NEW YORK, NEW YORK - JUNE 05: People walk past a Lululemon department store on June 05, 2024 in New ... [+] York City. Lululemon will be reporting its first quarter results after the closing bell of the New York Stock Exchange amid slowing sales growth and stock loss. (Photo by Michael M. Santiago/Getty Images)Getty ImagesAfter a 38% decline so far this year, at the current price of around $323 per share, we believe Lululemon (NASDAQ: LULU), a company designing and selling athletic and casual apparel - coul ...

Lululemon's remarkable track record offers reasons to believe better days are ahead for the company.Share prices of athleisure clothing company Lululemon Athletica (LULU 0.13%) are down by roughly 40% from their December 2023 peak. Given its strong performance as a company, especially since 2020, is this stock ready for the bargain bin?When the COVID-19 pandemic hit, Lululemon benefited from increased consumer spending on a range of goods. That increased spending was driven by the combination of stimulus ch ...

2024 年 06 月 08 日 公司研究 评级：买入 (维持 ) 研究所： [Table_Title] 中国大陆引领增长， 指引不及预期 Q2 证券分析师： 马川琪 S0350523050001 macq@ghzq.com.cn 联系人 ： 廖小慧 S0350122080035 ——露露乐蒙（ ） 点评报告 LULU FY2024Q1 liaoxh@ghzq.com.cn , 最近一年走势 事件 : Lululemon（LULU.US）于2024年6月5日发布FY2024Q1（截至2024 年4月28日）业绩：FY2024Q1营收22.1亿美元，同比+10.4%；净利 润3.21亿美元，同比+10.7%；净利率14.6%，较上财年同期+0.04pct； 毛利率 57.7%，较上财年同期+0.2pct；营业利润率19.6%，较上财年同 期-0.5pct；摊薄EPS 2.54美元，上财年同期为2.28美元。 投资要点 : 相对标普500表现 表现 1M 3M 12M  第一季度业绩超预期，中国大陆引领增长。公司FY2024第一季度 LULU -8.03 -30.96 -10.19 收入22.1亿美元，超出一致 ...

Core Viewpoint - Lululemon Athletica has reported strong fiscal first-quarter results, but its stock has faced challenges, declining over 30% year to date, raising questions about whether it is a good time to invest in the company [1]. Financial Performance - Lululemon's revenue for the fiscal first quarter increased by 10% to $2.2 billion, with constant currency growth of 11% [2]. - Women's sales rose by 10%, men's sales increased by 15%, and accessory sales grew by 2% [2]. - Revenue in the Americas grew by 3% (4% in constant currencies), while international sales surged by 35% (40% in constant currencies) [2]. - Same-store sales increased by 7%, with international same-store sales up by 29% and a 33% increase in China [2]. - The company reported a gross margin of 57.7%, up 20 basis points, and product margins increased by 120 basis points [3]. Inventory and Store Expansion - Inventory levels decreased from $1.58 billion a year ago to $1.35 billion, indicating effective inventory management [3]. - Lululemon ended the quarter with 711 stores, an increase from 662 stores at the end of Q1 last year [3]. Future Outlook - The company forecasts fiscal second-quarter revenue between $2.40 billion to $2.42 billion, representing growth of 9% to 10% [4]. - For the full year, Lululemon expects revenue between $10.7 billion to $10.8 billion, equating to growth of 11% to 12% [4]. - The adjusted EPS for the full year is projected to be in the range of $14.27 to $14.47, an increase from previous forecasts [4]. - Lululemon plans to open 35 to 40 new stores this year, focusing on the U.S. and China [4]. Product Innovation - The company aims to drive growth in the second half of the year through new product introductions, including a new performance fabric for leggings and a versatile swimsuit line [5]. - In men's apparel, Lululemon is introducing Show Zero technology to reduce the appearance of sweat on shirts [5]. Market Sentiment - Despite strong performance, Lululemon's stock has struggled due to concerns about brand power and changing consumer behavior in the U.S. [6]. - Analysts have expressed bearish views, citing a slowdown in the athleisure category and increased competition [6]. - However, Lululemon's strong brand recognition and successful international expansion, particularly in China, suggest potential resilience against competition [7]. Valuation - Lululemon shares are currently trading at a forward price-to-earnings (P/E) ratio of around 23, below its historical valuation of 30 or more [8].

Apparel giants like Lululemon (LULU)  and Nike (NKE)  are not immune to concerns about a slowdown in consumer spending with both stocks down roughly -8% over the last year. However, Lululemon continued to reaffirm its attractive growth prospects are still intact after beating Q1 top and bottom-line expectations on Wednesday with Nike set to report its quarterly results later in the month.Seeing that LULU has dropped -37% year to date, investors may be wondering if it’s time to buy stock in the popular yoga- ...

LULU stock is down 40% this year but there's more to the story.In this video, I will cover Lululemon's (LULU 4.79%) recent earnings report and explain why this was once again a good lesson for investors.*Stock prices used were from the trading day of June 5, 2024. The video was published on June 5, 2024. ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

lululemon athletica inc. (LULU) reported first-quarter fiscal 2024 results, wherein revenues and earnings surpassed the Zacks Consensus Estimate and improved year over year. The results were driven by strong momentum in the international business as its products resonate well with customers. Innovative product offerings and progress on optimizing the U.S. product assortments also aided the results.The company has been on track with the Power of Three X2 growth plan. LULU outlined the guidance for the fiscal ...

After trading down to a tragic 60% of their 52-week high levels, shares of Lululemon Athletica Inc. NASDAQ: LULU just gave fundamental investors another reason to add this stock to their potential buy watchlists. In the after-market hours of June 6, the stock rallied by as much as 50 points, or 13.6%, from its previous closing price.While some investors thought inflation would deteriorate settings in the consumer discretionary sector, Lululemon’s market penetration is no match for today’s economic environme ...

Key TakeawaysLululemon shares jumped in premarket trading Thursday after the activewear retailer posted better-than-expected quarterly results, raised its full-year profit guidance amid an improved second-half inventory outlook, and boosted its stock buyback program.CEO Calvin McDonald said stocking issues had persisted into the first quarter across the Americas business, but noted that he expects the retailer’s inventory position to improve throughout the back half of the year.Monitor if the Lululemon shar ...