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Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
Lululemon’s biggest driver was international sales, which rose 33% to help boost overall revenue 9% to $2.40 billion, just ahead of the $2.36 billion FactSet consensus. Americas
Lululemon Price Levels to Watch as Stock Soars on Strong Earnings, Outlook
Key Takeaways Lululemon shares rose sharply Friday after the activewear retailer reported better-than-expected earnings and lifted its full-year outlook.The stock formed an inverse head and shoulders between May and November before breaking out above the pattern’s neckline earlier this week ahead of the company’s quarterly report.
Lululemon, Ulta Beauty Stock Lead S&P 500 On Earnings, Target Hikes
Analysts hoist price targets for Lululemon, Ulta Beauty after the specialty retailers posted Q3 results, lifted 2024 forecasts.
2d
on MSN
Lululemon has a problem in the U.S., but here’s one thing that’s going its way
Lululemon Athletica Inc. late Thursday revealed a dip in quarterly same-store sales in the U.S., but overseas sales boosted ...
1d
on MSN
Lululemon Surges Most Since 2018 on Rebounding Performance
Lululemon Athletica Inc. edged up its full-year outlook on strong sales overseas, a sign the upscale activewear brand is ...
1d
on MSN
Lululemon Stock Is Soaring After Earnings. Why Analysts Are Bullish.
Lululemon shares rocketed higher a day after the athletic apparel company beat third-quarter earnings estimates, and analysts ...
1d
on MSN
Lululemon stock rises on profit beat as company boosts full-year outlook
Lululemon stock rose over 17% in early trading as the company also raised its full-year sales and profit forecasts for 2024.
2d
on MSN
Lululemon raises annual forecasts betting on robust holiday sales
Lululemon Athletica increased its full-year revenue and profit forecasts on Thursday, betting on resilient demand for its ...
1d
S&P 500, Nasdaq hit record closing highs as Lululemon gains, fueling Fed expectations
The Dow Jones Industrial Average .DJI fell 123.19 points, or 0.28%, to 44,642.52, the S&P 500 .SPX gained 15.16 points, or ...
1d
on MSN
Why Lululemon Stock Shot Up Today
Shares of apparel company Lululemon Athletica (NASDAQ: LULU) shot up on Friday after the company provided a solid financial ...
1d
on MSN
Lululemon Shares Surge as Holiday Demand Helps Lift Forecast, Results
Stifel was the most bullish among the 36 brokerages covering the stock and bumped up its target by $68 to $438, well above ...
2d
on MSN
Lululemon Stock Jumps on Strong Earnings, Improved Full-Year Outlook
Lululemon reported third-quarter earnings that topped analysts’ expectations and raised its full-year outlook, sending shares ...
2d
Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Lululemon has been in a bit of a rough spot after the departure of its longtime chief product office Sun Choe.
3d
on MSN
Lululemon faces sluggish sales as upstart brands nip at its heels
Lululemon , facing its slowest quarterly growth in more than four years, will have to deal with Wall Street questions on ...
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