Lululemon (LULU) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.38 per share. This compares to earnings of $2.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.72%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $5.01 per share when it actually produced earnings of $5.29, delivering a surprise of 5.59%.Over the last four quarters, the c ...

The days of Lululemon’s U.S. growth may be over, but it seems that international shoppers are now springing for the North American athleisure look.The Canada-based athletic apparel retailer shared Wednesday (June 5) in its first-quarter fiscal 2024 earnings results that while sales in the Americas only increased 3%, international sales rose 35%, driven by a 45% surge in sales in China.“Our business remains strong in every international market in which we operate, as our brand is resonating with guests acros ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

A staff member holds a thermometer to measure the temperature of a customer at an entrance to a Lululemon store, following the coronavirus disease (COVID-19) outbreak in Shanghai, China June 21, 2022. Picture taken June 21, 2022.Lululemon's growth in the Americas, its largest market, appears to be stalling after the retailer on Wednesday reported flat comparable sales in the region and weak guidance for the current quarter. The athletic apparel retailer handily beat Wall Street's earnings estimates, but onl ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33608 lululemon athletica inc. (Exact name of registrant as specified in its charter) Delaware 20-3842867 (Sta ...

Exhibit 99.1 LULULEMON ATHLETICA INC. ANNOUNCES FIRST QUARTER FISCAL 2024 RESULTS BOARD OF DIRECTORS AUTHORIZES $1.0 BILLION INCREASE IN ITS STOCK REPURCHASE PROGRAM Revenue increased 10% to $2.2 billion Comparable sales increased 6%, or increased 7% on a constant dollar basis Diluted EPS of $2.54 Vancouver, British Columbia – June 5, 2024 – lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the first quarter of fiscal 2024, which ended on April 28, 2024. Calvin McDonald, Chief Exe ...

Shares of Lululemon Athletica (LULU) are down 0.5% this afternoon, last seen at $305.40 ahead of the athletic apparel retailer’s first-quarter earnings report, due out after the close today. Analysts expect the firm to post earnings of $2.38 on revenue of $2.194 billion, amid worries about slowing sales growth and competition from newer brands like Alo and Vuori.Since the beginning of the year, LULU is one of the worst performers on the S&P 500 (SPX), down 40.5% year-to-date. The equity has struggled especi ...

Over the years, Lululemon’s (LULU)  stock has been a Wall Street darling due to the company’s popularity and growth as a leading athletic apparel retailer with a very loyal customer base.However, LULU has now dropped -46% year to date with the decline sparked by lower-than-expected guidance for fiscal 2024. In this regard, Lululemon expects 10%-11% net revenue growth this year which is certainly solid expansion but fell below many analysts' lofty expectations.That said, let’s see if it’s time to buy or sell ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lululemon (LULU) .Lululemon currently has an average brokerage recommendat ...

lululemon athletica inc. (LULU) is likely to witness top and bottom-line growth when it reports first-quarter fiscal 2024 results on Jun 5, after market close.The Zacks Consensus Estimate for fiscal first-quarter sales is pegged at $2.2 billion, indicating a 9.9% increase from the year-ago quarter's reported figure. The consensus estimate for the company's fiscal first-quarter earnings is pegged at $2.39 per share, suggesting a 4.8% rise from the year-ago quarter’s actual. Earnings estimates have been uncha ...