Fine operating margin growth. Their brand is strong. As revenues soared, they leveraged their expenses which resulted in wide operating margins. They had supply constraints, so their quarter would have been even better. They will hit their 2023 goals in 2022, they said. Amazing. It is and should be at an all-time highs. Sadly, she no longer owns this. Bummer.
Ridiculous. Operating margins came in at 20.6% vs. the street's 15.9%, up from 13.6% a year ago. Growth is off the charts, and inventories are in line to suggest that margins will be even better next quarter. The only knock on them is their valuation, which he feels is unwarranted. Sure, this could trade at $475, the new price target.
An amazing quarter. They are growing in the men's segment, which is just starting and faces a lot of growth. 69% of sales continues to be to women. Buying Mirror, a fitness start-up, was a great deal. The CEO has done an amazing job. They were in a great position going into the pandemic and thrived during it as people wore more casual clothing, and still thrive. Those over age 30 will buy more of their clothes. Their numbers were stellar. The one knock about them is their PE, but why doesn't anyone say that about Nike? There's a lot of upside to come.
(A Top Pick Apr 06/21, Up 24.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LULU has achieved its $385 objective. To be disciplined, we recommend covering 50% of the position and trailing up the stop (from $250) to $315.
They're about to report. The brand is consistent and not just a Covid phenom. Thinks they'll surprise to the upside. The valuation doesn't make sense, though. Stock has been trading sideways and is looking for an excuse to break out.
They're about to report. Caveats: People will be putting pants back on as they return to the office. Also, there's so much competition here now, so it'll be interesting to see what they report.
Stockchase Research Editor: Michael O'Reilly Recently reported revenues were up 24%, including a 94% increase in direct to consumer sales. LULU holds $1.2 billion in cash and the stock is still trading 20% below its all-time highs. Clearly the pandemic has not hurt this Vancouver based stretchy pant manufacturer. We would buy this with a stop loss at $250, looking to achieve $385 -- upside potential over 26%. Yield 0% (Analysts’ price target is $385.35)
Lulu is the oppposite of, say, PVH, which sells clothes to be worn outside the home. LULU sells casual apparel for indoors, which worked during the lockdowns and nobody looks at you.
They just named a new CFO. He loves the company and is more confident about it than the consensus which is now preferring Levis. However, buy this on weakness.
A bullish trend is leisurewear in an age when nobody cares if you wear a suit at home An analyst today just raised his price target on this. A smart CEO. Today's market slide is a rare pullback--buy.
LuLulemon Athletica (US) is a American stock, trading under the symbol LULU (previously LULU-Q on Stockchase) on the NASDAQ (LULU). It is usually referred to as NASDAQ:LULU or LULU