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LULU Jun 2025 740.000 call
- Yahoo Finance Video
Lululemon 'has a handle' on US sales slowdown: Analyst
Shares of Lululemon (LULU) are rising after beating first quarter earnings estimates and raising its share buyback program to $1 billion. BTIG Consumer Retail and Lifestyle Brands Analyst Janine Stichter joins the Morning Brief to dive deeper into the company's earnings. Stichter characterizes the company's earnings as a "sigh of relief" amid a management change and decelerating US sales. She emphasized that international sales were "extremely strong" and that the company's Americas business was "less bad than expected." US sales are not worsening, and the retailer "has a handle" on what it needs to fix, the analyst adds. Coming out of Q4, Lululemon disclosed inventory challenges, which Stichter says the company will seek to correct in Q2 and later in the year with innovation ramping up. International sales were a 'huge piece of the growth story," the analyst says. She notes that China is a "proof of concept" for the company. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Gabriel Roy
- Yahoo Finance Video
Lululemon stock pops on earnings, buyback plans
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.
- Barrons.com
These Stocks Are Moving the Most Today: Sprinklr, Instacart, Robinhood, and More
Stocks were mixed Thursday, a day after the and hit record highs, thanks to gains in tech stocks. Sprinklr stock dropped 16% after the cloud-based customer experience management platform said it expects revenue for the fiscal year ending Jan. 31, 2025 to be between $779 million and $781 million, which was below analysts’ estimates of $805.4 million. The provider of work-management software reported first-quarter earnings and revenue that beat Wall Street estimates.
