lululemon athletica inc. Announces First Quarter Fiscal 2022 Results

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Lululemon Athletica Inc. (LULU) PT Raised to $505 at Cowen

June 3, 2022 7:52 AM EDT

Cowen analyst John Kernan raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $505.00 (from $497.00) while maintaining a Outperform rating.

The analyst commented, "Revenue +32%, with comparable sales +28%, shows the brand's momentum continues and TAM is widening (footwear, golf, tennis, hiking).... More

lululemon athletica (LULU) Tops Q1 EPS by 5c; Guides Higher

June 2, 2022 4:06 PM EDT

lululemon athletica (NASDAQ: LULU) reported Q1 EPS of $1.48, $0.05 better than the analyst estimate of $1.43. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.53 billion.

GUIDANCE:

lululemon athletica sees Q2 2022 EPS of $1.82-$1.87, versus the consensus of $1.77.... More