Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Casual denim trend, higher prices fuel Levi's upbeat forecast [Reuters]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: Reuters
Wednesday, bolstered by higher prices and strong demand for its jeans and jackets, sending its shares up 8% after the bell. People shopping for casual outdoor clothing as pandemic restrictions eased and a resurgence in retro fashion styles such as high-rise and loose-fitting jeans have buoyed demand for the company's denims. The Signature and Levi's 501 jeans maker said it expects revenue between $6.4 billion and $6.5 billion in fiscal year 2022, compared with analysts' estimates of $6.37 billion, according to Refinitiv IBES data. The robust demand has, however, coincided with increased production and shipping costs, forcing companies to raise prices to offset the inflationary pressures. Levi plans to raise prices further in 2022 and beyond, Chief Executive Officer Chip Bergh said on a call with analysts, adding that demand outstripped supply in the quarter due to supply chain snarls. Lower promotions, more full-price selling and the reopening of its European and Asian marke Show less Read more
Impact Snapshot
Event Time:
LULU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
LULU alerts

from News Quantified
Opt-in for
LULU alerts

from News Quantified