Lululemon exceeds forecast but the value is stretched
Update: 2025-09-16
Description
Narrow-moat Lululemonâs results in fiscal first-quarter 2019 slightly exceeded Morningstar's forecast. The firm reported earnings per share of 74 cents, and beat our forecast because of a reduced share count from repurchases and a lower tax rate which was a result of a large stock-based compensatio....
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