Lululemon (LULU) closed at $204.96 within the newest buying and selling session, marking a +0.93% transfer from the prior day. The inventory outpaced the S&P 500’s each day achieve of 0.28%. In the meantime, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.4%.
Coming into at the moment, shares of the athletic attire maker had gained 3.95% previously month. In that very same time, the Shopper Discretionary sector misplaced 2.35%, whereas the S&P 500 misplaced 0.14%.
Traders will likely be hoping for power from LULU because it approaches its subsequent earnings launch. In that report, analysts count on LULU to submit earnings of $0.93 per share. This may mark year-over-year development of 24%. In the meantime, our newest consensus estimate is looking for income of $894.65 million, up 19.66% from the prior-year quarter.
Trying on the full 12 months, our Zacks Consensus Estimates counsel analysts predict earnings of $4.74 per share and income of $3.85 billion. These totals would mark modifications of +23.44% and +17.2%, respectively, from final 12 months.
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