NASDAQ:LULU   LULULEMON ATHLETICA INC
180 0 0
LULU will miss earnings meaningfully this week. Were the last quarter's tax rate not lowered, presumably by the CFO hoping to keep the stock elevated at 50+ times earnings , to 19% from the 36% of the past two+ years, earnings in the most recent quarter would have been $.17/shr vs. $.27/shr (for those of u not familiar with arithmetic) rather than $.39 (I forget, it might have been $.37). This is one of the most obvious shorts I have ever seen. In addition, the company chose, in the interest of not injuring earnings in the income statement, to Capitalize Expenses and put $17 mil of Prepaid Expenses on the balance sheet , and only flowed <$3 mil in operating expenses through the income statement. Sales per store have been declining in each of the last three quarters, as well. Geez-"Sounds like a great long to me?............"
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out