{"id":18285,"date":"2012-03-22T10:51:10","date_gmt":"2012-03-22T14:51:10","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=18285"},"modified":"2016-09-20T19:19:02","modified_gmt":"2016-09-20T23:19:02","slug":"lululemon-lulu-earnings-follow-up","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2012\/03\/22\/lululemon-lulu-earnings-follow-up\/","title":{"rendered":"Lululemon (LULU) Earnings Follow-Up"},"content":{"rendered":"<p>Early this morning, prior to the announcement by LULU, we published a <a title=\"TPR Pre-Earnings Report: Lululemon (LULU)\" href=\"http:\/\/www.triggerpointresearch.com\/2012\/03\/21\/tpr-pre-earnings-report-lululemon-lulu\/\"><strong>TPR Earnings report<\/strong><\/a>.<\/p>\n<p>Here was our take:<\/p>\n<blockquote><p>Lululemon tends to surprise to the upside most times on EPS and revenue. At any sign of a miss, we could quickly rule out getting long this position and we could look to get short. There is not a whole lot of volume support to the downside on this position so it could move down rather violently.<\/p>\n<p>However, with LULU&#8217;s track record, it is very possible to see a nice beat and a move higher in the security. We will be looking for greater than $0.58 on EPS, $387 Million of sales and positive forward-looking guidance in order to get long in <!--more-->the pre-market. Anything short of this could move the stock lower.<\/p><\/blockquote>\n<blockquote><p>March 22 (Bloomberg) &#8212; Lululemon forecasts yr adj. EPS $1.50-$1.57 vs est. $1.61. Shrs fall 1.3% pre-mkt.<br \/>\n\u201d\u00a2 Sees yr rev. $1.3b-$1.325b vs est. $1.3b<br \/>\n\u201d\u00a2 Sees 1Q adj. EPS 28c-29c vs est. 29c, 1Q rev. $265m-$270m vs est. $256.1m; sees comp sales up in low 20s<br \/>\n\u201d\u00a2 4Q adj. EPS 51c vs est. 49c<br \/>\n\u201d\u00a2 4Q rev. $371.5m vs est. $361.8m<br \/>\n\u201d\u00a2 4Q comp sales up 26%; had seen comps up low-mid 20s% Jan. 10, said momentum continued with spring products<br \/>\n\u201d\u00a2 4Q gross margin 56.3% vs est. 56.9%, 55.8% Q\/q, 58.5% Q\/q<br \/>\n\u201d\u00a2 Inventory at end of yr totaled $104.1m vs $57.5m Y\/y<\/p><\/blockquote>\n<p>More details and chart &#8211;&gt; <a href=\"http:\/\/www.triggerpointresearch.com\/2012\/03\/22\/tpr-pre-earnings-report-lululemon-lulu-follow-up\/\"><strong>HERE<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<h1 style=\"text-align: center;\"><em><strong>Live and Alerting <\/strong><\/em><\/h1>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.triggerpointresearch.com\/subscription\/signup\"><img loading=\"lazy\" decoding=\"async\" title=\"tpr\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2012\/03\/tpr-10.jpg\" alt=\"\" width=\"334\" height=\"73\" \/><\/a><\/p>\n<p style=\"text-align: center;\">(<strong>Click the above for more information<\/strong>)<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early this morning, prior to the announcement by LULU, we published a TPR Earnings report. Here was our take: Lululemon tends to surprise to the upside most times on EPS and revenue. At any sign of a miss, we could quickly rule out getting long this position and we could look to get short. There [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[24,12,42],"tags":[368],"class_list":["post-18285","post","type-post","status-publish","format-standard","hentry","category-earnings","category-markets","category-stocks","tag-tpr-earnings","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/18285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=18285"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/18285\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=18285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=18285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=18285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}