Lululemon Soars 15%: Strong China Sales and Holiday Demand Drive Record Gains [Yahoo! Finance]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
rose over 15% on Friday, and more than 25% in the past five days. The excellent quarterly performance of the athleisure retailer has inspired at least 17 brokerages to raise their pricing targets. Warning! GuruFocus has detected 3 Warning Sign with LULU. While rejuvenating its apparel with trend-driven designs meant for younger clients, the company has applied focused marketing methods to boost sales in China, its second-largest market. Lululemon's approach worked, as shown by a 36% rise in third-quarter revenue from China, despite the growing competitiveness from companies such Vuori and Alo. "Despite competitive pressures, Lululemon's customer loyalty remains robust," analyst Raymond James Rick Patel said. Among the 36 brokerages covering the stock, Stifel's price objective was raised by $68 to $438, most optimistically compared to the consensus estimate of $374.10 on Wall Street. Lululemon shares were trading Friday at $404.64, and they were about to rise most significantly s
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LULU
News
- How Vuori reached a $5.5 billion valuation by taking share from Lululemon [MSNBC.com]MSNBC.com
- How Vuori reached a $5.5 billion valuation by taking share from Lululemon [CNBC]CNBC
- 3 Must-Know Facts About Lululemon Before Buying the Stock [Yahoo! Finance]Yahoo! Finance
- Can Lululemon Stock Reach $500 in 2025? [Yahoo! Finance]Yahoo! Finance
- Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Now [Yahoo! Finance]Yahoo! Finance
LULU
Earnings
- 12/5/24 - Beat
LULU
Sec Filings
- 12/19/24 - Form SCHEDULE
- 12/11/24 - Form 4
- 12/11/24 - Form 4
- LULU's page on the SEC website