LULU
📈 Lululemon reported a 13% increase in revenue for the last quarter, showcasing resilience in a competitive market.
🛍️ The company expanded its store count by 2.5% and achieved a 3% growth in comparable store sales, indicating steady operational growth.
💡 Despite a slowdown in growth projections, Lululemon’s valuation remains competitive, with a forward P/E ratio of 23, compared to Nike’s higher valuation.
@bernardodegarcia:
“Lululemon reported a 13% revenue growth for the last quarter, with earnings per share reaching $6.14. The company expanded its store count by 2.5% and achieved a 3% growth in comparable store sales. However, inventory levels increased by 10%, which could pressure margins. For the upcoming fiscal year, Lululemon projects a revenue growth of 5-7%, a significant slowdown compared to previous years. Despite these challenges, the company’s valuation remains competitive, with a forward P/E ratio of 23, compared to Nike’s 30+ valuation.”
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