30 May Watchlist 👀

by | 30 May, 2019

Today we are watching…

1.  Costco (#costco)

US discount retailer, Costco, is looking good ahead of its earnings announcement today. The company has outperformed its industry so far this year, rising 18% thanks to some solid e-commerce and comparable sales growth. The first quarter has been good for retailers, with the majority of Costco’s close rivals beating estimates, leading analysts to believe that Costco may follow in their footsteps. Costco’s announcement will come after today’s trading session closes – make sure you don’t miss it!

2. Dollar General (#dollarg)

Another US Discount retailer, Dollar General, is also on the earnings chopping block today, and analysts are also cautiously optimistic about its chances of beating estimates. The company’s efforts to decrease costs while increasing operational efficiency have paid dividends this quarter, which will likely filter through positively into this report. Moreover, the expansion of its store footprint into convenient locations is set to drive solid performance to come in 2019. Keep your eye on this one!

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