Lululemon Impresses Wall Street, Get Ready To Buy

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Lululemon (NASDAQ:LULU) rallies after topping estimates for the holiday quarter, posting strong guidance”. This was one of the headlines that broke shortly after the athleisure company released its fiscal Q4 earnings on Tuesday evening and which summed it up nicely. They reported that comparable sales rose 23% which was well ahead of the consensus, while revenue was in-line with year-on-year growth of 23%. The two-year revenue comparisons were also in focus as these skip the volatility of the pandemic, and showed 50% revenue growth and 46% net income growth. Lulu’s earnings per share comfortab…

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