Added to YB: 2024-04-16
Pitch date: 2024-04-08
LULU [bullish]
lululemon athletica inc.
-43.08%
current return
Author Info
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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
$360.10
Price Target
632.00 (+208%)
Dividend
N/A
EV/EBITDA
5.70
P/E
11.28
EV/Sales
1.86
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Quick Idea: Lululemon Athletica
LULU: Leading premium apparel brand with loyal consumer base. 17M membership program in one year. High margins, strong cash flows, share buybacks. Gaining market share in competitive space with large, growing TAM. Significant opportunities in product growth. Trades at 25x forward P/E (historical avg 43x). Assuming 35x P/E, $632 2027 price target. Risks: Slowdown in retail spending, credit event, resurgent inflation.
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