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Recent Articles
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Dividend Increases/Decreases for the Week of April 4
Apr 4, 2025
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Let's take a look at firms raising/lowering their dividends this week.
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Lululemon Continues to Execute on Its Growth Strategy
Mar 31, 2025
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Image Source: TradingView.
Lululemon ended 2024 with $2.0 billion in cash and cash equivalents, while inventories increased by 9%, to $1.4 billion at the end of the year. For 2025, Lululemon expects net revenue in the range of $11.15-$11.3 billion, representing growth of 5%-7%, or 7%-8%, excluding the 53rd week of 2024. Diluted earnings per share are expected to be in the range of $14.95-$15.15 for the year, assuming a tax rate of approximately 30%. The company continues to execute on its Power of Three x2 growth plan calling for the doubling of the business from 2021 net revenue of $6.25 billion to $12.5 billion by 2026.
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Adobe’s Outlook Falls Short of Expectations
Mar 31, 2025
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Image Source: TradingView.
Adobe’s Remaining Performance Obligations (RPO) were $19.69 billion exiting the fiscal first quarter, with current RPO at 67%. Looking to Adobe’s fiscal year 2025 targets, total revenue is expected to be between $23.3-$23.55 billion, the midpoint below the consensus forecast of $23.51 billion. Digital Media segment revenue is targeted to be between $17.25-$17.4 billion, while Digital Experience segment revenue is targeted at $5.8-$5.9 billion. On a non-GAAP basis, earnings per share is expected to be between $20.20-$20.50, the midpoint below the consensus forecast of $20.39.
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FedEx Lowers Outlook Again
Mar 31, 2025
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Image: TradingView.
For 2025, FedEx now expects revenue to be flat to slightly down year-over-year, compared to its prior forecast of approximately flat. Diluted earnings per share is targeted at $15.15 to $15.75 before mark to market retirement plans accounting adjustments compared to the prior forecast of $16.45-$17.45. Excluding costs related to business optimization initiatives, international regulatory and legacy FedEx Ground legal matters, and the planned spinoff of FedEx Freight, it is targeting diluted earnings per share in the range of $18.00-$18.60 from $19.00-$20.00 previously.
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