Retailer Next looks set to report "record" numbers, miner Antofagasta will publish its annual results after a troubled few weeks, and a bunch of other listed firms will reveal full-year figures in the week ahead.
Latest eurozone retail data released last week has considerably boosted the revenues outlook for a wide array of FTSE stocks. According to Eurostat, sales in the region surged 3.7% in January from the corresponding month in 2014, the fourth consecutive monthly rise and the biggest annual increase since May 2005.
With this in mind I have picked three London-listed lovelies set to benefit from these improved conditions.
When is the FTSE 100 finally going to break through the 7,000 barrier? It's impossible to tell, but there are plenty of shares in the various indices reaching for the sky:
Broadcaster ITV (LSE:ITV) is up 25% over the past 12 months to 247p, and 375% over five years. As telecoms technology becomes increasingly indistinguishable between providers, content is the key these days, and that's helped ITV to more than double its EPS between 2010 and 2014, with two more years of growth forecast.
Investors in ASOS (LSE:ASC) have enjoyed a great start to the year, with the online fashion company seeing its share price surge by 25% year-to-date. Clearly, this is good news but, with a sky-high valuation, it continues to be difficult to justify buying a slice of the company.
Nomura has come out and said that its strategists remain cautious over the general European retail sector; but, in spite of this, upped its target prices on UK retailers ASOS (LON:ASC) and Next (LON:NXT).
The broker bumped its target on ASC to 3,110 pence a share (from 2,500 pence), while NXT moved to 7,200 pence (from 6,800 pence).
Analysts maintained buy and neutral investment ratings, respectively.
It's a fickle business to invest in, the rag trade, and the fortunes of three of the UK's favourite fashion stocks show how differently things can turn out.
On the one hand, we have high-street supremo NEXT (LSE:NXT) and upmarket designer Burberry (LSE:BRBY)(NASDAQOTH: BURBY.US) both hitting new 52-week highs, and on the other there's online retailer ASOS (LSE:ASC)(NASDAQOTH: ASOMF.US) sitting on a 12-month fall of 51%.
I don't think a big correction in the equity markets is likely, but certain stocks -- such as those of NEXT (LSE:NXT) and Whitbread (LSE:WTB) -- may come under pressure, even if the FTSE 100's rally continues. Here's why.