Pre-Market Earnings Report for August 28, 2025 : TD, CM, DG, BURL, HRL, BBY, DKS, OLLI, BBWI, VSCO, LUCK, BBW

On August 28, 2025, numerous companies across diverse sectors, including banking (Toronto Dominion Bank, CIBC), retail (Dollar General, Best Buy, Bath & Body Works), and food (Hormel Foods), are scheduled to report earnings for the quarter ending July 31, 2025. Consensus EPS forecasts present a mixed outlook, with some firms like CIBC and Burlington Stores anticipating year-over-year growth, while others such as Toronto Dominion Bank and Dollar General project declines. Analyst P/E ratio comparisons further highlight varied growth expectations, with several companies, including TD and CIBC, implying higher future earnings growth relative to their industry peers, offering critical data for investor analysis.

Analysis

Upcoming earnings on August 28, 2025, reveal significant performance divergence across and within key sectors. In banking, Canadian Imperial Bank of Commerce (CM) is forecast for a 1.42% year-over-year EPS increase and has consistently beaten estimates, contrasting with Toronto Dominion Bank (TD), which is expected to see a 2.67% EPS decline and missed in Q4 2024. The retail sector shows a stark split: discount retailers Burlington (BURL) and Ollie's (OLLI) are projected for strong EPS growth of 5.83% and 16.67% respectively, with BURL having a history of significant earnings beats. Conversely, Dollar General (DG) and Best Buy (BBY) are facing substantial projected EPS declines of 8.24% and 8.96%, respectively. The most severe contraction is anticipated at Victoria's Secret (VSCO), with a 67.50% drop in forecasted EPS. Hormel Foods (HRL) stands out with a robust 10.81% expected EPS growth. Despite mixed near-term EPS forecasts, Zacks data suggests several firms, including TD, CM, BURL, and DKS, have forward P/E ratios implying higher future earnings growth compared to their industry peers, whereas firms like DG and VSCO are valued at a discount to their respective industries, aligning with their weaker outlooks.

Key Decisions for Investors

• Consider the divergence within the discount retail sector, where Burlington's (BURL) strong growth forecast and earnings beat history present a stark contrast to Dollar General's (DG) projected earnings decline.
• Investors should scrutinize the operational drivers behind the opposing trends in Canadian banks, as Canadian Imperial Bank's (CM) consistent outperformance may justify a premium over Toronto Dominion (TD), which faces a near-term earnings headwind.
• Extreme caution is warranted for companies with severe projected earnings contractions, such as Victoria's Secret (VSCO) and Lucky Strike Entertainment (LUCK), which face declines of 67.5% and 16.7% respectively, signaling significant fundamental challenges.
• Focus on companies with strong double-digit growth forecasts and favorable P/E comparisons, such as Hormel Foods (HRL) and Ollie's (OLLI), but note OLLI's recent Q1 2025 earnings miss as a potential risk factor.
• Monitor companies with a consistent history of beating consensus estimates, including CIBC (CM), Burlington (BURL), and Bath & Body Works (BBWI), as they may present opportunities for positive earnings surprises.