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2021-09-08
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Lululemon Reports Q2 Earnings Today: Will It Maintain Success While Battling Supply Chain Costs?<blockquote>Lululemon今天公布第二季度收益:它会在对抗供应链成本的同时保持成功吗?</blockquote>
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That said, the recovery hasn't been smooth. The athletic apparel maker is facing a new set of challenges regarding its supply chain and material shortages, and investors will be eager to understand its impact when the company reports earnings tomorrow.</p><p><blockquote><ul><li>华尔街分析师预计该公司营收为13.3亿美元,每股收益为1.18美元。</li><li>Lululemon的交易价格高于耐克。</li><li>考虑到Lululemon更快的增长和更好的利润率,溢价是合理的。</li></ul><b>露露柠檬运动</b>(纳斯达克:LULU)第一季度销售额从去年大流行引发的下降中反弹。也就是说,复苏并不顺利。这家运动服装制造商正面临供应链和材料短缺方面的一系列新挑战,当该公司明天公布收益时,投资者将渴望了解其影响。</blockquote></p><p> With economies reopening and more people visiting stores in person, customer-interest is obviously expanding compared to last year. Furthermore, the warmer weather means people are indulging in outdoor fitness activities more frequently, which means the company's second quarter sales should be driven by a seasonal tailwind as well. The difficulty, however, is in meeting that customer demand in a cost-effective manner.</p><p><blockquote>随着经济重新开放,越来越多的人亲自去商店,与去年相比,顾客的兴趣明显扩大。此外,天气变暖意味着人们更频繁地进行户外健身活动,这意味着该公司第二季度的销售也应该受到季节性顺风的推动。然而,困难在于以具有成本效益的方式满足客户需求。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4406869841d32301a70cb71639d0de8d\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>LULULEMON IS TRADING AT A FORWARD PRICE-TO-EARNINGS RATIO OF 58. IMAGE SOURCE: GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>LULULEMON的预期市盈率为58。图片来源:盖蒂图片社</span></p></blockquote></p><p> <b>Robust sales, but keep an eye on costs</b></p><p><blockquote><b>销售强劲,但要关注成本</b></blockquote></p><p> Investors will be paying close attention to management's remarks on the company's supply chain. Several companies are reporting issues with material shortages and rising costs to ship products. Inventory levels for the second quarter should hold clues whether this is an issue at Lululemon. At the end of the last quarter, the company reported $733 million in inventory on hand, a 17% increase from year-ago levels -- something that should ease immediate concerns.</p><p><blockquote>投资者将密切关注管理层对公司供应链的言论。几家公司报告了材料短缺和产品运输成本上升的问题。第二季度的库存水平应该可以说明这是否是Lululemon的问题。截至上季度末,该公司报告手头库存为7.33亿美元,比去年同期增长17%,这应该会缓解眼前的担忧。</blockquote></p><p> The good news coming out of supply shortages across the industry is fewer companies are offering discounts and promotions, which means more products are getting sold at, or near, full price. It remains to be seen if higher merchandise margins will be enough to offset increasing costs for materials and freight.</p><p><blockquote>整个行业供应短缺带来的好消息是,提供折扣和促销的公司越来越少,这意味着更多的产品以全价或接近全价出售。更高的商品利润是否足以抵消不断上涨的材料和运费成本还有待观察。</blockquote></p><p> And since supply chain shortages are still being felt across industries, shareholders will want to observe the company's inventory level at the end of Q2. If the company makes robust sales but fails to replenish its inventory, it could hurt sales for the next quarter or two.</p><p><blockquote>由于各行业仍然感受到供应链短缺,股东希望在第二季度末观察公司的库存水平。如果该公司销售强劲,但未能补充库存,可能会损害未来一两个季度的销售。</blockquote></p><p> Revenue increased by 88% in its most recent quarter. Of course, this was compared to weaker figures from the same time last year when many of its stores were still closed. Still, looking back over two years, company-operated store revenue was 3% higher. Meanwhile, e-commerce revenue increased by 55% from last year.</p><p><blockquote>最近一个季度的收入增长了88%。当然,与去年同期的疲软数据相比,当时该公司的许多商店仍处于关闭状态。尽管如此,回顾两年多来,公司经营的商店收入仍增长了3%。与此同时,电子商务收入较去年增长55%。</blockquote></p><p> <b>Digital sales still hold key</b></p><p><blockquote><b>数字销售仍然是关键</b></blockquote></p><p> Lululemon has a robust digital channel where e-commerce sales totaled 44% of revenue in the most recent quarter. This is relevant as digital sales are direct-to-customer sales that eliminate another retailer in between and hence increases profit margins. In contrast, rival <b>Nike</b>(NYSE:NKE) often sells its products through retailers like <b>Nordstrom</b> and <b>Macy's</b>. Nike has to sell its products to the aforementioned chains at lower prices so they can make a profit, too, and that eats into Nike's margins.</p><p><blockquote>Lululemon拥有强大的数字渠道,最近一个季度的电子商务销售额占收入的44%。这是相关的,因为数字销售是直接面向客户的销售,消除了中间的另一家零售商,从而提高了利润率。相比之下,对手<b>耐克</b>(纽约证券交易所代码:NKE)经常通过零售商销售其产品,例如<b>诺德斯特龙</b>和<b>梅西百货</b>耐克不得不以更低的价格将其产品出售给上述连锁店,这样他们也才能盈利,这侵蚀了耐克的利润。</blockquote></p><p> Indeed, Lululemon averaged an operating profit margin of 21.2% over the last decade, while Nike averaged 13.2%. And during the same time, Lululemon is growing revenue at more than double the rate Nike has. The higher profit margin can partly be attributed to its robust digital channel, while the higher growth is partly due to starting from a smaller revenue base.</p><p><blockquote>事实上,Lululemon过去十年的平均营业利润率为21.2%,而耐克的平均营业利润率为13.2%。与此同时,Lululemon的收入增长速度是耐克的两倍多。较高的利润率部分归因于其强大的数字渠道,而较高的增长部分归因于较小的收入基础。</blockquote></p><p> <b>What this could mean for investors</b></p><p><blockquote><b>这对投资者意味着什么</b></blockquote></p><p> Analysts on Wall Street expect Lululemon to report revenue of $1.33 billion and earnings per share of $1.18 in the second quarter. If the company reports the estimated EPS growth, it would be a 59% increase from the year prior.</p><p><blockquote>华尔街分析师预计Lululemon第二季度营收为13.3亿美元,每股收益为1.18美元。如果该公司报告预计每股收益增长,将比上年增长59%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be233d02a651cbd2f9d1a7a769c3cd9d\" tg-width=\"2000\" tg-height=\"1247\" width=\"100%\" height=\"auto\"><span>DATA SOURCE: YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCHARTS。</span></p></blockquote></p><p> With the worst of the pandemic behind it, Lululemon looks to be in a great position. It's trading at a forward P/E of 58, compared to 38 for Nike (see chart). However, the premium could be justified considering Lululemon operates at much better profit margins and grows revenue faster than Nike. Long-term investors can feel good about adding the stock to their portfolio.</p><p><blockquote>随着疫情最糟糕的时期过去,Lululemon看起来处于有利地位。该公司的预期市盈率为58,而耐克的预期市盈率为38(见图表)。然而,考虑到Lululemon的利润率高得多,收入增长也快于耐克,溢价可能是合理的。长期投资者可以对将股票添加到他们的投资组合中感到满意。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lululemon Reports Q2 Earnings Today: Will It Maintain Success While Battling Supply Chain Costs?<blockquote>Lululemon今天公布第二季度收益:它会在对抗供应链成本的同时保持成功吗?</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLululemon Reports Q2 Earnings Today: Will It Maintain Success While Battling Supply Chain Costs?<blockquote>Lululemon今天公布第二季度收益:它会在对抗供应链成本的同时保持成功吗?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-09-08 10:50</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul> <li>Analysts on Wall Street expect the company to report revenue of $1.33 billion and earnings per share of $1.18.</li> <li>Lululemon is trading at a premium to Nike.</li> <li>The premium can be justified considering Lululemon's faster growth and better profit margins.</li> </ul> <b>Lululemon Athletica</b>'s(NASDAQ:LULU) first quarter sales bounced back from last year's pandemic-induced drop. That said, the recovery hasn't been smooth. The athletic apparel maker is facing a new set of challenges regarding its supply chain and material shortages, and investors will be eager to understand its impact when the company reports earnings tomorrow.</p><p><blockquote><ul><li>华尔街分析师预计该公司营收为13.3亿美元,每股收益为1.18美元。</li><li>Lululemon的交易价格高于耐克。</li><li>考虑到Lululemon更快的增长和更好的利润率,溢价是合理的。</li></ul><b>露露柠檬运动</b>(纳斯达克:LULU)第一季度销售额从去年大流行引发的下降中反弹。也就是说,复苏并不顺利。这家运动服装制造商正面临供应链和材料短缺方面的一系列新挑战,当该公司明天公布收益时,投资者将渴望了解其影响。</blockquote></p><p> With economies reopening and more people visiting stores in person, customer-interest is obviously expanding compared to last year. Furthermore, the warmer weather means people are indulging in outdoor fitness activities more frequently, which means the company's second quarter sales should be driven by a seasonal tailwind as well. The difficulty, however, is in meeting that customer demand in a cost-effective manner.</p><p><blockquote>随着经济重新开放,越来越多的人亲自去商店,与去年相比,顾客的兴趣明显扩大。此外,天气变暖意味着人们更频繁地进行户外健身活动,这意味着该公司第二季度的销售也应该受到季节性顺风的推动。然而,困难在于以具有成本效益的方式满足客户需求。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4406869841d32301a70cb71639d0de8d\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>LULULEMON IS TRADING AT A FORWARD PRICE-TO-EARNINGS RATIO OF 58. IMAGE SOURCE: GETTY IMAGES</span></p><p><blockquote><p class=\"t-img-caption\"><span>LULULEMON的预期市盈率为58。图片来源:盖蒂图片社</span></p></blockquote></p><p> <b>Robust sales, but keep an eye on costs</b></p><p><blockquote><b>销售强劲,但要关注成本</b></blockquote></p><p> Investors will be paying close attention to management's remarks on the company's supply chain. Several companies are reporting issues with material shortages and rising costs to ship products. Inventory levels for the second quarter should hold clues whether this is an issue at Lululemon. At the end of the last quarter, the company reported $733 million in inventory on hand, a 17% increase from year-ago levels -- something that should ease immediate concerns.</p><p><blockquote>投资者将密切关注管理层对公司供应链的言论。几家公司报告了材料短缺和产品运输成本上升的问题。第二季度的库存水平应该可以说明这是否是Lululemon的问题。截至上季度末,该公司报告手头库存为7.33亿美元,比去年同期增长17%,这应该会缓解眼前的担忧。</blockquote></p><p> The good news coming out of supply shortages across the industry is fewer companies are offering discounts and promotions, which means more products are getting sold at, or near, full price. It remains to be seen if higher merchandise margins will be enough to offset increasing costs for materials and freight.</p><p><blockquote>整个行业供应短缺带来的好消息是,提供折扣和促销的公司越来越少,这意味着更多的产品以全价或接近全价出售。更高的商品利润是否足以抵消不断上涨的材料和运费成本还有待观察。</blockquote></p><p> And since supply chain shortages are still being felt across industries, shareholders will want to observe the company's inventory level at the end of Q2. If the company makes robust sales but fails to replenish its inventory, it could hurt sales for the next quarter or two.</p><p><blockquote>由于各行业仍然感受到供应链短缺,股东希望在第二季度末观察公司的库存水平。如果该公司销售强劲,但未能补充库存,可能会损害未来一两个季度的销售。</blockquote></p><p> Revenue increased by 88% in its most recent quarter. Of course, this was compared to weaker figures from the same time last year when many of its stores were still closed. Still, looking back over two years, company-operated store revenue was 3% higher. Meanwhile, e-commerce revenue increased by 55% from last year.</p><p><blockquote>最近一个季度的收入增长了88%。当然,与去年同期的疲软数据相比,当时该公司的许多商店仍处于关闭状态。尽管如此,回顾两年多来,公司经营的商店收入仍增长了3%。与此同时,电子商务收入较去年增长55%。</blockquote></p><p> <b>Digital sales still hold key</b></p><p><blockquote><b>数字销售仍然是关键</b></blockquote></p><p> Lululemon has a robust digital channel where e-commerce sales totaled 44% of revenue in the most recent quarter. This is relevant as digital sales are direct-to-customer sales that eliminate another retailer in between and hence increases profit margins. In contrast, rival <b>Nike</b>(NYSE:NKE) often sells its products through retailers like <b>Nordstrom</b> and <b>Macy's</b>. Nike has to sell its products to the aforementioned chains at lower prices so they can make a profit, too, and that eats into Nike's margins.</p><p><blockquote>Lululemon拥有强大的数字渠道,最近一个季度的电子商务销售额占收入的44%。这是相关的,因为数字销售是直接面向客户的销售,消除了中间的另一家零售商,从而提高了利润率。相比之下,对手<b>耐克</b>(纽约证券交易所代码:NKE)经常通过零售商销售其产品,例如<b>诺德斯特龙</b>和<b>梅西百货</b>耐克不得不以更低的价格将其产品出售给上述连锁店,这样他们也才能盈利,这侵蚀了耐克的利润。</blockquote></p><p> Indeed, Lululemon averaged an operating profit margin of 21.2% over the last decade, while Nike averaged 13.2%. And during the same time, Lululemon is growing revenue at more than double the rate Nike has. The higher profit margin can partly be attributed to its robust digital channel, while the higher growth is partly due to starting from a smaller revenue base.</p><p><blockquote>事实上,Lululemon过去十年的平均营业利润率为21.2%,而耐克的平均营业利润率为13.2%。与此同时,Lululemon的收入增长速度是耐克的两倍多。较高的利润率部分归因于其强大的数字渠道,而较高的增长部分归因于较小的收入基础。</blockquote></p><p> <b>What this could mean for investors</b></p><p><blockquote><b>这对投资者意味着什么</b></blockquote></p><p> Analysts on Wall Street expect Lululemon to report revenue of $1.33 billion and earnings per share of $1.18 in the second quarter. If the company reports the estimated EPS growth, it would be a 59% increase from the year prior.</p><p><blockquote>华尔街分析师预计Lululemon第二季度营收为13.3亿美元,每股收益为1.18美元。如果该公司报告预计每股收益增长,将比上年增长59%。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be233d02a651cbd2f9d1a7a769c3cd9d\" tg-width=\"2000\" tg-height=\"1247\" width=\"100%\" height=\"auto\"><span>DATA SOURCE: YCHARTS.</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来源:YCHARTS。</span></p></blockquote></p><p> With the worst of the pandemic behind it, Lululemon looks to be in a great position. It's trading at a forward P/E of 58, compared to 38 for Nike (see chart). However, the premium could be justified considering Lululemon operates at much better profit margins and grows revenue faster than Nike. Long-term investors can feel good about adding the stock to their portfolio.</p><p><blockquote>随着疫情最糟糕的时期过去,Lululemon看起来处于有利地位。该公司的预期市盈率为58,而耐克的预期市盈率为38(见图表)。然而,考虑到Lululemon的利润率高得多,收入增长也快于耐克,溢价可能是合理的。长期投资者可以对将股票添加到他们的投资组合中感到满意。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.fool.com/investing/2021/09/07/lululemon-reports-q2-earnings-tomorrow-will-it-mai/\">Motley Fool</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"source_url":"https://www.fool.com/investing/2021/09/07/lululemon-reports-q2-earnings-tomorrow-will-it-mai/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127826479","content_text":"Key Points\n\nAnalysts on Wall Street expect the company to report revenue of $1.33 billion and earnings per share of $1.18.\nLululemon is trading at a premium to Nike.\nThe premium can be justified considering Lululemon's faster growth and better profit margins.\n\nLululemon Athletica's(NASDAQ:LULU) first quarter sales bounced back from last year's pandemic-induced drop. That said, the recovery hasn't been smooth. The athletic apparel maker is facing a new set of challenges regarding its supply chain and material shortages, and investors will be eager to understand its impact when the company reports earnings tomorrow.\nWith economies reopening and more people visiting stores in person, customer-interest is obviously expanding compared to last year. Furthermore, the warmer weather means people are indulging in outdoor fitness activities more frequently, which means the company's second quarter sales should be driven by a seasonal tailwind as well. The difficulty, however, is in meeting that customer demand in a cost-effective manner.\nLULULEMON IS TRADING AT A FORWARD PRICE-TO-EARNINGS RATIO OF 58. IMAGE SOURCE: GETTY IMAGES\nRobust sales, but keep an eye on costs\nInvestors will be paying close attention to management's remarks on the company's supply chain. Several companies are reporting issues with material shortages and rising costs to ship products. Inventory levels for the second quarter should hold clues whether this is an issue at Lululemon. At the end of the last quarter, the company reported $733 million in inventory on hand, a 17% increase from year-ago levels -- something that should ease immediate concerns.\nThe good news coming out of supply shortages across the industry is fewer companies are offering discounts and promotions, which means more products are getting sold at, or near, full price. It remains to be seen if higher merchandise margins will be enough to offset increasing costs for materials and freight.\nAnd since supply chain shortages are still being felt across industries, shareholders will want to observe the company's inventory level at the end of Q2. If the company makes robust sales but fails to replenish its inventory, it could hurt sales for the next quarter or two.\nRevenue increased by 88% in its most recent quarter. Of course, this was compared to weaker figures from the same time last year when many of its stores were still closed. Still, looking back over two years, company-operated store revenue was 3% higher. Meanwhile, e-commerce revenue increased by 55% from last year.\nDigital sales still hold key\nLululemon has a robust digital channel where e-commerce sales totaled 44% of revenue in the most recent quarter. This is relevant as digital sales are direct-to-customer sales that eliminate another retailer in between and hence increases profit margins. In contrast, rival Nike(NYSE:NKE) often sells its products through retailers like Nordstrom and Macy's. Nike has to sell its products to the aforementioned chains at lower prices so they can make a profit, too, and that eats into Nike's margins.\nIndeed, Lululemon averaged an operating profit margin of 21.2% over the last decade, while Nike averaged 13.2%. And during the same time, Lululemon is growing revenue at more than double the rate Nike has. The higher profit margin can partly be attributed to its robust digital channel, while the higher growth is partly due to starting from a smaller revenue base.\nWhat this could mean for investors\nAnalysts on Wall Street expect Lululemon to report revenue of $1.33 billion and earnings per share of $1.18 in the second quarter. If the company reports the estimated EPS growth, it would be a 59% increase from the year prior.\nDATA SOURCE: YCHARTS.\nWith the worst of the pandemic behind it, Lululemon looks to be in a great position. It's trading at a forward P/E of 58, compared to 38 for Nike (see chart). However, the premium could be justified considering Lululemon operates at much better profit margins and grows revenue faster than Nike. Long-term investors can feel good about adding the stock to their portfolio.","news_type":1,"symbols_score_info":{"LULU":0.9}},"isVote":1,"tweetType":1,"viewCount":2354,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/889918007"}
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