Here is the share price performance of the companies I track continuously. I focus on the period from 01.12.2024 - 15.01.2025

• 3i Group $III (+1,85 %) -0,64%
• TJX Companies $TJX (-2,36 %) -5,61%
• Dollar Tree $DLTR (+3,31 %) -3,39%
• Dollar General $DG (+2,9 %) -11,85%
• Five Below $FIVE (+5,37 %) -4,68%
• Dollarama $DOL (+2,13 %) -8,75%
• Pepco Group $PCO (+3,08 %) -4,43%

My portfolio currently contains shares in 3iGroup.

Action published its latest figures in November, which underline its strong growth in Europe. Action has achieved achieved net sales of 10.733 billion eurosaccompanied by an operating EBITDA of 1.532 billion euros - an impressive increase of 26 %. increase of 26 % compared to the previous year. What particularly impresses me is the like-for-like growth of 10.1%, driven entirely by volume increases. In a rising cost of living environment, Action shows how effective a strategy that passes on discounts directly to customers can be. Despite industry-wide price increases, Action remains a model of efficiency. In the first nine reporting periods of the year, 189 new stores were opened and 350 new stores were planned for the full year 2024. I assume that this target has been achieved. I find the rapid expansion in Italy, Portugal, Slovakia and Spain particularly exciting.

Basically, it can be said that US stocks (e.g. Dollar Tree and Dollar General) recorded high losses in 2024. Among other things, this was due to a lack of efficiency, but also to the threat of Trump's punitive tariffs on goods from China. Therefore, another exciting candidate for me is Dollarama, as they operate exclusively in Canada and Latin America.

Earnings next week 🗓️

$ZS (-2,38 %)

$CRM (-2,76 %)

$OKTA (-3,44 %)

$LULU (+4,8 %)

$MRVL (-2,89 %)

$CHWY (+1,4 %)

$PATH (-0,4 %)

$ULTA (+5,42 %)

$S (-2,7 %)

$FL (-3,3 %)

$DOCU (-1,97 %)

$DLTR (+3,31 %)

$GTLB (-3,58 %)

$HPE (-0,83 %)

$IOT

$DG (+2,9 %)

$CRDO

$PSTG (-3,78 %)

$VEEV (-0,45 %)

$AEO

$BOX (+0,15 %)

$FIVE (+5,37 %)

$TD (+1,62 %)

$CURV

$BNS (+1,44 %)

$SNPS (-0,47 %)

$RY (+1 %)

$CNM

$ASAN (-2,68 %)

$WOOF (+5,93 %)

$BBW (-7,01 %)

$DCI

$CHPT (+5,5 %)

$BASE (+0,38 %)

$VSCO (+7,62 %)

$CSIQ (+2,75 %)

$THO (+3,13 %)

$GWRE (-1,29 %)

$SIG (+1,07 %)

$CBRL (+1,83 %)

$COO

$CPB (+0,48 %)

$BMO (+0,33 %)

$DSGT

$DOO (+0,7 %)

$CAL

$SMAR

$REX (+1,14 %)

$PVH (+3,67 %)

$PEAK (+0,3 %)

🧵 3

Of course, there is also a large network of non-food discount stores in the USA. With Dollar Tree ($DLTR (+3,31 %)), Dollar General ($DG (+2,9 %)) and Five Below ($FIVE (+5,37 %)), there are at least three listed companies. I have also included the off-price retailer TJX Companies, better known here as TK Maxx, on the list.

In FY2023, the leading non-food discounters Dollar Tree, Dollar General, Five Below and TJX Companies posted respectable sales and solid EBITDA performance, indicating robust demand and their efficiency strategies.

Dollar Tree generated sales of USD 30.6 billion and EBITDA of USD 3.004 billion. The discount giant was able to increase its performance through a broad product range and a successful store network.

Dollar General achieved the highest sales in this group with USD 37.8 billion and an EBITDA of USD 4 billion. The company benefited from its extensive presence and a strong price-performance strategy that appeals to price-conscious customers.

Five Below achieved sales of USD 3.1 billion and EBITDA of USD 516 million. Focusing on young customer groups and inexpensive trend articles, the company recorded further growth, albeit at a lower sales level than its established competitors.

TJX Companies, the parent company of TK Maxx, reported sales of USD 49.9 billion and the highest EBITDA in the Group at USD 6.1 billion. With off-price offers and an established brand, TJX was able to further expand its leading position in the market for affordable fashion and household goods.

You can invest directly in all companies. It is interesting to note that the asset managers Black Rock and Vanguard are invested in all US companies, in some cases with considerable stakes.

Part 1 https://getqu.in/AWbuxi/

2nd part https://getqu.in/4cohv8/

Earnings times today (+6h for CEST) ⏰

$NVDA (-2,77 %)

$CRWD (-2,09 %)

$CRM (-2,76 %)

$AFRM (+3,9 %)

$OKTA (-3,44 %)

$FIVE (+5,37 %)

$PSTG (-3,78 %)

$HPQ (+0,98 %)

$NTAP (-0,62 %)

$VEEV (-0,45 %)

$NTNX (-3,47 %)

$VSCO (+7,62 %)

$APLD (+1,88 %)

$IREN (+7,58 %)

Real-time results & analysis: https://t.me/Aktien_Stammtisch

What we can expect next week:

Monday, June 3:

• S&P Flash U.S. Manufacturing PMI (May)
• Construction Spending (April)
• ISM Manufacturing (May)
• Quarterly reports from GitLab ($GTLB (-3,58 %) ) and Science Applications International Corp. ($SAIC (+1,95 %) )

Tuesday, June 4:

• Factory orders (April)
• Job offers (April)
• Quarterly reports from CrowdStrike Holdings ($CRWD (-2,09 %) ), Hewlett Packard Enterprise ($HPE (-0,83 %) ) and Bath & Body Works ($BBWI (+0,59 %) )

Wednesday, June 5:

• S&P Flash U.S. Services PMI (May)
• ADP Private Sector Employment (May)
• ISM Services (May)
• Trade deficit USA (April)
• Quarterly reports from Lululemon Athletica ($LULU (+4,8 %) ), Dollar Tree ($DLTR (+3,31 %) ), Campbell Soup ($CPB (+0,48 %) ) and Five Below ($FIVE (+5,37 %) )

Thursday, June 6:

• Initial claims for unemployment benefit (week ending June 1)
• Quarterly reports from Samsara ($IOT ), Docusign ($DOCU (-1,97 %) ), Nio ($NIO (+5,73 %) ), J.M. Smucker ($SJM (+0,81 %) ) and Vail Resorts ($MTN (-2,47 %) )

Friday, June 7:

• Labor Market Report USA (May)
• Consumer Credit (May)
• Wholesale inventories (April)

Here is an overview for next week:

Monday

• Confidence of the house builders (February)
• Launch of Nvidia ($NVDA (-2,77 %) ) GTC (Global Processing Unit Technology Conference) with a keynote speech by founder and CEO Jensen Huang
• Quarterly report from Science Applications International Corp. ($SAIC (+1,95 %) )

tuesday

• Quarterly reports from HealthEquity
  Inc. ($HQY (-1,35 %) ) and Xpeng ($9868 (+4,38 %) )

Wednesday

• Interest rate decision of the Federal Open Market Committee (FOMC)
• Press conference by Federal Reserve Chair Jerome Powell
• Quarterly reports
  from Micron Technology ($MU (+1,27 %) ), General Mills ($GIS (-0,56 %) ), Five Below Inc. ($FIVE (+5,37 %) )
  , Chewy Inc. ($CHWY (+1,4 %) ), KB Home ($KBH (+3,3 %) ) and Ollie's Bargain Outlet Holdings Inc. ($OLLI (-2,54 %) )

Thursday,

• Initial claims for unemployment benefits (end of the week ending March 15)
• Philadelphia Fed Manufacturing Index (March)
• US Services Purchasing Managers' Index
  (PMI) the S&P (March)
• 
  US Manufacturing PMI the S&P (March)
• Existing home sales (February)
• Quarterly reports from Accenture PLC ($ACN (+0,38 %) ), Nike ($NKE (+2,01 %) ), FedEx ($FDX (-1,53 %) ) and Lululemon Athletica Inc. ($LULU (+4,8 %) )

Friday

• Deadline for budget billsto avoid a partial shutdown

This has been a long marathon, finally the sub-portfolio is complete - at least for now. It took us a little longer than a year to reach the intended number of 10 different stocks! 😄

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What do you think about the selection? Would you have replaced one stock with another? 🤔

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At this point, it is worth mentioning that I have already initiated the sale of UFP Industries. The reason for this is not that I am not convinced by the performance, but the "post-treatment" of the return: the income cleaning extremely reduces the return in that case. Lastly, in a Patreon post, I had explained again in detail what you should pay attention to when selecting stocks related to revenue cleansing (note: it is not only the share of impure revenue that matters) 😁

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Do you guys have a replacement candidate for UFP? 🤔

#halal
#investieren

Current tenbagger portfolio:

$FIVE (+5,37 %)
$NVDA (-2,77 %)
$WCH (+1,09 %)
$CPRT (+0,94 %)
$TRI (+0,51 %)
$BOOT (+1,55 %)
$UFPI (+0,71 %)
$WSM (+1,72 %)
$BILL (+2,87 %)
$AMN (-3,37 %)