- lululemon athletica inc. stock price today and history
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lululemon athletica inc. stock price, LULU
lululemon athletica inc. stock chart:
lululemon athletica inc. close price: 68.5
Stock price forecast:
DOWN TO -14.10%
Total forecasts: 84
Reached: 60 (71.43%)
Total Win: 123.77 (212.34%)
Showing 1-10 of 371 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
lululemon athletica inc. latest news:
Lululemon quarterly sales top expectations, shares jump
TORONTO (Reuters) - Canadian yoga and leisure apparel retailer Lululemon Athletica Inc on Wednesday reported quarterly profit that beat analysts' forecasts, helped by higher-than-expected gross margins and sales.
Lululemon quarterly sales rise, shares jump
Canadian yoga and leisure apparel retailer Lululemon Athletica Inc (LULU) reported quarterly profit that beat analysts' forecasts on Wednesday, helped by higher-than-expected gross margins and sales, sending shares up 10 percent in extended trade. Third-quarter sales online and at stores open at least a year rose 7 percent, excluding exchange rate fluctuations.
Lululemon jumps on strong earnings, new buyback plan
Shares of Lululemon Athletica Inc. soared in Wednesday's extended session after the yoga apparel company posted better-than-expected earnings and announced a new buyback plan. Lululemon reported its third-quarter earnings rose to $68.3 million, or 50 cents a share, from $53.2 million, or 38 cents a share, a year earlier. Excluding certain items, Lululemon would have earned 47 cents a share. Revenue grew 13% to $544.4 million and total comparable sales, which include both store and direct-to-consumer sales, rose 7%. Analysts surveyed by FactSet had forecast the yoga-wear maker to earn 43 cents a share on revenue of $541 million. In the fourth quarter, the company expects earnings per share of 96 cents to $1.01 and revenue in a range of $765 million to $785 million. Wall Street is expecting EPS of $1 and revenue of $788 million. The company's board also approved a new share repurchase program of up to $100 million. Lululemon shares surged 10% after hours. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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