The Week Ahead: Earnings From Salesforce, Retailers, and More

This week we will be watching as Salesforce.com CRM reports earnings on Thursday after market close. The customer relationship management firm recently finalized its acquisition of Tableau, a data visualization company, in a $15.7 billion deal. Salesforce also announced the acquisition of ClickSoftware, a field service software company, hoping to increase growth on Service Cloud.

Following a disappointing earnings report from Macy’s M, we are looking at fellow department stores Kohl’s KSS and Nordstrom JWN posting on Tuesday and Wednesday, respectively. Macy’s cited a decline in international tourism and competition from e-commerce for the poor report. Both reported dismal first-quarter earnings and have been focusing on technology advancement to boost e-commerce business.

Other retailers that will be announcing next week are Best Buy BBY, Home Depot HD, Target TGT, TJX TJX, and JC Penney JCP.

One of the largest medical technology companies, Medtronic MDT, will also announce earnings on Tuesday after completing its acquisition of Titan Spine, a surface technology company that creates interbody fusion devices.

Royal Bank of Canada RY, Dick’s Sporting Goods DKS, and Estee Lauder EL will also be announcing this week.

Existing home sales will be released Wednesday following new home sales on Friday. Crude oil and natural gas inventories will be released as well.