Costco Wholesale CorpCostco reports Thursday with monthly net sales up ~10% but analysts watch for slowing comparable store sales and fuel-price-driven shifts to essentials.
Investors this week will watch quarterly earnings from Costco, General Mills and KB Home alongside August new home sales data. Costco reports results on Thursday, with monthly net sales up roughly 10% in June, July and August, while analysts look for signs of slowing comparable store sales and whether higher fuel prices are pushing shoppers toward more essential-focused spending. General Mills reports on Wednesday, entering fiscal 2027 after cutting prices and increasing spending on innovation and advertising, with first-quarter organic sales growth expected below the low end of the company's full-year range and North America Retail seen as the biggest pressure point. KB Home reports on Tuesday, with analysts anticipating net new home orders to fall 3.4% as weaker affordability and consumer confidence create risk to the company's full-year delivery outlook. August new home sales data arrives Thursday, with economists forecasting sales to tick up to an annualized pace of 620,000, offering another look at how buyers are responding to elevated mortgage rates and affordability pressures.
Costco Wholesale CorpCostco reports Thursday with monthly net sales up ~10% but analysts watch for slowing comparable store sales and fuel-price-driven shifts to essentials.
General Mills IncGeneral Mills enters fiscal 2027 after price cuts and higher innovation/ad spending, with Q1 organic sales growth expected below the low end of its full-year range and North America Retail the biggest pressure point.
KB HomeKB Home reports Tuesday with analysts expecting net new home orders to fall 3.4% as weaker affordability and consumer confidence risk its full-year delivery outlook.