AzmanJaka Introduction The last time I wrote about Lululemon Athletica (NASDAQ:LULU), back in January 2024, I focused on the company’s third-quarter performance and highlighted how the company’s unique strategies, such as its membership program and partnerships, are boosting sales and building a loyal fanbase. I had a BUY rating on the company. Since my article…
Robert Way Thesis Lululemon Athletica Inc., (NASDAQ:LULU) commonly known as Lululemon, is a Canadian-American multinational athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. The stock has performed exceptionally well, gaining more than 50% in value in 2023. While it trades at a rich valuation of close to 60 times earnings,…
Justin Sullivan/Getty Images News My thesis and article update Two months ago, I conducted an in-depth analysis of Lululemon’s (NASDAQ:LULU) growth, business, and valuation. Since then, the stock has surged by 18%, attributed to the November-December market rally. Upon reflection, I believe my initial valuation may have been overly optimistic. In the forthcoming article, I…
Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year. Canadian multinational athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) released its Q2 2023 financial results and the full-year outlook on Thursday. According to the announcement, the company’s operations continued to strengthen during the second…
Lululemon Athletica Inc. (NASDAQ:LULU) Q2 2023 Results Conference Call August 31, 2023 4:30 PM ET Company Participants Howard Tubin – VP, IR Calvin McDonald – CEO Meghan Frank – CFO Conference Call Participants Matthew Boss – JP Morgan Adrienne Yih – Barclays Lorraine Hutchinson – Bank of America Paul Lejuez – Citi John Kernan –…
jentakespictures With Lululemon (NASDAQ:LULU) set to report its Q2 earnings at the end of the month, I wanted to preview its earnings. The stock is up over 25% since my initial bullish write-up in March, easily outpacing the over 12% gain in the S&P. I also raised my price target in July to $450, as…
LaylaBird/E+ via Getty Images Investment Thesis Lululemon Athletica Inc.’s (NASDAQ:LULU) brand continues to have a strong presence both domestically and internationally, presenting untapped opportunities. The company’s robust growth is supported by various factors, including untapped international markets, significant growth in the men’s segment, expansion into new product categories like personal care and footwear, and the…