Stocks to watch next week: Netflix, Intel, Burberry, JD Wetherspoon and JD Sports
View original at uk.finance.yahoo.comStocks to watch next week: Netflix, Intel, Burberry, JD Wetherspoon and JD Sports Big names across tech and fashion are among the companies due to report in the week ahead, as the latest earnings season ramps up…
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There is a particular emphasis on outerwear for which Burberry has become traditionally known, which is currently outperforming expectations. It remains to be seen whether the new-found momentum was continued in the 'golden quarter', which included the festive season.
80% confidenceIntel's Core Ultra Series 3 processors will power over 200 PC designs from global partners, making it the most broadly adopted and globally available AI PC platform the company has ever delivered.
80% confidenceAnalysts will also look for commentary on the upcoming slate of film and television content, and an update on Netflix's tiered pricing and membership strategy, as well as an insight on how advertising income continues to develop.
80% confidenceChanges to the business rates regime, and further increases in the national living wage, are putting further pressure on pub landlords' operating costs.
80% confidenceAnalysts will also look for commentary on the upcoming slate of film and television content, and an update on Netflix's tiered pricing and membership strategy, as well as an insight on how advertising income continues to develop.
80% confidenceJD Sports expects profit before tax and adjusting items for the year to be towards the lower end of market expectations, with company-compiled consensus estimate coming in at a range of £853m to £888m.
80% confidenceAfter JD Sports' acquisition of Hibbett, the US is now the group's largest market by sales. Investors are hoping to hear that its increased scale is starting to bring better efficiency, but it could be some time before it has a meaningful impact on the bottom line.
80% confidenceBurberry CEO Joshua Shulman was encouraged by signals throughout the business following interim results in November.
80% confidenceThe pressure is on Burberry to maintain growth and demonstrate that the second quarter performance was not a flash in the pan.
80% confidenceIndustry data suggests Christmas revellers were out in force.
80% confidenceIn recent years, JD Wetherspoon has consistently outperformed the wider pub market and, with sentiment having strengthened since the company last addressed the market, investors look to be expecting more of the same.
80% confidenceIntel guided to Q4 revenue of $12.8bn to $13.8bn and adjusted EPS of $0.08.
80% confidenceKeyBanc upgraded Intel's rating to overweight, highlighting Intel's advances in its manufacturing business and demand for its chips from AI data centres.
80% confidenceBurberry fully recognises that the transformation is still in its early stages, and that of course the fashion industry can be a fickle business.
80% confidenceEuropean consumers are coming under some pressure and it wouldn't be a surprise to see full-year profit guidance get lowered again at JD Sports' next update.
80% confidenceJD Sports is mindful of incrementally weaker macro and consumer indicators, particularly pressures on its core customer demographic including rising unemployment levels and near-term volatility around consumer sentiment.
80% confidenceJD Wetherspoon was pleased with continued sales momentum but mindful of the chancellor's autumn budget and slightly more cautious in its outlook for the remainder of the year.
80% confidence
