Could Lululemon Be a Millionaire-Maker Stock?
Lululemon Athletica (NASDAQ: LULU) has likely helped mint a few millionaires since its public debut in 2007. A $20,000 investment in the Canadian yoga and athleisure apparel maker's initial public offering back then would be worth about $1.02 million today. The company has carved out a sizeable niche in the market with its high-end products, fostered brand loyalty with free yoga classes and other events, and expanded its direct-to-consumer business to curb its dependence on wholesale retailers.
From fiscal 2007 to fiscal 2022 (which ended last January), Lululemon's revenue rose at a compound annual growth rate (CAGR) of 26% as its net income grew at a CAGR of 25%.
That past performance was incredible, but can Lululemon keep it going and mint even more millionaires over the next two decades?
Source Fool.com
Lululemon Athletica Inc. Aktie
Die Lululemon Athletica Inc. Aktie ist etwas beliebter: Mehr Buy- (87) als Sell-Einschätzungen (5).
Ein Kursziel von 457 € für Lululemon Athletica Inc. signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 284.75 €.
