Wall Street Breakfast Lingerie, leggings and beauty wins
4 snips
Dec 6, 2024 Lululemon shines with impressive quarterly results and raises its fiscal year guidance. Ulta Beauty delivers strong Q3 performance, showcasing its resilience in the beauty sector. Victoria's Secret increases its forecast, fueled by a boost from the approaching holiday season. Meanwhile, the podcast delves into the wider market trends and the impact of social media on stock movements, keeping investors engaged with essential economic indicators.
AI Snips
Chapters
Transcript
Episode notes
Lululemon's International Growth
- Lululemon (LULU) saw strong quarterly results, with better-than-expected profits and sales.
- International sales surged by 25%, offsetting a 2% decline in U.S. comparable sales.
Ulta's Q3 Turnaround
- Ulta Beauty (ULTA) had a robust Q3, with gains in sales and profits, exceeding expectations.
- Their comparable sales turned positive, reaching 0.6% growth after a negative Q2.
Victoria's Secret Holiday Boost
- Victoria's Secret (VSCO) raised its full-year forecast due to strong holiday season momentum.
- Q3 results exceeded expectations, with mid-single-digit growth in North America and over 20% international growth.