Best Buy, Gross Domestic Product in Focus this Week






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For the week of August 24, TheStreet highlights key earnings from major retailers, along with important reports and speeches on the economic calendar. On Monday, Atlanta Federal Reserve Bank President Dennis Lockhart will speak to a public pension forum in Berkley, California. Tuesday, electronic retailer Best Buy (BBY), home builder Toll Brothers (TOL), and discount shoe and accessory store, DSW (DSW) will release their latest quarterly results. More numbers on the housing market with be released Tuesday. The Federal Housing Finance Agency (FHFA) and S&P Case-Shiller Housing Price Index will be released along with new home sales numbers. Lookout for the Consumer Confidence Index released that day. Midweek, more apparel companies like Abercrombie & Fitch (ANF), Chico’s (CHS), and home product retailer Williams-Sonoma (WSM) will show how they did in the latest quarter. Durable Goods Orders, showing the new orders placed with domestic manufacturers will also be released Wednesday. Next, on Thursday, Gross Domestic Product (GDP) along with Jobless Claims, Corporate Profits, and the Pending Home Sales Index will be released. Burlington Stores (BURL), Dollar General (DG), and Tiffany & Co. (TIF) will come out with earnings that day as well. To close out the week, we’ll get personal income and outlays numbers and consumer sentiment survey results on Friday. TheStreet’s Valerie Young reports in New York.

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