DailyIQ
Last updated 7 hours ago

LULU·Lululemon Athletica Inc.

$182.13
+0.71 (+0.39%)
Overnight
High
$183.30
Open
$180.90
Market Cap
22.27B
52W High
$374.41
Low
$179.21
P. Close
$182.13
P/E
12.79
52W Low
$159.25
Technical Score (1D)
59
BUY
News Sentiment
82
BULLISH

What’s happening to LULU today?

Lululemon recently launched its "Unrestricted Power" platform, a strategic move to address recent quality concerns and refresh its brand image. This initiative, which includes partnerships with high-profile athletes, aims to rebuild customer confidence and revitalize the brand's position in the performance apparel sector. The launch occurs amidst leadership changes and weak share price performance, signaling a strategic shift towards higher-intensity training. Investors should note this could be a key indicator of the new leadership's vision. The company's recent performance has been mixed, with shares closing up in the latest session but underperforming both the S&P 500 and the Consumer Discretionary sector over the past month. Upcoming earnings are projected to show a year-over-year decline in earnings per share, while revenue is expected to be flat, creating uncertainty. Analyst sentiment on LULU is also mixed, with various ratings and price targets providing a snapshot of current market expectations. Traders should monitor these consensus views to gauge potential price movements.