Shoes, shirts, and Cheerios will play bit parts in the week of news that is waiting to happen.
The new trading week kicks off with a Nike
Fiscal 2006 is also the first year that Nike won't have Philip Knight at the helm. The charismatic CEO who helped build Nike over the years retired back in December. The company hasn't missed a step so far in Knight's absence, but a strong start to its new reporting period will be crucial in making sure that the succession strategy was a success.
For once, let's hope that Circuit City
Tuesday will be Circuit City's turn to report its quarterly financials. The consumer-electronics superstore chain has had a rocky run but has put together some respectable results lately. For that reason, it would be awfully intriguing if Circuit City's quarter winds up showing stronger gains than Best Buy posted. It would be even more compelling if Circuit City is able to stick to its forward estimates.
Best Buy may have been a welcome recommendation in the Motley Fool Stock Advisor newsletter back in December of 2003, but now it's Circuit City's turn to show whether it can be the new niche leader.
Most investors tend to have pet stocks. They don't necessarily own the stocks, but they keep tabs on them because those folks feel that the shares provide some pretty good indicators on where the market is heading. My pet stock? Cintas
I think Cintas' results make for the perfect tea leaves when it comes to reading the state of corporate spending. If more companies are hiring, you will see it in Cintas' numbers, since Cintas is the leading provider of workplace uniforms. If more companies feel compelled to upgrade their service contracts with Cintas because of their economic outlooks, you will see that reflected in Cintas' numbers.
The company has been steady through the highs and lows of the corporate growth cycle. In fact, it has grown revenues and earnings for 36 consecutive years. So it's not a matter of whether the company will be growing this quarter. History suggests that's a given. It's just a matter of how much the company has been growing over the past few months.
Cereal giant General Mills
That's why, in terms of the General Mills' cereal line, shareholders will be hoping for a lot of Lucky Charms without going heavy into the Trix.
Fridays tend to be quiet on the earnings front, but not if you're Electro Scientific Industries
The company has had a hand in everything from wireless phones to PDAs to car electronics. Let's see whether it can also have a hand in making sure that we close out the week on a strong note.
Want to learn more about the companies waiting to report earnings this week? Check out:
- Investors Want More From Nike
- Best Buy Almost a Buy
- Cintas Can't Wear Out Success
- Breakfast of Runners-Up
Until next week, I remain,
Longtime Fool contributor Rick Munarriz is a soup fan. He does not own shares in any of the companies mentioned in this story. T he Fool has a disclosure policy. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.