Some of the local earnings releases to take note of this week include:
While earnings season continues to wind down across the globe, several specialised US retailers are expected to release quarterly numbers including AutoZone (NYSE:AZO) (aftermarket automotive parts and accessories), Kroger (NYSE:KR) (one of the largest US supermarket chains by revenue and the second-largest general retailer) and Ulta Beauty (beauty product retail chain). Bloomberg is guiding for positive earnings growth from all three companies with strong growth from AutoZone expected to have been driven by positive industry trends including favourable weather patterns during the year and uplift from an ageing vehicle population (Deutsche Bank (DE:DBKGn) Research).
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