lululemon athletica inc. (LULU)
Why Lululemon's Stock Is Going Out of Fashion
As it expands beyond yoga, the company's growth is slowing in its key market and it faces tough competition.
Lululemon Athletica Inc. (LULU) Q1 2024 Earnings Call Transcript
Lululemon Athletica Inc. (NASDAQ:LULU ) Q1 2024 Earnings Conference Call June 5, 2024 4:30 PM ET Company Participants Howard Tubin - Vice President, Investor Relations Calvin McDonald - Chief Executive Officer Meghan Frank - Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Alex Stratton - Morgan Stanley Matthew Boss - JPMorgan Michael Binetti - Evercore Ike Boruchow - Wells Fargo Paul Lejuez - Citi Sharon Zackfia - William Blair Dana Telsey - Telsey Advisory Group John Kernan - TD Cowen Operator Thank you for standing by. This is the conference operator.
Lululemon (LULU) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Lululemon (LULU) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lululemon (LULU) Q1 Earnings and Revenues Beat Estimates
Lululemon (LULU) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.38 per share. This compares to earnings of $2.28 per share a year ago.
Lululemon's Omnichannel Push Drives 35% International Sales Growth
The days of Lululemon's U.S. growth may be over, but it seems that international shoppers are now springing for the North American athleisure look.
Lululemon shares jump on buyback, profit forecast
Shares of Lululemon Athletica jumped after hours Wednesday, after the yoga-wear maker and athleisure giant announced a $1 billion increase to its stock-buyback program and raised its full-year profit outlook.
Lululemon sets sights on doubling revenue by 2026 after Q1 beat
Lululemon Athletica Inc (NASDAQ:LULU) reported better-than-expected earnings for the first quarter of 2024, with its shares rising in after-hours trading on Thursday. The athleisure retailer exceeded expectations, posting earnings per share of $2.54, surpassing the estimated $2.40, while revenue stood at $2.21 billion, slightly above the anticipated $2.2 billion.
Lululemon's North America growth stagnates, retailer issues weak guidance for current quarter
Lululemon beat Wall Street's earnings and revenue estimates, but issued weak second-quarter guidance as it contends with a slowdown in the Americas, its largest market. Last quarter, the company fumbled when it didn't have the right sizes or colors in U.S. stores, which hit sales.
The Best Apparel Retail Stock To Own In June
Shares of Lululemon Athletica (LULU) are down 0.5% this afternoon, last seen at $305.40 ahead of the athletic apparel retailer's first-quarter earnings report, due out after the close today. Analysts expect the firm to post earnings of $2.38 on revenue of $2.194 billion, amid worries about slowing sales growth and competition from newer brands like Alo and Vuori.
Lululemon's Coming Earnings Prompt Investor Jitters
Lululemon faces investor anxiety over slowing sales growth. Analysts remain divided on the stock's future, with some seeing potential for recovery and others predicting continued underperformance.
Time to Buy or Sell Lululemon's (LULU) Stock as Q1 Earnings Approach?
Let's see if it's time to buy or sell Lululemon's (LULU) stock as Q1 earnings approach after-market hours on Wednesday, June 5.
Is It Worth Investing in Lululemon (LULU) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
