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NIKE vs. lululemon: Which Stock Wins the Activewear Showdown?
ZACKS· 2025-07-08 16:01
Key Takeaways NIKE's Win Now strategy targets growth via sport-led innovation and streamlined product focus. FY25 revenues for NIKE fell 10%, with headwinds from China, digital shifts and elevated inventories. LULU Q1 revenues grew 7% y/y and gross margin rose 60 bps, driven by global expansion and product traction.The dynamic world of athletic apparel is marked by two titans vying for dominance: NIKE Inc. (NKE) , the undisputed global sportswear giant, and lululemon athletica inc. (LULU) , the sleek disr ...
纺织服装海外跟踪系列六十:露露乐蒙一季度中国市场环比降速,全年维持收入指引下调利润指引
Guoxin Securities· 2025-06-07 07:11
证券研究报告 | 2025年06月07日 纺织服装海外跟踪系列六十 露露乐蒙一季度中国市场环比降速,全年维持收入指引下调利润指引 |  行业研究·行业快评 | | |  纺织服饰 |  投资评级:优于大市(维持) | | --- | --- | --- | --- | --- | | 证券分析师: | 丁诗洁 | 0755-81981391 | dingshijie@guosen.com.cn | 执证编码:S0980520040004 | | 证券分析师: | 刘佳琪 | 010-88005446 | liujiaqi@guosen.com.cn | 执证编码:S0980523070003 | 事项: 公司公告:2025年6月6日,Lululemon披露截至2025年5月4日的2025财年一季度业绩,营收同比增长7%(不变 汇率+8%)至23.71亿美元,毛利率提升60bps至58.3%;经营利润增长1%至4.39亿美元,稀释EPS为2.60美元。 国信纺服观点: 1)核心观点:一季度收入符合指引,利润好于指引,中国市场持续引领增长但环比降速,全年维持收入 指引,受关税影响下调利润指引; 2)FY20 ...
Lululemon fans furious as tariffs threaten to drive prices even higher amid stock plunge
New York Post· 2025-06-06 21:57
Core Viewpoint - Lululemon is facing challenges due to economic factors, including tariffs imposed by President Trump and reduced consumer spending, leading to a decline in sales growth and customer dissatisfaction [1][7][12]. Company Performance - The company reported only a 1% year-over-year increase in sales, falling short of the 3% forecast, indicating a struggle to maintain growth amidst economic pressures [4]. - Lower store traffic in the Americas has been attributed to economic uncertainty, inflation, and changes in discretionary spending, affecting even loyal customers [2][7]. Pricing Strategy - Lululemon plans to implement modest price increases on a small portion of its product assortment in response to rising costs due to tariffs [5][11]. - The company is negotiating with vendors to mitigate the impact of tariffs on its pricing strategy [9][11]. Supply Chain and Tariffs - A significant portion of Lululemon's products is sourced from Vietnam (40%) and China (28%), both of which have been affected by tariffs, leading to increased costs for the company [8][14]. - The company attributes its challenges to these tariffs, particularly on goods manufactured in the affected countries [8][12]. Customer Sentiment - There is notable backlash from customers regarding the pricing and manufacturing decisions, with many expressing dissatisfaction on social media [9][11]. - Critics argue that the brand's reliance on foreign manufacturing and high prices is detrimental to its reputation and sales [12][13].
Lululemon shares plummet as tariff costs, rivals threaten profit outlook
New York Post· 2025-06-05 22:50
Core Viewpoint - Lululemon has cut its profit forecast for the year due to higher costs from US tariffs and weak demand for its new products, leading to a significant drop in its stock price [1][6]. Group 1: Financial Performance - The company now expects annual profit between $14.58 and $14.78 per share, down from previous expectations of $14.95 to $15.15 [6]. - Lululemon's revenue forecast for the second quarter is between $2.54 billion and $2.56 billion, which aligns with market expectations [8]. Group 2: Market Challenges - The company is facing lower store traffic in the Americas, attributed to economic uncertainty, inflation, lower consumer confidence, and changes in discretionary spending [1][3]. - Competitors like Alo Yoga and Vuori are gaining traction, making it difficult for Lululemon to boost sales despite new product offerings [3][8]. Group 3: Strategic Responses - Lululemon plans to implement modest price increases on a small portion of its product assortment and will negotiate with vendors to cut costs [4]. - In 2024, 40% of Lululemon's products were manufactured in Vietnam, and 28% of its fabrics were sourced from mainland China, indicating a diversification strategy in sourcing [4].
为什么我要积极买入下跌中的Lululemon?
美股研究社· 2025-04-28 10:03
作者丨 Amrita Roy 编译 | 华尔街大事件 尽管 lululemon( NADAQ: LULU )基本面强劲且增长目标可实现,但 鉴于关税风险加大和收益率上升,上涨潜力有限,这可能会影响该公 司的增长计划。该公司于3月底公布了 2024财年第四季度财报 ,其营收和盈利均超出预期,这得益于其美国市场的增长趋于稳定,同时其国际 市场的增长势头也持续保持,尤其是在产品创新方面,该公司通过品牌宣传活动、专属会员活动以及新店开设等方式,加倍提升客户体验。 然而,投资者选择忽略其强劲的第四季度业绩,而将目光投向2025财年。根据管理层的指引,由于外汇和关税相关的不利因素,预计2025财年 的收入和盈利增长将放缓,而不断增长的库存引发了人们对未来利润压力加剧的担忧。 因此,最糟糕的情况可能已经反映在价格中 lululemon 的股价 在过去一个月中经历了对其收入和盈利预期的一系列 负面修正。 此外,管理层将能够推动其 Power of Three x2 的三大支柱的增长,即国际扩张、产品创新和客户体验,从而提高其运营地区的每用户平均收入 并提高盈利能力。因此,FENXS 将把该股评级上调至当前水平的"买入",目标 ...
Lululemon(纪要): 2025 年全年预期增长 5%-7%
海豚投研· 2025-04-02 15:56
以下是 Lululemon FY24 四季度的财报电话会纪要,财报解读请移步《 Lululemon:"小黑裤 "不灵了,瑜伽界爱马仕被双杀吗? 》 一、财报核心信息回顾 | | | | | | | Lululemon 4Q24Financial Performance | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | (in US$100 million) | | | | | | | | | | | | | | Calendar Year | | 4Q22A | 1Q23A | 2Q23A | 3Q23A | 4Q23A | 1Q24A | 2Q24A | 3Q24A | 4Q24A insensus | | A vs Cons | | Overview | Total Revenue | 27.7 | 20.0 | 22.1 | 22.0 | 32.1 | 22.1 | 23.7 | 24.0 | 36.1 | 35.9 | 0.6% beat | | | yoy | ...
lululemon(LULU) - 2025 Q4 - Earnings Call Transcript
2025-03-27 20:30
Lululemon (LULU) Q4 2025 Earnings Call March 27, 2025 04:30 PM ET Company Participants Howard Tubin - Vice President of Investor RelationsCalvin McDonald - CEOMeghan Frank - Chief Financial OfficerAlexandra Straton - Equity Research Managing DirectorBrooke Roach - Vice President - Equity ResearchDana Telsey - CEO and Chief Research OfficerLorraine Hutchinson - Managing DirectorMichael Binetti - Senior Managing DirectorJohn Kernan - Managing DirectorPaul Lejuez - Managing DirectorJay Sole - Managing Director ...