Yesterday, Fri Sep 6 2019, after the close Lululemon Athletica released their earnings which blew past estimates on both revenue and earnings for the quarter. This builds on earnings from last quarter which also blew past estimates. At present the company is doing incredibly well with their stores and online shopping.
Revenue reached $883 million up almost 22% over the same quarter last year. Earnings came in at 96 cents a share, well beyond estimates of 89 cents and up 35% over the same quarter last year.
With my Trade Ahead Of Earnings Strategy doing well and set to return better than the 50% original goal, here are additional trades done this morning along with some comments on future trades that may occur.
The rest of this LULU Stock trade alert is for FullyInformed Members.
Lululemon Athletica Stock (LULU) Trade Alerts In The Rally – Sep 6 2019
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.