Lululemon Athletica (NASDAQ:LULU) Announces Quarterly Earnings Results, Meets Estimates

Lululemon Athletica (NASDAQ:LULU) issued its earnings results on Thursday. The apparel retailer reported $2.60 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.60, Zacks reports. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. Lululemon Athletica’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.54 earnings per share. Lululemon Athletica updated its FY 2025 guidance to 14.580-14.780 EPS and its Q2 2025 guidance to 2.850-2.900 EPS.

Lululemon Athletica Price Performance

Shares of LULU stock opened at $265.27 on Friday. The firm has a 50-day moving average of $285.93 and a 200-day moving average of $337.88. The company has a market cap of $32.00 billion, a P/E ratio of 19.15, a P/E/G ratio of 2.22 and a beta of 1.26. Lululemon Athletica has a one year low of $226.01 and a one year high of $423.32.

Institutional Trading of Lululemon Athletica

A hedge fund recently bought a new stake in Lululemon Athletica stock. Brighton Jones LLC purchased a new stake in shares of Lululemon Athletica Inc. (NASDAQ:LULU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. Institutional investors and hedge funds own 85.20% of the company’s stock.

Analyst Upgrades and Downgrades

LULU has been the topic of several research analyst reports. Raymond James reissued a “market perform” rating and set a $430.00 target price on shares of Lululemon Athletica in a research note on Friday, March 28th. KeyCorp cut their target price on shares of Lululemon Athletica from $400.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday. JPMorgan Chase & Co. cut their target price on shares of Lululemon Athletica from $389.00 to $303.00 and set an “overweight” rating on the stock in a research note on Friday. Stifel Nicolaus lowered their price objective on shares of Lululemon Athletica from $353.00 to $324.00 and set a “buy” rating on the stock in a report on Friday. Finally, Bank of America lowered their price objective on shares of Lululemon Athletica from $400.00 to $370.00 and set a “buy” rating on the stock in a report on Friday. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Lululemon Athletica presently has a consensus rating of “Moderate Buy” and an average price target of $344.96.

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.