Lululemon Athletica Earnings, Revenue Beat in Q1 By Investing.com

<iframe src=”//rcm-na.amazon-adsystem.com/e/cm?o=1&p=22&l=ur1&category=homegarden&banner=02NMTC702K4D0VHE1SR2&f=ifr&linkID=17e0b4ac3a719000706e772761d8ae0e&t=forexz-20&tracking_id=forexz-20″ width=”250″ height=”250″ scrolling=”no” border=”0″ marginwidth=”0″ style=”border:none;” frameborder=”0″></iframe>

© Reuters. Lululemon Athletica Earnings, Revenue Beat in Q1

Investing.com – Lululemon Athletica (NASDAQ:) reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Lululemon Athletica announced earnings per share of $1.16 on revenue of $1.23B. Analysts polled by Investing.com anticipated EPS of $0.9012 on revenue of $1.12B.

Lululemon Athletica shares are down 8.8% from the beginning of the year, still down 20.62% from its 52 week high of $399.88 set on September 2, 2020. They are under-performing the which is up 4.98% from the start of the year.

Lululemon Athletica shares gained 2.60% in after-hours trade following the report.

Lululemon Athletica follows other major Services sector earnings this month

Lululemon Athletica’s report follows an earnings beat by Walmart on May 18, who reported EPS of $1.69 on revenue of $138.31B, compared to forecasts EPS of $1.21 on revenue of $132.16B.

Home Depot had beat expectations on May 18 with first quarter EPS of $3.86 on revenue of $37.5B, compared to forecast for EPS of $3.08 on revenue of $34.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


39 − = 37