From a new high-end Windows tablet hoping to gain some traction with a new release and a new accessory to a publisher of edgy video games likely posting strong year-over-year growth, here are some of the things that will help shape the week that lies ahead on Wall Street.
Monday — Game On
The new trading week kicks off with Take-Two Interactive (TTWO) posting quarterly results. This is the video game publisher behind the “Grand Theft Auto” and “BioShock” franchises. Its performance tends to slip between “Grand Theft Auto” releases, but analysts see a strong report this time around.
Take-Two’s releases during the quarter — its fiscal fourth quarter that ended in March — included “Evolve” and “Grande Theft Auto V” for the PC. Take-Two’s computer-based games may not be as popular as its console-based releases, but it should still be a big quarter of growth compared to the prior year’s more ho-hum release slate.
Tuesday — The Etsy Bitsy Spider
Etsy (ETSY) was one of last month’s hottest IPOs. The online marketplace for arts and crafts priced its offering at $16, and it nearly doubled on its first day of trading. Things have cooled off dramatically, and Etsy has surrendered a third of its value since its opening day close of $30.
The biggest setback for Etsy since going public last month is the revelation that major brands are angry at the large amount of counterfeit goods being exchanged on the marketplace. Etsy knows how to draw a crowd. It had 1.4 million active sellers and 19.8 million active buyers when the year began. On Tuesday it will deliver its first quarterly report as a public company. One can expect the counterfeit issue to come up during the subsequent conference call.
Wednesday — Tweetie Pie
Domino’s (DPZ) is offering a new way to let the hungry grab a pizza, rolling out a “tweet-to-order” system on Wednesday. Social-media-savvy customers will be able to hop on Twitter (TWTR) and place an order for a pie by merely tweeting the order to @Dominos.
It gets better. Registered Domino’s customers with set pizza preferences can simply order by tweeting a pizza emoji to Dominos.
Pizza delivery chains have been at the forefront of new ordering technology for years. From mobile apps to ordering right from DVRs and set-top boxes, the leading chains know that millennials crave seamless ways to square away their next meal.
Is your Twitter feed about to get slammed with friends tweeting pie requests to @Dominos? Probably not. Domino’s is likely to generate more publicity than orders with this move. However, free promo is better than paying for publicity. Well played, Domino’s.
Thursday — These Tablets Do Windows
Microsoft (MSFT) starts taking pre-orders for its Surface Pro 3 on Thursday. The high-end tablet runs Windows, and its spec sheet is powerful enough to serve as both a tablet and a laptop. The new generation of Surface Pro devices also works with the new Surface Pen that packs pressure sensitivity to create a more natural writing experience on the touchscreen.
Microsoft may not generate the same kind of buzz with Surface Pro 3 as the iPad does when a shiny new model rolls out, but Microsoft has done a good job of improving the product line as it lowers the price. The Surface Pro 3 starts at $799.
Friday — Soupy Sales
The week closes out with Campbell Soup (CPB) posting quarterly results. Analysts see the food giant behind Pepperidge Farms baked snacks, V8 veggie beverages, and its namesake soups posting $1.93 billion in revenue for the quarter, just shy of the $1.97 billion it poured out last year. Wall Street pros also see a sharp year-over-year drop in earnings, and that should find Campbell trying to explain how it will turn its performance around.