Lululemon (NASDAQ: LULU) Faces Revenue Growth Test As Q1 Earnings Approach Thursday
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3 Articles
Lululemon (NASDAQ: LULU) Faces Revenue Growth Test As Q1 Earnings Approach Thursday
Lululemon (NASDAQ: LULU) is scheduled to report its first quarter results this Thursday after market hours, with investors watching closely for signs of a recovery. The athletic apparel retailer posted revenues of $3.64 billion last quarter, flat year on year, narrowly beating analyst revenue expectations despite a broadly disappointing performance. Last quarter’s earnings per share guidance for the following period missed analysts’ expectations…
The sports firm Lululemon presents the results of the first quarter on Thursday 4 June. A first quarter that is likely to show continuous pressure on the company, with a traffic, conversion and interaction with the brand that remain weak. Likewise, the valuation of the company can be better thanks to the quarter, but a real recovery may still be quite far away. In this sense, the cooperation agreement with the founder, Chip Wilson, eliminates un…
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