Lululemon Athletica Earnings, Revenue beat in Q1 By Investing.com

Lululemon Athletica (NASDAQ:LULU) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Lululemon Athletica announced earnings per share of $1.16 on revenue of $1.23B. Analysts polled by Investing.com anticipated EPS of $0.9012 on revenue of $1.12B.

Lululemon Athletica shares are down 8.8% from the beginning of the year and are trading at $325.67 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 4.98% from the start of the year.

Lululemon Athletica shares gained 2.60% in after-hours trade the report.

Lululemon Athletica follows other major Services sector earnings this month

Lululemon Athletica’s report follows an earnings beat by Walmart on May 18, who reported EPS of $1.69 on revenue of $138.31B, compared to forecasts EPS of $1.21 on revenue of $132.16B.

Home Depot had beat expectations on May 18 with first quarter EPS of $3.86 on revenue of $37.5B, compared to forecast for EPS of $3.08 on revenue of $34.82B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar