$BJ

Jim Cramer previews Aug. 17 market watch items, citing mixed futures and upcoming earnings from Walmart, BJ’s Wholesale, Home Depot and TJX. He notes Anthropic Q2 revenue above $11.5B. He also highlights analyst actions: Dell PT raised to $650, CrowdStrike and Palo Alto targets increased, SoFi initiated at $22 PT, Klarna PT raised to $21, Brinkers PT to $240, and Etsy hold at $89.

The article previews a relatively quiet week for markets after inflation and Fed-rate speculation. It highlights upcoming earnings from Walmart (WMT), Alibaba (BABA), Ross Stores (ROST), Deere (DE), BJ’s (BJ), and Baidu (BIDU), plus US manufacturing data and Fed minutes. It cites University of Michigan consumer sentiment and recent retail sales, and discusses AI data-center power constraints and dollar drivers.

According to the article, four large-format grocery and general merchandise retailers reported Q1 results that beat analysts’ consensus revenue estimates by 2.7% as a group, with next-quarter revenue guidance 0.5% below consensus. Target (TGT) reported $25.44B revenue (+6.7% YoY), beating expectations by 3.4%. Walmart (WMT) revenue was $177.8B (+7.3%), but EPS guidance missed. Shares were mixed.

The week ahead focuses on housing and consumer health. Housing starts and pending home sales are due Tuesday, with July starts up 19% month over month and pending sales down 5.4% in June. Earnings include Home Depot (est. $47.27B revenue, $4.73 EPS) and TJX (est. $15.18B revenue, $1.19 EPS), plus Walmart and Ross commentary.

Investors are set for a busy earnings week focused on consumer spending. Walmart (Thursday), Target (Wednesday) and Home Depot (Wednesday) report quarterly results amid softer sentiment, with University of Michigan surveys showing declines and U.S. retail sales down 0.6% in July. The article also lists earnings from Lowe’s, Home Depot, Deere, TJX, Ross, BJ’s and others, plus Fed minutes.

Benzinga says 10 U.S.-listed stocks face the largest options-implied moves this week, with expected swings up to 17.26%. It cites earnings dates and consensus figures for companies including Wolfspeed, Coty, BILL, Mercury Systems, ScanSource, and others, noting implied move reflects expected volatility, not direction.

Investing.com reports that BJ’s Wholesale Club Holdings Inc. (BJ) shares could swing about 5.8% around its Aug. 21 earnings release, based on Bloomberg options data. The implied move was larger or smaller than actual moves in several prior quarters, including a 9.7% drop on May 22 versus a 6.3% implied move.

Industry reports cite resilient U.S. retail demand in July. CNBC/Retail Monitor said core retail sales rose 0.3% month over month and 4.72% year over year. Placer.ai reported higher mall foot traffic. Analysts at TD Cowen discussed Walmart, BJ’s and Target; Morgan Stanley covered Victoria’s Secret. Bank of America cited World Cup spending gains. Guggenheim cut price targets for Planet Fitness and Capri.

The U.S. Supreme Court invalidated President Trump’s “Liberation Day” tariffs under the IEEPA. According to U.S. Customs and Border Protection, about $100 billion in tariff refunds, including interest, has been certified and sent to Treasury for disbursement. CBP collected about $166 billion, and refunds are flowing to importers such as Nike, Walmart, Apple, Ford, Nintendo, and Amazon.

BJ’s Wholesale Club has filed plans with New Hartford, New York, to build a new location at Sangertown Square, according to the Rome Sentinel. The proposal will be reviewed at a Planning Board and Zoning Board of Appeals meeting and public hearing on Aug. 20. If approved, it would convert the former Macy’s space and add a gas station.