Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.

<div class="block">Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It&#39;s also National Wine Day on Thursday.</div>

Closing Bell

The Day Ahead: Earnings, Key Economic Data, National Wine Day

Let's also take a look ahead of the events, sure to move markets tomorrow. So believe it or not earning season continues, kind of never ends, right. We're going to hear from Costco Alta Beauty and gap among others. We're keeping an eye on Costco in particular as analysts are upping estimates right before the report is set to drop. While the wholesale company has also been seen a rise in memberships as Costco announced earlier this year plans to open 27 new warehouses worldwide in 2023. So we'll be covering these results in real time here on closing Bell with coverage throughout the show and two key economic data points out tomorrow starting with the first revision of the first quarter. GDP. The Bureau of Economic Analysis released its advanced estimate. A first quarter GDP last month showing GDP growth rose 1.1% well below the 2% estimate. Well, tomorrow's report is going to show whether that number is revised up or down. And meantime, we'll also see pending home sales data for the month of April. That's a leading indicator of housing activity in March. Pending home sales fell 5.2% month on month and 23% year on year. Ok. Here's something to celebrate. Maybe you can start tonight after the show at National Wine Day is tomorrow. So get ready to pull out your favorite bottle or head to your local bar to celebrate. You'll have a great get it time store producers for that one. The origin of National Wine Day is unknown, but national Today says its earliest references date back to 2009. Makes sense, right? Drown your sorrows that was during the financial crisis or just up your up your joy. That's probably a better way to put it. They also did us wine production back to 18 12. In California, the state's wine country in the northern Bay area continues to dominate American wine production and national today also saying there were 25 wineries in Northern California in 1974. Today, there are over 800. But if you're not in California, don't fret, you can still have a wine du full day and enjoying some vino, maybe a wine night. That's probably better on a week night just saying it.