For the quarter ended January 2023, Lululemon (LULU - Free Report) reported revenue of $2.77 billion, up 30.2% over the same period last year. EPS came in at $4.40, compared to $3.37 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.69 billion, representing a surprise of +2.97%. The company delivered an EPS surprise of +3.53%, with the consensus EPS estimate being $4.25.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lululemon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Gross Square Footage: 2575 Ksq ft versus the 12-analyst average estimate of 2562.47 Ksq ft.
- Total Stores: 655 versus 655.25 estimated by eight analysts on average.
- Total Net New Stores: 32 versus the five-analyst average estimate of 30.2.
- Comparable Sales: 27% compared to the 18.65% average estimate based on four analysts.
- Comparable Store Sales: 15% versus the four-analyst average estimate of 18.79%.
- Revenues- Company-Operated Stores: $1.11 billion versus the seven-analyst average estimate of $1.15 billion. The reported number represents a year-over-year change of +25.8%.
- Revenues- Other: $225.69 million versus the seven-analyst average estimate of $229.56 million. The reported number represents a year-over-year change of +14.2%.
- Revenues- Direct to Consumer: $1.44 billion compared to the $1.30 billion average estimate based on seven analysts. The reported number represents a change of +36.9% year over year.
View all Key Company Metrics for Lululemon here>>>
Shares of Lululemon have returned +2.2% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could underperform the broader market in the near term.
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For the quarter ended January 2023, Lululemon (LULU - Free Report) reported revenue of $2.77 billion, up 30.2% over the same period last year. EPS came in at $4.40, compared to $3.37 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.69 billion, representing a surprise of +2.97%. The company delivered an EPS surprise of +3.53%, with the consensus EPS estimate being $4.25.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lululemon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Lululemon here>>>
Shares of Lululemon have returned +2.2% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could underperform the broader market in the near term.
Highest Returns for Any Asset Class
It’s not even close. Despite ups and downs, Bitcoin has been more profitable for investors than any other decentralized, borderless form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks predicts another significant surge in months to come.
Hurry, Download Special Report – It’s FREE >>
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