Why Lululemon Shares Are Falling Today
Why Lululemon Shares Are Falling Today
Foot Locker and Abercrombie & Fitch also reported their fiscal 2024 second-quarter earnings before the market opened on Wednesday.Lululemon Athletica Inc. (NASDAQ:LULU) shares are trading lower Wednesday. The decline comes amid broader sector weakness, particularly following the earnings reports of other retail and athletic wear companies, such as Foot Locker Inc. (NYSE:FL) and Abercrombie & Fitch Company (NYSE:ANF).
Lululemon Athletica Inc. (纳斯达克:LULU)股价周三下跌。此次下跌是整个板块疲软的结果，尤其是在其它零售和运动服装公司如富乐客(Foot Locker Inc., 纽交所：FL)和 Abercrombie & Fitch Company (纽交所：ANF)发布财报后。
Both companies reported better-than-expected earnings but failed to inspire confidence across the sector, leading to a sell-off that impacted Lululemon as well.
这两家公司的盈利超过预期，但未能在整个板块中激发信心，导致卖压影响了Lululemon。
What To Know: Lululemon is set to release its second-quarter earnings on Thursday, Aug. 29, after market close. Analysts expect the company to report earnings per share (EPS) of $2.92 and revenue of $2.409 billion.
了解一下：Lululemon计划在8月29日周四的盘后公布其第二季度财报。分析师预计该公司将报告每股收益为2.92美元，营业收入为24.09亿美元。
Foot Locker and Abercrombie & Fitch also reported their fiscal 2024 second-quarter earnings before the market opened on Wednesday.
富乐客和 Abercrombie & Fitch也在周三市场开盘前发布了他们2024财年第二季度的财报。
Foot Locker: The company posted a loss of five cents per share, which was better than analysts' expectations of a seven cents per share loss.
富乐客：公司每股损失为5美分，好于分析师预期的每股损失为7美分。
Foot Locker also reported sales of $1.89 billion, slightly exceeding the $1.88 billion forecast. The company reaffirmed its adjusted EPS guidance for the 2024 fiscal year, projecting between $1.50 and $1.70.
富乐客的销售额为18.9亿美元，略高于18.8亿美元的预期。公司重申了其2024财年调整后每股收益的指导范围，预计在1.5美元至1.7美元之间。
During the quarter, Foot Locker opened five new stores but closed 41. Additionally, 14 stores were remodeled or relocated and 67 were updated to meet new design standards.
在这一季度，富乐客开设了5家新店，但关闭了41家店铺。此外，有14家店进行了改装或迁址，67家店进行了更新以符合新的设计标准。
Abercrombie & Fitch: Abercrombie outperformed analyst estimates by reporting sales of $1.13 billion, surpassing the expected $1.10 billion, and an adjusted EPS of $2.50, above the $2.22 forecast. The company also anticipates third-quarter net sales to grow in the low double digits year-over-year.
Abercrombie & Fitch：该公司的销售额为11.3亿美元，超过了预期的11亿美元，并且调整后每股收益为2.5美元，高于2.22美元的预期。该公司还预计第三季度净销售额将同比增长两位数。
Analyst Outlook: Despite the recent dip, analysts maintain a generally positive outlook on Lululemon.
分析师展望: 尽管最近有所下跌，分析师仍然对露露柠檬的前景保持普遍积极的看法。
Wedbush analyst Tom Nikic lowered his price target from $400 to $324 while maintaining an Outperform rating. Truist Securities analyst Joseph Civello maintains a Buy rating with a $310 price target.
Wedbush分析师Tom Nikic将其目标价从400美元降至324美元，同时维持跑赢市场评级。Truist Securities分析师Joseph Civello保持310美元的买入评级。
The consensus analyst rating remains a Buy, with a price target of $387.72, indicating a potential upside of approximately 26.95%.
一致的分析师评级仍然为买入，目标价为387.72美元，显示潜在上涨约26.95%。
LULU Price Action: Lululemon's stock closed Wednesday down 4.55% at $258.83, according to Benzinga Pro.
LULU股价走势: 根据Benzinga Pro的数据，Lululemon的股价周三收盘下跌4.55%，报258.83美元。
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