5 Stocks Drawing Attention Post Quarterly Results

Page 1 of 5

In this article, we discuss the 5 stocks drawing attention post quarterly results. If you want to read our detailed analysis of these companies, go directly to the 10 Stocks Drawing Attention Post Quarterly Results.

5. Lululemon Athletica Inc. (NASDAQ:LULU)

Number of Hedge Fund Holders: 41

Shares of Lululemon Athletica Inc. (NASDAQ:LULU) turned red in the after-hours trading session on Thursday, December 9, 2021, despite beating profit and sales expectations for its fiscal third quarter.

Lululemon Athletica Inc. (NASDAQ:LULU) reported adjusted earnings of $1.62 per share, up from $1.16 per share in the year-ago quarter. Analysts were looking for earnings of $1.40 per share.

Follow Lululemon Athletica Inc. (NASDAQ:LULU)

In addition, Lululemon Athletica Inc. (NASDAQ:LULU) posted revenue of $1.5 billion, up 30 percent versus last year and above analysts’ average estimate of $1.4 billion. Looking forward, the athletic apparel retailer expects revenue in the range of $2.125 – $2.165 billion for its fiscal fourth quarter.

Speaking on the results, CEO of Lululemon Athletica Inc. (NASDAQ:LULU), Calvin McDonald, said:

“Our third quarter results demonstrate the ongoing strength of lululemon and the tremendous growth potential of the business in both the near- and long-term. We are pleased with our early holiday season performance and how the lululemon brand continues to resonate in markets around the world.”

Page 1 of 5