Lululemon Athletica raised its annual revenue forecast on Thursday betting on resilient demand for its athletic wear in the United States during the holiday shopping season.
Lululemon (LULU) reports earnings after the closing bell, and @LikeFolio's Andy Swan remains bullish on the stock long-term. He says the company is "very near the top" for growth in the athleisure industry, though he warns of macro headwinds pinning pressure on the chain.
Lululemon Athletica Inc LULU will be reporting its third-quarter earnings on Thursday. Wall Street expects $2.69 in EPS and $2.36 billion in revenues as the company reports after market hours.
Investors are looking for evidence that the company's product strategy and holiday momentum can drive a sustained recovery.
Lululemon Athletica (LULU) is slated to report fiscal third-quarter earnings after the closing bell Thursday, with Wall Street analysts looking for revenue and net income to rise year-over-year.
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Evaluate the expected performance of Lululemon (LULU) for the quarter ended October 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
LULU's Q3 results are expected to showcase growth across channels, regions and product categories, with a strong international business and men's category.
Lululemon (LULU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lululemon's varying performance in its two largest markets stems from its differing business cycle in each. We believe there is a lot of unmet demand in China. The market is now shifting focus on the growth rate in the Chinese market. Trading at 24.35x P/E, we believe the company is slightly undervalued but without meaningful upside opportunities.
Lululemon (LULU) concluded the recent trading session at $317.11, signifying a +0.63% move from its prior day's close.
Investors with an interest in Textile - Apparel stocks have likely encountered both Ralph Lauren (RL) and Lululemon (LULU). But which of these two stocks presents investors with the better value opportunity right now?