Today kicks off a busy reporting stretch. KR — The Kroger Co. — releases results this morning, with the call at 8:00 am ET. The $34.6bn grocer carries a modest 4.3% short interest as % of free float. Bears are not pressing hard ahead of numbers.
Housing is the other story. LEN — Lennar Corporation — posts its quarter on Tuesday after the close, with the call set for Wednesday. Short sellers are more active here. SI % FF sits at 10.6%, reflecting ongoing concern over mortgage rates and demand.
Also on Tuesday, TCOM — Trip.com Group — reports after hours. The $24.7bn travel platform offers a read on consumer travel spending in Asia.
UK retailer NXT — NEXT plc — drops its numbers on Thursday morning. The $23bn fashion group is a bellwether for British consumer confidence.
The week closes with PGR — Progressive Corporation — releasing on Thursday. The $125bn insurer is lightly shorted at just 1.1% SI % FF. Analysts will focus on loss ratios and premium growth.
No IPOs are confirmed in the next seven days. The pipeline remains quiet heading into mid-September.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
