It deserves to join the S&P. Lululemon has embedded intself in society and is the one retailer that keeps delivering consistent growth. Lulu benefits from the new weight-loss drugs, and consumers will be attracted to their clothing.
Ranked #3, slightly losing ground since the spring, but it's #1 among wealthy girls.
Magnificent story. Don't misjudge the infectious quality of this brand and its growth rates. Likes it, but it's pricey. You don't want to own retail forever, but you can still buy at these levels.
Retail tends to be a volatile sector. Successful expanding into menswear. Premium-priced products geared to higher-income households. You could buy on a dip. Unit growth potential not as great as for ATZ.
They delivered a super quarter with China's revenue up 61% among other great comps. This confirms that China's consumers are coming back and reopening. Lulu didn't mention theft/shrinkage at all, which is notable.
They report next week. Let's see if and how they grab more of the international market--that's crucial.
They report Tuesday. Best of breed, but wages could be too hot.
Just last month he signalled a buy, but he just sold it, because he collected a tidy profit. He still likes it. It attracts the luxury consumer, which he remains bullish on, but he took profits. The stock moved up faster than he expected. He will buy it again below $300 for another trade.
LuLulemon Athletica (US) is a American stock, trading under the symbol LULU-Q on the NASDAQ (LULU). It is usually referred to as NASDAQ:LULU or LULU-Q
In the last year, 9 stock analysts published opinions about LULU-Q. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for LuLulemon Athletica (US).
LuLulemon Athletica (US) was recommended as a Top Pick by on . Read the latest stock experts ratings for LuLulemon Athletica (US).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered LuLulemon Athletica (US) In the last year. It is a trending stock that is worth watching.
On 2023-11-28, LuLulemon Athletica (US) (LULU-Q) stock closed at a price of $427.24.
The street talks about a slowing consumer, but Lululemon is a higher-end clothing retailer and is not seeing high-income households traded down yet. These rich consumers are in a better place.