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What’s Up for Money & Markets + Lululemon Yield Forecast

Money and Market Economy Week Week of September 6, 2021: The financial markets are closed on Mondays, but there is still a lot to add to the calendar.

We will continue to be busy with Money & Market. I’d love to preview some of the upcoming content that I don’t want to miss. We’ll also tell you what to expect from Lululemon Athletica’s earnings and what to see in a post-COVID-19 job market report.

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’re trying something new. You will find an email in your inbox with details about the first competition. You have a chance to win money and market equipment and I’ll give you a tip: here, hone your stock valuation skills in the green zone.

Tuesday: Green Zone Fortune co-editor Charles Sizemore is considering your retirement. Big news fell from Social Security last week. Charles has some tips on how to make sure your nest egg is in good shape going forward.

Thursday: Research analyst Matt Clark enjoys talking on our cannabis stocks YouTube channel. In a live chat on Thursday you will have the opportunity to ask questions about the cannabis sector. Get ready for your question and join Matt at 4:00 p.m. EST.

Deeper Insight: Lululemon Income

Beyond the high-earnings season, there are still a few notable companies to report quarterly figures for the next few days.

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

A popular sports and casual wear company has become a pandemic darling as people work and exercise at home. LULU’s share price has risen 135% from its March 2020 lows.

And that success resulted in a number of revenue and sales blows.

Earnings per share (EPS) are reported to have increased $ 1.16, 27.5% higher than analysts expected, in Lululemon’s latest earnings call for the quarter ending April 2021.

Looking back, Lululemon has seen sales jump nine of the past ten quarters, the only problem being the onset of the COVID-19 pandemic in spring 2020.

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

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

slim: Analysts are forecasting EPS growth of $ 1.18 for LULU in the second quarter and revenue of $ 1.33 billion in 2021, which I believe will once again beat that number.

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

With consumers wrestling with the COVID-19 delta variant, it will be interesting to see how that trend unfolds as the holiday season approaches.

Data dump: USJOLT jobs

A healthy labor market equals a healthy economy.

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

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

There were 10.1 million jobs at the end of June, series high.

There are enough jobs

Employment also rose 4.6% to 6.7 million in June, increasing retail, state and local government, education, and consumer durables manufacturing. The separation also increased slightly to 5.6 million.

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

slim: Economists forecast 9.28 million jobs in July. That’s well below the June numbers, but I think it’s easy to beat.

Over the next few months, this data should reflect the effects of the COVID-19 delta variant. The federal unemployment benefit set by the CARE law in 2020 will also expire on Monday.

Sales report

Finally Money & Markets Week Ahead, let’s take a look at some of the keys here: This Week’s Earnings Report:

Monday

Uxin Ltd. (Nasdaq: UXIN).

Agraflora Organics International Inc. (OTC: AGFAF).

Tuesday

Caseys General Stores Inc. (Nasdaq: CASY).

Dada Nexus Ltd. (Nasdaq: chest).

Wednesday

Lululemon Athletica Inc. (Nasdaq: Lulu).

GameStop Corp. (NYSE: GME).

RH (NYSE: NS).

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 sir).

Friday

Ellaktor SA ADR (OTC: ELLKY).

Number one,

Chadstone

Assistant Managing Editor, Money & Market

What’s coming with Money & Markets + Lululemon Earnings Preview Source link What’s coming with Money & Markets + Lululemon Earnings Preview

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