Lululemon Outperforms Market but Faces Analyst Downgrades and Earnings Decline

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Lululemon closed at $120.32, up 2.11%, outpacing the S&P 500's 0.21% gain. The stock has risen 3.1% over the past month, beating the Consumer Discretionary sector's 0.15% loss. Analysts expect upcoming quarterly earnings of $1.79 per share, a 42.26% year-over-year drop, on revenue of $2.47 billion, down 2.26%. Full-year estimates stand at $10.94 per share and $11.08 billion in revenue, declines of 17.5% and 0.22% respectively. The Zacks Consensus EPS estimate has been revised 1.77% lower over the past month, and Lululemon carries a Zacks Rank of 5, or Strong Sell.

Impact on stocks 1

Consumer Discretionary · 1 stocks
Lululemon Athletica Inc.
LULU
▼ NegativeCapitalrelevance

Analyst downgrades, downward EPS revisions, and expected earnings decline of 42% year-over-year.