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