Lululemon Price Levels to Watch as Stock Soars on Strong Earnings, Outlook [Yahoo! Finance]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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US:NASDAQ Investor Relations:
investor.lululemon.com
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Source: Yahoo! Finance
The stock formed an inverse head and shoulders between May and November before breaking out above the pattern's neckline earlier this week ahead of the company's quarterly report. Investors should watch important overhead resistance areas on Lululemon's chart around $389, $419, and $468, while also monitoring a key support level near $335. Lululemon Athletica ( LULU ) shares soared on Friday after the activewear retailer reported fiscal third-quarter results that topped analysts' estimates and raised its full-year outlook. The company guided fiscal 2024 revenue of between $10.45 billion and $10.49 billion, an improvement from its earlier projection of $10.38 billion to $10.48 billion. While revenue in the company's Americas market grew by just 2% in the third quarter from the prior year, it jumped 33% in the retailer's international business, boosted by strength in China. Lululemon shares were up 18% at $407 in midday trading Friday, leading gainers in the S&P 500 and Nasdaq
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LULU
News
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- How Vuori reached a $5.5 billion valuation by taking share from Lululemon [CNBC]CNBC
- 3 Must-Know Facts About Lululemon Before Buying the Stock [Yahoo! Finance]Yahoo! Finance
- Can Lululemon Stock Reach $500 in 2025? [Yahoo! Finance]Yahoo! Finance
- Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Now [Yahoo! Finance]Yahoo! Finance
LULU
Earnings
- 12/5/24 - Beat
LULU
Sec Filings
- 12/19/24 - Form SCHEDULE
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- LULU's page on the SEC website