Here’s What Dragged Lululemon Athletica (LULU) in Q1

From Yahoo Finance: 2025-05-12 09:00:00

Diamond Hill Capital released its first-quarter 2025 investor letter, showing mixed market performance. The portfolio trailed the Russell 1000 Value Index, returning 1.36% (net) vs 2.14% for the index. Lululemon Athletica Inc. (NASDAQ: LULU) was highlighted with a one-month return of 7.18% and a market cap of $33.616 billion on May 9, 2025.

In Q1 2025, Diamond Hill Large Cap Fund mentioned Lululemon Athletica Inc. (NASDAQ: LULU) in its investor letter, noting concerns about brand saturation but expressing confidence in the company’s growth potential. The stock’s one-month return was 7.18%, with shares closing at $279.77 on May 9, 2025.

Lululemon Athletica Inc. (NASDAQ: LULU) was not among the 30 most popular stocks among hedge funds in Q4 2024. However, the company’s fourth-quarter net revenue increased 13% to $3.6 billion. While Lululemon Athletica Inc. (NASDAQ: LULU) shows promise, hedge funds are focusing on AI stocks for higher returns in a shorter timeframe, with NVIDIA being a key player.



Read more at Yahoo Finance: Here’s What Dragged Lululemon Athletica (LULU) in Q1