The week of 7–11 September 2026 is set to be a busy one for UK retail investors, with a strong mix of technology, consumer, retail and business services results. Monday gets the week moving with ‘in-play’ Gamma Communications, plus IQE, SigmaRoc and Standard Life, while Tuesday’s Computacenter (more detail below) and Dunelm results should attract particular attention given their relevance to UK technology spending and household consumption.
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Wednesday brings updates from Associated British Foods, Gym Group and Frontier Developments, before Thursday becomes a key day. Currys, Fevertree, Genus and Playtech all report, alongside a major international technology double-header from Adobe and Oracle in the US. Oracle will be closely watched for evidence that its huge AI infrastructure investment is translating into cloud growth, while Adobe (more below) faces questions over AI disruption and subscription growth.
GameStop on Tuesday and Chewy on Wednesday provide additional US retail interest, with Kroger rounding off the week.
Adobe (NASDAQ:ADBE)
Oracle (NYSE:ORCL) is also on deck next week but Adobe’s (NASDAQ:ADBE) Q3 FY2026 results after-hours on 10 September look particularly interesting given the historically low valuation and still excellent quality metrics.
The market will likely focus less on whether it beats estimates and more on AI monetisation and forward growth.
Consensus is around $6.69bn revenue and $6.07–$6.08 adjusted EPS, against Adobe’s guidance of $6.67–$6.72bn and $6.05–$6.10 EPS. A meaningful beat could support the shares, but investors will want evidence that Firefly and other AI products are converting rising usage into paid subscriptions and ARR, rather than simply increasing engagement.
Consensus forecasts for Adobe
| Q3 2025 (reported) | Q3 2026 | YoY Growth | Q4 2026 | |
| Revenue (bn) | $5.99 | $6.70 | 11.9% | $6.85 |
| EPS | $5.31 | $6.09 | 14.5% | $6.33 |
Source: Koyfin
The other big issue is whether management can reassure investors about Creative Cloud competition, particularly cheaper AI-native alternatives, while maintaining pricing and margins. Leadership uncertainty—following CEO Shantanu Narayen’s planned departure and CFO Dan Durn’s exit—also remains a sentiment risk.
That said, a PE of 10.5 (12m rolling forward) seems to more than reflect currently uncertainty while giving little credit to still excellent quality metrics; ROCE ~50%, ROE ~60% and operating margins ~36%. Something to think about.
Analyst sentiment is cautious: consensus is Neutral/Hold, with recent targets ranging from $220 at BofA to $301 at Citi. BofA remains concerned AI could slow Adobe’s longer-term growth, while Jefferies expects an essentially in-line quarter.
Associated British Foods (LON:ABF)
After Shein’s disappointing IPO, next week attention turns to UK fast-fashion retailer Primark when owner Associated British Foods (LON:ABF) publishes its trading update. Investors can expect to hear how the firm fared in the financial year to August next Thursday 10 September.
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In the third quarter to June, the retailer reported negative like-for-like sales, prompting it to slash prices for Q4. Across womenswear, menswear and kidswear, prices were cut by up to 30% in an attempt to boost revenue.
Under pressure from shareholders, AB Foods has agreed to split Primark from the food and ingredients businesses next year. In the meantime, it is bulking up its non-fashion offering, buying Hovis Group and combining it with its own Allied Bakeries unit.
The group is also rationalising its sugar operations, with a beet processing factory set to close early next year. The business has faced weak sugar prices and high energy costs, while consumers are choosing healthier options.
Consensus forecasts for AB Foods
| FY2025 (reported) | FY2026 | FY2027 | |
| Revenue (m) | 19.459 | 19,475 | 19,957 |
| Net profit (m) | 950 | 1,116 | 1,152 |
| EPS (p) | 181 | 154 | 158 |
| DPS (p) | 63 | 60.4 | 61.8 |
Source: Stockopedia
Computacenter (LON:CCC)
Computacenter’s (LON:CCC) H1 results are likely to be judged less on the historic numbers than on whether the AI/datacentre spending boom is translating into sustainable earnings growth. The key figure is FY2026 adjusted PBT guidance: management said in July it expected results comfortably ahead of consensus, which has since risen to £313.7m.
Investors will scrutinise North American hyperscale demand, order backlog, margins and Professional Services, alongside evidence that UK AI-related projects and European activity are improving. Germany’s subdued Professional Services business remains a potential drag.
Consensus forecasts for Computacenter
| FY2025 (reported) | FY2026 | FY2027 | |
| Revenue (bn) | £9.19 | £11.4 | £12.3 |
| EPS (p) | 177 | 221 | 238 |
Source: Stockopedia
Analyst sentiment has turned notably bullish. Peel Hunt upgraded to Buy, raising its target to £60 and forecasting FY2026 PBT of £350m, while highlighting stronger customer spending and improving monetisation. Stifel also upgraded to Buy, citing a record datacentre backlog and improving earnings growth.
Investor takeaway: expectations are now high, so a strong result may already be partly priced in. The biggest upside catalyst would be higher guidance plus evidence that AI infrastructure demand can drive multi-year earnings growth.
On deck next week – Investing.com
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