Added to YB: 2024-07-04
Pitch date: 2024-07-02
LULU [bullish]
lululemon athletica inc.
-32.05%
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
$301.67
Price Target
447.00 (+118%)
Dividend
N/A
EV/EBITDA
5.70
P/E
11.28
EV/Sales
1.86
Sector
Textiles, Apparel and Luxury Goods
Category
growth
LULU: Brand Strength and Strategic Focus (TD Cowen)
LULU: TD Cowen reiterates Buy, $447 PT (26x FY25E EPS). CFO meetings reveal US topline turn depends on conversion as inventory normalizes. Brand strength in performance positioning. Increasing China focus. Trades at only 12x 5-year earnings power, suggesting significant upside potential.
Read full article (1 min)