Lululemon Athletica says it had a strong holiday season.
Lululemon raised its fourth quarter earnings and revenue guidance after striking a cautious tone in the lead up to the holiday shopping season. The athletic apparel company best known for its yoga pants expects sales to grow between 11% and 12%.
Lululemon Athletica Inc. NASDAQ: LULU shares have been on a tear in recent months, and for good reason. After a tough first half to 2024, the stock closed the year with an impressive rally, gaining a solid 70% since August.
While shares of Lululemon Athletica Inc LULU underperformed the broader index in 2024 due to a slowdown in U.S. sales, checks indicate "a strong recovery of demand" during the holiday season, according to Needham.
While lululemon's forward outlook and growth strategies suggest significant growth in the long term, its pricey valuation makes investors wary.
Zacks.com users have recently been watching Lululemon (LULU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
I maintain my buy rating on Lululemon Athletica due to strong fundamentals, continued growth potential, and recent positive earnings performance. Despite a 33% stock price increase, LULU remains undervalued with significant catalysts like international expansion and a robust share repurchase program. Earnings beat expectations, driven by strong e-commerce performance and international growth, though U.S. foot traffic and inventory levels need monitoring.
Lululemon Athletica Inc.'s stock slid 2.8% Thursday, after analyst firm Jefferies said it's still recommending that investors sell the yoga-gear maker's shares after they hit a second valuation peak in a year.
Dana Telsey, Chief Research Officer and CEO at Telsey Advisory Group, discusses the stronger-than-expected holiday season, with Visa and Mastercard reporting year-over-year increases. Despite this, retail stocks like XRT are down.
Investors with an interest in Textile - Apparel stocks have likely encountered both Ralph Lauren (RL) and Lululemon (LULU). But which of these two stocks offers value investors a better bang for their buck right now?
With improving market conditions and rising consumer demand for luxury products, companies like lululemon, Ralph Lauren and Tapestry are positioned well.
Recently, Zacks.com users have been paying close attention to Lululemon (LULU). This makes it worthwhile to examine what the stock has in store.