Target, Macy's, Gap, Home Depot and Wal-Mart are part of Zacks Earnings Preview

   Target, Macy's, Gap, Home Depot and Wal-Mart are part of Zacks Earnings
                                   Preview

PR Newswire

CHICAGO, Feb. 24, 2014

CHICAGO, Feb. 24, 2014 /PRNewswire/ --Zacks.com releases the list of
companies likely to issue earnings surprises. This week's list includes Target
(NYSE:TGT-Free Report), Macy's (NYSE:M-Free Report),Gap (NYSE:GPS-Free
Report), Home Depot (NYSE:HD-Free Report) and Wal-Mart (NYSE:WMT-Free Report).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

To see more earnings analysis, visit http://at.zacks.com/?id=3207.

Every day, Zacks.com makes their Bull Stock of the Day available, free of
charge. To see it, click here.

Tough Period for the Retail Sector

The Retail sector is in focus this week, with a number of major retailers like
Target (NYSE:TGT-Free Report), Macy's (NYSE:M-Free Report),Gap (NYSE:GPS-Free
Report), Home Depot (NYSE:HD-Free Report) and others releasing quarter
results. It has been a tough period for the sector, as Wal-Mart (NYSE:WMT-Free
Report) recently reconfirmed, with weather adding to the sector's many other
challenges. In total, we will see Q4 results from almost 550 companies
releasing results this week, including 43 S&P 500 members. This is the last
major reporting week of this earnings season, as by the end of the week we
will have seen Q4 results from more than 97% of the S&P 500 members. 

The final quarter of the year is the seasonally strongest for the retail
sector. But the last holiday season was challenging for many retailers from
the get go, with a tough competitive environment forcing heavy promotions on
many to move merchandise. Weather wasn't much of a problem earlier on in the
quarter, but has been outright nasty ever since.

The chart below shows how estimates for the sector for the final quarter of
2013 have evolved lately. Please note that the current growth estimate of
-4.5% represents a composite of the 25 S&P 500 retail sector companies that
have reported and the 17 still to come.

The Retail sector's Q4 problems have continued into the current period as
well, with most companies guiding lower for 2014 Q1.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of
the industries and the stocks poised to outperform the market. Click to
subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed
in 1978. The later formation of the Zacks Rank, a proprietary stock picking
system; continues to outperform the market by nearly a 3 to 1 margin. The best
way to unlock the profitable stock recommendations and market insights of
Zacks Investment Research is through our free daily email newsletter; Profit
from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED
to be worth your time! Register for your free subscription to Profit from the
Pros.

Get the full Report on TGT - FREE

Get the full Report on M - FREE

Get the full Report on GPS - FREE

Get the full Report on HD - FREE

Get the full Report on WMT - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook:
http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities
(including a broker-dealer and an investment adviser), which may engage in
transactions involving the foregoing securities for the clients of such
affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

Zacks.com provides investment resources and informs you of these resources,
which you may choose to use in making your own investment decisions. Zacks is
providing information on this resource to you subject to the Zacks "Terms and
Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment
is the potential for loss. This material is being provided for informational
purposes only and nothing herein constitutes investment, legal, accounting or
tax advice, or a recommendation to buy, sell or hold a security. No
recommendation or advice is being given as to whether any investment is
suitable for a particular investor. It should not be assumedthat any
investments in securities, companies, sectors or markets identified and
described were or will be profitable. All information is current as of the
date of herein andis subject to change without notice. Any views or opinions
expressed may not reflect those of the firm as a whole. Zacks Investment
Research does not engage in investment banking, market making or asset
management activities of any securities. These returns are from hypothetical
portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced
monthly with zero transaction costs. These are not the returns of actual
portfolios of stocks. The S&P 500 is an unmanaged index. Visit
http://www.zacks.com/performance for information about the performance numbers
displayed in this press release.

SOURCE Zacks Investment Research, Inc.

Website: http://www.zacks.com
 
Press spacebar to pause and continue. Press esc to stop.