Core Insights - AutoDesk (ADSK) is set to release its second-quarter 2025 results on August 28, with revenue expectations of $1.73 billion, reflecting a year-over-year growth of 14.65% [1] - The consensus estimate for earnings per share is $2.44, unchanged over the past 30 days, compared to $2.15 in the same quarter last year [1] - AutoDesk has consistently beaten earnings estimates in the past four quarters, with an average surprise of 6.22% [1] Financial Performance - AutoDesk entered the second quarter of fiscal 2026 with strong momentum, reporting a 15% revenue growth to $1.63 billion in the first quarter [3] - The Architecture, Engineering, Construction and Operations segment is expected to be the primary growth driver, supported by the adoption of Autodesk Construction Cloud and enterprise business agreements [4] - The Manufacturing portfolio is anticipated to benefit from demand for Fusion and the Product Design and Manufacturing Collection, with AI-driven design automation providing additional support [5] Geographic Insights - The Americas and EMEA regions are expected to lead in expansion, showing sustained double-digit growth, while Asia-Pacific may lag due to Japan's transition and trade dynamics with China and Korea [6] Challenges - Potential headwinds include heightened policy and geopolitical uncertainty that could delay project spending, as well as currency fluctuations [7] - Restructuring and sales optimization actions from the previous quarter may cause short-term disruptions [7] Earnings Prediction - Current analysis does not predict a definitive earnings beat for AutoDesk, as it holds a Zacks Rank of 3 and an Earnings ESP of 0.00% [8]

Core Viewpoint - The Cooper Companies, Inc. is expected to report strong third-quarter fiscal 2025 results, with anticipated revenue growth of 5.4% year-over-year and earnings per share (EPS) growth of 8.2% [2][10]. Group 1: Financial Performance - The Zacks Consensus Estimate for revenues is $982 million, reflecting a 5.4% increase from the previous year [2]. - The consensus estimate for earnings is 92 cents per share, indicating an 8.2% improvement from the prior-year period [2]. - The company has consistently beaten earnings estimates, with an average surprise of 3.18% over the last four quarters [1]. Group 2: Segment Performance - Cooper Companies operates under two main segments: CooperVision (CVI) and CooperSurgical (CSI), both of which have shown strength recently [3]. - The CVI segment is expected to benefit from rising demand for contact lenses, with projected sales growth of 6-7% in fiscal 2025 [8]. - The CSI segment may face challenges due to weak fertility demand, but growth in minimally invasive surgical devices is expected to partially offset this weakness [11][12]. Group 3: Product Demand and Innovations - The CVI segment has seen solid growth across all geographies, particularly in The Americas, and is expected to continue this trend [5]. - Strong demand for premium brands like MyDay is anticipated to persist, supported by new market availability and expanded product offerings [6]. - The company is also launching new products, such as MyDay Energy in Canada and upgraded Clarity One Day Sphere in Japan, which are expected to contribute to revenue growth [4]. Group 4: Market Trends and Challenges - The overall market for contact lenses is projected to grow by 4-6% in 2025, benefiting Cooper Companies due to its leadership in several categories [5]. - The fertility segment is experiencing a decline, particularly in the Asia-Pacific region, which may impact overall sales [12]. - Despite challenges in the fertility market, the company anticipates continued interest in its PARAGARD product, although sales may decline in the upcoming quarter [13].

Core Insights - DICK'S Sporting Goods Inc. (DKS) is expected to report a year-over-year sales increase of 3.6% for Q2 fiscal 2025, with revenues projected at $3.6 billion [1][9] - Earnings per share are anticipated to decline by 1.8% year-over-year to $4.29 [2][9] - The company has a trailing four-quarter earnings surprise average of 5.6% [2] Performance Factors - DKS's quarterly performance is likely to benefit from strategic efforts, brand strength, and market share gains, alongside strong comparable store sales and healthy transaction growth [3] - The company is enhancing service levels through improved digital and store experiences to better meet athletes' needs [5] - Pricing optimization and differentiated product access are expected to support margin benefits in the fiscal second quarter [4] Growth Initiatives - DKS is focusing on three growth pillars: expanding experiential formats, strengthening key categories with premium access, and accelerating its e-commerce and digital ecosystem [5] - The company plans to open approximately 32 new stores across 2025, which includes DICK'S House of Sport and other formats [5] - Ongoing investments in digital, stores, and marketing are aimed at fueling long-term growth [4] Cost Considerations - DKS faces an uncertain macroeconomic environment, with tariff-related challenges expected to pressure performance [6] - Anticipated increases in SG&A expenses are projected to rise by 7.9% year-over-year for the fiscal second quarter due to higher wage rates and investments in talent and technology [6] Earnings Prediction - The Zacks model indicates a strong likelihood of an earnings beat for DKS, supported by a positive Earnings ESP of +0.62% and a Zacks Rank of 3 [7]

Core Viewpoint - Brown-Forman Corporation (BF.B) is expected to report a decline in earnings per share by 9.8% year-over-year for the first quarter of fiscal 2026, despite a projected revenue increase of 4.2% to $911 million [1][2][8]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for fiscal first-quarter revenues is $911 million, reflecting a 4.2% increase from the previous year [1]. - The consensus estimate for earnings per share is 37 cents, indicating a decrease of 9.8% from the prior year's reported figure [2]. Earnings Prediction Model - The current model indicates that Brown-Forman is unlikely to achieve an earnings beat, with an Earnings ESP of -3.62% and a Zacks Rank of 4 (Sell) [3]. Factors Influencing Q1 Results - The company benefits from a premiumization strategy and strong brand investments, particularly in its premium and super-premium brands [4]. - Brown-Forman is focusing on pricing strategy, global expansion, and revenue-growth management initiatives, which are expected to positively impact top-line results [5]. Cost Management and Operational Efficiency - The company aims to optimize its wood supply-chain strategy and improve operating costs, with expected annualized savings of approximately $70-$80 million from strategic workforce initiatives [6]. - Management anticipates a modest reduction in SG&A expenses, which should support key marketing and innovation programs [6]. Market Challenges - Brown-Forman faces a challenging operating environment due to macroeconomic and geopolitical uncertainties, leading to softened consumer demand and discretionary spending [7]. - The company expects margin pressures from the decline in high-margin used barrel sales and the transition to new U.S. distributors [8][9]. Stock Performance and Valuation - Brown-Forman's shares are trading at a forward 12-month price-to-earnings ratio of 18.61X, higher than the industry average of 15.24X [10]. - Over the past three months, BF.B's shares have decreased by 7.9%, compared to a 5.5% decline in the industry [12].

Core Viewpoint - Abercrombie & Fitch Co. (ANF) is set to report its second-quarter fiscal 2025 results on August 27, with expected revenues of $1.2 billion, indicating a 4.8% year-over-year growth [1][10]. Financial Performance - The consensus estimate for fiscal second-quarter earnings is $2.27 per share, reflecting a 9.2% decline from $2.50 in the prior year [2]. - Abercrombie's earnings have historically exceeded consensus estimates, with a 17.8% beat in the last reported quarter and an average earnings surprise of 11.2% over the past four quarters [2]. Earnings Predictions - The company has a positive Earnings ESP of +2.62% and a Zacks Rank of 3, indicating a likelihood of an earnings beat [3]. - Sales growth in the second quarter is anticipated to be driven by the Hollister brand and strong performance across the Americas, EMEA, and APAC regions [4][10]. Strategic Initiatives - Management is optimistic about future top-line performance due to brand positioning and strategic initiatives, including digital innovation and agile inventory management [5]. - Abercrombie is enhancing customer experience through improved delivery and product discovery, supported by investments in technology [6]. Sales Outlook - For the fiscal second quarter, ANF projects net sales to increase by 3-5% from $1.13 billion in the previous year, with a specific expectation of 4.1% growth [7]. - The Hollister brand is expected to grow by 6.1%, while the Abercrombie brand is projected to rise by 2.2% [7]. Cost Pressures - Elevated operating and freight costs are anticipated to impact margins, with operating margin expected to decline to 12-13% from 15.5% in the prior year [8][12]. - The company faces additional cost pressures from heightened tariffs, including a 10% duty on global imports and a 30% tariff on imports from China [9][11]. Market Performance - Abercrombie's shares have increased by 34.6% over the past three months, outperforming industry peers and the S&P 500 [14]. - The current share price of $98.46 is 42.3% below its 52-week high and 50.6% above its 52-week low, with a forward P/E ratio of 9.45X, lower than industry and S&P averages [17].

Core Insights - PVH Corporation is expected to report a year-over-year decline in earnings for Q2 fiscal 2025, with revenues projected at $2.1 billion, reflecting a growth of 1.3% from the previous year, while earnings per share (EPS) are estimated to decline by 34.6% to $1.97 [1][10] Group 1: Earnings Performance - The Zacks Consensus Estimate for PVH's Q2 earnings has remained unchanged at $1.97 per share over the past 30 days, indicating a significant decline compared to the previous year [1] - In the last reported quarter, PVH delivered an earnings surprise of 2.7%, with an average trailing four-quarter earnings surprise of 13.5% [2] Group 2: Market Challenges - PVH is facing a challenging operating environment, particularly in the Asia-Pacific region and China, where macroeconomic headwinds are negatively impacting consumer sentiment [3][4] - The company is experiencing pressure on gross margins due to a more promotional retail environment, higher raw material costs, and currency headwinds, which are expected to affect profitability [5][6] Group 3: Strategic Initiatives - Despite the challenges, PVH's diversified brand portfolio positions it to achieve above-average industry growth, supported by effective marketing strategies and financial control [7] - The PVH+ Plan aims to accelerate growth by enhancing core strengths and connecting key brands with consumers, which may provide some cushion to quarterly performance [8] Group 4: Valuation and Market Performance - PVH shares are trading at a forward 12-month price-to-earnings ratio of 6.74X, below the five-year median of 8.6X and the industry average of 11.03X, indicating an attractive valuation opportunity [12] - Over the past three months, PVH's shares have declined by 8.9%, compared to a 16.4% decline in the industry [13]

Core Viewpoint - Gold Fields Limited (GFI) is expected to report its second-quarter and first-half fiscal 2025 results on August 22, with earnings estimates remaining stable at 59 cents per share [1][2]. Group 1: Earnings and Production Performance - GFI's second-quarter production for 2025 is projected at 585,000 ounces, reflecting a 6% year-over-year increase, while total production for the first half of 2025 reached 1,136,000 ounces, a 24% increase compared to the previous year [5][7]. - The company anticipates headline earnings per share for the first half of 2025 to be between $1.09 and $1.21, representing a significant increase of 203-236% from 36 cents per share in the same period last year [8][9]. - Normalized earnings per share are expected to range from $1.06 to $1.18, indicating a 165-195% rise from 40 cents in the first half of 2024 [9]. Group 2: Cost and Pricing Dynamics - The all-in costs for GFI in the second quarter of 2025 are projected at $2,054 per ounce, up from $1,861 per ounce in the prior-year quarter, while the all-in sustaining cost is expected to be $1,739 per ounce, a 7% increase year-over-year [7][8]. - Rising mining costs have contributed to the increase in all-in costs, which may offset some of the gains from higher gold volumes and prices [9]. Group 3: Market Performance and Valuation - GFI shares have increased by 122% year-to-date, outperforming the industry growth of 72%, as well as competitors Franco-Nevada Corporation (FNV) and Agnico Eagle Mines Limited (AEM), which gained 47.5% and 66.5% respectively [10]. - GFI is currently trading at a forward price/sales ratio of 3.11, which is lower than the industry average of 3.40, while FNV and AEM are trading at higher ratios of 19.54 and 6.07 respectively [13]. Group 4: Strategic Developments - Gold Fields is on track to meet its gold production guidance of 2.25-2.45 million ounces, indicating a year-over-year growth of 13.5% [15]. - The company is enhancing its portfolio through strategic acquisitions, including the full ownership of the Windfall project in Quebec and the pending acquisition of Gold Road, which will provide full ownership of the Gruyere mine in Australia [15][16]. - The ramp-up at Salares Norte in Chile is progressing, with commercial production expected in the third quarter of 2025 [15].

Core Viewpoint - Chewy, Inc. is expected to report growth in both revenue and earnings for the second quarter of fiscal 2025, with sales estimated at $3.1 billion, reflecting a 7.8% increase year-over-year, and earnings per share projected at 33 cents, indicating a 37.5% growth from the previous year [1][3]. Group 1: Financial Performance - The Zacks Consensus Estimate for Chewy's quarterly sales is $3.1 billion, representing a 7.8% increase from the same quarter last year [1]. - The consensus estimate for earnings per share has remained stable at 33 cents, reflecting a year-over-year growth of 37.5% [1]. - Chewy has delivered an average earnings surprise of 8.1% over the last four quarters, with a recent surprise of 2.9% [2]. Group 2: Factors Influencing Performance - Chewy's performance is likely bolstered by its digital capabilities, product assortments, and expansion efforts, including technology upgrades to its online platforms [3]. - Increased product demand, strong consumer engagement, and growth in active customers have positively impacted results, alongside the expansion of Autoship subscriptions and healthcare services [4]. - The estimated net sales per active customer is $589, which is a 4.2% increase from the previous year [5][9]. Group 3: Challenges - The company faces challenges from a tough macroeconomic environment, including inflationary pressures and tariffs, which may have negatively impacted performance [6].

Core Insights - Ross Stores, Inc. (ROST) is anticipated to show revenue growth in its second-quarter fiscal 2025 results, with earnings per share (EPS) estimated at $1.52, reflecting a 4.4% decrease from $1.59 in the same period last year [1] - The revenue consensus estimate stands at $5.53 billion, indicating a 4.7% increase from the previous year's quarter [1] Earnings Performance - ROST has a trailing four-quarter earnings surprise average of 6.1%, with a 2.8% surprise in the last reported quarter [2] - The company has an Earnings ESP of +0.49% and a Zacks Rank of 3, suggesting a favorable outlook for an earnings beat [3] Factors Influencing Q2 Results - Strong growth across merchandise categories and positive customer responses are expected to bolster ROST's performance [4] - The off-price retail model and micro-merchandising strategy are likely to attract value-focused shoppers and optimize inventory allocation [5] - Comparable sales trends have been favorable, with expectations of flat to 3% growth in comps for Q2 [6] Store Expansion and Market Conditions - Consistent execution of store expansion plans is anticipated to contribute to top-line growth [7] - The company is cautious about macroeconomic uncertainties and inflation impacting consumer spending [7] Tariff and Cost Pressures - ROST faces renewed tariff headwinds due to evolving trade policies and elevated duties on goods sourced from China, which could pressure its cost structure [8] - The company expects Q2 revenues of $5.53 billion, with EPS guidance of $1.40-$1.55, reflecting a year-over-year decline primarily due to tariff-related costs [9][11] Margin Compression and Guidance - ROST is preparing for short-term margin compression, with anticipated impacts from tariffs and inflation limiting pricing flexibility [10][11] - The company has withdrawn its fiscal 2025 sales and earnings guidance due to uncertainties [10] Valuation and Stock Performance - ROST is trading at a forward 12-month price-to-earnings ratio of 22.53X, lower than the industry average of 32.67 [12] - The stock has declined by 4.7% over the past three months, compared to a 2.7% decline in the industry [14]

Core Insights - Analog Devices, Inc. (ADI) is set to report its third-quarter fiscal 2025 results on August 20, with expected revenues of approximately $2.75 billion, reflecting a 19.2% increase year-over-year [1][9] - The anticipated adjusted earnings per share (EPS) is $1.92, indicating a 22.2% rise from the previous year's quarter, with a slight upward revision in estimates over the past 60 days [2] Revenue and Earnings Expectations - ADI's revenue forecast of $2.75 billion is within a range of +/- $100 million, while the Zacks Consensus Estimate stands at $2.76 billion [1] - The consensus for adjusted EPS is $1.93, with ADI having consistently surpassed earnings estimates in the last four quarters, averaging a surprise of 5.6% [2] Factors Influencing Q3 Performance - The third-quarter performance is expected to benefit from inventory normalization across direct and distribution channels, alongside improved bookings and lean inventory levels following the semiconductor industry's cyclical downturn [3] - Secular growth trends in industrial automation, healthcare, surgical robotics, automotive, AI infrastructure, and high-end consumer devices are anticipated to drive revenue growth [4] Challenges and Market Conditions - Despite positive growth factors, ADI faces macroeconomic challenges such as tariff-related uncertainties, geopolitical tensions, and inflationary pressures that may impact performance [5] Earnings Prediction Model - The earnings prediction model indicates a strong likelihood of an earnings beat for ADI, supported by a positive Earnings ESP of +0.72% and a Zacks Rank of 3 [6]