1 09, 2023

Lululemon Thrives While Other Brands Struggle, Delivering Solid Q2 Earnings: Time to Buy LULU?

By |2023-12-07T19:53:22+00:00September 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

Lululemon (LULU) seems to be unphased by the broader economic climate, as the athleisure company delivered impressive earnings for the second quarter.  While most brands struggle with sales as consumers are becoming more stringent with discretionary spending, the company reported an 11% sales growth. This led to revenue of $2.21 billion for the quarter, [...]

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, Stocks in the 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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