lululemon athletica inc. Announces Third Quarter Fiscal 2019 Results

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Go back to lululemon athletica inc. Announces Third Quarter Fiscal 2019 Results

Lululemon Athletica Inc. (LULU) PT Raised to $260 at Susquehanna

December 12, 2019 6:40 AM EST

Susquehanna analyst Sam Poser raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $260.00 (from $220.00) while maintaining a Positive rating.

Poser commented, "Buy LULU. The 3Q19 print is evidence that LULU's momentum, driven by PEP (Product, Engagement, Process), is in full... More

lululemon athletica (LULU) Tops Q3 EPS by 3c, Offers Q4 Guidance

December 11, 2019 4:07 PM EST

lululemon athletica (NASDAQ: LULU) reported Q3 EPS of $0.96, $0.03 better than the analyst estimate of $0.93. Revenue for the quarter came in at $916.1 million versus the consensus estimate of $897.31 million.

Comparable sales increase 16%, or 17% on a constant dollar basis

GUIDANCE:

lululemon athletica sees FY2019 EPS of $2.10-$2.13, versus the consensus of $2.13. lululemon athletica sees FY2019 revenue of $1.315-1.33 billion, versus the consensus of $1 billion.

For... More