Form 10-Q lululemon athletica inc. For: Oct 30

Go back to Form 10-Q lululemon athletica inc. For: Oct 30

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 EST

lululemon 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