company many investors will be watching is Kroger (KR) . Analysts are expecting the grocery retailer to earn 39 cents a share on over $25 billion in sales. Compared to last year's third-quarter results, both profit and revenue are projected to show growth. The company recently announced its acquisition of Midwest grocer Roundy's (RNDY) in a deal valued at around $800 million. The retailer will also refinance Roundy's existing debt of $646 million and invest the cost savings of about $40 million into growth efforts over time. A key component of the acquisition is Roundy's 34 supermarkets under the Mariano's banner in the Chicago area, which expands Kroger's footprint in the region.
"We admire what [Roundy's CEO] Bob Mariano has done with the Mariano's banner in Chicago, where he has created an urban format that is resonating with customers and we expect to apply Roundy's experience to our stores in urban areas around the country," CEO Rodney McMullen said. Investors will be keeping an eye on how Kroger's core food business is doing.
On the economic calendar next week begins with the Chicago PMI report and pending home sales, followed by motor vehicle sales and the ISM manufacturing index on Tuesday. Midweek, we get the ADP employment report and productivity and costs; Thursday, we expect jobless claims. Finally, we end the week with the monthly job report and international trade data.