Pacific Trader: Lululemon outperforms (again), the markets yawn [BCBusiness Magazine (Canada)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: BCBusiness Magazine
Pacific Trader: Lululemon outperforms (again), the markets yawn With value in vogue, the activewear stock is finding it harder to get ahead The stock: Like most retail stocks, Lululemon Athletica (NASDAQ:LULU) did the downward dog with the onset of COVID-19 last year. But not for long: thanks to surging online sales, the Vancouver-based activewear company quickly made up the slack and capitalized on pandemic demand for informal apparel and DIY sports. Now as the viral threat recedes, thanks to mass vaccination, LULU seems to be having it both ways—operationally at least—with rebounding in-store sales contributing to Q1 revenues that were 88-percent better than last year (and, for that matter, topped sales in COVID-free 2019 by 53 percent). Curiously, this year the markets seem unimpressed. The drivers: It ’ s not for lack of growth opportunities. The brand may be ubiquitous in North America and a few other countries, but it has a lot of the world yet to conquer. And the rising sales
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News
- Forget Nike: Buy This Magnificent Growth Stock Instead [Yahoo! Finance]Yahoo! Finance
- Lululemon (LULU) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- Here's Why Lululemon Athletica (LULU) Declined in Q1 [Yahoo! Finance]Yahoo! Finance
- 5 Growth Stocks Down Over 20% So Far in 2024 to Buy Now [Yahoo! Finance]Yahoo! Finance
- 12 surprisingly affordable things Taylor Swift has worn recently and where to buy them [Business Insider]Business Insider
LULU
Earnings
- 3/21/24 - Beat
LULU
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- LULU's page on the SEC website