Why Lululemon Stock Shot Up Today [Yahoo! Finance]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
As of 3 p.m. ET, Lululemon stock was up 16%. It's been a good earnings season for apparel stocks , generally speaking, but I don't wish to take anything from Lululemon. Its Q3 report was strong, showing a 9% year-over-year increase in revenue, which hit $2.4 billion. For its part, management expected revenue closer to $2.3 billion. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The financial report from Lululemon was praised by most in the professional analyst community, with many increasing their price targets for the stock. When this happens, investors tend to pay attention. Lululemon also updated aspects of its full-year guidance, considering Q3 sales were better than expected. Previously, it expected 8% to 9% full-year top-line growth, and now it expects growth to come in at 9%. Management anticipates the bottom-line numbers to be toward the higher end of its previous guidance as well. In 2022, Lululemon'
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News
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- 3 Must-Know Facts About Lululemon Before Buying the Stock [Yahoo! Finance]Yahoo! Finance
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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