Bargains, brake fluid, and bedsheets will decorate the week ahead.
Monday
The short trading week begins with just a few companies, such as Apogee Enterprises (Nasdaq: APOG) and Kayne Anderson Energy (NYSE: KED), reporting their quarterly results. Neither will have much to offer. Analysts see earnings sliding by 37% at Apogee and 8% at Kayne since last year.
Tuesday
The pool of companies posting results widens on Tuesday, with Bed, Bath & Beyond (Nasdaq: BBBY) and Alcoa (NYSE: AA) stepping up. Wall Streets sees a profit of $0.44 a share at the home goods retailer, and a loss at the aluminum giant.
Wednesday
Family Dollar (NYSE: FDO) checks in on Wednesday. Value-priced retailers have been holding up well in this economy. So if you're looking for a break from the companies posting lower year-over-year results, warm up to Family Dollar. The chain is expected to deliver a quarterly profit of $0.60 a share, 33% ahead of last year's showing.
Thursday
Auto parts retailing has also been a winner. Consumers are holding on to their cars longer, and that means more trips to the supply store to keep their vehicles maintained. We'll get a closer glimpse into that theory on Thursday when Pep Boys (NYSE: PBY) reports. The market is braced for a quarterly deficit, though.
Analysts are banking on Pep Boys bouncing back with a small profit for the current quarter, so check out the conference call to see if the company can hit the high beams to provide a good view of the road ahead.
Friday
The market is closed on Friday, in observation of Good Friday. After a healthy bounce in March, the market has probably earned a day off.
Until next week, I remain,
Rick Munarriz
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