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Message
LuLu up 13.5% after hours - 1st Quarter Earnings Release
Posted on 6/1/23 at 4:04 pm
Posted on 6/1/23 at 4:04 pm
CNBC - LuLu Soars
Revenue higher than expected
International sales up 60%
Profit Margin higher
A lot of cash on hand
Revenue higher than expected
International sales up 60%
Profit Margin higher
A lot of cash on hand
This post was edited on 6/1/23 at 4:55 pm
3
Posted on 6/1/23 at 9:55 pm to tigerforever7
Who is buying this overpriced stuff in this economy
Posted on 6/2/23 at 6:40 am to PotatoChip
quote:
Who is buying this overpriced stuff in this economy
I am. Their shite is amazing. A little overpriced, but I haven't found anything that compares to their shorts and pants. Get you a pair of ABC pants and come back to me.
Posted on 6/2/23 at 7:48 am to slinger1317
I buy their workout shorts and the quality is light years better than Nike or under armour.
I do typically wait for a sale, however.
I do typically wait for a sale, however.
Posted on 6/2/23 at 7:51 am to tigerforever7
shite, wife told me to buy it a couple months back, said they had a new line coming out 
Posted on 6/2/23 at 8:42 am to PotatoChip
this always gets me. so many people claim inflation, everything cost more, prices are too high but yet i've asked numerous people what they have done to adjust their lifestyle to offset these claims and they all say pretty much nothing. People who bought lulu and like it still buy it along with everything else out there.
Posted on 6/2/23 at 9:30 am to PotatoChip
quote:
Who is buying this overpriced stuff in this economy
It doesn't make any sense. The world is upside down right now.
Posted on 6/2/23 at 9:49 am to PotatoChip
quote:
Who is buying this overpriced stuff in this economy
I buy the expensive Lulu stuff. But to me it’s priced well for what you get.
Posted on 6/2/23 at 10:36 am to ks_nola
quote:
People who bought lulu and like it still buy it along with everything else out there.
"luxury" retail has not seen the spending change as much as the rest of retail which makes sense as the people spending on these items are not as impacted.
Posted on 6/2/23 at 10:49 am to PotatoChip
quote:Seems like everyone when you look around.
Who is buying this overpriced stuff in this economy
Posted on 6/2/23 at 2:32 pm to PotatoChip
quote:
Who is buying this overpriced stuff in this economy
The thing is everyone is. Men who work out, women who work out, men that dress more casually at the office, both men and women that work from home.
But the main reason for the big time Q1 earnings was international (China) sales way up and their “accessories” department sales were up like 60%. That’s like water bottles, yoga mats, shoes, etc…
This post was edited on 6/3/23 at 8:54 am
Posted on 6/2/23 at 9:11 pm to tigerforever7
Love their shorts/pants. Their polos/workout shirts are low quality, IMO.
Posted on 6/3/23 at 7:28 am to PotatoChip
quote:
Who is buying this overpriced stuff in this economy
They don't market to poor people.
Posted on 6/3/23 at 9:07 am to PotatoChip
quote:
Who is buying this overpriced stuff in this economy
LULU is really just getting started. Women’s brand was their core. Moving into men’s clothing and now have started moving internationally. They will branch off to non-clothing items as their fourth wave. This has a lot of room for more growth. Their product is far superior to competitors.
High end retail has not been impacted by slower economy.
Posted on 6/3/23 at 9:58 pm to slinger1317
quote:
amazing. A little overpriced, but I haven't found anything that compares to their shorts and pants. Get you a pair of ABC pants and come back to me.
Vuori is just as good and not as “look at me” pretentious.
Posted on 6/4/23 at 7:28 am to BigPerm30
Vuori is just as expensive.
As is Alo.
As is Alo.
Posted on 6/4/23 at 8:49 pm to BigPerm30
They’re both premium brands at similar price points.
But yeah - Lululemon shorts and pants are phenomenal. Thinking about trying out Vuori’s shirts though. I’m too in between L and XL for most brands.
But yeah - Lululemon shorts and pants are phenomenal. Thinking about trying out Vuori’s shirts though. I’m too in between L and XL for most brands.
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