Company Of The Day: Lululemon Athletica

by Trefis Team
-2.53%
Downside
404
Market
393
Trefis
LULU
Lululemon Athletica
Rate   |   votes   |   Share

What?

Lululemon Athletica (NASDAQ:LULU) reported a stronger than expected set of Q2 2021 results, with revenue rising 61% year-over-year to $1.45 billion and adjusted EPS coming in at $1.65, up from $0.74 in Q2 2020.

Why?

The results were driven primarily by company-operated stores, which saw revenues rise 142% year-over-year. Direct to consumer revenue also rose by about 8%. Gross margins also increased 390 basis points versus last year.

So What?

Lululemon stock was up by almost 13% in Wednesday’s after-hours trading following the earnings report.

See Our Complete Analysis For Lululemon

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams

Rate   |   votes   |   Share

Comments

Name (Required)
Email (Required, but never displayed)
Be the first to comment!