Lululemon’s Q3 2020 Earnings Crushed Forecasts, Boasts 1.12 Billion USD in Net Revenue

Picture of Lululemon city store

Source: Dreamstime | Photographer: Michael Spring

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On Thursday (10.12), Lululemon Athletica reported profits that overshadowed Wall Street expectations by a wide margin thanks to record Thanksgiving and Black Friday sales.

After initial gains following the news, the company’s shares fell by around 1% in the after-hours trading session. So far this year, Lululemon’s shares have grown by 59%.

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CVS Health Corp Raises Its 2020 Earnings Guidance After Q3 Revenue Exceeded Expectations

Earnings analysis of CVS Health Corp for Q3 2020

Source: Pixabay

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Last Friday, CVS shares were up by nearly 6% at market close on the news that the company has generated higher-than-expected income after it expanded its drugstore chain business to also include health services covering all needs – from basic health insurance to COVID-19 testing. In its latest earnings call, CVS Health Corp also announced a new CEO.

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