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Asking for a Trend's Josh Lipton takes a look ahead to this week's biggest earnings releases, including chipmaker Broadcom (AVGO), Lululemon Athletica (LULU), CrowdStrike Holdings (CRWD), Hewlett Packard Enterprise (HPE), and discount retailers Dollar General (DG), Dollar Tree (DLTR), and Five Below (FIVE).
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Here are the earnings we're watching next week. Some big names on deck, including Dollar General, Lulu Lemon, and Broadcom. Starting off with Dollar General, the discount retailer reporting Q1 earnings before the markets open on Tuesday. Analysts anticipating a modest sales improvement driven by new store openings. More people visiting the stores, but they're spending less per trip. Discount rival Dollar Tree reports on Wednesday. And looking at Lulu Lemon, the specialty retailer announcing results for the first quarter on Thursday. Analysts expecting sales to grow, but at a slower pace than forecast. And finally, Broadcom posting second quarter results after the markets close on Thursday. Although the company competes against AI giant Nvidia, it's still considered a key player in the AI chip market, and analysts expecting a strong quarter for Broadcom with 43% annual growth in its AI processor revenue.
