181 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?............"
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener 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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out