Added to YB: 2024-04-04
Pitch date: 2024-04-03
LULU [bullish]
lululemon athletica inc.
-45.05%
current return
Author Info
Company Info
lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada, Mexico, China Mainland, Hong Kong, Taiwan, Macau, and internationally.
Market Cap
$19.7B
Pitch Price
$373.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.70
P/E
11.28
EV/Sales
1.86
Sector
Textiles, Apparel and Luxury Goods
Category
value
Lululemon Athletica Inc. - $LULU
LULU: Scaled omnichannel athletic retailer. 2021-23: 21.5% of NKE's gross profit, 27% of EBIT despite 10% of ad spend. Trades at lower multiple than NKE despite superior metrics. Vertical integration & seamless omnichannel experience created durable CAC advantage. 18-19x EBIT with HSD-LDD growth potential = attractive 3-5yr IRR.
Read full article (5 min)