© Reuters. Lululemon Athletica Earnings Miss, Income Beats In Q1
Investing.com – Lululemon Athletica (NASDAQ:) reported on Thursday first quarter that missed analysts’ forecasts and income that topped expectations.
Lululemon Athletica introduced earnings per share of $1.16 on income of $1.61B. Analysts polled by Investing.com anticipated EPS of $1.43 on income of $1.55B.
Lululemon Athletica shares are down 22.7% from the start of the 12 months, nonetheless down 37.72% from its 52 week excessive of $485.83 set on November 16, 2021. They’re under-performing the Nasdaq which is down 21.27% from the beginning of the 12 months.
Lululemon Athletica shares gained 0.88% in after-hours commerce following the report.
Lululemon Athletica follows different main Client Discretionary sector earnings this month
Lululemon Athletica’s report follows an earnings beat by Dwelling Depot on Might 17, who reported EPS of $4.09 on income of $38.91B, in comparison with forecasts EPS of $3.69 on income of $36.71B.
Alibaba ADR had beat expectations on Might 26 with fourth quarter EPS of $7.95 on income of $204.05B, in comparison with forecast for EPS of $7.1 on income of $199.47B.
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