Dollar Tree, Dick's Sporting Goods And 3 Stocks To Watch Heading Into Wednesday

Dollar Tree Earnings To Open Busy Week

Shares of discount-store chain Dollar Tree, Inc. (NASDAQ: DLTR) rose 1.26% in premarket trading on Tuesday, as investors braced for the company's quarterly earnings report due out before the market opens.

Analysts expect the company to post earnings per share of $1.03 on revenue of $6.78 billion.

Dollar Tree has been one of the best-performing stocks in the retail sector over the past year, with its shares up more than 50%. The company has benefited from strong demand for its low-priced merchandise, as consumers look for ways to save money amid rising inflation.

Dick's Sporting Goods Earnings To Close Busy Week

Shares of sporting goods retailer Dick's Sporting Goods, Inc. (NYSE: DKS) rose slightly in premarket trading on Tuesday. The company is scheduled to report its quarterly earnings after the market closes.

Analysts expect the company to post earnings per share of $3.04 on revenue of $3.65 billion.

Dick's Sporting Goods has also benefited from strong demand for its products over the past year, as people have spent more time exercising and playing sports at home.

3 Other Stocks To Watch This Week

• Advanced Micro Devices, Inc. (NASDAQ: AMD) is scheduled to report earnings after the market closes on Tuesday.
• Walt Disney Company (NYSE: DIS) is scheduled to report earnings after the market closes on Wednesday.
• Meta Platforms, Inc. (NASDAQ: FB) is scheduled to report earnings after the market closes on Wednesday.

These three stocks are all expected to report strong earnings this week, as they have all benefited from the recent surge in demand for their products and services.

Conclusion

The stock market is expected to be busy this week, with several major companies reporting earnings.

Investors will be closely watching the results of these companies to get a better sense of the health of the economy and the direction of the stock market.