Earnings are back in focus on Thursday, with a Benzinga-selected slate that runs from big-box retail and off-price apparel to industrial machinery, shipping and niche tech. With guidance often doing as much work as the headline numbers, options pricing can offer a real-time read on how much volatility traders are bracing for, according to Benzinga Pro.
The marquee name on this list is Walmart, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.
8. Walmart Inc. | Mkt Cap: $920B | Implied Move: 4.50%
Walmart Inc. (NASDAQ:WMT) reports second quarter of 2027 results before the opening bell. Wall Street is looking for 74 cents in earnings per share on $186.68 billion in revenue, compared with 68 cents and $177.40 billion a year ago.
Benzinga Pro data show the options market is implying a 4.50% move, the narrowest on this Benzinga-selected list. Even with that smaller percentage, Walmart’s size makes the stakes hard to ignore, with $41.4 billion of market value at stake.
Walmart remains the world’s largest retailer, spanning more than 10,700 stores globally while pushing deeper into e-commerce. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast; in August, DA Davidson reiterated its Buy rating, while Guggenheim reiterated its Buy rating and cut its price forecast.
Shares have rallied in 2026, up 2.2% year-to-date, but they trade 2.4% below the 200-day moving average after the 50-day moving average crossed below the 200-day in July.
7. Deere & Company | Mkt Cap: $159B | Implied Move: 5.64%
Deere & Company (NYSE:DE) reports third quarter of 2026 results before the opening bell. Consensus estimates call for $4.73 in earnings per share on $10.74 billion in revenue, versus $4.75 and $12.02 billion in the prior-year quarter.
According to Benzinga Pro, options are pricing in a 5.64% post-earnings move. With Deere & valued at $159 billion, that implies roughly $8.96 billion of market cap in play around the print.
Deere & is the world’s leading manufacturer of agricultural equipment and a major producer of construction machinery, leaving investors focused on end-market demand and how management frames the cycle from here. The stock carries a Buy consensus rating and the share price sits below the 180-day average analyst price forecast; in August, JP Morgan and Evercore ISI Group reiterated their ratings and cut their price forecasts.
The stock has rallied in 2026, up 26.1% year-to-date and trading 5.8% above the 200-day moving average. Deere & sits about 36% above the 52-week low of $433.00.
6. Ross Stores Inc. | Mkt Cap: $78B | Implied Move: 6.94%
Ross Stores Inc. (NASDAQ:ROST) reports second quarter of 2026 results after the closing bell. The Street is modeling $1.82 in earnings per share on $5.98 billion in revenue, up from $1.56 on $5.53 billion a year ago.
Benzinga Pro data show options are implying a 6.94% move, putting about $5.4 billion of market value at stake. For an off-price retailer, that implied swing underscores how sensitive the tape can be to traffic trends and margin commentary.
Ross Stores runs a U.S.-focused off-price model with more than 2,100 stores, primarily under Ross Dress for Less, plus a smaller dd’s Discounts footprint. The stock carries a Buy consensus rating and the 180-day average analyst price forecast is above where the stock trades; in August, Evercore ISI Group and Telsey Advisory Group reiterated Outperform ratings and raised their price forecasts, while Wells Fargo downgraded the stock to Equal-Weight in June.
Shares have rallied in 2026, up 29.4% year-to-date and trading 13.8% above the 200-day moving average. Ross Stores sits about 65% above the 52-week low of $143.39.
5. Navios Maritime Partners L.P. | Mkt Cap: $2.4B | Implied Move: 7.19%
Navios Maritime Partners L.P. (NYSE:NMM) reports second quarter of 2026 results before the opening bell. Analysts expect $4.32 in earnings per share on $365.44 million in revenue, compared with $2.15 and $327.56 million in the year-ago period.
According to Benzinga Pro, the options market is implying a 7.19% move, or about $170 million of market value at stake. For a smaller-cap shipping name, that’s a meaningful volatility read into results.
Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels, generally chartering them out across short-, medium- and long-term time charters. The stock carries a Buy consensus rating, and shares trade close to the 180-day average analyst price forecast.
The stock has been one of the stronger tapes in this group: shares are up 61.0% year-to-date and trade 26.7% above the 200-day moving average, leaving Navios Maritime Partners L.P. within 0.7% of the 52-week high of $83.49.
4. OSI Systems Inc. | Mkt Cap: $3.6B | Implied Move: 8.43%
OSI Systems Inc. (NASDAQ:OSIS) reports fourth quarter of 2026 results after the closing bell. Consensus calls for $3.77 in earnings per share on $529.41 million in revenue, up from $3.24 and $504.99 million a year ago.
Benzinga Pro data show options are pricing in an 8.43% move, with about $304 million of market cap at stake. That implied range suggests traders see room for a sharper repricing depending on what the company says about demand across its end markets.
OSI Systems designs and manufactures electronic systems and components used across homeland security, healthcare, defense and aerospace. The stock carries a Buy consensus rating, but the stock is trading well below the 180-day average analyst price forecast; B of A Securities and Citigroup have reiterated Buy ratings while cutting their price forecasts.
The stock has pulled back in 2026, down 14.4% year-to-date, trading 14.3% below the 200-day moving average after the 50-day moving average crossed below the 200-day in June. OSI Systems sits about 30% below the 52-week high of $311.72.
3. Flowers Foods, Inc. | Mkt Cap: $1.6B | Implied Move: 8.72%
Flowers Foods, Inc. (NYSE:FLO) reports second quarter of 2026 results after the closing bell. Wall Street is looking for 22 cents in earnings per share on $1.23 billion in revenue, versus 30 cents on $1.24 billion in the prior-year quarter.
According to Benzinga Pro, options are implying an 8.72% move, with about $136 million of market value at stake. That’s a sizable swing for a packaged-food name, where investors often key in on pricing, volumes and margin cadence.
Flowers Foods produces and markets packaged bakery foods across the U.S., including breads, buns, rolls, snack items, bagels, English muffins, tortillas and baking mixes. The stock carries a Hold consensus rating and the share price sits below the 180-day average analyst price forecast; in May, Stephens & Co. reiterated an Equal-Weight rating and cut its price forecast.
Flowers Foods has struggled on the tape in 2026, down 31.6% year-to-date and trading 20.5% below the 200-day moving average. The shares sit about 54% below the 52-week high of $16.07.
2. Scansource Inc. | Mkt Cap: $1.1B | Implied Move: 12.84%
Scansource Inc. (NASDAQ:SCSC) reports fourth quarter of 2026 results before the opening bell. The Street expects $1.13 in earnings per share on $797.74 million in revenue, compared with $1.02 and $812.89 million a year ago.
Benzinga Pro data show the options market is implying a 12.84% move, putting about $136 million of market cap at stake. That elevated implied move signals traders are braced for a bigger reaction to the company’s outlook than the headline quarter alone.
Scansource provides value-added services for technology manufacturers and sells to resellers in specialty technology markets, with operations spanning Specialty Technology Solutions and an Intelisys & Advisory segment. The stock carries a Buy consensus rating, though the 180-day average analyst price forecast sits well below where the stock trades.
Shares have rallied in 2026, up 33.9% year-to-date, trading 21.0% above the 200-day moving average since the 50-day moving average crossed above the 200-day in June. Scansource sits about 55% above the 52-week low of $33.76.
1. Advance Auto Parts Inc. | Mkt Cap: $3.5B | Implied Move: 12.98%
Advance Auto Parts Inc. (NYSE:AAP) reports second quarter of 2026 results before the opening bell. Consensus estimates call for 81 cents in earnings per share on $2.04 billion in revenue, up from 69 cents on $2.01 billion a year ago.
According to Benzinga Pro, options are pricing in a 12.98% move — the widest implied swing on this Benzinga-selected list — with about $448 million of market value at stake. That sets up a high-tension print for a retailer where investors can quickly re-rate the story on execution and forward commentary.
Advance Auto Parts is a major North American auto-parts retailer with more than 4,000 store and branch locations, with roughly half of sales tied to the professional channel and the rest to DIY customers. The stock carries a Hold consensus rating and shares trade below the 180-day average analyst price forecast; in August, Citigroup and Evercore ISI Group reiterated their ratings and cut their price forecasts, while RBC Capital reiterated a Sector Perform rating and raised its price forecast.
Advance Auto Parts has rallied in 2026, up 46.5% year-to-date and trading 8.7% above the 200-day moving average. The shares sit about 51% above the 52-week low of $37.89.
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