Read more
15:56 · 11 December 2020

Lululemon stock fell 5% despite good Q3 figures

Lululemon
Shares
LULU.US, Lululemon Athletica Inc
-
-
Lululemon (LULU.US) stock fell more than 5.0% despite the fact that retailer reported better than expected quarterly figures. The athletic apparel maker earned $1.16 per share for its latest quarter, compared to analysts’ expectations of 88 cents a share. Revenue of $1.12 billion also beat market forecasts of $1.02 billion. Sales rose 22% from a year ago, as customers sought to buy workout apparel during the pandemic. In North America, net revenue jumped 19%, boosted by its e-commerce business. Lululemon also provided upbeat guidance for the current quarter.
Lululemon (LULU.US) stock is trading lower during today's session despite the retailer reporting strong growth in sales. Price is currently testing major support zone at $349.50 which coincides with upward trendline and 50 SMA (green line). If sellers manage to break below, a bigger downward correction may start. Next support lies at $320.20. However if buyer swill manage to halt declines here, then another upward impulse towards $383.80 could be launched. Source: xStation5
14 November 2025, 18:28

Alibaba sell-off extends amid White House national security concerns📌

14 November 2025, 16:42

US Earnings Season Summary 🗽What the Latest FactSet Data Shows

14 November 2025, 16:06

US Open: US100 initiates rebound attempt 🗽Micron shares near ATH📈

14 November 2025, 12:56

Micron Surges on Record DRAM Pricing

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 2 Million investors from around the world