lululemon
Just when equities were starting to look shaky again after a decent run to end the summer, athleisure brand Lululemon (NASDAQ:LULU) has given the would-be bears pause for thought. They reported their Q2 earnings after the bell rang to end yesterday’s session, and the numbers were red hot. Keep in mind Lululemon at its core is a bricks-and-mortar retailer, and so among those stocks most susceptible to the soaring inflation prints and cooling consumer spending trends that have been gathering pace all year. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorTopline...
ValueWalk
Lululemon (NASDAQ:LULU) rallies after topping estimates for the holiday quarter, posting strong guidance”. This was one of the headlines that broke shortly after the athleisure company released its fiscal Q4 earnings on Tuesday evening and which summed it up nicely. They reported that comparable sales rose 23% which was well ahead of the consensus, while revenue was in-line with year-on-year growth of 23%. The two-year revenue comparisons were also in focus as these skip the volatility of the pandemic, and showed 50% revenue growth and 46% net income growth. Lulu’s earnings per share comfortab...
ValueWalk
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