Ultima Markets: 【 Market Hot Spots 】 US Stockslululemon Bulls are ready to depart at any time

It has been some time since various US stocks released their first quarter financial reports. Some of the top performing US stocks have already digested the impact of financial reports and are entering a stage of volatility worthy layout,LululemonIt is a typical case among them.

6month2Day,Lululemon (UltimaMarketscodeLULU+) Announce the latest Q1 financial report, with year-on-year revenue growth24%to20Billion US dollars, net profit increased year-on-year52.63%to2.9100 million US dollars, raise the annual performance guidance to94.4-95.1Billion US dollars, both exceeding market expectations.

（lululemonQuarterly financial report comparison)

LululemonThe financial report is extremely impressive, with both revenue and net income soaring at a double-digit rate, rather than a short-term flash in the pan in the first quarter. As of2023year1During the three years of the month,LululemonSales revenue26.5%The compound annual growth rate has increased.

Considering the supply chain bottlenecks, rising interest rates, and potential economic recession caused by the pandemic during this period, this growth rate is truly impressive. This has also led to an increase in its stock price over the past five years215%This increase easily exceeds the Nasdaq Composite Index.

according toLululemonAccording to the financial report, the average quarterly gross profit margin of the company over the past five years is55.9%This clearly indicates that consumers are willing toLululemonThe product pays a premium, of course, thanks toLululemonExcellent in brand image.

In addition, in the most recent quarter,LululemonOnline sales as a percentage of total revenue42%. and2023The stock price has risen so far this year18%。

（lululemonThis year, it has risen from a low point to nearly100USD, sourceUltima Markets MT4）

From a technical perspective,luluOn the perimeter65The daily moving average stopped falling, and the market subsequently fluctuated upwards, encountering obstacles once again386.46The suppressed price range around the US dollar.

（lululemonDaily periodic chart, sourceUltima Markets MT4）

On the daily cycle, it implies the currentlululemonReady to take off,65The daily moving average has always supported the market, and the three moving averages are entangled and are about to level out. The stock price has not fallen below368.37Before the critical low point of the US dollar, there was always a driving force for further upward movement, even breaking through the suppression of high points on the weekly cycle.

Ultima MarketsAll US stocks are stocksCFDEarning profits through fluctuations in stock prices. You don't even need to actually hold stocks to leverage and amplify returns, crossing the bull bear cycle. Except for things likelululemonOutside of the same growth stocks,Ultima Markets Covering globally popular stocks, including Apple, Amazon, Disney, Tesla, and other large blue chips.

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The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not incur any losses or losses (including but not limited to any loss of profit) that may arise from the direct or indirect use or reliance on such information