Thursday, September 11, 2014

LULU Beats on Q2 Sales & EPS & increases guidance.....NICE !!!!

LULU reported the following for Q2 :

Sales actual $390.7 million vs expectations of $376.80 million 13% year over year gain

EPS actual 33 cents vs expectations of 29 cents even whisper was 30 cents

Guidance for Q3 $422.50 million vs expectations of $421.85 million

EPS 36 cents to 38 cents vs expectations of 38 cents

LULU raising guidance for Full year Sales to $1.78 Billion to $1.80 Billion, EPS $1.72 to $1.77 per share......

Pre Market Bid $41.00 Ask $41.50 ...stock closed @ $38.39... UP $2.61 or UP 6.80%......

Conference call @ 9.00 AM

BLOG does NOT give buy or sell.

Saleem

4 comments:

stocktrader_1996 said...

Hey Saleem,

Congrats on LULU!!

What do you think of AKS here after the secondary finally priced?

Stocktrader

Stocks100 said...

Hi Stocktrader,

Thanks for your comment on LULU.

AKS is in strong sector and price is right.

Saleem

stocktrader_1996 said...

Hey Saleem,

Bought AKS @ 9.25. Steel across the board is strong today.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with AKS..

X and STLD has been flying.

Saleem