Seeking Alpha

Lululemon Athletica Inc. (LULU)

  • Tue, Apr. 7, 2:47 PM
    • Global clothing stocks are outperforming broad market averages on the day.
    • There was some positive commentary out early from Credit Agricole which may have set up the sector for some bids.
    • Demand has been improved of late in some Asian markets, while F/X challenges continue to be a large drag for some sellers.
    • On the expense side, cotton prices are 28% below the level of a year ago.
    • Gainers: Lululemon (LULU +4.2%), Sequential Brands Group (SQBG +6.8%), PVH Corp. (PVH +1.6%), Iconix Brand Group (ICON +1.2%), Ralph Lauren (RL +1.3%), G-III Apparel (GIII +2.1%), Michael Kors (KORS +2%).
    | Tue, Apr. 7, 2:47 PM | Comment!
  • Mon, Mar. 30, 10:02 AM
    • Lululemon (LULU +2.1%) trades higher in early action as the stock recovers from a mini-slump last week.
    • The company's new line of men's pants are a "smash hit" with consumers, according to CNN Money.
    • Other publications are also giving Lululemon some free pants publicity.
    • The $128 slacks are made with a high-tech fabric and are being promoted as comfortable in all the right places.
    | Mon, Mar. 30, 10:02 AM | Comment!
  • Fri, Mar. 27, 7:56 AM
    | Fri, Mar. 27, 7:56 AM | Comment!
  • Thu, Mar. 26, 9:47 AM
    • Execs with Lululemon (NASDAQ:LULU) outlined during the firm's earnings conference call the transitory impacts to profit that the company expects to outlive.
    • The formats of U.S. stores will be improved this year with more larger stores set to be unveiled. New concepts are being tested.
    • The company sees a net F/X impact to EPS this year of $0.04 after factoring in Canada, Australia, and SG&A spending.
    • Product delays tied to weather and the West Coast port issue are expected to drift into Q2.
    • The new larger-sized stores will see a lag effect before profitability catches up to deleveraged costs.
    • E-commerce sales were 18% of total sales last year.
    • 60 new stores are planned for this year.
    • Long-term comp growth in the mid single-digit range is forecast.
    • Shares of LULU have recovered from a premarket slip and are up 3.04% as the earnings call helps turn the focus on the long-term story.
    • Previously: Lululemon Athletica beats by $0.05, revenue in-line (Mar. 26 2015)
    • Previously: Light guidance trips up Lululemon (Mar. 26 2015)
    • Earnings call webcast
    | Thu, Mar. 26, 9:47 AM | 1 Comment
  • Thu, Mar. 26, 6:55 AM
    • Lululemon (NASDAQ:LULU) reports direct to consumer revenue increased 20% Y/Y in Q4.
    • Comparable-store sales were up 5% for the period.
    • The company's gross profit rate fell 200 bps to 51.5%.
    • SG&A expenses rate +150 bps to 25.4%.
    • Inventory +10.2% to $298.2M.
    • Guidance: Lululemon sees Q1 revenue of $413M to $418M vs. $442M consensus and EPS of $0.31 to $0.33 vs $0.39 consensus.
    • LULU -5.64% premarket to $57.52.
    | Thu, Mar. 26, 6:55 AM | 7 Comments
  • Thu, Mar. 26, 5:43 AM
    • Lululemon Athletica (NASDAQ:LULU): Q4 EPS of $0.78 beats by $0.05.
    • Revenue of $602.5M (+15.6% Y/Y) in-line.
    • Press Release
    | Thu, Mar. 26, 5:43 AM | Comment!
  • Wed, Mar. 25, 5:30 PM
  • Mon, Mar. 23, 8:44 AM
    • Lululemon (NASDAQ:LULU) peels off almost 3% in premarket trading after Canaccord Genuity lowers its price target to $55 in a cautionary note.
    • The investment firm thinks a slow start to the year will lead to a guidance revision from the yoga juggernaut.
    • The estimate for 2015 EPS is taken by Canaccord Genuity to $1.96 from $2.08.
    • The Street consensus is at $2.07.
    • LULU -2.7% premarket to $63.80.
    | Mon, Mar. 23, 8:44 AM | 8 Comments
  • Sat, Mar. 14, 12:29 PM
    • A vibrant secondary market exists for Lululemon (NASDAQ:LULU) clothes, according to an illuminating report from
    • The brand scored very high, along with high-end lines, on pricing and consumer demand in data culled from clothing reselling sites.
    • Racked's deep dive into the market showed Lululemon was the only label in the athletic apparel space to see items hold value or even sell for higher prices when resold.
    • Retail watchers think Lululemon's strong reputation for delivering technical pieces that fit well and its propensity to refresh its products frequently are partially behind the booming Lululemon underground market.
    • It's also a trend supportive of the notion that Lululemon can keep its premium pricing in place even with new competitors entering the category.
    | Sat, Mar. 14, 12:29 PM | 2 Comments
  • Fri, Mar. 6, 9:55 AM
    • Shares of Lululemon (NASDAQ:LULU) are off 4.40% today off of a harsh take from Goldman Sachs, but some retail watchers are asking why.
    • Within the apparel sector, Goldman Sachs tagged PVH Corp. as a Conviction Buy with a $160 price target last year in March only to downgrade shares to Neutral earlier this week with the trade off over 10%.
    • The investment firm was also idling in Neutral on LULU as shares ran up 56% over the last six months.
    • SW Retail Advisors' Stacey Widlitz calls the GS revelation on the impact of Canadian currency on Lululemon profits "stale" news.
    • Previously: Meet your new Lululemon bear: Goldman Sachs
    | Fri, Mar. 6, 9:55 AM | 3 Comments
  • Fri, Mar. 6, 8:11 AM
    • Goldman Sachs downgrades Lululemon (NASDAQ:LULU) to a Sell rating in a biting note to investors.
    • The investment firm calls growth expectations for Lululemon "unrealistic" and sees limited upside for margin expansion.
    • Lululemon bulls are sure to play up the M&A potential on the apparel chain with VF Corp. and Nike rumors persisting.
    • GS has a price target of $52 on LULU.
    • LULU -3.08% premarket to $62.85. YTD +16.2%.
    | Fri, Mar. 6, 8:11 AM | 7 Comments
  • Thu, Mar. 5, 1:19 PM
    • Shares of Lululemon (LULU -0.6%) are having a volatile day.
    • Earlier on CNBC, Dana Telsey of Telsey Advisory Group says she sees a strong opportunity for Lululemon.
    • A mid-morning volume spike and 3.6% move in LULU was attributed to a takeover rumor (UA, VFC or NKE take your pick), but the mini-rally soon sizzled.
    | Thu, Mar. 5, 1:19 PM | 2 Comments
  • Wed, Feb. 25, 10:25 AM
    • Positive data on demand for athleisure apparel continues to stoke interest in Lululemon (LULU +0.6%), Under Armour (UA +1.8%), and Nike (NKE +1.3%).
    • "Comfort can elongate a trend that otherwise would have been gone," an industry insider tells Fashionista.
    • Shares of Lululemon and Under Armour are up over 10% for the year, while Nike's tracked up to threaten to break through the $100 level for the first time ever.
    • Gap (GPS +0.4%) is also a major athleisure player through its Athleta chain, although the mix to total sales is below that seen by the dominant trio.
    • Previously: Winners and losers from the intersection of sports and fashion in NYC (Feb. 16 2015)
    • Previously: Fashion sales influenced by rebellious millennials (Feb. 24 2015)
    | Wed, Feb. 25, 10:25 AM | 4 Comments
  • Tue, Feb. 24, 11:23 AM
    | Tue, Feb. 24, 11:23 AM | 3 Comments
  • Fri, Feb. 20, 9:52 PM
    | Fri, Feb. 20, 9:52 PM | 35 Comments
  • Thu, Feb. 19, 11:29 AM
    • Lululemon (LULU +2%) hits a new 52-week high as momentum remains strong for the apparel company.
    • Renewed confidence by investors in management has been one of the factors in LULU's multi-month rally.
    • Lululemon is also viewed as better positioned than some peers to weather the F/X (U.S. mix) and West Coast port (flexible assortment) overhangs in the sector.
    • Shares of LULU are starting to bump up across the PTs set by investment firms.
    | Thu, Feb. 19, 11:29 AM | 1 Comment
Company Description
Lululemon Athletica Inc is a designer and retailer of technical athletic apparel operating in North America and Australia. Its yoga-inspired apparel is marketed under the lululemon athletica and ivivva athletica brand names.