28 August Watchlist ๐Ÿ‘€

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Today we are watching…

1.ย  Guess? (#ges)

This L.A. clothing brand is facing a financial stress-test today in its earnings release, with both tariffs and unlucky currency exchange rates putting pressure on its bottom-line. With its Asian expansion on hold, the company has turned to Europe! Guess? Inc. wants to continue opening brick and mortar stores, a strategy that would make most other retailers shudder. Guess? knows that in some European countries, retail shopping is a social experience thatโ€™s still very much alive, but that doesnโ€™t make guessing its quarterly results today any easier! The consensus among analysts is that the company will earn $0.29 in profit per share on $673 million in revenue.

2. Brown-Forman (#bfb)

Investors in the spirits industry know the growth opportunities in Asian markets, and shareholders of Brown-Forman are hoping regulatory handcuffs donโ€™t get in the way as the firm ships its Jack Daniels to the region. The company has a new CEO in Lawson Whiting, and he wants his employees to โ€œfight a little harderโ€ now that consumers are embracing a healthy shift. Vodka, tequila, scotch, whiskey, and wine all sit ready to go as investors look forward to Brown-Formanโ€™s earnings release today. Analysts have their sights on $0.37 in profit per share on $761 million in revenue.

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