Added to YB: 2026-09-11
Pitch date: 2026-09-09
LULU [neutral]
lululemon athletica inc.
-1.85%
current return
Author Info
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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, Hong Kong, Taiwan, Macau, Greece, and internationally.
Market Cap
$11.0B
Pitch Price
$98.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.90
P/E
8.16
EV/Sales
1.06
Sector
Textiles, Apparel and Luxury Goods
Category
N/A
Lululemon's Margin Improved. Almost None of It Was Real.
LULU (earnings): Lululemon’s Q2 headline margin expansion did not reflect operating improvement: gross margin rose 200 basis points to 60.5%, but a one-time $134.5 million tariff refund contributed 560 basis points, implying an underlying decline of roughly 360 basis points. Revenue fell 4%, Americas comparable sales dropped 12%, and full-year revenue and EPS guidance were cut sharply. The unresolved question is whether merchandising fixes can restore demand or competition has structurally weakened the brand moat.
Read full article (9 min)