Bed Bath & Beyond Inc. (BBBY) is due to report results for the first quarter. The home furnishing retailer is expected to earn $0.84 per share on revenues of $2.25 billion. In the year-ago quarter, the company reported earnings of $0.72 per share on revenues of $2.11 billion. The shares closed Tuesday at $74.72. (The stock gained nearly 13% in Q1; MA(50)- $70.50; MA(100)- $66.74; 52-wk H/L $75.84/$48.75)
Red Hat, Inc. (RHT), the world's largest seller of Linux software, is scheduled to post first-quarter results. Quarterly earnings and revenue are expected to be $0.27 per share and $310.77 million respectively. Last year, the company earned $0.24 per share on revenues of $264.75 million. Shares of RHT closed Tuesday's trade at $56.92. (The stock surged around 45% in Q1; MA(50)- $56.60; MA(100)- $53.86; 52-wk H/L $62.75/$31.77)
Micron Technology Inc. (MU) is expected to report third-quarter results. The company is expected to post a loss of $0.20 per share compared to the profit of $0.07 per share last year. Also, the memory chip maker is anticipated to generate revenues of $2 billion versus $2.14 billion in the prior-year quarter. The company's shares closed Tuesday's session at $6.10. (The stock up about 29% in Q3; MA(50)- $6.26; MA(100)- $7.23; 52-wk H/L $9.16/$3.97)
Sonic Corp. (SONC) will report third-quarter results today. Earnings for the quarter are expected to grow to $0.22 per share from $0.21 per share reported a year ago, with revenues estimated at $149.54 million. The stock closed Tuesday at $9.17. (The stock rose almost 14% in Q3; MA(50)- $7.73; MA(100)- $7.72; 52-wk H/L $11.34/$6.35)
Actuant Corp. (ATU), Clarcor Inc. (CLC), Goodrich Corp. (GR) and Steelcase Inc. (SCS) are also slated to report their results today.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.