The first quarter of 2017 was tough for US wireline telecom players like CenturyLink, which has 10.9 million voice lines and 5.9 million broadband subscribers.
For 2Q17, LULU’s earnings per share are expected to land in the $0.33–$0.35 range (excluding the Ivivva restructuring impact) versus $0.38 in 1Q16.
Lululemon’s (LULU) adjusted operating margin expanded 50 basis points to 12.1% of sales.
Lululemon plans to operate its Ivivva business primarily through the digital channel and is looking to close 40 of its 55 stores.
Lululemon’s (LULU) 1Q17 top line was driven by a 10% increase in square footage.
Lululemon Athletica (LULU) reported its 1Q17 results on June 1, 2017. LULU delivered better-than-expected performance on earnings and revenues, with a 5% YoY increase in total sales of $520 million.
On June 2, 2017, Alibaba (BABA) stock had generated a return of ~60.6% in the trailing-12-month period, compared to ~5.1% in the trailing-one-month period.
Alibaba boasts a total enterprise value (or EV) of ~$305.1 billion. Amazon, Twitter, Facebook, and Yelp have EVs of ~$467.4 billion, ~$11.2 billion, ~$412.9 billion, and ~$1.8 billion.
Since it set out to expand beyond its core e-commerce industry, Alibaba has made several investments in areas such as cloud computing, mobile payments, and digital media.
How can Alibaba (BABA) become more profitable? This question came to the forefront again as the company ended fiscal 4Q17 with a mixed bag of results.
Like its peers in China (FXI) and overseas, Alibaba (BABA) isn’t content with being just an e-commerce company.
Alibaba (BABA) may be the heavyweight in China’s (MCHI) e-commerce industry, but the company has some catching up to do in China’s digital video market.
In Alibaba’s (BABA) e-commerce industry, metrics such as active shoppers and average revenue per user (or ARPU) are closely watched.
Looking at Alibaba’s (BABA) fiscal 4Q17 scorecard, we can’t help but see a stock that’s both a source of hope and a cause for concern for investors.
Cloud computing is one of Alibaba’s (BABA) promising businesses, and the company’s recently released fiscal 4Q17 report confirms it.
Alibaba (BABA) recently launched a version of its Alipay app in Hong Kong called AlipayHK. Alipay is operated by Alibaba’s payments arm, Ant Financial.
After reporting a revenue rise in the double-digits and surpassing Wall Street’s expectations in its fiscal 4Q17, Alibaba declared a generous buyback package that would span two years.
Alibaba (BABA) wants to lead China’s on-demand service economy, and its investment in digital payments and food delivery startups tells the story.
Michael Kors’ (KORS) weak guidance for fiscal 1Q18 brought the company a host of target price revisions.
Michael Kors (KORS) has a strong cash flow position. The company ended fiscal 4Q17 with cash and cash equivalents of $228 million and net debt of -$95 million.