Stocks to Watch: Groupon, Las Vegas Sands

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By David B. Wilkerson, MarketWatch

CHICAGO (MarketWatch) – Groupon Inc., Home Depot Inc., Las Vegas Sands and Dick’s Sporting Goods Inc. are among the stocks that could see active trading on Tuesday.

After the market closed on Monday, Groupon GRPN +1.48%  shares plunged 15% in evening trading, after the company reported weaker-than-expected second-quarter revenue and issued a mild third-quarter outlook.

Nevada regulators are investigating casino Las Vegas Sands Corp. LVS -1.45%  for possible bribery law violations, a Reuters report said late Monday. The probe by the Nevada Gaming Control Board comes on top of investigations by the U.S. Department of Justice and the Securities and Exchange Commission disclosed last week by the Wall Street Journal.

Monster Beverage MNST -1.84%   said late Monday its board doubled the company’s share repurchase program to $500 million. The move comes as shares of the energy drinks maker have tumbled 21% since its Aug. 8 earnings report.

On Tuesday morning, Home Depot Inc. HD -0.45%  is expected to report second-quarter earnings of 97 cents a share on sales of $20.74 billion, according to a poll of analysts taken by FactSet.

TJX Cos. TJX -0.49%  is expected to report a second-quarter profit of 55 cents a share on sales of $6 billion.

Estee Lauder Cos. EL -1.10%  is expected to report fourth-quarter earnings of 16 cents a share on sales of $2.21 billion.

Dick’s Sporting Goods Inc. DKS +0.38%  is seen reporting a second-quarter profit of 64 cents a share on sales of $1.44 billion.

Valspar Corp. VAL +0.67%  is expected to report third-quarter earnings of 96 cents a share on revenue of $1.13 billion.

Towers Watson & Co. TW +0.19%  is seen posting a fourth-quarter profit of $1.24 a share on revenue of $868.7 million.

Saks Inc. SKS -1.36%  is expected to report a loss of 9 cents a share for the second quarter, on sales of $690.6 million.

Cellcom Israel Ltd. CEL -3.31%  is expected to report a second-quarter profit of 26 cents a share on revenue of $381.4 million.

Michael Kors Holdings Ltd. KORS +0.07%  is expected to report first-quarter earnings of 20 cents a share on revenue of $368.3 million.

Cache Inc. CACH +2.99%  is seen posting second-quarter earnings of 20 cents a share on revenue of $61.6 million. 

David B. Wilkerson is a reporter for MarketWatch in Chicago.