Added to YB: 2024-06-18
Pitch date: 2024-06-18
LULU [bullish]
lululemon athletica inc.
-34.38%
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
$314.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.70
P/E
11.28
EV/Sales
1.86
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Lululemon ($LULU): A premium brand currently on sale
$LULU down 38% YTD despite strong brand, product innovation & customer loyalty. Trades at 15x EV/EBIT (lowest since 2016) on low-teens growth ests. Upside: Men's (23% of revs vs Nike 50%), intl (21% vs Nike 59%), protect premium status w/ high quality & controlled distribution. Risks: Competition, consumer health, departure of Chief Product Officer. DCF @ 12% CAGR & 13x exit = attractive entry point.
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