From Nasdaq:

LULU stock has seen a significant 52% increase in the last twelve months, with revenue up 20.1% to $6.4 billion in the first three quarters of fiscal 2023. However, its P/E ratio is 63x, which is 34% higher than previous levels, making it look overvalued compared to industry peers.

In fiscal Q3, Lululemon’s revenue rose 19% to $2.2 billion, while adjusted earnings increased 27% to $2.53 per share. The company forecasts its 2023 revenue to be $9.6 billion, up 18% y-o-y, and plans to generate $12.5 billion in revenue by 2026 through international expansion and men’s apparel segment growth.

Comparing LULU’s returns to the S&P 500 shows that Lululemon’s stock had a 663% total return from 2017-2024, exceeding the S&P’s 109% return. With this impressive performance, it’s clear that LULU is an attractive stock.



Read more: Lululemon Stock Up 52% In Past Year. What Should You Expect Now?