Lululemon surges higher as Chinese sales boom

05:02am, Friday, 02'nd Jun 2023
Lululemon Athletica (NASDAQ:LULU), the athleisure retailer, jumped by more than 13% in US overnight trading after it posted a better-than-expected first-quarter update. The group reported sales rose b
Lululemon shares jumped after the activewear company raised its sales and profit forecasts on strong demand for comfortable athletic clothing.
Fiscal first-quarter revenue grew 24% year over year, topping the 19% Wall Street had expected. Earnings per share jumped 54%, sprinting by the 34% analysts had projected.
Lululemon Athletica Inc. (NASDAQ:LULU ) Q1 2023 Earnings Conference Call June 1, 2023 4:30 PM ET Company Participants Howard Tubin - Vice President, Investor Relations Calvin McDonald - Chief Executiv
The headline numbers for Lululemon (LULU) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estima

These 2 Stocks Are Set to Soar Tomorrow

07:07pm, Thursday, 01'st Jun 2023
Markets moved higher again on Thursday, building more momentum. Lululemon Athletica managed to buck the trend of poor-performing consumer stocks with strong financial results.
Lululemon Athletica Inc (NASDAQ: LULU) just reported strong results for its first financial quarter on the back of China's reopened economy. Its shares are up nearly 15% in extended hours.
Tomorrow morning's Employment Situation brings us the biggest economic report of the week, and arguably of the month.
Lululemon (LULU) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $1.48 per share a year ago.
Lululemon, Five Below, and Broadcom are all moving in after-hours trading. Yahoo Finance Live's Seana Smith breaks down the action.
Shares of Lululemon jumped after the market closed on Thursday after the company reported stronger than anticipated quarterly results.
Lululemon beat on the top and bottom line in its fiscal first quarter. CNBC's Seema Mody reports.
The maker of the trendy "Everywhere Belt Bag" said revenue jumped 24% in its first quarter.
Lululemon Athletica Inc. shares jumped after hours on Thursday after the yoga-wear maker and retailer forecast full-year sales and profit that were above expectations, after strong gains in China's re
Lululemon reported healthy first quarter profits that beat Wall Street's estimates.
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