I don't have a clue what the earnings will be like or if there will be any change in guidance, but we can look at the charts and indicators.
In this daily bar chart of DRI, below, we can see a weak picture for this stock. Prices are below the rising 200-day moving average line and the 50-day moving average has had a bearish slope since the middle of October. It looks like prices could fill a gap from June that goes down to around $95.
The daily On-Balance-Volume (OBV) line has been weakening since September and could make a new low for the move down. A declining OBV line happens when there is more volume on days when the stock closes lower and this tells you that sellers are more aggressive.
In the lower panel is the Moving Average Convergence Divergence (MACD) oscillator which earlier this month crossed the zero line for an outright sell signal.
In this weekly bar chart of DRI, below, we can see a three-year uptrend where prices doubled. Prices closed last week right on the rising 40-week moving average line.
The weekly OBV line has been declining since early September and the MACD oscillator turned to a take profits sell signal in September.
In this Point and Figure chart of DRI, below, we can see that prices made a new low for the move down. I find it interesting that the software has not yet generated a lower price target than $105.18. A rally to $107.61 will improve the chart picture.
Bottom line strategy: While we see a number of technical reasons to be bearish on DRI, the broad market looks like it is establishing a trading low. I do not see enough positives to recommend going long but I probably would not short DRI here.