Events

Coming up this week...

Monday, June 21, 2021 by Robinhood Snacks | Disclosures

Home, sweet KB Home... KB Home is the Chipotle of homebuilding — but instead of build-your-own-bowl, it's build-your-own-home. KB has thrived on the Big Housing Boom, racking up a backlog of home orders on wild demand. Near-zero interest rates have made mortgages cheaper, while home sales and prices have soared. But interest rate fears and inflation (think: soaring lumber prices) could cool the homebuilding party. KB's earnings on Wednesday could provide a glimpse into future demand.

E-Jordans... Nike reports earnings on Thursday. The Swoosh loves to market nostalgia with AF1s and Jordans, but its superpower is digital. Online orders have been surging, heading toward half of total sales as Nike focuses on direct-to-consumer. With WFH sticking, Dri-FIT leggings could keep flying off digital shelves. But ongoing supply chain issues and competition from rival Lululemon may hit Nike’s performance.