露露乐蒙（LULU.O） 更新报告 中国大陆地区保持强力增长，北美女装业务趋势疲软但公司在 持续改善 北美营收继续减速，国际市场表现强劲：第二季度营收同比增 长 7%至 24 亿美元。北美业务营收增长 1%，国际业务营收增长 29%，其中中国业务营收增长 37%。每股摊薄收益为 3.15 美元。 盈利能力持续增强：毛利率增加 80 个基点至 59.6%，主要因产 品成本降低驱动了产品利润率的提高，但固定成本被增加以及 不利的外汇因素有略微抵消。SG&A 减少 20 个基点至 36.8%，主 要受运营渠道成本的驱动。营业利润同比增长 13%至 5.4 亿美 元，营业利润率增加 110 个基点至 22.8%。 男装业务市场份额持续攀升：女装收入同比增长 6%，男装为 11%，配饰为 7%。女装小号尺码问题现已解决，但缺乏新款，因 此影响了转化率，尤其是在北美市场。管理层表示下半年会致 力于推出更多新款，2025 年春季的新款会比今年下半年更多。 2024 财年及第三季度指引：2024 财年销售额和利润率的预期再 次被下调，财年收入预期从原本的 107 至 108 亿美元之间调整至 103.75 至 104.75 ...

Lululemon stock fell out of favor with investors in 2024, but the pieces are there for a potential turnaround for this apparel retailer.It's been a tough 2024 for investors in Lululemon Athletica (LULU -0.54%) as its share price is down nearly 50%. The biggest part of the slide began after a disappointing earnings report came out in early April. After its second-quarter report was released last week showing so-so results and a cut in its full-year guidance, investors had more reason to wonder. The latest fi ...

JHVEPhoto Introduction Lululemon (NASDAQ:LULU) (NEOE:LULU:CA) (TSX:LLL:CA) — the most popular yoga-inspired, premium, athleisure brand — reported mixed Q2 earnings results. By my expectations, it was a rather underwhelming report. For one, growth continued to slow down, which could be a symptom of weak consumer sentiment, market saturation, and increasing competition. I've recently written a deep dive article highlighting 10 reasons to buy Lululemon stock and since then, the stock has fallen by about 10 ...

Core Viewpoint - A securities class action lawsuit has been filed against lululemon athletica inc. for allegedly making false or misleading statements regarding its business performance and operations during the Class Period from December 7, 2023, to July 24, 2024 [1][2]. Group 1: Allegations Against lululemon - The lawsuit claims that lululemon faced significant issues with inventory allocation and color palette execution [2]. - The launch of the Breezethrough product was reported to have underperformed, contributing to stagnating sales in the Americas region [2]. - Positive statements made by the company regarding its business and prospects were deemed materially misleading and lacked a reasonable basis due to the aforementioned issues [2]. Group 2: Lead Plaintiff Process - Investors in lululemon have until October 7, 2024, to apply to be appointed as lead plaintiff representatives in the class action [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel for the case [3]. - Participation as a lead plaintiff does not affect the ability of investors to share in any potential recovery from the lawsuit [3]. Group 3: Legal Representation - Kessler Topaz Meltzer & Check, LLP is encouraging lululemon investors who have experienced significant losses to reach out for more information regarding the lawsuit [4]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].

Lululemon Athletica TodayLULULululemon Athletica$259.47 +0.46 (+0.18%) 52-Week Range$226.01▼$516.39P/E Ratio20.81Price Target$354.94Add to WatchlistLululemon Athletica Inc. NASDAQ: LULU had only a few bits of positive news when it presented results for the second quarter on August 29, and it's no surprise that shares of the athletic apparel company remain down more than 31% in the last year. Nonetheless, a close inspection of the firm's operations—taking into account ongoing challenges on both internal and ...

Core Insights - Lululemon Athletica reported mixed financial results for Q2, with revenue missing expectations but EPS beating forecasts [1][2] - Analysts have varied ratings and price targets, reflecting differing views on the company's growth potential and challenges [1][2] Analyst Ratings and Price Targets - Truist Securities maintains a Buy rating with a price target of $310, citing strong international momentum and a $1 billion repurchase authorization [2] - Goldman Sachs holds a Neutral rating, raising the price target to $291 from $286, noting weaknesses in the U.S. women's business but offsetting growth in men's apparel and Canada [2] - Piper Sandler also maintains a Neutral rating, increasing the price target to $260 from $250, while adjusting EPS estimates for 2024 and 2025 to $13.88 and $14.75, respectively [3] - BMO Capital Markets reiterates a Market Perform rating with a price target of $265, highlighting better-than-expected gross margins [3] - JP Morgan maintains an Overweight rating with a price target of $338, suggesting potential growth from international expansion and new product categories [4] - Stifel keeps a Buy rating with a price target of $370, emphasizing the need for a turnaround in the U.S. business [5] Financial Performance and Projections - Analysts have adjusted EPS estimates for 2024 and 2025, with Truist lowering projections to $14.05 and $15.40, while Piper Sandler increased estimates to $13.88 and $14.75 [2][3] - The company is expected to achieve mid-teens revenue growth and high-teens earnings growth through FY26, with modest improvements in operating margins [5] - Despite improvements in inventory and margins, Lululemon's gross margins remain below those of peers, and there are significant slowdowns in domestic and women's revenue [4][5] Market Sentiment and Stock Performance - LULU shares are currently trading lower by 0.72% to $257.14, reflecting market sentiment amid mixed analyst outlooks [5]

Core Insights - Lululemon athletica inc. (LULU) reported second-quarter fiscal 2024 earnings that exceeded expectations, with earnings per share (EPS) of $3.15, a 17.5% increase year over year, while sales fell short of estimates after eight consecutive quarters of surpassing them [1][4][9] - The company is continuing its Power of Three X2 growth plan but has lowered its revenue and EPS guidance for fiscal 2024 due to macroeconomic uncertainties [1][9][11] Financial Performance - LULU's quarterly revenues increased by 7.3% year over year to $2.371 billion, but missed the Zacks Consensus Estimate of $2.404 billion [4][9] - Gross profit rose 8.8% year over year to $1.4 billion, with a gross margin expansion of 80 basis points to 59.6% [5][6] - Operating income increased by 12.7% year over year to $540.2 million, with an operating margin of 22.8%, up 110 basis points [6][10] Sales Channels - Total comparable sales rose 2% year over year, with a 3% increase on a constant-dollar basis [4][5] - In the Americas, comparable sales declined by 3%, while international comparable sales increased by 19% [5][9] Store Expansion Plans - LULU opened 11 company-operated stores and closed one in the second quarter, with plans to open 14 more in the third quarter [7][9] - The company anticipates opening 35-40 company-operated stores for fiscal 2024, primarily in international markets [7][12] Guidance and Projections - For the third quarter of fiscal 2024, LULU expects net revenues of $2.34-$2.365 billion, indicating 6-7% year-over-year growth [9][10] - The company has revised its fiscal 2024 revenue guidance to $10.375-$10.475 billion, suggesting 8-9% year-over-year growth, down from earlier projections [11][12] Shareholder Returns - LULU repurchased 1.9 million shares for $583.7 million in the second quarter, with $1 billion remaining under its current share repurchase authorization [8][12]

Key TakeawaysLululemon on Thursday reported second-quarter financial results that included a 3% drop in U.S. comparable-store sales and 1% growth in U.S. revenue.Executives said the company didn't present shoppers with enough "newness," referring to seasonal updates to its lineup.CEO Calvin McDonald said the company is looking to refresh its lineup "as quickly as possible." Shoppers visited Lululemon's (LULU) stores and website in the second quarter. When they got there, though, they didn’t see enough new s ...

Core Viewpoint - Lululemon Athletica reported mixed second-quarter results, leading to a decrease in stock price and a lowered full-year outlook [1][3]. Financial Performance - For the quarter ended July 28, Lululemon's revenue rose 7.3% year-over-year to $2.37 billion, with international sales increasing by 29% [1]. - Earnings per share (EPS) increased by 17.5% from the previous year to $3.15 [1]. - Analysts had expected revenue of $2.41 billion and EPS of $2.93, indicating a shortfall in expectations [3]. Outlook Adjustments - Due to "uncertainties in the macro environment," Lululemon revised its full-year revenue forecast to between $10.375 billion and $10.475 billion, down from a previous estimate of $10.7 billion to $10.8 billion [3]. - The company now anticipates EPS in the range of $13.95 to $14.15, lowered from $14.27 to $14.47 [3]. Future Guidance - For the third quarter, Lululemon projects revenue between $2.34 billion and $2.365 billion, with EPS expected to be in the range of $2.68 to $2.73 [4]. Market Performance and Analyst Sentiment - Lululemon's stock has underperformed in 2024, down 50% year-to-date compared to the S&P 500's 18% gain [5]. - Despite this, analysts remain optimistic, with an average target price of $322.20, suggesting an upside of over 25% [5]. - Stifel has a bullish outlook with a Buy rating and a price target of $370, citing Lululemon's unique positioning for growth and underappreciated international contributions [5].

Lululemon stock is down 50% this year.In this video, I will cover Lululemon's (LULU -0.50%) recent earnings report and comments from management. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Aug. 29, 2024. The video was published on Aug. 30, 2024. ...