Moderna $MRNA (+6,04 %) cuts 2025 revenue forecast to $1.5B–$2.5B (from $2.5B–$3.5B) due to slower demand for COVID and RSV vaccines. 2024 sales hit $3.0B–$3.1B.

Cash costs to drop by $1B in 2025, with another $500M cut planned for 2026. CEO Bancel highlights focus on driving growth, 10 product approvals in 3 years, and further cost reductions. Full Q4 results coming Feb 14, 2025.

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Abercrombie & Fitch $ANF (-2,44 %) raises its Q4 net sales forecast to +7%–8%, up from +5%–7%, citing strong holiday demand. Operating margin is expected around 16%. FY24 net sales now forecasted at +15% with a 15% operating margin. Record sales driven by strong comps across regions and brands. Full details at 2025 ICR Conference.

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$LULU (-1,51 %) $LULu RAISES GUIDANCE: Lululemon updates Q4 2024 outlook with revenue now expected at $3.56-3.58B (prior $3.48-3.51B) and EPS at $5.81-5.85 (prior $5.56-5.64). Gross margin forecast improved by 30 bps. Strong holiday demand cited.

$LULU (-1,51 %)
| Lululemon Q3 Earnings Highlights:

🔹 EPS: $2.87 (Est. $2.71) 🟢

🔹 Revenue: $2.4B (Est. $2.36B) 🟢; UP +9% YoY

🔹 Comparable Sales: +4%

🔸 Authorizes $1B Buyback

FY Guidance:

🔹 EPS: $14.08-$14.16 (Est. $13.95-$14.15) 🟢

🔹 Revenue: $10.452B-$10.487B (Est. $10.42B) 🟡

🔹 Assumes a tax rate of ~30%.

Q4 Guidance:

🔹 Revenue: $3.475B-$3.510B (Est. $3.50B) 🟡

🔹 EPS: $5.56-$5.64 (Est. $5.62) 🟡

🔹 Assumes a tax rate of ~29.5%.

Q3 Segments:

🔹 Americas Rev: +2% YoY

🔹 International Revenue: +33% YoY (30% constant currency)

🔹 Americas Comparable Sales: -2%

🔹 International Comparable Sales: +25% reported (+22% constant currency)

Margins:

🔹 Gross Margin: 58.5% (Est. 57.5%) 🟢; UP +150 bps YoY

🔹 Operating Margin: 20.5% (Est. 19.7%) 🟢; UP +520 bps YoY

Operational Metrics:

🔹 New Store Openings: 28 (including 14 in Mexico from acquisition), totaling 749 stores globally

🔹 Inventory: $1.8B (Est. $1.87B), UP +8% YoY

Shareholder Returns:

🔹 Stock Buybacks: Repurchased 1.6M shares for $408.5M

🔹 Stock Repurchase Program: Increased authorization by $1.0B; $1.8B remaining

CEO Commentary:

🔸 "Our results reflect continued global momentum, especially in international markets. With a strong start to the holiday season, we remain focused on elevating our U.S. business and expanding brand awareness worldwide."

— Calvin McDonald, CEO

Strategic Initiatives:

🔹 "Power of Three ×2" growth strategy to double 2021 revenue to $12.5B by 2026, focusing on product innovation, guest experience, and market expansion.

$LULU (-1,51 %) has maintained high gross margins over the last decade while also maintaining consistent levels of free cash flow margins, net margins, and EBITDA margins.

Over the last three to five years, margins have grown slightly across the board, while the stock price has significantly declined year-to-date and over the last 12 months. Since 2019, free cash flow margins have improved by 8%, and since 2021 they have improved by 30%.

Similarly, net margins improved by 11% and 22% respectively, while EBITDA margins also improved by 7% and 15% respectively.

$LULU (-1,51 %) still with an interesting price.

wanting to add more Boys