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Lululemon Stock Rises, Tops Estimates and Provides Strong Guidance

Tiger Newspress2021-09-09

(Update: Sept 9, 2021 at 04:26 a.m. ET)

Lululemon shares are trading more than 13% higher in premarket trading Thursday, following the company’s reported Q2 results, with EPS coming in at $1.65, better than the Street estimate of $1.18. Quarterly revenue grew 61% to $1.5 billion, beating the consensus estimate of $1.33 billion.

The company provided its Q3 outlook, with expected EPS of $1.33-$1.38 and revenue of $1.4-1.43 billion, both better than the consensus estimates of $1.32 and $1.32 billion, respectively.

For the full 2021-year, the company expects EPS to range from $7.38 to $7.48, versus the consensus of $6.91, and revenue to be between $6.19 billion and 6.26 billion, versus the consensus of $5.94 billion.

According to Calvin McDonald, CEO of the company, lululemon launched new products, experienced strength across channels and geographies, and announced new partnerships that will make the company a leader in product sustainability.

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Comment13

  • Yangli
    ·2021-09-09
    Oh no
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  • Ph2046
    ·2021-09-09
    Love Lulu
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    • Yangli
      LulAu
      2021-09-09
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  • DMC8
    ·2021-09-09
    Nice ? 
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  • 陈河马
    ·2021-09-09
    Wow
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  • froggie
    ·2021-09-09
    ??
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  • ToTheMOON
    ·2021-09-09
    Like
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    • tungleh
      Done
      2021-09-09
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  • ragdoll99
    ·2021-09-09
    Wow lululemon. Nice
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    • KLHuat
      Nice
      2021-09-09
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    • Karxun
      Wow
      2021-09-09
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  • JaneJ
    ·2021-09-09
    Skyrocketing... 
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  • SeanSak
    ·2021-09-09
    Like n comment
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    • tungleh
      Done
      2021-09-09
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    • ToTheMOON
      Ik
      2021-09-09
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  • MeiQuen
    ·2021-09-09
    Good
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    • KK2021
      pls like and comment
      2021-09-09
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  • GohKS
    ·2021-09-09
    Latest. Please like and comment. Thank you.
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    • tungleh
      Done
      2021-09-09
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    • KK2021
      pls lile and comment
      2021-09-09
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  • PapaPanda
    ·2021-09-09
    Ok
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    • GohKS
      Latest. Please like and comment. Thank you.
      2021-09-09
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  • Rickyt089
    ·2021-09-09
    Like pls
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    • tungleh
      Done
      2021-09-09
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