Lululemon Sees Q2 EPS $2.47-$2.52 vs $2.50 Est., Net Revenue $2.14B-$2.17B vs $2.16B Est.
Portfolio Pulse from Benzinga Newsdesk
Lululemon expects Q2 earnings per share (EPS) to be between $2.47 and $2.52, compared to the estimated $2.50. The company also forecasts net revenue to range from $2.14 billion to $2.17 billion, versus the $2.16 billion estimate.
June 01, 2023 | 8:08 pm
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Lululemon's Q2 EPS and net revenue forecasts are in line with estimates, indicating stable financial performance.
Lululemon's Q2 EPS and net revenue forecasts are close to the estimates, which indicates that the company's financial performance is stable and in line with market expectations. This news is unlikely to have a significant short-term impact on the stock price, as it does not deviate from the anticipated results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100