News Formal

Lululemon earnings beat estimates, but shares fall on weaker-than-expected outlook

  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Lululemon earnings beat estimates, but shares fall on weaker-than-expected forecast

The company says same-store sales were up 17% during the latest period.Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai.on Wednesday reported quarterly earnings and sales that topped analysts' estimates, as more shoppers around the world picked up its yoga pants and sports bras. And its men's business continued to grow.

But its shares fell as much as 6% in after-hours trading on the news, as Lululemon's fourth-quarter outlook came in slightly below Wall Street expectations. Lululemon now expects to earn between $2.10 and $2.13 per share during the holiday quarter, while analysts have been calling for earnings of $2.13 a share.Earnings per share: 96 cents, adjusted, vs. 93 cents expectedSame-store sales: up 17% vs. growth of 14.4% expected

Lululemon earlier this week announced its Chief Operating Officer Stuart Haselden would be leaving, effective Jan. 10. He is transitioning to become the CEO at privately held luggage company Away. Lululemon shares have skyrocketed more than 90% this year, making it one of the best-performing retailers on Wall Street. The stock before market close on Wednesday hit a fresh all-time, intraday high of $235.50. Lululemon has a market cap of about $30.4 billion.

 

コメントありがとうございます。コメントは審査後に公開されます。

YangMediaBlackout

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

European stocks slip as trade deadline loomsEuropean shares fell on Wednesday as the deadline approached for new U.S. tariff... The market is crashing !!! The sky is failing !!!! That’s when you go all in !!!
ソース: Reuters - 🏆 2. / 97 続きを読む »

Stitch Fix CEO talks up future for online fashion company as shares soar on strong quarterly resultsShares of Stitch Fix were up more than 8% Tuesday after the clothing styling service's quarterly results beat analyst expectations. Wow what a terrible interview. I think she was just too nervous.
ソース: CNBC - 🏆 12. / 72 続きを読む »