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    What’s Coming Up on Money & Markets + Lululemon Earnings Preview

    Money & Markets Week Ahead Week of September 6, 2021: The financial markets are closed on Mondays, but there are still some things to add to the calendar.

    We will still be busy Money & Market.. I would like to preview some of the upcoming content that I don’t want to miss. We’ll also tell you what you can expect from Lululemon Athletica’s earnings and what you can see in one report about the employment market after COVID-19.

    come Money & Market

    Here are some sneak peaks Money & Market The content you can expect last week.

    Monday: It’s a holiday for the financial markets and our team. But we are trying something new. Check your inbox for an email with details of the first contest.It’s your chance to win some Money & Market Gear, and I’ll give you one tip: hone your green zone valuation stock research skills here..

    Tuesday: Green Zone Fortune Co-editor Charles Sizemore keeps your retirement in mind. Last week, big social security news fell. Charles has some tips on how to make sure your nest eggs are in good shape in the future.

    Thursday: Research analyst Matt Clark loves to talk about our cannabis stock YouTube channel.. In a live chat on Thursday, you’ll have the opportunity to ask questions about the cannabis sector. Get ready for your question and join Matt at 4pm EST.

    Deep Dive: Lululemon Revenue

    Beyond the high profit season, there are still some notable companies reporting quarterly numbers over the next few days.

    Lululemon Athletica Inc. (Nasdaq: Lulu). I will report the earnings on Wednesday.

    A popular athletic and leisure clothing company has become a pandemic darling as people work and exercise at home. LULU’s share price has risen 135% since its March 2020 lows.

    And that success led to a series of revenues and revenue beats.

    Earnings per share (EPS) was reported to increase $ 1.16, 27.5% higher than analysts expected, in the final Lululemon earnings call for the quarter ending April 2021.

    In retrospect, Lululemon has recorded a revenue beat in nine of the last ten quarters, and the only problem was at the start of the COVID-19 pandemic in the spring of 2020.

    Lululemon’s sales fell sharply at the beginning of the pandemic, but by the second half of 2020, sales recovered steadily, almost doubling from the second quarter to the fourth quarter of 2020.

    Lululemon reported that in the first quarter of 2021, online sales accounted for 44% of top-line revenue, compared to 54% in the year-ago quarter. As a result, total in-store revenue increased 55% year-on-year. -The mortar location has been reopened.

    skinny: Analysts forecast LULU’s second-quarter EPS growth of $ 1.18 and revenue of $ 1.33 billion in 2021, which I think will exceed that number again.

    Companies that focused on online sales during the pandemic prospered. I’ve seen it with traditional retailers like Walmart and Target, but it’s the same with small businesses like Lululemon.

    As consumers wrestle with the COVID-19 delta variant, it will be interesting to see how this trend evolves as the holiday season approaches.

    Data Dump: USJOLT Jobs

    A healthy employment market is on par with a healthy economy.

    The Jobs and Turnover Survey (JOLT) provides insights into the state of the job market, and the Bureau of Labor Statistics will publish the results of the July survey on Thursday.

    JOLT uses three criteria to define a job. There is a job, the position can be opened within 30 days, and the business is actively hiring the position. The JOLT survey also reports on employment and turnover (temporary dismissal, retirement, etc.), so it has a fairly broad view of the employment market.

    There were 10.1 million jobs At the end of June, Series high.

    Jobs are plentiful

    Employment in June also increased 4.6% to 6.7 million, increasing retail, state and local government, education and durable consumer goods manufacturing. Separation also increased slightly to 5.6 million.

    Overall, there was a net employment increase of 6.9 million in the 12 months to June.

    skinny: Economists forecast 9.28 million jobs in July. This is well below the June figures, but I think it’s easy to beat.

    Within the next few months, this data should reflect the impact of the COVID-19 delta variant. The federal unemployment allowance established by the CARE Act in 2020 will also expire on Monday.

    Revenue report

    Finally Money & Markets Week AheadLet’s take a look at some keys here Revenue This Week’s Report:

    Monday

    Uxin Ltd. (Nasdaq: UXIN).

    Agraflora Organics International Inc. (OTC: AGFAF).

    Tuesday

    Caseys General Stores Inc. (Nasdaq: CASY).

    Dada Nexus Ltd. (Nasdaq: Dada).

    Wednesday

    Lululemon Athletica Inc. (Nasdaq: Lulu).

    GameStop Corp. (NYSE: GME).

    RH (NYSE: RH).

    Thursday

    Sun Hung Kai Properties Co., Ltd. (OTC: SUHJY).

    Affirm Holdings Inc. (Nasdaq: AFRM).

    National Beverage Corp. (Nasdaq: FIZZ).

    Academy Sports Outdoors Inc. (Nasdaq: Yes).

    Friday

    Ellaktor SA ADR (OTC: ELLKY).

    number one,

    Chadstone

    Assistant Managing Editor, Money & Market

    What’s Coming Up on Money & Markets + Lululemon Earnings Preview Source link What’s Coming Up on Money & Markets + Lululemon Earnings Preview

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