lululemon athletica inc. Announces Second Quarter Fiscal 2020 Results
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Lululemon Athletica Inc. (LULU) PT Raised to $228 at BMO Capital
September 9, 2020 6:58 AM EDTBMO Capital analyst Simeon Siegel raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $228.00 (from $192.00) while maintaining a Market Perform rating following the company's 2Q report. Siegel continues to believe the brand is among the strongest brands in retail, however as revenues... More
lululemon athletica (LULU) Tops Q2 EPS by 19c, Revenues Beat
September 8, 2020 4:07 PM EDTlululemon athletica (NASDAQ: LULU) reported Q2 EPS of $0.74, $0.19 better than the analyst estimate of $0.55. Revenue for the quarter came in at $902.9 million versus the consensus estimate of $842.49 million.
For the second quarter ended August 2, 2020:
Net revenue was $902.9 million, an increase of 2% compared to the second quarter of fiscal 2019. On a constant dollar basis, net revenue increased 3%.Company-operated stores net revenue was $287.2 million, a decrease of 51% compared to the second quarter of fiscal 2019.Direct to consumer net revenue was $554.3 million, an increase of 155% compared to... More