5 September Watchlist 👀

 

Today we are watching…

1.  Lululemon Athletica (#lulu)

Nike wants to eat Lululemon Athletica’s lunch, aiming its crosshairs directly at the athleisure segment that has helped Lulu eclipse so many past earnings estimates. In defense, the smaller retailer is diversifying away from North America. It’s also enjoying its strongest demand from sporty customers for its highest-margin clothing, aiding profitability that’s sustained by a strong e-commerce presence. Needless to say, Lululemon staff have been rushed off their feet recently! Their chances of a summer bonus may rest on the company’s earnings showing today, as it aims to beat Wall Street expectations of $0.89 in profit per share on $842 million in revenue. Got LULU in your portfolio? We wish you the best of fortunes!

2. Signet Jewelers (#signet)

If Signet Jewellers can find a way to beat earnings expectations today, investors could easily see the stock pop. The jeweler has lost its sparkle after its costs mushroomed and its store concept began falling apart, but refreshingly, its troubleshooting efforts strike at the heart of those problems. The Bermudan company is on a cost-reduction kick, but investors will need to see more significant results before returning to the stock. Signet investors have been sat on the sidelines of this bull market, watching other market players fritter their riches (but not even on Signet’s jewelry)! Things aren’t looking good. The company is up against profit per share estimates of $0.25 on $1.34 billion in revenue. There couldn’t be a diamond in the rough here, could there?

Share:
More Posts
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.