The Week Ahead
April 27, 2026
Economic news
FHFA House Price Index
The index uses publicly available housing price indices to gauge differences in single-family home values. The index has been at record highs according to TradingEconomics.com, indicating the high costs currently associated with buying a single-family home1. It will be interesting to see if there is any decline in pricing for U.S. homes in next week’s announcement.
Housing Starts
In relation to this, we will also see data on housing starts next week on the 29th. Housing starts represent any new residential construction and provide an indicator into the strength of the consumer and economy. Housing starts are of particular interest right now, as the prices of homes are so high. A larger supply of new homes could theoretically put downward pressure on prices, but it is not guaranteed.
Earnings Related Market Movers
Domino’s Pizza (DPZ)
In the last five years, Domino’s has struggled to outpace the market, despite consistent growth. Domino’s Pizza finished 2025 strong, with a 6% increase in total global retail sales year over year to $6.29 billion2. Evidently it was not enough to please investors, as the stock is down nearly 12% year to date (at the time of writing). One factor could be the slowdown in net income growth. Whereas Domino’s had put together income growth of 14.78% and 12.53% respectively for 2023 and 2024, that figure slowed down to 3% growth in 2025 to $601.7 million3.
With this slower growth in 2025, it’s likely that the pizza giant will need to show some stronger momentum in the first quarter especially at a time when the consumer is facing higher living costs and might not be able to spend as much on takeout.
Starbucks (SBUX)
Starbucks is up 16.15% over the last six months, with a little bit of momentum in the fiscal first quarter. Global comparable store sales were up 4% year over year, with a 3% gain in comparable transactions, and an increase in average ticket of 1%4.
Fiscal guidance for 2026 anticipates between 600 and 650 new coffeehouses, and global comparable store sales growth of 3% or more. By comparison, total global comparable store sales declined by 1% in fiscal 20255. CEO Brian Niccol noted that the stronger first quarter results “demonstrate our ‘Back to Starbucks’ strategy is working”.
Roku (ROKU)
Up 21% in the last month (at the time of writing), Roku Inc has strong momentum, despite its high valuation relative to earnings. The streaming stock trades at over two hundred times trailing earnings, but investors seem willing to accept the hefty price tag due to its position within streaming, and strong growth rates in terms of revenue and improving profitability6.
In the fourth quarter of last year, Roku provided guidance that anticipated total net revenue gaining 18% year over year to $1.2 billion. These gains are expected to mainly stem from a 21% gain in platform revenue. For the full year, Roku expected revenues of $5.5 billion which would mark a 16.1% increase year over year, with gross profits of $2.44 billion7.
The question on investors’ minds on the 30th will likely be whether Roku delivered (or beat) on revenues, as well as how the company is fairing in terms of improving profitability.
1 https://tradingeconomics.com/united-states/housing-index
2 https://ir.dominos.com/static-files/d6de61c9-d9b6-46be-b6a6-9b4fe8b77b0f
3 https://www.marketwatch.com/investing/stock/dpz/financials?mod=mw_quote_tab
4 https://investor.starbucks.com/news/financial-releases/news-details/2026/Starbucks-Reports-Q1-Fiscal-Year-2026-Results/default.aspx
5 https://s203.q4cdn.com/326826266/files/doc_financials/2025/q4/SBUX-09-28-2025-Exhibit-99-1.pdf
6 https://www.marketwatch.com/investing/stock/roku/financials/income
7 https://image.roku.com/bWFya2V0aW5n/4Q25-Shareholder-Letter.pdf
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