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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lululemon Athletica Earnings Preview: LULU stock up ahead of optimistic Q2 forecastsExpectations are high for Lululemon Athletica's (LULU) fiscal second quarter results scheduled for Thursday. Wall Street expects Lululemon to do $1.87 $LULU already broke down on the daily a couple of days ago. More downside.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Stocks 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.
Source: MarketWatch - 🏆 3. / 97 Read more »

Jobs 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.
Source: FoxBusiness - 🏆 458. / 53 Read more »