Happy Monday folks Don’t these seem to come round quicker than they used to? Its time for another Monday Morning Milestones We can get rolling this week with a few highlights from the earnings reports that caught my eye, but there are quite a few more companies that I haven’t touched on so shout out what you’re looking forward to this week -
Ashtead - AHT
If you want to rent anything to do with construction Ashtead are likely going to be on your list to call. The biggest tool hire company in the country is reporting its Q2 numbers on Monday morning. It has been a good year to own Ashtead stock rising by nearly 90% in the past 12 months.
It gets a buy rating from most analysts covering it, it might not be inflation-proof but could it be safer than the rest of the market? Is anyone holding Ashtead out there? Are you happy with the future outlook? It’s trading at almost its all-time high, does this still have room to improve.
Premier African Minerals - PREM
There’s gold in them there hills I tell you!
I have to confess that I don’t know much about African mining companies, or mining companies more generally. What I do know is that for a company of its size we have a nice active thread to shout out to @579529 @Thargaffa @thinking_hydrogen from whom I stole the nice graphic)
Gamestop - GME
It’s £GME … who knows what’s going on now. Will they launch an NFT dividend? Will the squeeze squeeze, has it squoze? We’ll know more on Wednesday - or maybe we won’t. @NoBeef @joeb is there anything you’re looking out for?
Campbells Soup - CPB
After a bruising last 7 days in the market, you might be seeking the stability and safety only offered by canned goods. There is nothing like the comfort from a bowl of hot soup with a 3.7% dividend yielding crusty roll.
Dr Martens - DOCS
Victorius in their lawsuit against the biggest fashion company in the world this week for infringing on their design pattern the cushion-soled boot maker reports their half-year numbers this week. Famously worn by everyone from The Pope to skinheads the newly public company has taken an 11% kicking since it made its debut but that’s unfair according to many analysts with upsides as far as £9 predicted.
Lulu Lemon - LULU
Widely tipped to beat earnings as people have been able to get into their retail stores, with remote working a staple will people continue to splash out on high end athleisure ? Lululemon purchased home fitness company Mirror for $500m last summer, some guidance on its revenue and users will be interesting - before the purchase Mirror had profitability pencilled in for this year.
Costco - COST
91% of Costco members renew their subscriptions and add to this the monthly trend data they have started to release and high expectations to meet. The market likes what it sees and has pushed Costs up by 15% in the last 2 months alone. Can Costco deliver on what the market is anticipating?
What are you looking out for this week? Who have I missed off?
Drop a comment with your milestones or just say Hi below. These threads are always much better when the community shares what they think or know.
I’ve hidden an Easter egg link somewhere - comment below when you find it but not where you found it.