2 Retail Stocks Making Sharp Moves After Earnings

LULU was last seen up 6.3% to trade at $327.81, on track for a third-straight win and best single-session pop since Oct. 16. The company's first-quarter earnings and revenue exceeded expectations, prompting four bull notes, the highest from Stifel to $416 from $410. Second-quarter guidance is keeping the gains from going haywire, however, and explains the five price-target cuts from analysts this morning. Despite today's gap higher, the shares are down 36% in 2024 and hit an annual low of $293.03 on May 28. ...