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Will Lululemon (LULU) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-11-05 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Lululemon (LULU) , which belongs to the Zacks Textile - Apparel industry, could be a great candidate to consider. When looking at the last two reports, this athletic apparel maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.30%, on average, in the last two quarters. For the last reported quarter, ...
Lululemon's China Comeback, Analyst Sees 60% Q3 Growth
Benzinga· 2024-11-04 18:16
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating at Lululemon Athletica Inc. LULU with a price target of $355. The analyst says that the data shows that LULU's sales in China have picked up momentum in the third quarter to date, following a slowdown in the second quarter. Notably, Meritco's data shows that Lululemon's China sales increased by 48% in August and 67% in September, with a 98.4% correlation to reported sales. This marks a significant rebound from the second quarter. Although m ...
Lululemon: Still A Great Rebound Play, But A Riskier One (Rating Downgrade)
Seeking Alpha· 2024-10-29 17:13
To win in today's volatile market, careful stock-picking is key. The S&P 500 continues to straddle all-time highs, but the mood is cautious: investing in individual value plays that have lower correlation to the broader market, in my view, will yield much more upside in a With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industr ...
Lululemon Athletica: A Premium Brand Trading At A Discount
Seeking Alpha· 2024-10-18 09:32
I've always enjoyed working out and until recently, I didn't pay too much attention to the clothes I wore, to me, it was all about getting the exercise done. However, a few months ago, I got a pair of sweatpants from a company I had notI have been involved in investing for the last 10 years, having studied a finance undergraduate, followed by a Master's in international finance, and finally getting the CFA designation. My current job focuses on advising Ultra High Net Worth individuals on how to construct t ...
Lululemon Has Started A Recovery (Technical Analysis)
Seeking Alpha· 2024-10-17 02:42
Michael James McDonald is a stock market forecaster, author and former Senior Vice President of Investments at what is now Morgan Stanley. He is a long-term advocate of the theory of contrary opinion and the measurement of investor sentiment when forecasting price direction.His first book, " A Strategic Guide to the Coming Roller Coaster Market" was published in June of 2000, three months before the top of the dot comm market. On its cover was written, "How a new model of the stock market predicts the end o ...
Lululemon 'Fresh And Unique,' Shows Promise Thanks To China Opportunity, Growth Push Say Analysts
Benzinga· 2024-10-14 16:04
Analysts see China as one of the biggest opportunities for apparel company Lululemon Athletica Inc LULU. With international sales hitting 50% of total revenue in the coming years, a stimulus in China could offer a potential catalyst to offset macroeconomic concerns. The Lululemon Athletica Analysts: KeyBanc Capital Markets analyst Ashley Owens maintained an Overweight rating with a $350 price target. JPMorgan analyst Matthew Boss maintained an Overweight rating with a $338 price target. Oppenheimer analyst ...
Lululemon (LULU) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-10-11 22:51
Lululemon (LULU) closed at $278.25 in the latest trading session, marking a +1.71% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.61% for the day. Elsewhere, the Dow gained 0.97%, while the tech-heavy Nasdaq added 0.33%. Prior to today's trading, shares of the athletic apparel maker had gained 5.17% over the past month. This has outpaced the Consumer Discretionary sector's gain of 2.91% and lagged the S&P 500's gain of 5.36% in that time. The investment community will ...
Should You Buy or Hold lululemon After a 10% Recovery in a Month?
ZACKS· 2024-10-08 16:03
lululemon athletica inc. (LULU) stock has shown a marked recovery in the past month, with shares rising as much as 9.6%. With this increase, the company’s shares have outpaced the broader Consumer Discretionary sector and the S&P 500’s rallies of 6.7% and 5.4%, respectively. However, the LULU stock is still slightly short of the industry’s growth of 9.9% in the same period.This Vancouver-based luxury athletic apparel retailer’s shares have shown recovery trends after recording a significant downside since t ...
LULU Deadline: LULU Investors Have Opportunity to Lead lululemon athletica inc. Securities Fraud Lawsuit
Prnewswire· 2024-10-07 20:00
NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of lululemon athletica inc. (NASDAQ: LULU) between December 7, 2023 and July 24, 2024, both dates inclusive (the "Class Period"), of the important October 7, 2024 lead plaintiff deadline.So what: If you purchased lululemon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What t ...
Lululemon Athletica Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before October 7, 2024 to Discuss Your Rights - LULU
Prnewswire· 2024-10-07 09:45
NEW YORK, Oct. 7, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lululemon Athletica Inc. (NASDAQ: LULU).Shareholders who purchased shares of LULU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/lululemon-athletica-inc-loss-submission-form/?id=106648&from=4CLASS PERIOD: Decem ...