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Rapidly growing revenue
- Rapidly growing revenue has helped its stock price surge more than 80% this year, as the company looks to expand in areas like menswear, e-commerce and international sales.
www.forbes.com/sites/sergeiklebnikov/2019/12/04/heres-why-lululemon-stock-is-up-over-80-this-year-while-the-rest-of-retail-struggles/
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Jun 5, 2024 · Lululemon, maker of the pricey yogawear sported by seemingly everyone from Pilates moms to college students to preteens in the US, is at a crossroads.
- What Happened
- So What
- Now What
Shares of Lululemon Athletica (LULU0.78%)leaped 10.5% to a new closing high of $420.71 on Thursday, following the release of the athletic apparel retailer's second-quarter results.
Lululemon's net revenue surged 61% year over year to $1.5 billion, as shoppers returned to its stores in droves. Sales at its company-operated stores rocketed 142% to $695.1 million, marking a sharp rebound from its pandemic lows when coronavirus-related store closures weighed heavily on its results. "Our performance in Q2 was driven by a strong re...
These strong results prompted Lululemon to boost its full-year financial outlook. Management now expects the company to generate net revenue of $6.19 billion to $6.26 billion and adjusted earnings per share of $7.38 to $7.48 in fiscal 2021. That's up from a prior forecast for revenue of $5.825 billion to $5.905 billion and adjusted EPS of $6.73 to ...
- Joe Tenebruso
It's not all sun salutations. Lululemon is a success story. But the company has also faced struggles and stumbles — most notably the sheer-pants debacle of 2013. In March of that year, Lululemon had to recall a $98 pair of leggings because when customers bent over, the fabric became sheer.
Apr 21, 2024 · Analysts see shoes adding $250-$500 million to Lululemon‘s top line in short order. But Lululemon will also have to navigate some headwinds. The athleisure space is getting increasingly crowded as both established brands and upstart DTC disruptors try to grab share.
Mar 22, 2024 · While Lululemon's recent performance has been impressive, its cautious guidance for FY 2025 highlights several potential challenges that could hinder its growth trajectory.
Dec 4, 2019 · Compared with the S&P 500 Retail ETF’s growth of less than 5% this year, Lululemon stock has soared more than 80% in 2019, easily eclipsing rivals like Nike and Under Armour, which have...
Oct 16, 2023 · The news gave Lululemon a boost for a number of reasons. Primarily, the gains came because exchange-traded funds (ETFs) that track the broad-market index have to buy the stock, which...
