Lululemon Athletica Earnings, Revenue Beat in Q2

This post was originally published on this site

https://i-invdn-com.investing.com/news/LYNXNPEC0E0NI_M.jpg

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’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