Lululemon Athletica Earnings Preview: LULU stock up ahead of optimistic Q2 forecasts

Österreich Nachrichten Nachrichten

Lululemon Athletica Earnings Preview: LULU stock up ahead of optimistic Q2 forecasts
Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Lululemon Athletica Earnings Preview: $LULU stock up ahead of optimistic Q2 forecasts

Wall Street expects EPS of $1.87 on revenue of $1.77 billion.Lululemon Athletica's Wall Street expects Lululemon to do $1.87 in GAAP earnings per share on $1.77 billion in revenuedid EPS of $1.65 on $1.45 billion in the same quarter last year, so the consensus forecast amounts to a growth rate of 13% for earnings and 22% for sales.following jobs report with more than half a million newly employed helped LULU retake some ground lostLululemonhas made a name for itself with analysts.

"In our view, LULU is a best-in-class example of effective omnichannel execution. Lululemon’s e-commerce business accounts for ~45% of revenue; in 2021, LULU saw strength in physical and digital , and in 1Q22 e-commerce increased +32% and comps grew +24%." Lululemon needs to enter new apparell categories in order to keep growing its revenue at a robust pace

 

$LULU already broke down on the daily a couple of days ago. More downside.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks headed for more pain as 3,900 becomes new line in the sand for the S&P 500, chart watchers sayStocks headed for more pain as 3,900 becomes new line in the sand for the S&P 500, chart watchers sayA group of popular Wall Street technicians all see more pain ahead for stocks.
Weiterlesen »

Jobs data, Bed Bath & Beyond update, Best Buy earnings top week aheadJobs data, Bed Bath & Beyond update, Best Buy earnings top week aheadFOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Weiterlesen »



Render Time: 2025-01-10 14:07:34