A strong first set of annual results is expected from Dixons Carphone this week while Sports Direct also looks course to report bumper profits and luxury retailer Burberry will be in focus as it publishes a trading update.

Electricals to mobile phones giant Dixons Carphone will report its first set of annual results on Thursday since the creation of the £5 billion company after a merger between two of the high street's biggest names.

Currys and PC World owner Dixons Retail completed its tie-up with Carphone Warehouse in August last year and shares have since risen by a third in value.

The firm aims to the tap into the way technology is expected to transform households by fusing the mobile phone and electrical goods sectors in the "internet of things".

This is seen as opening up a new world where smartphones, tablets and rapid internet speeds will mean appliances such as washing machines and refrigerators are controlled by the touch of a mobile device.

Dixons said last month in its latest trading update that a strong performance meant it would post annual pre-tax profits just above previous guidance of £355 million to £375 million. Analysts have now pencilled in a figure of about £376 million.

The firm said in the update that UK and Ireland same store sales rose 13% in the 17 weeks to May 2 as the business built on momentum seen in Christmas trading, with the figure more than twice City forecasts.

For the full-year, like-for-like sales were up 8% in the UK and Ireland and by 6% across the group as a whole.

Chief executive Sebastian James said the business would "fix the roof while the sun was shining" and would continue to invest in its IT infrastructure, extend its free warranty programme and boost staff training.

In April the business launched its 4G virtual mobile network operator, called iD.

This month, it announced plans to launch up to 500 stores across the US under a tie-up with one of America's biggest telecoms firms.

The group's Connected World Services (CWS) arm agreed a deal with Sprint to open and manage Sprint-branded stores selling phones and tablets, beginning with around 20 stores across areas such as Chicago and Miami.

Graham Spooner, investment research analyst at The Share Centre, said: "Investors will be interested to see whether the company can meet its forecast profit guidance.

"There will also be interest in the level of TV sales following news of a poor performance in that area from some rivals recently, and any news on trading in Europe will attract attention given events in the eurozone at present."

Sports Direct International is expected to again show rivals a clean pair of heels when it posts strong full-year results on Thursday.

The UK's largest sportswear retailer - controlled by Newcastle United owner Mike Ashley - said in a trading update in May that it expected to beat expectations of a 23% rise in pre-tax profits to £295 million.

It also said underlying earnings would be in line with forecasts for £380 million, which will trigger a multi-million pound share payout in September under the staff bonus scheme.

This year's annual target of £300 million was the last hurdle for the payout under the 2011 employee share bonus scheme.

With all targets secured, the scheme will pay out five million shares this September and a further 19 million shares in 2017, worth more than £34 million and £130 million respectively at today's prices to eligible staff.

Brokers at Liberum forecast the group will turn in an annual profit of £300 million, and add the retailer's good relationships with suppliers put it in a good position to grow margins.

They said: "The company has strong relationships with the key sports goods suppliers who are supportive of the company's growth and acquisition ambitions."

The analysts forecast that Sports Direct will have amassed £500 million of net cash by 2017, which gives it the strength to continue to buy European rivals.

Sports Direct is also expected to present further details on its plans for a chain of combined budget gym and sports retail concepts on Thursday, the first one of which is in Aintree, Liverpool.

The group operates more than 400 stores in the UK and has seen a rapid rise to become a FTSE 100 company since being founded by Mr Ashley in Maidenhead in 1982.

Fashion retailer Burberry is expected to report slower trading on Wednesday which comes after disappointing full-year figures in the spring.

Brokers at Hargreaves Lansdown forecast that the firm, famous for its trench coats and check scarves, will post sales for the first three months of the year up between 6% and 7%, compared to 9% at the previous half year and 17% in the same quarter year ago.

Burberry is expected to see its strongest performance in China, an engine of growth for the group, helped by recent price cuts in the region.

In May the group saw its annual profit edge up from £444.4 million to £444.6 million, impacted by currency movements which took a £38 million bite out of the bottom line.

It said at the time that for 2015/16, if exchange rates remained at the same levels, profit would be £10 million higher than at 2014/15 rates. But this was about £40 million down on guidance it gave in April, reflecting the movement in exchange rates.

Chief executive Christopher Bailey also warned of ''increased uncertainty in some markets'', reflecting a slowdown in spending in once booming Asian countries.

In Hong Kong, it also saw a fall in spending in the second half of the year, triggered by democracy protests at the time.

The London-based business, founded in 1856, runs 214 retail stores, 213 concessions, 57 outlets and 67 franchise stores.

During the last full-year it opened six airport stores at Hong Kong, London Heathrow, Barcelona, Madrid, Milan Malpensa and Rome.

It has said that over the course of the current financial year it said it expects to open 15 to 20 stores, with a similar number of closures.

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