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Lululemon Once Again Raised Its Quarterly Results

2020/1/16 12:20:00 0

Lululemon

Before Monday, there were more clothing retailers releasing holiday season results and updating the fourth quarter performance, but unlike last week's gloomy situation, many companies today raised expectations or at least maintained their expectations, indicating that the US retailers' holiday season is not completely annihilated.

Lululemon Athletica Inc. (NASDAQ:LULU) Lulu lemon's performance update has attracted the most attention. The company has not disappointed investors and has raised its quarterly results again, indicating that the company still keeps its conservative style.

For the four quarter ending February 2nd, Lulu lemon expects revenue of 13.70-13.80 billion, compared with the expected 13.15-13.3 billion. At the same time, the company raised the expected earnings per share in the four quarter from US $2.10-2.13 to US $2.22-2.25, reflecting the expected growth of the same store sales from the low end of 10+% to the middle to the high end.

Calvin McDonald, the group's chief executive, praised the team's performance over the past year and said the holiday season was exciting.

12, when the three quarter results were released in the middle of the month, Lulu lemon's outlook for the four quarter was lower than the market expectations. However, many large banks had already grasped the style of the company. So Lulu lemon has continued to refresh its historical record in the past month, and hit a record high of 239.47 dollars on Thursday, January 9th. However, after raising its revenue and earnings forecast, the stock market easily broke down again, and the highest value was 243 dollars, up 3.47%.

In addition to Lulu lemons, Crocs Inc. (NASDAQ:CROX) clocco, which is the "second spring" classic shoe brand group, also made a good profit on Monday. It has been selling well for 20 years. The group, known for its "hole shoes", is expected to raise its fourth quarter revenue from 2.45-2.55 billion to 2.60-2.62 billion. The company also expects annual revenue growth of 13% to 1 billion 88 million 200 thousand dollars, the first time to break through 1 billion dollars.

After encountering a large number of Shanzhai and security problems in Waterloo after the Chinese market, the company has won the market recognition with the support of Blackstone Group LP (NYSE:BX) Blackstone Group, and all data indicators have been improving all the way.

Carlo's current gross profit margin is expected to be 50%, adjusted 51%, expected operating profit margin 10%, adjusted 11%, and expected revenue in 2020 will continue to be strong, up 12-14% over the same period.

On the same day, the American Eagle Outfitters Inc. (NYSE:AEO), the US eagle and Abercrombie&Fitch Co. (NYSE:ANF), which updated the fourth quarter performance of the fourth quarter, reiterated the expected announcement that the market has been boosted despite the failure to raise expectations.

The US Eagle reiterated in the press release that the fourth quarter comparable sales were flat and earnings per share 0.34-0.36 US dollars. Jay Schottenstein, chief executive, said that despite some unexpected challenges, the company achieved another record holiday sales season under the promotion of Aerie brand and American Eagle logo jeans.

Abercrombie&Fitch Co. reiterated the expected growth of 0-2% in the four quarter. It expects that the same quarter sales will increase by 0-2% in the four quarter, and the gross profit margin is expected to drop by about 150 basis points to 59.1%. Fran Horowitz said the Group recorded a record performance in "black Friday", which mainly benefited from the record of fast fashion Hollister, while Abercrombie brand also recorded its best performance in five years.

Despite the positive results of four fashion retailers, discounted retailers' Five Below Inc. (NYSE:FIVE) sluggish holiday season dragged down the XRT's early performance of the S & P 500 retail index, which dropped more than 20% in early trading, resulting in a 0.5% decline in XRT.

Global vision

Trade optimism, the three major U.S. stock index collectively opened high, followed by a weak decline.

WAL-MART: fired 56 India executives.

Us Eagle: reiterates that the fourth quarter comparable sales are flat and earnings per share 0.34-0.36 US dollars are expected.

Abercrombie&Fitch Co.: reiterates the expected growth of 0-2% in the four quarter, expects the same quarter sales growth in the four quarter 0-2%, and expects gross margin to decline by about 150 basis points to 59.1%.

Lulu lemon: up to the fourth quarter of February 2nd revenue is expected to be from 13.15-13.3 billion to 13.70-13.80 billion; the four quarter earnings increase is expected to be from 2.10-2.13 US dollars to 2.22-2.25 dollars.

Carlo: the increase in the fourth quarter income is expected to range from 2.45-2.55 billion to 2.60-2.62 billion; the annual revenue growth is expected to grow from 13% to 1 billion 88 million 200 thousand dollars; the gross profit margin is expected to be 50%, adjusted 51%, the expected operating profit margin is 10%, adjusted 11%, and 2020 revenue is expected to grow by 12-14% over the same period last year.

The S & P retail index fell nearly 0.5% in early trading on Monday.

Greater China News

The three major indexes rose sharply on Monday, the subsidy policy promoted the concept of new energy vehicles, BYD's daily limit, Shanghai index rose 0.75%, stood on 3100 points again, closed at 3115.57 points, the gem rose 1.62%, hitting a new high of three years, and Shenzhen index rose 1.47% points on 11000 points.

Trade optimism stimulated the Hang Seng Index rose 1.11% or 316.74 points to close at 28954.94 points, this week hit 29000 points again. "Stock king" Tencent rose nearly 2%, led the technology stocks to go up collectively, and after another 18 months, it broke through the 400 Hong Kong dollar pass again. Alibaba and the US group's comments rose by more than 2% and 3% respectively.

Anta Sports: the fourth quarter Anta brand retail sales recorded a year-on-year growth of 10-20%; the brand of fie recorded a growth of 50-55%; other brands recorded an increase in 25-30%.

Tian Chuang fashion: holding 21.23% and 11.18% of the controlling shareholders and concerted action Hongkong Gao Chuang and Pingtan still see the reduction and reduction of the company does not include 4.01% and 1.01% of the shares.

Floral tracking of 54 stocks per household index of apparel home textile market rose 0.89% or 19.10 points on Monday, closing at 2165.27 points, with a turnover of 4 billion 986 million yuan. The concept of net red will rise again, and relevant shareholders will take the opportunity to reduce the announcement again. On Saturday, the head of the head office raised the price limit, leading to the creation of the stylish fashion and the Bo Bao dragon trading. However, the failure of the Bao Bao dragon seal board rose 6.65% throughout the day. On the first day of the modern Avenue hat, there was no suspense, and the Internet related concept of Wanlima dropped 2.54% leading plate.

Source: FLASHFASHION

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