3 Stocks to Watch This Week
The list of companies reporting earnings this week will include some of the remaining names in retail that have yet to release third-quarter statements. Ollie's Bargain Outlet (NASDAQ: OLLI) has been on a tear over the last few years and will be looking to improve on its slightly weaker second quarter. Dave & Buster's (NASDAQ: PLAY) has had a comp sales problem, and investors have been waiting to see if it can be rectified. lululemon athletica (NASDAQ: LULU) has been an excellent investment with strong financial growth, and markets will be looking for that to continue.
Ollie's Bargain Outlet has quietly been one of the best-performing retailers in recent years. Through the last four fiscal years, Ollie's has handily delivered double-digit revenue growth annually.
Annual net income growth has been an even more impressive story. Earnings increased by 113.5% in fiscal 2018 alone. More recently, things have slowed down a bit. Though total net income is up through the first two quarters of the year, second-quarter net income declined 15.6% from year-ago figures. Adjusted net income for the second quarter declined by 9.9% year over year.
Source Fool.com
