The Week Ahead: Panera and O’Reilly earnings, Mardi Gras, retail sales

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Compass Minerals is scheduled to release quarterly earnings after market close. It’s the first update from the Overland Park, Kan.-based company since an active December, when Compass announced job cuts and revealed plans to pay about $121 million for a 35 percent stake in a Brazilian firm. The company’s conference call will take place Tuesday.

Tuesday

Mardi Gras season winds down in St. Louis — where the Soulard neighborhood is home to one of the largest Mardi Gras celebrations in the U.S. — with a variety of events across the city, including “Fat Bluesday” at the St. Louis Blues game.

Companies of local interest set to report earnings include a trio from the St. Louis area: industrial electronics manufacturer Belden, managed care provider Centene, and bakery-cafe chain Panera.

Presidential primary season continues with the New Hampshire primaries.

Wednesday

Federal Reserve Bank Chair Janet Yellen will testify before the House financial services committee, the Kansas City Star reports. She’ll follow that Thursday with testimony before the Senate banking committee.

Springfield-based O’Reilly Automotive is expected to report quarterly results, as are Euronet Worldwide and Blue Valley Ban Corp., both from the Kansas City area.

Thursday

St. Louis-based Peabody Energy, which has struggled as the global coal market has slumped and has been the subject of bankruptcy talk, will announce results for the year ended Dec. 31 and hold a conference call with analysts.

TreeHouse Foods is scheduled to report quarterly earnings. Earlier this month, the Illinois-based company completed its $2.7 billion acquisition of ConAgra Foods’ private label business, which includes operations in the St. Louis area formerly owned by Ralcorp

Friday

The Census Bureau is scheduled to report retail sales. Following a sluggish close to 2015, observers expect to see a gain in retail sales for January, signaling consumer engagement, Bloomberg reports.

Sunday

Total Valentine’s Day spending is expected to reach a record $19.7 billion, including $1.7 billion for candy and $1.1 billion for greeting cards, according to the National Retail Federation. That could bring a big boost for a couple of Kansas City-based businesses — Russell Stover Candies and Hallmark Cards.


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