Lululemon's Stock Down 34% YTD, What's Happening? [Forbes]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
Company Research
Source: Forbes
After a 34% decline so far this year, at the current price of around $336 per share, we believe Lululemon (NASDAQ: LULU) , a company designing and selling athletic and casual apparel - could likely bounce back in the longer term. LULU saw a stellar performance in FY 2023 (ended Jan. 28). The company's revenue increased 19% year-over-year (y-o-y) in fiscal 2023 to $9.6 billion, with comparable sales up 13%. The company's gross margin jumped to 58% in FY'23 from 55% in FY'22, and the operating profit margin soared to 22% from 16% in FY'22. Consequently, its adjusted earnings per share also increased from $10.07 in 2022 to $12.77 in 2023. Despite this impressive performance, the company's stock is significantly down this year due to lower-than-expected Q1 2024 guidance. For FQ1, management guided for a y-o-y revenue growth of 9% to 10%, and adjusted EPS growth of 3% to 5%. In comparison, LULU saw a 24% y-o-y growth in revenues and a 54% y-o-y increase in profitability last year in Q1 20
Show less
Read more
Impact Snapshot
Event Time:
NKE
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NKE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NKE alerts
High impacting Nike, Inc. news events
Weekly update
A roundup of the hottest topics
NKE
News
- Nike settles trademark case against BAPE over shoe designs [Reuters]Reuters
- Jason Day changed more than his apparel. Here's how he became a stakeholder in Payntr Golf Footwear [USA TODAY]USA TODAY
- Retail Intel: Skechers Opens Its First Store in Brussels + More [Yahoo! Finance]Yahoo! Finance
- Steve Madden's ‘Cautious' Wholesale Customers Expected to Factor Into Q1 Results Next Week [Yahoo! Finance]Yahoo! Finance
- The 25 Best Sportswear Brands in the World [Yahoo! Finance]Yahoo! Finance
NKE
Earnings
- 3/21/24 - Beat
NKE
Sec Filings
- 4/4/24 - Form 10-Q
- 3/21/24 - Form 8-K
- 3/11/24 - Form 8-K
- NKE's page on the SEC website