Hanesbrands' Champion Brand Is Killing It [The Motley Fool]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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investor.lululemon.com
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Source: The Motley Fool
Sweatpants are fashionable, which spells a big growth opportunity for the company. The athletic apparel industry has been one of the best places to invest in the broader retail industry in recent years. Top brands like lululemon athletica and Adidas have seen sales boom and margins expand this year thanks to strong demand. The athleisure trend doesn't seem to be going away. Instead, it's becoming a wardrobe staple for many. The trend has culminated with sportswear, streetwear, and luxury fashion all meshed together, and Hanesbrands ' ( NYSE:HBI ) Champion apparel line has been a major beneficiary. IMAGE SOURCE: CHAMPION.COM. Those grey sweatshirts and sweatpants you wore in the 1990s are now considered high fashion. In even better news for investors, Hanesbrands stock is as cheap as a pair of socks. Champion rides the athleisure trend In the third quarter, Champion sales grew 30% year over year on a constant-currency basis, and 40% excluding the mass
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News
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LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- LULU's page on the SEC website