(NASDAQ) Stock Shares Outstanding, shares (source: Capital IQ) Institutional Shares (. The yogawear and athleisure apparel retailers final Q4 results. The Company also conduct business through MIRROR, which offers in-home fitness through a workout platform operate outlets and temporary locations. LULU Institutional Ownership and Shareholders - Lululemon Athletica inc. Get Lululemon Athletica Inc (LULU.O) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments. LULU stock rocketed in high volume on March 29 after the firm topped earnings and revenue estimates for the holiday fourth quarter. It company operates through the following. Its direct to consumer segment includes electronic commerce Website other country and region-specific websites, and mobile applications, including mobile applications on in-store devices. LULU's stock price reached a historical high of 485.83 during intraday trading on November 16, 2021, and its last traded share price of 330.35 as of Februrepresents a -32 drop from. engages in the designing, distributing and retail of athletic apparel and accessories. Its retail stores are located primarily on street locations, in lifestyle centers, and in malls. Its Company-operated stores include approximately 600 stores in 17 countries. It also offers fitness-related accessories. Its apparel assortment includes items such as pants, shorts, tops, and jackets designed for a healthy lifestyle, including athletic activities such as yoga, running, training, and other sweaty pursuits. The Company’s segments include Company-operated stores and direct to consumer. is a designer, distributor and retailer of lifestyle inspired athletic apparel and accessories. Fiscal first-quarter results are expected to be reported in the first half of June.Lululemon athletica inc. Lululemon will host an annual meeting on June 3. Color around digital performance and initial store reopenings will be what moves the stock, he said.īarclays analyst Adrienne Yih also told clients in a note that “with core customers working from home, we believe ‘work-at-home wear’ consists of comfortable and casual apparel, and Lulu fits the bill.” Based on her view that there will be an increase in people working from home after Covid-19, she boosted her estimates for next year.Īnderson and Yih have buy-equivalent ratings on the stock. “The question is: does it stabilize or shrink?”Īs for the company’s upcoming earnings report, Siegel too is expecting a “strong” online performance. “It remains to be seen what the financial implications of the pandemic will be, but it seems reasonable to assume the audience of people willing to buy high-priced clothing is not going to get larger,” Siegel said. “When people are working in groups, fashion plays a stronger role, but at home comfort is king.” And right now, people are making purchases in athleisure wear to “recalibrate to their current new norm.” But, do people need to buy more or less fashionable athleisure? Is there a need to have multiple outfits to sit at your desk, home alone? These are among the things Siegel wonders. Stock prices today are dominated by themes, he said in an interview. Meanwhile, many of the company’s physical stores remain closed in North America, with some markets beginning to reopen in accordance with local government mandates.īMO Capital Markets analyst Simeon Siegel agreed Lululemon is an “at-home Covid winner.” But he questioned what that will mean longer term and said the potential risks are not being priced into the stock currently. Before the pandemic, Lululemon’s online sales rose 35% in its last full year, and Anderson expects the growth to have accelerated further this quarter.
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