Lululemon Athletica Inc.LULU
▼ NegativeCapitalrelevance
Softer quarterly results and 50% stock decline to 52-week low, trading at 10x forward earnings.
Impact on stocks 1
Consumer Discretionary
Lululemon Athletica Inc.Lululemon's stock has fallen 50.4% over the past six months to a new 52-week low of $105.41 per share, partly driven by softer quarterly results. The company operated 816 locations in the latest quarter and has expanded its store count at a 7.4% annual rate over the last two years, outpacing the broader consumer retail sector. Lululemon posted an average gross margin of 57.5% and an average operating margin of 20.8% over the same period, reflecting what the report calls best-in-class unit economics and elite profitability. Following the decline, the stock trades at 10 times forward earnings.
Lululemon Athletica Inc.Softer quarterly results and 50% stock decline to 52-week low, trading at 10x forward earnings.