Lululemon Athelitca (LULU)

[winston]

vested

3 Key Things From Lululemon's Earnings Call That Investors Should Know

by Beth McKenna

The quarter's results were strong and better than Wall Street had expected.

It was management's guidance -- particularly for the first quarter of fiscal 2024 -- that spurred the stock sell-off.

For fiscal Q4 2023, revenue grew 16% and adjusted earnings per share (EPS) jumped 20% year over year.

For fiscal Q1 2024, management guided for year-over-year revenue growth of 9% to 10%, and adjusted EPS growth of 3% to 5%.

Source: The Motley Fool

https://finance.yahoo.com/news/3-key-th ... 00258.html

[winston]

not vested

Lululemon releases a first-of-its-kind product

by Jena Warburton

Lululemon's "science of feel," approach, which prizes the texture of clothing above almost everything else.

Lululemon also has a generous customer-first approach, whereby it offers hemming and other sizing services complimentary.

In February, Lululemon announced the arrival of a new material, Nylon 6,6, which is made from recycled nylon.

On Wednesday, Lululemon dropped its first-ever product made with enzymatically recycled polyester, made in partnership with Samsara Eco, an Australian company that also helped Lulu develop Nylon 6,6.

Lululemon has given itself the lofty goal of having a completely circular ecosystem – which means it will produce, recycle, and reuse its materials – by 2030. By 2025, just one year away, Lululemon hopes to source 75% of its polyester from recycled materials.

Source: The Street

https://www.thestreet.com/retail/lulule ... g=62795946