Lululemon's momentum from 2021 continued in the initial months of 2022 as well and the year is off to a strong start. Revenue increased 32% year over year and 27% on a 3-year CAGR basis in the first quarter, while adjusted earnings per share increased 28% and 26%, respectively. Both these numbers were above Wall Street expectations. Lululemon’s core and new merchandise continue to receive a positive response from their customers. The company's product continues to drive demand and the management ....
20 Jun 2022
Lululemon Athletica Inc.: Category Expansion & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (06/22)
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Lululemon Athletica Inc.: Category Expansion & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (06/22)
- Published:
20 Jun 2022 -
Author:
Ishan Majumdar -
Pages:
26
Lululemon's momentum from 2021 continued in the initial months of 2022 as well and the year is off to a strong start. Revenue increased 32% year over year and 27% on a 3-year CAGR basis in the first quarter, while adjusted earnings per share increased 28% and 26%, respectively. Both these numbers were above Wall Street expectations. Lululemon’s core and new merchandise continue to receive a positive response from their customers. The company's product continues to drive demand and the management ....