lululemon athletica Accelerates Growth, Raises Guidance
Three months ago, shares of lululemon athletica (NASDAQ: LULU) jumped higher after the company not only beat expectations with its fiscal first-quarter results but also announced it would restructure its kidcentric ivivva concept to be primarily an e-commerce brand. Now, lululemon stock is rising again on the heels of the yoga apparel specialist's fiscal second-quarter report, punctuated by strong comparable-sales growth, impressive gains from the direct-to-consumer segment, and generally positive trends favoring the overall business.
Let's stretch out to get a closer look at what lululemon accomplished over the past few months, as well as what investors can expect from the company going forward.
IMAGE SOURCE: LULULEMON ATHLETICA.
Source: Fool.com
Lululemon Athletica Inc. Stock
Our community is currently high on Lululemon Athletica Inc. with 91 Buy predictions and 6 Sell predictions.
As a result the target price of 453 € shows a very positive potential of 94.05% compared to the current price of 233.45 € for Lululemon Athletica Inc..