Lululemon Athletica Earnings, Revenue Beat in Q2
2022.09.02 03:13
Lululemon Athletica Earnings, Revenue Beat in Q2
Investing.com – Lululemon Athletica (NASDAQ:LULU) reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Lululemon Athletica announced earnings per share of $2.2 on revenue of $1.87B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $1.77B.
Lululemon Athletica shares are down 11.89% from the beginning of the year, still down 39.39% from its 52 week high of $485.83 set on November 16, 2021. They are outperforming the Nasdaq 100 which is down 24.79% from the start of the year.
Lululemon Athletica follows other major Consumer Discretionary sector earnings this month
Lululemon Athletica’s report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on August 4 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
