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The Week Ahead: Macy's, Airbnb, and Berkshire Hathaway to Report Earnings

Nvidia and Home Depot are among several big companies on our radar for the week ahead.

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To start off the week, Home Depot (HD) and Macy's (M) are expected to report earnings on Tuesday. On Wednesday, we expect a report from Nvidia (NVDA), followed by reports from Salesforce.com (CRM), Anheuser-Busch (BUD), and Airbnb (ABNB) on Thursday. Closing out the week, we will be looking out for word from Berkshire Hathaway (BRK.B) on Friday.  

The pandemic has accelerated the e-commerce trend, therefore accelerating the loss of market share for department stores. No-moat Macy's, which has been struggling for some time, has responded to these market changes with its Polaris plan. This plan includes store remodeling, store closures, improved e-commerce, and expansion of its Backstage concept. We do not think Macy's can regain the lost sales. 

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Carole Hodorowicz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.