Previous close | 9.10 |
Open | 9.50 |
Bid | 4.90 |
Ask | 10.45 |
Strike | 260.00 |
Expiry date | 2024-09-20 |
Day's range | 8.38 - 10.00 |
Contract range | N/A |
Volume | |
Open interest | 194 |
Lululemon Athletica (LULU) shares popped in after-hours trading. The retailer posted first quarter earnings of $2.54 per share, topping the $2.39 estimate. Net revenue of $2.21 billion was just shy of the $2.2 billion expectation.For the full-year, Lululemon raised its earnings guidance to $14.27 to $14.47 per share. It had expected $14 to $14.20. The retailer is also increasing its stock buyback program by $1 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the retailer's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Yahoo Finance's Josh Lipton and Julie Hyman break down what to watch on Wednesday, June 5. May's Purchasing Managers' Index and the ADP employment report are both slated to be released, providing key economic data. Lululemon (LULU), Dollar Tree (DLTR), and Campbell Soup (CPB) are some of the biggest names reporting earnings alongside Five Below (FIVE), Victoria's Secret (VSCO), and SunPower (SPWR). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Lululemon Athletica posted a strong quarter driven by growth across international markets, alleviating some concerns that demand for its hundred-dollar leggings was plateauing. The company’s revenue grew by 10% year over year to $2.2 billion in the quarter ended April 28, in line with projections from FactSet analysts. Top-line growth was driven by a 35% revenue increase from international markets, while Americas sales rose by 3%.