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In the past nine months, Lululemon spent $1.3 billion to buy back its stock, with a fresh $1 billion authorization just added. Consequently, this helped to make the current share count more than 3 ...
Lululemon Athletica (NASDAQ:LULU) is one of the great stocks of 2019, up nearly 72% as it opened for trade Nov. 15.Source: Sorbis / Shutterstock.com The company earned $3.18 per share for fiscal ...
It's been a rough year for Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) investors, with both stocks selling off sharply. Shares of Nike are down about 25% year to date while Lululemon ...
Lululemon Athletica Inc., commonly known as lululemon (/ ˌ l uː l u ˈ l ɛ m ə n / loo-loo-LEM-ən; styled in all lowercase [2]), is a Canadian-American multinational premium athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. [4]
The stock trades at a P/E ratio of 20.7, which is not only a discount to what Mr. Market is offering Nike at but close to Lululemon's low point in the last decade.
Lululemon trades today at a mere 20.4 price-to-earnings ratio, which is dirt cheap for the stock historically. But that valuation could begin to look quite expensive if sales growth continues to slow.
Analysts at the research firm Cowen recently suggested that Lululemon Athletica (NASDAQ:LULU) could be the next Nike (NYSE:NKE). That's excellent news for Lulu stock. Source: Richard Frazier ...
Shares of the athleisure pioneer have taken a major hit.