What do you meme?... GameStop reports on Wednesday. ICYMI: GameStop shares have soared 1,400% this year as retail traders rallied around the money-losing video game company. Some are bullish about its new, ecomm-savvy board. But annual sales have fallen each year since 2017. In April, GameStop raised $551M by selling new shares and said its CEO is stepping down. Investors will likely be watching for signs of ecommerce progress.
After Cream of Mushroom Monday... and Tomato Bisque Tuesday: Campbell Soup serves up earnings on Wednesday. The canned soup legend thrived early in the pandemic, as people stocked up on Campbell classics like Snyder's pretzels and Goldfish. After nearly a decade of falling sales, Campbell's soup sales started growing again. But growth has slowed as we return to a lifestyle that involves less can-hoarding. Campbell is trying to keep momentum going with Millennial-friendly recipes — we'll see if it's succeeding.