lululemon(LULU)
Search documents
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
Zacks Investment Research· 2024-01-17 15:32
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.Now that ...
Lululemon: Cutting Pounds, Crafting Profits
Seeking Alpha· 2024-01-12 16:55
Justin Sullivan Investment Thesis In this article, I explore how GLP-1 weight-loss drugs, from Eli Lilly and Company (LLY) and Novo Nordisk A/S (NVO), have impacted people. While briefly discussing the significance of these drugs in the obesity management field, I will mainly dive into their influence on the apparel industry. I think Lululemon Athletica Inc. (NASDAQ:LULU) will benefit greatly as people losing weight will see a need to purchase new, fitting attire. And there is notable data that emphasizes t ...
Wall Street Bulls Look Optimistic About Lululemon (LULU): Should You Buy?
Zacks Investment Research· 2024-01-11 15:32
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?Let's take a look at what these Wall Street heavyweights have to say about Lululemon (LULU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Lululemon currently has an average broker ...
lululemon (LULU) Raises Q4 Forecast on Upbeat Holiday Feat
Zacks Investment Research· 2024-01-10 17:47
lululemon athletica inc. (LULU) revised its guidance for the fourth quarter of fiscal 2023, driven by a robust holiday season performance. The raised view comes just ahead of its participation in the 2024 ICR Conference, scheduled for Jan 8-10, 2024. The updated guidance reveals a notable increase in net revenues and earnings per share, underlining the company's resilience and ability to adapt to evolving consumer preferences.LULU stated that it witnessed balanced sales trends across channels, categories an ...
Lululemon Stock: Exercise Your Right to Wager on a Winner
InvestorPlace· 2024-01-08 16:13
Is Lululemon Athletica (NASDAQ:LULU) stock right for you? The answer is that it depends. There’s an elephant in the room that can’t be ignored, as Lululemon’s founder is stirring up controversy in the media. However, investors may choose to overlook this problem because of Lululemon’s impressive revenue growth.Not everyone will want to invest in Lululemon, and that’s a personal decision. Still, 2024 could shape up to be an amazing year for Lululemon stock. So, let’s dive right in and see why Lululemon is a ...
Lululemon boosts 4Q sales, profit outlook on strong holiday demand
Proactive Investors· 2024-01-08 14:57
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Lululemon Stock Up 52% In Past Year. What Should You Expect Now?
Forbes· 2024-01-08 14:00
Lululemon logo is seen on the building in Santa Monica, United States on November 12, 2023. (Photo ... [+] by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesAfter a 52% increase in the last twelve months, at the current price of around $496 per share, we believe Lululemon (NASDAQ: LULU), a company designing and selling athletic and casual apparel - could see a modest loss in the near term. LULU saw a stellar performance in FY 2023 and its stock has increased from around $326 to $496 over ...
Lululemon Stock Drops as Guidance Boost Isn't Enough
Barrons· 2024-01-08 12:36
Shares of Lululemon Athletica were trading lower after the maker of exercise apparel raised its financial forecasts for the fourth quarter but the earnings guidance at the low end was just shy of analysts’ estimates. ...
Lululemon Athletica's Q4 guidance edges up but low end of range could fall a penny short of FactSet consensus estimate
Market Watch· 2024-01-08 11:44
Lululemon Athletica Inc.’s stock LULU, -0.99% fell 1.6% in premarket trading on Monday after the company said it could fall a penny short of the FactSet consensus estimate at the low end of its fourth-quarter profit guidance. Lululemon said it now expects to earn between $4.96 and $5 a share in the fourth quarter, compared to the FactSet consensus estimate of $4.97 a share. The apparel maker had previously projected fourth-quarter earnings of $4.85 to $4.93 a share. Lululemon Athletica now expects fourth-q ...
Lululemon hits back at founder's anti-DEI comments: They 'do not reflect our company views'
Business Insider· 2024-01-07 16:53
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe athleisure brand Lululemon has distanced itself from its founder and former CEO Chip Wilson's comments about diversity.Wilson, who left the company in 2015, criticized what he called the "whol ...