Despite a relatively light earnings calendar, the upcoming week features a diverse lineup of notable reports across technology, retail, and consumer goods.
In tech, investors will be watching updates from Adobe (ADBE), Oracle (ORCL), Broadcom (AVGO), Synopsys (SNPS), SailPoint (SAIL), Photronics (PLAB), and Planet Labs (PL), offering fresh insights into software spending, AI-driven demand, and semiconductor trends.
On the retail and consumer front, results from GameStop (GME), Chewy (CHWY), lululemon athletica (LULU), Casey’s General Stores (CASY), The Lovesac Company (LOVE), Designer Brands (DBI), and AutoZone (AZO) will help gauge holiday-season momentum and discretionary spending behavior.
Rounding out the week, Hello Group (MOMO), Campbell (CPB), AeroVironment (AVAV), and Uranium Energy (UEC) are also set to report, adding perspective from packaged foods, defense technology, and the nuclear energy space.
Below is a rundown of major earnings reports due in the week of December 8 to December 12:
Monday, December 8
The week kicks off with a lighter earnings slate, featuring China Online Education Group (COE) scheduled to report premarket, Toll Brothers (TOL) and Compass Minerals International (CMP) to release results after the close.
Tuesday, December 9
GameStop (GME)
Video game retailer, GameStop (GME) is set to release its FQ3 earnings after the market closes on Tuesday, with investors looking for confirmation that the company’s operational turnaround is gaining traction.
The company’s FQ2 results signaled meaningful progress in its turnaround efforts, with net sales rising 21.8% Y/Y to $972.2M, gross profit reaching $283.1M, and adjusted operating income swinging to a positive $64.7M from a loss the year before. These gains were supported by tighter cost controls, including SG&A reductions.
SA contributor Bay Area Ideas upgraded GME to Buy, citing strengthening fundamentals, improving demand, and meaningful operating efficiency gains. The author notes that while the company added debt, likely tied to its Bitcoin strategy, the combination of top-line momentum, cost discipline, and low valuation creates room for multiple expansion. Risks remain, including meme-driven volatility and unclear balance sheet strategy, but the improving business trajectory supports a constructive outlook heading into earnings.
- Consensus EPS Estimates: $0.20 (one analyst estimate)
- Consensus Revenue Estimates: $987.29M (one analyst estimate)
- Earnings Insight: GameStop has beaten EPS estimates in 6 of the past 8 quarters, and revenue expectations in only 1 of those reports.
Also reporting: AutoZone (AZO), Campbell Soup (CPB), AeroVironment (AVAV), Dave & Buster’s Entertainment (PLAY), Cracker Barrel Old Country Store (CBRL), Ollie’s Bargain Outlet Holdings (OLLI), SailPoint (SAIL), Academy Sports and Outdoors (ASO), Designer Brands (DBI), Lakeland Industries (LAKE), Casey’s General Stores (CASY), Korn/Ferry International (KFY), and more.
Wednesday, December 10
Adobe (ADBE)
Adobe (ADBE) is set to report its FQ4 earnings after the market closes on Wednesday, with analysts expecting roughly 10% Y/Y growth in both EPS and revenue. Recently, the company announced plans to acquire software firm Semrush (SEMR) in a $1.9B all-cash deal.
Citi analysts noted that Adobe’s decision to phase out Digital Media ARR as a standalone metric next year, replacing it with total ARR as a sign of moderating momentum amid intensifying Creative Cloud competition. The firm trimmed its price target to $366, citing expectations for ~10% ARR growth in FY2026 and slight margin pressure from AI investments and third-party LLM costs.
Wall Street analysts remain bullish with Buy ratings, though Seeking Alpha’s Quant Rating system keeps the stock at Hold, reflecting growth uncertainty.
Despite concerns that AI could erode Adobe’s moat, contributors remain constructive.
KM Capital views the stock as a Strong Buy, pointing to resilient revenue trends, unusually low valuation multiples for a SaaS leader, and the potential for an inflection in FQ4 given its long streak of EPS beats.
Brett Ashcroft Green also maintains a Buy, arguing that generative AI is more likely to enhance Adobe’s ecosystem than replace it, with Firefly adoption, strategic partnerships, and subscriber stickiness reinforcing the company’s competitive position. With valuations reset and fundamentals intact, Adobe could regain momentum if growth stabilizes and AI continues to serve as a catalyst rather than a threat.
- Consensus EPS Estimates: $5.40
- Consensus Revenue Estimates: $6.11B
- Earnings Insight: Adobe has exceeded EPS and revenue consistently in all the past 8 quarters.
Oracle (ORCL)
Oracle (ORCL) is scheduled to report its FQ1 results after the market closes on Tuesday, with analysts expecting 15% Y/Y revenue growth and an 11% rise in profits.
Citi anticipates strong AI-related bookings but highlights growing investor concern around capex and debt financing for Oracle’s massive AI infrastructure commitments. While maintaining a Buy, Citi’s Tyler Radke cut the price target to $375, noting weakened sentiment despite solid demand signals.
Wells Fargo initiated coverage with an Overweight rating and a $280 target, citing Oracle’s rapid ascent in AI infrastructure through multibillion-dollar deals with OpenAI, xAI, Meta, and TikTok. The firm sees Oracle Cloud Infrastructure reaching ~16% market share by 2029, supported by leadership in data, enterprise apps, and AI-as-a-service adoption. Still, analysts flagged risks tied to OpenAI concentration, margin pressure from GPU-heavy workloads, and a rising debt load required to support expansion.
Wall Street maintains a Buy consensus, though Seeking Alpha’s Quant Rating remains at Hold on valuation.
SA contributor Vinay Utham also suggests a Hold, noting limited near-term upside given Oracle’s 29.5x forward P/E and rising debt load. Key items to watch include funding plans for AI infrastructure, visibility into cash-flow timing, and updates on the OpenAI partnership.
Conversely, SA contributor Michael Del Monte argues Oracle is a Strong Buy with a $463 target, pointing to its expanding role in domestic AI infrastructure and its modular data-center strategy. He acknowledges OpenAI concentration risk and rising leverage—Oracle may seek ~$38B in new debt—but believes long-term AI demand and hyperscaler support outweigh these concerns.
- Consensus EPS Estimates: $1.64
- Consensus Revenue Estimates: $16.19B
- Earnings Insight: Oracle has exceeded EPS in 4 of the past 8 quarters and revenue in only 2 of those reports.
Also reporting: Chewy (CHWY), Hello Group (MOMO), Synopsys (SNPS), Uranium Energy (UEC), Vail Resorts (MTN), Planet Labs PBC (PL), Nordson (NDSN), Photronics (PLAB), and more.
Thursday, December 11
Costco Wholesale (COST)
Costco Wholesale Corporation (COST) will report its FQ1 results on Thursday, after the close, with analysts expecting steady Y/Y growth in both revenue and profit, supported by resilient traffic and strong membership loyalty.
The retailer continues to post solid top-line momentum. November net sales rose 8.1% Y/Y to $23.64B, and fiscal Q1 sales increased 8.2% to $65.98B. Comparable sales strengthened across regions, led by an 11.4% international gain and 6% U.S. growth. Digital remained a standout, with online comps up 16.6% in November and more than 20% for the quarter. Ex-gas and FX, total company comps rose 6.4% for both the month and the quarter, pointing to broad-based demand heading into the holiday season.
Wall Street analysts remain positive with consensus Buy ratings, though Seeking Alpha’s Quant system stays at Hold due to valuation and growth pressures.
Adding to the skepticism, SA contributor Stuart Allsopp is more bearish with a Sell rating, noting that the stock fell 15% from its February peak, now carries one of the highest PEG ratios among mega caps as sales growth and margin gains moderate.
In contrast, SA analyst Luca Socci maintains a Hold, saying Costco enters earnings with strong comps but elevated uncertainty tied to the tariff-refund lawsuit. He adds that the company’s model continues to benefit from shifting consumer behavior, and with more than $14B in cash, odds of a special dividend rise, though management may wait for clarity on tariff liabilities.
- Consensus EPS Estimates: $4.28
- Consensus Revenue Estimates: $67.16B
- Earnings Insight: Costco has exceeded EPS expectations in 7 of the past 8 quarters, missing revenue estimates twice in that span.
Also reporting: Broadcom (AVGO), lululemon athletica (LULU), Ciena Corporation (CIEN), Mitek Systems (MITK), Lovesac Company (LOVE), and more.
Friday, December 12
The trading week is set to conclude quietly, with only a few earnings reports scheduled for the premarket hours, including Johnson Outdoors (JOUT), and Rent the Runway (RENT).