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Lululemon's China Comeback, Analyst Sees 60% Q3 Growth
November 04, 2024
Lorraine Hutchinson, BofA Securities analyst, reiterated a Buy rating for LULU with a $355 price target. Data shows strong sales in China, reinforcing confidence in LULU's growth potential. China plays...
Via
Benzinga
Fortive Q3: Revenue Miss, EPS Beat, Revises FY24 Guidance Amid Strategic Split Plans
October 30, 2024
Fortive Corporation shares fell after reporting lower Q3 results. Revenue grew 3% Y/Y but missed consensus. Adjusted operating margin increased and EPS beat expectations.
Via
Benzinga
Lululemon Set For Strong Global Growth Despite Mixed US Trends: Analysts Eye China As Key Driver For 2024-2026 Expansion
October 07, 2024
Analysts provide mixed views on Lululemon ahead of Shanghai Analyst Meeting on Oct 9-10. Brand shows improvement in digital traffic and purchases, but in-store sales and Google search decline. Focus on...
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Benzinga
Single-Family Housing Starts Are Up As Mortgage Rates Decline, Fed Eyes Lower Rates
September 18, 2024
Single-family housing starts last month came in at an annualized rate of 992,000 units, up 15.8% from a revised figure of 857,000 for July.
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Benzinga
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Fortive's Mixed Q2 Bag: Slight Revenue Miss Coupled with Tightened Full-Year Forecasts
July 24, 2024
Fortive reports Q2 FY24 results with revenue of $1.55B, slightly missing consensus. Adjusted EPS beats at $0.93. Lowered revenue outlook for FY24.
Via
Benzinga
Why Industrial Conglomerate Fortive's Shares Are Sliding Today
April 24, 2024
Fortive reported lower Q1 FY24 results, missing revenue estimates. Adjusted EPS beat expectations. Dividend declared. Fortive revised its FY24 outlook.
Via
Benzinga
Lam Research Eyes Vietnam To Diversify Supply Chain Away From China: Report
March 22, 2024
Lam Research Corp is looking to diversify its supply chain due to US export controls impacting its operations in China. Vietnam has offered to support with $1B investment by Lam in local production.
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Benzinga
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