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

Lululemon Athletica (NASDAQ:LULU) announced its earnings results on Thursday. The apparel retailer reported $2.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.60, Zacks reports. The business had revenue of $2.37 billion for 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%. Lululemon Athletica’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $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 Stock Performance

LULU stock opened at $265.27 on Friday. Lululemon Athletica has a fifty-two week low of $226.01 and a fifty-two week high of $423.32. The business’s 50 day moving average price is $285.93 and its two-hundred day moving average price is $337.88. The company has a market capitalization of $32.00 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 2.22 and a beta of 1.26.

Institutional Investors Weigh In On Lululemon Athletica

An institutional investor recently bought a new position in Lululemon Athletica stock. Brighton Jones LLC bought a new position in Lululemon Athletica Inc. (NASDAQ:LULU) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,121 shares of the apparel retailer’s stock, valued at approximately $429,000. Institutional investors own 85.20% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. TD Securities raised their price objective on shares of Lululemon Athletica from $370.00 to $373.00 and gave the company a “buy” rating in a research report on Tuesday. BTIG Research lowered their price target on Lululemon Athletica from $420.00 to $405.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company reissued an “equal weight” rating on shares of Lululemon Athletica in a report on Friday. Oppenheimer raised their price objective on Lululemon Athletica from $380.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Finally, Argus cut Lululemon Athletica from a “buy” rating to a “hold” rating in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $344.96.

Lululemon Athletica Company Profile

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.