Lululemon helped send the Q3 earnings cycle off in positivity, with the company's results pleasing investors and causing shares to melt higher following the print.
Major U.S. equities indexes were mixed as markets wrapped up the first week of December.
Shares of apparel company Lululemon Athletica (LULU 15.89%) shot up on Friday after the company provided a solid financial report for its third quarter of 2024 and raised its full-year guidance. As of 3 p.m.
Shares of Lululemon Athletica (LULU) are soaring in Friday's session on the back of strong third quarter results. The athletic apparel company raised its full-year revenue forecast after beating estimates across the top and bottom line, thanks in large part to the brand's strength in international markets.
Lululemon Athletica Inc. LULU shares are trading higher after the company reported better-than-expected third-quarter financial results and increased its share buyback program by $1 billion.
Lululemon (LULU) shares rocketed higher Friday, a day after the athletic apparel company beat third-quarter earnings estimates, and analysts have weighed in with bullish price targets.
Lululemon Athletica (LULU) shares soared on Friday after the activewear retailer reported fiscal third-quarter results that topped analysts' estimates and raised its full-year outlook.
Lululemon stock is soaring Friday after the athletic apparel retailer's beat-and-raise quarter.
Lululemon CEO Calvin McDonald joins 'Squawk on the Street' to discuss the company's quarterly earnings results, growth outlook, state of the consumer, China market, M&A landscape, and more.
In this video, I will cover Lululemon's (LULU 16.52%) recent earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Lululemon NASDAQ: LULU continues to face headwinds like other retailers, but its Q3 results prove the business's durability and the strength of its growth trajectory. Among the report's highlights and market response are the analysts who are overjoyed by the news.
Lululemon Athletica Inc (NASDAQ:LULU) shares surged premarket after the athletic apparel brand's third quarter earnings impressed. Revenue increased by 9% year-over-year to $2.4 billion, above Wall Street estimates of $2.36 billion.