Lululemon Athletica Q1 EPS $2.28 Beats $1.98 Estimate, Sales $2.00B Beat $1.92B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lululemon Athletica reported Q1 earnings of $2.28 per share, beating the analyst consensus estimate of $1.98 by 15.15%. Quarterly sales reached $2.00 billion, surpassing the estimate of $1.92 billion by 4.17%. Both earnings and sales increased significantly compared to the same period last year.
June 01, 2023 | 8:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Lululemon's Q1 earnings and sales exceeded analyst estimates, with a 54.05% increase in EPS and a 23.99% increase in sales compared to last year.
Lululemon's Q1 earnings beat analyst estimates by 15.15% and sales by 4.17%. The strong YoY growth in both earnings and sales indicates a positive outlook for the company, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100