Profile
Sector:
Consumer CyclicalIndustry:
Apparel RetailCountry:
CanadaIPO:
27 July 2007Website:
http://corporate.lululemon.comNext earnings report:
06 December 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 5 min agoDividend
Analysts recommendations
Institutional Ownership
LULU Latest News
Lululemon's stock has started to recover after disappointing earnings in the second quarter. Sales in the Americas fell, mainly due to a slowdown in the women's segment, and growth in China also decreased. The company believes the main reason for this decline is the fewer new product launches and seasonal updates compared to previous years.
Lulu Retail Holdings, which operates one of the largest hypermarket chains in the Middle East, aims to raise up to 5.27 billion dirhams ($1.43 billion) in what is expected to be the largest initial public offering in the UAE this year.
Lululemon (LULU) stock has slowly increased in the last few weeks as some investors take advantage of lower prices. After reaching a low of $225 on August 5, the stock has risen by more than 30% to $304.
Joe Kudla, the founder and CEO of Vuori, appears on 'Fast Money' to discuss the brand's increasing influence in the athleisure market, the competition they face, consumer trends, and other related topics.
Lululemon (LULU) has recently caught the attention of many users on Zacks.com. Therefore, it's important to look into what the future holds for this stock.
Saifee Rupawala, the CEO of Lulu supermarket in the UAE, talks to Dan Murphy from CNBC about the company, which is set to begin trading on the Abu Dhabi Securities Exchange.
Lulu Group International, a major hypermarket chain in the Middle East based in the United Arab Emirates, intends to offer a 25% share in its initial public offering in Abu Dhabi, according to a report by Khaleej Times that references a prospectus.
Lululemon Athletica Inc. has experienced a notable decrease in its stock price, which could make it a good investment option after falling 47% from its peak. The company has excellent profit margins compared to its rivals, thanks to its marketing approach and direct sales to customers. To support its current share price, the company only needs to achieve modest growth in the single digits.
Lululemon could see a possible 20% increase due to its strong long-term performance and low investor confidence, which often leads to big gains. The stock has been trading within a certain range for four years, and a recent low in July might indicate a turnaround, with a target price of $350. Current investor feelings are quite pessimistic, which usually suggests that a significant price rise is on the way, as shown by several positive indicators this year.
Lululemon Athletica is currently undervalued and likely to recover because of its solid fundamentals and the approaching holiday sales, making it a good time to buy. Even with recent challenges, LULU shows steady revenue growth and strong key metrics like return on equity, gross margins, and positive cash flow, making it an attractive investment. Additionally, LULU has a track record of exceeding earnings expectations and growing internationally, which enhances its long-term investment appeal.
What type of business is Lululemon Athletica?
Lululemon Athletica Inc. is a seller of athletic clothing and accessories. The company was founded in 1998, with its headquarters located in Vancouver, Canada. The company's portfolio includes an extensive range of athletic clothing used for yoga, running, various workouts, and most other activities related to active sports for men and women under the lululemon and ivivva brands. The company also offers fitness accessories. To develop its products, Lululemon Athletica collaborates with researchers, scientists, engineers, and designers to create new patented fabrics. The company implements the latest technical innovations and conducts tests on its products.
What sector is Lululemon Athletica in?
Lululemon Athletica is in the Consumer Cyclical sector
What industry is Lululemon Athletica in?
Lululemon Athletica is in the Apparel Retail industry
What country is Lululemon Athletica from?
Lululemon Athletica is headquartered in Canada
When did Lululemon Athletica go public?
Lululemon Athletica initial public offering (IPO) was on 27 July 2007
What is Lululemon Athletica website?
https://corporate.lululemon.com
Is Lululemon Athletica in the S&P 500?
Yes, Lululemon Athletica is included in the S&P 500 index
Is Lululemon Athletica in the NASDAQ 100?
Yes, Lululemon Athletica is included in the NASDAQ 100 index
Is Lululemon Athletica in the Dow Jones?
No, Lululemon Athletica is not included in the Dow Jones index
When was Lululemon Athletica the previous earnings report?
No data
When does Lululemon Athletica earnings report?
The next expected earnings date for Lululemon Athletica is 06 December 2024