Lululemon Athletica Inc. (LULU) is currently priced at $144.66, showing a decrease of $2.28 (-1.55%) from the previous close of $146.94. The trading volume is $512,959, which is 16.76% higher than the average.
In the latest earnings report, Lululemon Athletica Inc. posted earnings per share (EPS) of $4.78, meeting the consensus estimate. The quarterly revenue was reported at $3.58 billion, with the earnings call summary indicating positive performance.
On April 23rd, Needham reaffirmed a "Hold" rating for LULU, with the stock priced at $145.23 at the time of the rating.
Lululemon Athletica Inc. demonstrated a strong cash position with a net change in cash of $771.34 million. Operating cash flow stood at $1.14 billion, leading to an increase in cash reserves to $1.81 billion.
The company reported a net income of $586.87 million, resulting in earnings per share of $4.97. Notable figures include gross profit of $2.00 billion and operating income of $803.48 million.
Key ratios for LULU include a net profit margin of 16.12%, return on equity of 11.83%, and a price-to-earnings ratio of 9.08. Additionally, the price-to-sales ratio is 5.85, indicating the stock's valuation.
Lululemon Athletica Inc. maintains a strong financial position with total assets of $8.46 billion and total liabilities of $3.49 billion. The company holds cash and cash equivalents of $1.81 billion, contributing to its robust balance sheet.
This report provides a comprehensive overview of Lululemon Athletica Inc.'s current financial standing and performance metrics.
lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women and men. It operates in two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits. It also provides fitness-related accessories and footwear. The company sells its products through a chain of company-operated stores; outlets and warehouse sales; interactive workout platform; a network of wholesale accounts, such as yoga studios, health clubs, and fitness centers; temporary locations; and license and supply arrangements, as well as directly to consumer through mobile apps and lululemon.com e-commerce website. As of January 30, 2022, it operated 574 company-operated stores under the lululemon brand in the United States, Canada, the People's Republic of China, Australia, the United Kingdom, Japan, New Zealand, Germany, South Korea, Singapore, France, Malaysia, Sweden, Ireland, the Netherlands, Norway, and Switzerland. lululemon athletica inc. was founded in 1998 and is based in Vancouver, Canada.