2 06, 2023

Lululemon Boosts Guidance and Scores 13% Gain on Earnings: 3 Other Reasons We Love This Stock

By |2023-12-07T20:50:29+00:00June 2nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Lululemon (LULU) decided to end the week with a bang as it reported fiscal first-quarter earnings Thursday evening, resulting in a trading frenzy Friday morning. The athleticwear company beat analyst estimates for both earnings and sales figures. EPS of $2.28 topped the expected $1.98, while revenue of $2 billion outperformed the estimated $1.93 billion [...]

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19 05, 2023

Foot Locker Falls 27%+ After Abandoning Full-Year Outlook: Is This an Overreaction or is it Time to Sell?

By |2023-12-07T20:50:53+00:00May 19th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

Foot Locker (FL) released company earnings Friday morning, in which the company didn’t just underperform - they expect things to get worse in the road ahead. The previous full-year guidance has been abandoned amidst a challenging economic climate. And as a result, shares are down 27% so far today. Just how bad was it, [...]

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