Lululemon

Lululemon Athletica (NASDAQ:LULU) Issues FY24 Earnings Guidance

Lululemon Athletica (NASDAQ:LULU)  issued an update on its FY24 earnings guidance。 Lululemon Athletica (NASDAQ:LULU) provided EPS guidance of $11.50-11.72 for the period, compared to the consensus EPS estimate of $11.30. The company issued revenue guidance of $9.30-9.41 billion, compared to the consensus revenue estimate of $9.14 billion. Lululemon Athletica also updated its Q1 guidance to $1.93-2.00 EPS.

Lululemon Athletica (NASDAQ:LULU) Issues FY24 Earnings Guidance Read Post »

Q1 2024 EPS Estimates for Lululemon Athletica Inc. (NASDAQ:LULU) Reduced by Wedbush

Wedbush analyst T. Nikic now forecasts that Lululemon Athletica Inc. (NASDAQ:LULU) will earn $1.64 per share for the quarter, down from their previous forecast of $1.70. The consensus estimate for Lululemon Athletica’s current full-year earnings is $9.92 per share.

Q1 2024 EPS Estimates for Lululemon Athletica Inc. (NASDAQ:LULU) Reduced by Wedbush Read Post »

Jefferies: Reiterating Lululemon’s (NASDAQ:LULU) Underperforming Rating with a $200 price target

Jefferies analyst Randal Konik said recent trends in web access and search interest suggest a potential slowdown in Lululemon’s (NASDAQ:LULU) business. Internet visits rose about 33 percent year-over-year in February but fell about 22 percent month-on-month, marking the third straight month of growth deceleration, analysts said. Jefferies reiterated its underperform rating and $200 price target for Lululemon stock.

Jefferies: Reiterating Lululemon’s (NASDAQ:LULU) Underperforming Rating with a $200 price target Read Post »

Jefferies: Reiterate Lululemon’s (NASDAQ:LULU) underperform rating and $200 price target

Jefferies analyst Randal Konik said the bank’s analysis of pricing data showed that Lululemon (NASDAQ:LULU) accelerated its rollout in January, while a recent visit to stores indicated an increased risk of markdowns in the outerwear category. The analyst sees increased downside risks to Lululemon’s fourth-quarter gross margin guidance, reiterating its underperform rating and $200 price target for the stock.

Jefferies: Reiterate Lululemon’s (NASDAQ:LULU) underperform rating and $200 price target Read Post »

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