Athletic apparel company Lululemon Athletica (LULU -1.08%) is now entering its third year of a five-year plan to create shareholder value. The company finished fiscal 2021 (ended Jan. 2022) with $6.3 billion in revenue. Management then set a goal to double the top line to $12.5 billion by fiscal 2026.Not only is Lululemon on pace to succeed, but it's also looking to grow its earnings per share (EPS) at a faster pace than revenue. In other words, it expects EPS to more than double during this five-year perio ...

Premium athleisure is a big business. Not only are people everywhere becoming more knowledgeable about the health benefits of getting a good workout, but the work-from-home trend means that people are dressing down more often.While Nike is the biggest athletic-wear company by a large margin, there's plenty of room for competitors. Premium activewear is growing at a fast clip, led by Lululemon Athletica (LULU -1.08%), but On Holding (ONON 1.68%) is capturing market share and positioning itself as the "most" ...

lululemon athletica inc. (LULU) is likely to witness top and bottom-line growth when it reports fourth-quarter fiscal 2023 results on Mar 21, after market close.The Zacks Consensus Estimate for fiscal fourth-quarter sales is pegged at $3.2 billion, indicating a 15% increase from the year-ago quarter's reported figure. The consensus estimate for the company's fiscal fourth-quarter earnings is pegged at $5.01 per share, suggesting a 13.9% rise from in the year-ago quarter. Earnings estimates have been unchang ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Lululemon (LULU) reports results for the quarter ended January 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on March 21, 2024, might help the stock move higher if these key numbers are better than expec ...

Investors are always looking for stocks that are poised to beat at earnings season and lululemon athletica inc. (LULU) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because lululemon athletica is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — i ...

The athleisure segment has had mixed fortunes. While highfliers such as Lululemon (NASDAQ:LULU) continue to post amazing growth, other players have stumbled. Today, there are several undervalued athleisure stocks to consider.Broadly, the athleisure segment has been a growing category for several reasons. First, the work-from-home trend catalyzed by the Covid-19 pandemic has been a boost. It has reduced the demand for official wear. After all, with business meetings happening via video calls in our homes, lo ...

The latest trading session saw Lululemon (LULU) ending at $457.76, denoting a -0.57% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.11%. Meanwhile, the Dow experienced a rise of 0.12%, and the technology-dominated Nasdaq saw a decrease of 0.41%.The the stock of athletic apparel maker has fallen by 2.09% in the past month, lagging the Consumer Discretionary sector's gain of 0.38% and the S&P 500's gain of 2.7%.Market participants will be closely following ...

Anyone who even remotely observes the economy or the stock market has likely heard of the so-called "Magnificent Seven." These industry-leading tech enterprises dominate their end markets, and they have historically made for tremendous investments.But given their massive market caps, investors might be turned off from wanting to buy them, assuming that they don't possess a lot of upside from this point forward. Luckily, there are other, more under-the-radar, businesses that should be on your watch list.Can ...

Lululemon Athletica (LULU 0.68%) has likely helped mint a few millionaires since its public debut in 2007. A $20,000 investment in the Canadian yoga and athleisure apparel maker's initial public offering back then would be worth about $1.02 million today. The company has carved out a sizeable niche in the market with its high-end products, fostered brand loyalty with free yoga classes and other events, and expanded its direct-to-consumer business to curb its dependence on wholesale retailers.From fiscal 200 ...

Its growth potential is so clear that Lululemon Athletica (LULU 0.68%) stock rarely goes on sale. Most of Wall Street is aware of the athleisure specialist's competitive advantages, including its steady flow of innovative product releases and its expanding base of highly loyal customers.Yet the stock has declined 10% since the start of 2024 potentially on worries about what the chain might have to say in its late March earnings report. Investors should do their best to ignore those short-term concerns and f ...