Lululemon Athletica Q1 EPS $2.54 Beats $2.39 Estimate, Sales $2.21B Beat $2.20B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lululemon Athletica (NASDAQ:LULU) reported Q1 earnings per share (EPS) of $2.54, surpassing the analyst consensus estimate of $2.39. The company also reported quarterly sales of $2.21 billion, exceeding the estimate of $2.20 billion. Both EPS and sales showed significant year-over-year growth.
June 05, 2024 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lululemon Athletica reported Q1 EPS of $2.54, beating the estimate of $2.39, and sales of $2.21 billion, surpassing the estimate of $2.20 billion. Both metrics showed significant year-over-year growth, indicating strong financial performance.
The company's better-than-expected earnings and sales, along with significant year-over-year growth, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100