Despite far from spectacular Q3 results from fashion favourite ASOS, its share price has soared by 17% this week. A two-thirds decline in full year profits for the online retailer has not deterred investors, and its share price stood at 3,482p at the time of writing.

Results to the end of August showed that profits had slumped 68% this year to £33.1m despite a 13% rise in sales to £2.7 bn. These figures won’t have shocked anyone though as they were in line with downgraded expectations, and the overwhelming sentiment is probably relief after a string of dire profit warnings recently. Chief Executive, Nick Beighton, also seems to have inspired confidence explaining that the profit drop has been caused by operational issues, including problems at its German and American distribution centres and an attempt to grow too quickly. Beighton went on to say that now the root causes of the operational issues have been identified, ASOS has made substantial progress’ in fixing them and investors and analysts alike seem convinced. So is ASOS worthy of a shopping spree, or is it likely to end up back on the sale rail? The consensus seems to be that the shares could be good value – analysts think the retailer is showing promising signs of sorting its operational issues. Its commitment to expanding its senior level management team shows ASOS is serious about stronger leadership and the upswing in sales suggests ASOS hasn’t lost its lustre for fashion conscious twenty-somethings.

Its bad news for Scandinavian pizza lovers as takeaway giant Dominos has decided to make its exit from international markets including Norway Sweden and Iceland. The announcement comes after the reveal of its Q3 trading results which show a solid performance in the UK, with a sales rise of 3.9%, but less success overseas.

Expansion in the UK is doing well, with 12 new stores opened in Q3, and online sales up 7.2% in the UK and 9.9% in the Republic of Ireland. The news that the takeaway chain would withdraw from international markets to concentrate on its domestic operations caused share prices to rise 6% to 258.20p at the time of writing. So, could Dominos still deliver, or is this move a warning sign for investors?

The delivery chain has had its fair share of trouble recently – it is caught up in a long-standing row with franchisees about profit-sharing which is not expected to be resolved before next year. Talking about the international withdrawal, soon-to-retire CEO, David Wild, said that ‘while they represent attractive markets, we are not the best owners of these businesses.”, a stance that some analysts have admired. However, opinions are divided on whether Dominos have much room for growth in what is become a very overcrowded home delivery marketplace.

Pest control might not be perceived as the most glamourous of sectors, but Rentokil has certainly delighted its investors with a share price rise of 292% over the last five years. Its shares rose another 2% today, at 451.70p after its Q3 update revealed ongoing organic revenue growth is at its best for over a decade at 5.5%. So, can the stock carry on cleaning up or is it reaching its peak? Its global growth is particularly impressive, particularly in its traditional pest control sector – which should help protect against Brexit. There are concerns though about its huge valuation – due to its success the group now trades at a massive 31.7 times forecast earnings, with just a 1.1% yield so Rentokil needs to continue its pace of growth to justify this.