Investing.com - Lululemon Athletica reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lululemon Athletica announced earnings per share of $1.16 on revenue of $1.61B. Analysts polled by Investing.com EPS of $1.43 on revenue of $1.55B.
Lululemon Athletica 's are down 22.7% and is trading at $305.25 , still down 37.72% from its 52 week high of $485.83 set on Tuesday, November 16, 2021.
Lululemon Athletica shares gained 0.88% to trade at $305.25 in after-hours trade the report.
Lululemon Athletica follows other major Consumer Discretionary sector earnings this month
Lululemon Athletica's report follows an earnings beat by Home Depot on Tuesday, May 17, 2022, who reported EPS of $4.09 on revenue of $38.91B, EPS of $3.69 on revenue of $36.71B.
Alibaba ADR had beat expectations on Thursday, May 26, 2022 with fourth quarter EPS of $7.95 on revenue of $204.05B, for EPS of $7.1 on revenue of $199.47B.
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