LULU) Featured in Wall Street Journal Article


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Lululemon Athletica (NASDAQ: LULU) hit a record market cap of $ 50 billion last week, and a SimplyWall article reports the company is a candidate to become a “10-bagger over five years.” The article examines the company’s performance and analyzes whether recent valuations are warranted. After releasing a notable second quarter earnings report showing revenue reaching $ 1.45 billion and revenue growth of over 60% year over year, Lululemon has seen impressive growth. The article noted that while CEO Calvin McDonald acknowledged that Lululemon benefited as many people sought more comfortable clothing during the COVID-19 pandemic, he also said the company was positioning itself to be a leader in the post world. -pandemic. . The company faces supply chain challenges as well as growing wage concerns; However, the article notes, “These challenges are so prevalent these days that they hardly come as a surprise. In addition, the company has no debt and has reduced the diluted shares outstanding by almost 7% over the past 5 years through share buybacks. The company has used about half of the $ 500 million from the last authorized buyout program. . . . In short, we argue that Lululemon Athletica is forcing these optimistic forecasts because it has been able to compose its capital at very profitable rates of return. And the stock has performed incredibly well with a return of 543% over the past five years, so long-term investors are no doubt delighted with the result. So while investors can explain the positive underlying trends, we still think this stock is worth looking into. ”

To view the full article, visit https://ibn.fm/DazdB

About Lululemon Athletica Inc.

Lululemon Athletica is a sportswear company inspired by a healthy lifestyle for yoga, running, training and most other sweaty activities, creating transformative products and experiences that empower people to live the life they love. Setting the bar for technical fabrics and functional designs, Lululemon works with yogis and athletes from local communities for ongoing research and product feedback. For more information about the company, visit www.Lululemon.com.

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