|Bid||127.13 x 1100|
|Ask||128.70 x 800|
|Day's Range||123.55 - 128.91|
|52 Week Range||52.35 - 128.91|
|PE Ratio (TTM)||57.77|
|Earnings Date||Aug 29, 2018 - Sep 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||112.64|
Takeovers can occur for several reasons. Sometimes a successful, larger company, in order to become even more dominant, wants to acquire superior technology or a popular product developed by a smaller rival. Other times a struggling, larger company, to prevent its financial results from sinking, looks to acquire a successful rival.
Lululemon Athletica, Hain Celestial Group, AT&T and Time Warner highlighted as Zacks Bull and Bear of the Day
With an ROE of 18.49%, Lululemon Athletica Inc (NASDAQ:LULU) outpaced its own industry which delivered a less exciting 11.85% over the past year. On the surface, this looks fantastic sinceRead More...
lululemon (LULU) agrees to buy back 3.3 million shares from Advent International Corporation. This is likely to be accretive to the company's fiscal 2018 earnings per share by 3 cents.
Investors in lululemon (LULU) need to pay close attention to the stock based on moves in the options market lately.
Athletica Inc. said late Thursday it agreed to buy back 3.3 million of its shares in a private transaction with funds affiliated with Advent International Corp. The shares will be repurchased under the company’s recently increased $600 million share buyback program, and funded with cash on hand and borrowing, Lululemon said. Advent also has told Lululemon that it has sold an additional 6.7 million shares of the company’s stock.
Lululemon Athletica Inc. said late Thursday it has agreed to buy back 3.3 million of its shares in a private transaction with funds affiliated with Advent International Corp. The shares will be repurchased under the company's recently increased $600 million share buyback program, and funded with cash on hand and borrowing, Lululemon said. Advent also has told Lululemon that it has sold an additional 6.7 million shares of the company's stock. "Today's partial sale is consistent with our planned monetization of our interest in Lululemon.
lululemon athletica inc. (LULU) announced today that it has agreed to repurchase 3.3 million shares of its common stock in a private transaction with funds affiliated with Advent International Corporation (Advent). Advent has also informed lululemon that it has sold an additional 6.7 million shares of the company’s common stock pursuant to Rule 144. Prior to these sales, Advent owned approximately 20.1 million shares of lululemon common stock.
Athletic retail brand Under Armour Inc (NYSE:UAA) just dropped the Project Rock 1 athletic sneakers, and they were a major hit. The shoes, which are a result of collaboration with Under Armour athlete and celebrity Dwayne “The Rock” Johnson, sold out within 30 minutes on Under Armour’s website. It took only 30 minutes for the Project Rock shoes to sell out everywhere.
It’s been an incredible first half of 2018 for Lululemon Athletica inc. (NASDAQ:LULU). LULU stock is up 50% year-to-date, and the company just delivered an astoundingly good earnings growth. What comes next for Lululemon?
Lululemon Athletica (LULU) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
NEW YORK, June 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Horizon ...
Zacks.com highlights: Lululemon Athletica, Domino's Pizza, Burlington Stores and Align Technology
Hylete Raising $6.25 Million in Shares, $5 Million in Bonds The typical apparel company has the weight of the world on its shoulders: There are whims of fashion, tenuous relationships with retailers, and the risk of simply making too much of the wrong thing. Could there be a business model that cuts through the […]
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Colgate, CME Group, Tesla and Lululemon
Wall Street was quick to respond to Lululemon Athletica’s (LULU) strong performance in the first quarter of 2018. At least 14 investment firms raised their target prices for the company. The stock prices of competitors Nike (NKE) and Under Armour (UAA) are also expected to fall.
Buoyed by its first-quarter performance, Lululemon Athletica’s (LULU) management raised the company’s 2018 guidance. The updated guidance reflects a 15% increase at the midpoint compared to last year and assumes a high-single-digit growth in comparable sales. The effective tax rate for the year is projected at 30% compared to 29% guided earlier.
As we saw in the previous part of this series, Lululemon Athletica (LULU) had a healthy top-line growth in the first quarter, driven by an impressive increase in comps. Its gross margin improved 370 basis points to 53.1% of sales during the quarter. Behind this improvement was a 120-basis-point increase in product margins, driven by a favorable product mix, a fall in product costs, and lower markdowns compared to Q1 2017.