Lululemon Athletica (NASDAQ:LULU) Releases Q1 Earnings Guidance

Lululemon Athletica (NASDAQ:LULU) updated its first quarter earnings guidance on Thursday. The company provided earnings per share guidance of $2.53-$2.58 for the period, compared to the consensus earnings per share estimate of $2.72. The company issued revenue guidance of $2.335-$2.355 billion, compared to the consensus revenue estimate of $2.39 billion. Lululemon Athletica also updated its FY 2025 guidance to 14.950-15.150 EPS.

Lululemon Athletica Price Performance

Shares of NASDAQ LULU opened at $341.53 on Friday. Lululemon Athletica has a 1-year low of $226.01 and a 1-year high of $423.32. The business’s 50 day moving average is $366.25 and its two-hundred day moving average is $338.67. The stock has a market capitalization of $41.59 billion, a P/E ratio of 24.66, a PEG ratio of 2.22 and a beta of 1.21.

Lululemon Athletica (NASDAQ:LULU) last posted its quarterly earnings data on Thursday, March 27th. The apparel retailer reported $6.14 EPS for the quarter, topping the consensus estimate of $5.85 by $0.29. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The company had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.59 billion. During the same period in the previous year, the firm earned $5.29 earnings per share. Lululemon Athletica’s quarterly revenue was up 12.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Lululemon Athletica will post 14.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on LULU. Stifel Nicolaus reaffirmed a “buy” rating and set a $438.00 target price (up previously from $370.00) on shares of Lululemon Athletica in a research note on Friday, December 6th. TD Cowen upped their price objective on Lululemon Athletica from $382.00 to $383.00 in a research report on Thursday, December 5th. Evercore ISI lifted their target price on Lululemon Athletica from $440.00 to $495.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. Guggenheim upped their price target on shares of Lululemon Athletica from $350.00 to $415.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Finally, Piper Sandler lifted their price objective on shares of Lululemon Athletica from $260.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $393.45.

Institutional Trading of Lululemon Athletica

A hedge fund recently bought a new stake in Lululemon Athletica stock. Brighton Jones LLC acquired a new position in shares of Lululemon Athletica Inc. (NASDAQ:LULU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. 85.20% of the stock is owned by institutional investors.

About Lululemon Athletica

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.