lululemon athletica inc. Company Profile (NASDAQ:LULU)

lululemon athletica inc. trades on the NASDAQ under the ticker symbol "LULU."

lululemon athletica inc. (NASDAQ:LULU) announced its quarterly earnings results on Thursday, August, 31st. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. The company earned $581.10 million during the quarter, compared to the consensus estimate of $567.40 million. lululemon athletica inc. had a net margin of 11.68% and a return on equity of 22.51%. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.38 earnings per share. View lululemon athletica inc.'s Earnings History.

lululemon athletica inc. is scheduled to release their next quarterly earnings announcement on Wednesday, December, 6th 2017. View Earnings Estimates for lululemon athletica inc..

lululemon athletica inc. updated its FY18 earnings guidance on Thursday, August, 31st. The company provided earnings per share guidance of $2.35-2.42 for the period, compared to the Thomson Reuters consensus estimate of $2.33. The company issued revenue guidance of $2.545-2.595 billion, compared to the consensus revenue estimate of $2.55 billion.lululemon athletica inc. also updated its Q3 guidance to $0.50-0.52 EPS.

37 brokers have issued 1 year target prices for lululemon athletica inc.'s shares. Their predictions range from $40.00 to $90.00. On average, they anticipate lululemon athletica inc.'s share price to reach $65.89 in the next twelve months. View Analyst Ratings for lululemon athletica inc..

Here are some recent quotes from research analysts about lululemon athletica inc. stock:

• 1. According to Zacks Investment Research, "Lululemon has surpassed the industry in the past three months, mainly driven by its focus on strategy for 2020, as part of which it aims to generate revenues of $4 billion. To achieve this, the company is committed toward product innovation, building store fleet in North America, expanding digital business and global expansion. All these factors helped Lululemon to post robust numbers in second-quarter fiscal 2017, even amid a tough retail landscape. Both sales and earnings topped estimates and grew year over year. While the bottom line marked its 2nd consecutive beat, the top line recorded its 7th straight quarter of positive surprise. Also, sturdy e-Commerce growth fueled comps. Apart from this, the company is on track with ivivva’s remodeling. The solid results and favorable third quarter trends encouraged management to raise its fiscal 2017 view. However, stiff competition and volatile consumer spending patterns may pose concerns." (9/25/2017)
• 2. Canaccord Genuity analysts commented, "We believe this analogy describes the unfolding trend shift from athletic apparel to denim. In the third installment of our LULU survey, we saw a decline in LULU customers’ purchase intent of yoga leggings. In fact, wave #3 of our survey showed the most significant deterioration of metrics to date, thus further supporting our SELL thesis and the risks that LULU faces from shifting fashion trends and increasing competition. The combination of declining purchase intent, increasing signals of denim gaining traction, peaking margins, and a more focused Athleta creates a risk/reward that skews heavily downward, in our opinion. We are also witnessing some shifts in brand preferences away from Nike and Under Armour, and in favor of Athleta." (9/22/2017)
• 3. FBR & Co analysts commented, "LULU reported adjusted 2Q EPS of $0.39, vs. FBR/consensus estimates of $0.34/ $0.35 and $0.33–$0.35 guidance. Results reflect +7% constant currency comps vs. FBR/consensus 4.0%/4.2% and adjusted EBIT margin de-leverage of -160 bps vs. FBR/consensus –250/-230 bps. Management provided 3Q17 adjusted EPS guidance of $0.50–$0.52 (vs. FBR/consensus of $0.53/$0.52) on SSS of +MSD (vs. FBR/ consensus +5.0%/+4.0%) and increased guidance for 2017 adjusted EPS to $2.35– $2.42 from $2.28–$2.38 (vs. FBR/consensus of $2.36/$2.33) and reiterated SSS of +LSD (vs. FBR/consensus of +3.6%/+3.1%). LULU has a strong brand and has done a good job innovating and offering newness. However, we remain on the sidelines given valuation and risks with a slowing athleisure market." (9/1/2017)

lululemon athletica inc. saw a increase in short interest in September. As of September 15th, there was short interest totalling 7,770,632 shares, an increase of 30.4% from the August 31st total of 5,960,616 shares. Based on an average daily trading volume, of 3,114,349 shares, the days-to-cover ratio is presently 2.5 days. Currently, 8.1% of the company's stock are short sold.

Some companies that are related to lululemon athletica inc. include PVH Corp (PVH), Hanesbrands (HBI), Under Armour (UAA), Ralph Lauren Corporation (RL), Gildan Activewear (GIL), Under Armour (UA), Columbia Sportswear Company (COLM), G-III Apparel Group, LTD. (GIII), Mulberry Group PLC (MUL), Duluth Holdings (DLTH), Iconix Brand Group (ICON), Mothercare plc (MTC), Delta Apparel (DLA), Lakeland Industries (LAKE), Vince Holding Corp. (VNCE), Differential Brands Group (DFBG), Bagir Group Ltd (BAGR) and Naibu Global International Company PLC (NBU).

lululemon athletica inc.'s management team includes the folowing people:

• Glenn Murphy, Co-Chairman of the Board
• David M. Mussafer, Independent Co-Chairman of the Board
• Laurent Potdevin, Chief Executive Officer, Director
• Stuart C. Haselden, Chief Financial Officer, Chief Operating Officer
• Celeste Burgoyne, Executive Vice President, Americas Retail
• Lee Holman, Executive Vice President - Creative Director
• Scott Stump, Executive Vice-President, Community and Brand
• Gina Warren, Executive Vice President, People and Culture
• Tricia Patrick, Director
• Robert Bensoussan, Independent Director

Shares of lululemon athletica inc. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of lululemon athletica inc. stock can currently be purchased for approximately $59.72.