No. of Recommendations: 1
"LULU will report earnings on Sept-03, I am not expecting a good quarter :(
Here are their current TTM EPS
2025-Q1 : $1.69
2024-Q4 : $5.01
2024-Q3 : $2.59
2024-Q2 : $3.10
Total TTM EPS is $12.38 / share. Forecast this quarter is $1.80 / share, which is not going to compare well with $3.10 last year, and drop the TTM to around $11.00; and an implied valuation of 11x (stock is trading at around $115).
Downside still seems limited; but it could take a while before things start to move...
tecmo"
Opened a small position in LULU today. I am focused more on the changes to management than sales numbers. Another turnaround...
abromber