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5 Things to Watch on Wall Street This Week

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Aeropostale store, New York, USA
Alamy
You can never know in advance all the news that will move the market in a given week, but some things you can see coming. From a snack giant offering earnings to be taken with a grain of salt, to a bunch of retailers posting their initial reads on the holiday shopping season, here are some of the things that will help shape the week that lies ahead on Wall Street.

Monday -- It's Cyber Monday Every Day: The Monday after Thanksgiving is Cyber Monday, a moniker that originated during the early days of e-commerce, when folks returning to work on Monday would use their office computers to hit online retailers and buy what they couldn't find at the malls over the holiday weekend.

A lot has changed since then. Online retailers have gotten better at promoting sales throughout the holiday shopping season. Many popular bricks-and-mortar retailers have beefed up their online stores. There is also vastly wider access to the Internet, so shoppers don't have to wait until they head back to the office on Monday morning.

Forrester Research expects online holiday sales to climb 15 percent to $78.7 billion this season. Obviously, physical store sales won't be growing that quickly.

Tuesday -- What About Bob?: Between its chain of restaurants serving up comfort food staples to its growing line of retail products including its signature sausage, Bob Evans (BOBE) has come a long way.

Bob Evans did sell its Mimi's Cafe chain at a fire-sale price of $50 million earlier this year, placing more weight on its signature restaurants and products. Bob Evans reports on Tuesday afternoon. Analysts see improving profitability, and Bob Evans has had a streak of three consecutive quarters of posting better than expected bottom-line results.

Wednesday -- Keep On Shopping: Several apparel retailers will be stepping up with quarterly results on Wednesday. Express (EXPR), Wet Seal (WTSL), Christopher & Banks (CBK), and Aeropostale (ARO) will be reporting. The actual reports will matter, but the real gems in the releases and conference calls will be any indications the chains provide about how they see the holiday shopping season playing out.

Thursday -- Diamond in the Rough: Diamond Foods (DMND) watches over a growing line of salty snacks that include Pop Secret popcorn, Kettle potato chips, Emerald snack nuts and its namesake Diamond nuts. Diamond Foods offers up fresh financials on Thursday. It's not likely to impress as analysts see a 7 percent decline in revenue and an even larger drop in profitability.

Friday -- Bumpy Landing: American Eagle Outfitters (AEO) closes out a week that's heavy on earnings reports fron clothing retailers.

Things haven't been going well at American Eagle Outfitters lately. It warned a few weeks ago that it will be earning less than half as much as it earned during last year's fiscal third quarter. The registers will also be ringing up fewer sales than they did a year earlier. That's clearly not the kind of momentum that a retailer wants to be showing as it heads into the holiday shopping season.

Motley Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our newsletter services free for 30 days.

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