On Monday, North American high-end yoga and sportswear brand Lululemon Athletica Inc. (NASDAQ:LULU) released the latest performance update. It is expected that the revenue for the fourth quarter ended January 29 was between 7.75 and 7.85 billion US dollars. Same-store sales growth in single digits, previous earnings expectations It is 7.65-7.85 billion U.S. dollars. The company also narrowed its fourth-quarter EPS forecast from the previous $0.96-1.01 to $0.99-1.01.
Laurent Potdevin, CEO of Lululemon Athletica Inc., said in a statement that during the holiday season that has just passed, the company has achieved strong performance in both physical and online channels, and is satisfied with the work of the Group's global creative team.
However, due to the overall gloomy sales performance of the retail industry in the United States last week and Lululemon Athletica Inc. narrowing the expected range and not increasing the EPS ceiling, the company’s stock price has not been stimulated by the news. Instead, the company’s share price was 1.6% in the morning. The decline, which closed at $68.19 a day, fell slightly by 0.12%. At the end of last year, Lululemon finally entered the Chinese mainland market. On December 15th and 16th, the branded IFC International Center in Shanghai, Jingan Kerry Centre in Shanghai and Sanlitun Store in Beijing opened one after another. The company had already opened the store before opening the store. The China e-commerce platform Tmall.com Tmall has an online store. Its brand spokesman claims that Tmall's channel quarter-on-quarter ratio has increased by 50%.
The brand Sina Weibo operated by Luluomeng Trading (Shanghai) Co., Ltd. opened on November 25, 2016. As of Monday, there were only 2,000 followers, and the Chinese e-commerce website, which was originally scheduled to go online in 2015, remains a drag. Further delays, after the company stated that it opened its business in China before the end of last year, but it has not yet reached the deadline as of the time of the non-fashion Chinese website.
For China's expansion, the company currently mainly develops the first-line market in advance, but it also aims at the highly potential second and third-tier markets. According to Ken Lee, senior vice president of Lululemon Athletica Inc. and managing director of the Asia market, who led China’s expansion, Lululemon has already held a 500-person event in Chengdu. The scale of the ambassador reached the top of the brand's mainland market activity. The fact that the brand did not sell in the local market shows the great potential of young consumers in the second and third tier cities that are not yet infiltrated but increasingly wealthy and familiar with the Internet and social media.
Group CEO Laurent Potdevin also stated that it will fine-tune according to different markets. Given the differences in Asian personalities, the Lululemon brand's design team will make appropriate adjustments in size and size but will not develop specific product lines for individual markets.
In terms of selling prices, Laurent Potdevin revealed that the price has been deliberately reduced to narrow the spread with the United States, hoping to play a role in driving Chinese consumers to spend on local consumption instead of tourism. However, in the US, only US$98 (about 677 yuan and 760 Hong Kong dollars) of Lululemon, one of the best-selling women's yoga pants, Align Pant and Hong Kong official website, are priced at 850 yuan and 920 Hong Kong dollars (about 819 yuan) respectively. The price difference between China and the United States reached 25%.
Lululemon Athletica Inc.’s previous two product recalls caused major injury to the company and rebounded in the near future. As of the end of October, the group had achieved nine consecutive quarters of same store sales growth, a 7% increase in the third quarter. In addition to e-commerce stores, sales increased by 4%.
However, the market remains concerned about the prospects of the North American Sports Goods Group. Some analysts pointed out that female consumers gradually lose interest in the “sports and leisure†category, and the competition in this area is fierce. According to Betty Chen, an analyst at Mizuho Securities, Lululemon Athletica Inc. (NASDAQ: Lululemon Athletica Inc., Nasdaq: NASDAQ: “Lululemon Athletics Inc.†(NASDAQ:) LULU) The target price has dropped from $68 to $60.
Deutsche Bank AG (DBK.DE) In a recent study, Deutsche Bank AG stated that during the Black Friday period, the passenger flow at the Lululemon brand stores was healthy, but consumer spending was weak. Camilo Lyon, an analyst with Canaccord Genuity Group Inc., also expects that the brand's regular customers will only buy 3 tight pants in 2017, one less than in 2016, which means that the group will reduce sales of $127 million in the next year, he said. The group’s stock rating was downgraded from “hold†to “saleâ€.
The famous financial media Barron Weekly website also published an article on Monday, questioning whether Lululemon Athletica Inc. can continue to maintain growth over the previous two years. The media cited analysts reporting that jeans may be revived to replace the prevailing leggings and yoga pants; in addition, Lululemon can reduce costs while maintaining product quality, and the company has previously had a painful product recall experience; The culottes started from yoga trousers, Lululemon, which is currently the best performing sports underwear. On the contrary, trousers products performed below average growth.
However, Stuart Haselden, chief financial officer of Lululemon Athletica Inc., stated at the third quarter post-fiscal performance conference that “sports and leisure†as a trend will decline like any trend, and competitors who cannot provide high-quality products and services will be able to It will be eliminated, and the group will continue to focus on the development of new fabrics and products to distinguish it from other competitors. CEO Laurent Potdevin reaffirmed at the performance meeting a five-year plan for doubling income and doubling profits.
Reproduced from: China Clothing Talent Network
Deboning chicken is a time-consuming process and large meat processing plants deal with significant amounts of meat. Even if a plant employs a large number of workers to debone poultry manually, it will still be costlier and more time-consuming than utilizing deboning machines. Additionally, manual deboning has a negative effect on the freshness and quality of the meat. To solve these problems, Helper deboners provide excellent efficiency and output.
You can preprocess the poultry by cutting them into parts, and then efficiently debone separated meat by Helper deboner, which means customers only need to purchase the meat and segment it. Sunby deboners can quickly debone the meat and has less influence on the meat quality during the processing. Moreover, there are many models of deboners to meet your different demands.
After processing, minced poultry can be made into chicken nuggets, sausages, etc.. The remaining crushed bone can be made into pet feed because it contains a lot of protein to that makes for high quality nutritional supplements.
QGJ-100 300-350kg/h
QGJ-130 600-800kg/h
QGJ-160 1200-1500kg/h
QGJ-180 2000-3000kg/h
QGJ-220 3000-4000kg/h
QGJ-300 4000-5000kg/h
Meat Deboner,Bone Meat Separating Machine,Poultry Deboning Machine,Meat Bone Separator,Red Meat Deboning Machine
Helper Machinery Group Co., Ltd. , https://www.helperfoodmachiney.com