Lululemon Stock: Too Cheap to Ignore?
Lululemon Athletica's (NASDAQ: LULU) dismal year just got even worse.
The stock tumbled 18.6% on Sept. 5 after it once again missed estimates and cut its full-year guidance due to weakness in the U.S. as it faces a range of challenges, some short-term and others more structural. The stock is now down 56% this year, a remarkable collapse for what has been one of the best-performing apparel stocks of the last 20 years.
Revenue increased 7% to $2.53 billion in the quarter, slightly below the consensus at $2.54 billion, but nearly all of its growth came from new stores as comparable sales were up just 1% in the period.
Source Fool.com
Lululemon Athletica Inc. Aktie
139,80 €
-2,25 %
Die Community bevorzugt leicht Lululemon Athletica Inc., mit etwas mehr Buy- (34) als Sell-Einschätzungen (5).
Für Lululemon Athletica Inc. ergibt sich mit einem Kursziel von 259 € eine mögliche Steigerung von über 50% gegenüber 139.8 €.
