lululemon athletica (LULU) Tops Q3 EPS by 4c, Offers Guidance
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Goldman Sachs Downgrades Lululemon Athletica Inc. (LULU) to Buy
December 9, 2022 7:35 AM EST(Updated - December 9, 2022 7:36 AM EST)
Goldman Sachs analyst Brooke Roach downgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Conviction Buy to Buy with a price target of $431.00 (from $383.00).
The analyst comments "LULU reported a 3Q22 EPS beat with EPS of $2.00 above GS/FactSet consensus... More
lululemon athletica (LULU) shares plunge despite earnings, revenue beat
December 8, 2022 4:20 PM ESTlululemon athletica (NASDAQ: LULU) shares plummeted in extended trading Thursday after the company topped third-quarter earnings and revenue expectations.
Lululemon shares are down more than 11% at the time of writing after closing the regular session up 0.87%.
The athletic apparel business reported earnings of $2 per share on revenue of $1.9 billion, which rose 28% year-over-year.... More
