The Ratings Game: Lululemon stock jumps after results, but a misstep could be around the corner [MarketWatch]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: MarketWatch
Lululemon stock jumps after results, but a misstep could be around the corner Lululemon Athletica Inc. shares soared 10.2% early Wednesday after the company reported earnings that beat expectations, but some analysts expressed wariness over the missteps or shortfalls that might await. Many analysts highlighted the fourth quarter’s 12% same-store-sales growth, e-commerce sales growth in the wake of the company’s website relaunch, and improving margins. However, the company LULU, +2.58% , known for yoga pants and other so-called athleisure gear, has had its fair share of slip-ups. “Clearly the business has a lot of momentum right now and it’s very difficult to find any holes to poke in the Lululemon story (from a fundamental standpoint),” wrote Wells Fargo analysts led by Ike Boruchow. See: Walmart and Dick’s Sporting Goods surge in public’s esteem after breaking ties with NRA Also: Nike pulls back in North America in order to grow “On the other hand, this is a company that has
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News
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- Here's Why Lululemon Athletica (LULU) Declined in Q1 [Yahoo! Finance]Yahoo! Finance
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- LULU's page on the SEC website