|Bid||338.42 x 1000|
|Ask||338.79 x 900|
|Day's range||336.42 - 347.24|
|52-week range||269.28 - 399.90|
|Beta (5Y monthly)||1.34|
|PE ratio (TTM)||62.66|
|Earnings date||06 Sept 2021 - 10 Sept 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||388.67|
It was never a question of whether lululemon athletica (NASDAQ: LULU) would report a first-quarter sales rebound this past week. The apparel chain was going up against a year-ago period that included some of the most intense lockdown weeks of the pandemic. A year later, its rebound was sure to be strong.
Investors expected lululemon athletica (NASDAQ: LULU) to deliver a large increase in revenue over the year-ago weakness, but fiscal first-quarter results still exceeded expectations. Adjusted earnings per share were $1.16, beating the street's estimate of $0.91 and accelerating to a growth rate of 404% compared to the year-ago quarter. While Lululemon benefited from an easy year-over-year comparison, the brand is experiencing stronger momentum in 2021 than it did in 2019, before the pandemic.
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