Nvidia (NVDA) is set to release its Q2 earnings report on August 28, alongside consumer-centric stocks Ollie’s Bargain Outlet (OLLI) and Ulta Beauty (ULTA), both of which have reached 52-week highs and hold a Zacks Rank #2 (Buy).
For Q2, Ollie’s sales are expected to increase by 14% to $662.68 million, with earnings per share (EPS) projected to rise over 16% to $0.91. In contrast, Ulta’s Q2 sales are estimated to grow by 4% to $2.65 billion, while EPS is anticipated to dip by 5% to $5.03 but could exceed estimates at $5.13.
Recent revisions indicate Ollie’s annual earnings could spike by 14% in FY26 to $4.28 per share, and Ulta’s earnings are projected to dip by 7% in FY26 but rebound by 9% in FY27 to $25.84. Both companies have shown strong momentum, with Ollie’s stock appreciating by over 15% and Ulta’s by more than 25% in the past three months.
