Lululemon Athletica (NASDAQ:LULU) Releases Quarterly Earnings Results, Meets Expectations

Lululemon Athletica (NASDAQ:LULU) released its quarterly earnings results on Thursday. The apparel retailer reported $2.60 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.60, Zacks reports. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. Lululemon Athletica had a net margin of 17.05% and a return on equity of 42.16%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company 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 Trading Down 19.8%

LULU stock opened at $265.27 on Friday. Lululemon Athletica has a 1 year low of $226.01 and a 1 year high of $423.32. The company has a fifty day simple moving average of $285.93 and a 200 day simple moving average of $337.88. The firm has a market cap of $32.00 billion, a PE ratio of 19.15, a PEG ratio of 2.22 and a beta of 1.26.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LULU. Barclays reiterated an “equal weight” rating on shares of Lululemon Athletica in a research note on Friday. KeyCorp decreased their price objective on Lululemon Athletica from $400.00 to $350.00 and set an “overweight” rating for the company in a report on Friday. Stifel Nicolaus decreased their price objective on Lululemon Athletica from $353.00 to $324.00 and set a “buy” rating for the company in a report on Friday. Argus cut Lululemon Athletica from a “buy” rating to a “hold” rating in a research note on Tuesday, April 1st. Finally, Morgan Stanley decreased their price target on Lululemon Athletica from $373.00 to $346.00 and set an “overweight” rating for the company in a research note on Wednesday, May 28th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Lululemon Athletica currently has a consensus rating of “Moderate Buy” and an average price target of $344.96.

Institutional Trading of Lululemon Athletica

An institutional investor recently raised its position in Lululemon Athletica stock. NewEdge Advisors LLC raised its holdings in Lululemon Athletica Inc. (NASDAQ:LULU) by 5.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,848 shares of the apparel retailer’s stock after acquiring an additional 186 shares during the period. NewEdge Advisors LLC’s holdings in Lululemon Athletica were worth $1,089,000 at the end of the most recent reporting period. 85.20% of the stock is currently owned by hedge funds and other 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.