Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / LULU - Lululemon Q1 2024 Earnings Update


LULU - Lululemon Q1 2024 Earnings Update

2024-06-06 09:50:00 ET

Summary

  • Lululemon's growth momentum in international markets, especially in China, helped mask the weakness in the US.
  • LULU management expects international to eventually contribute 50% of overall revenue.
  • Inventory declined by 15% YoY and LULU expects it to decrease mid-teens in Q2 as well before starting to increase in line with revenue in the second half of the year.

Lululemon ([[LULU]], [[LULU:CA]]) was facing some really thorny questions from Mr. Market ever since 4Q’23 earnings. Wednesday's earnings should help calm some nerves....

For further details see:

Lululemon Q1 2024 Earnings Update
Stock Information

Company Name: lululemon athletica inc.
Stock Symbol: LULU
Market: NASDAQ
Website: lululemon.com

Menu

LULU LULU Quote LULU Short LULU News LULU Articles LULU Message Board
Get LULU Alerts

News, Short Squeeze, Breakout and More Instantly...