Lululemon is experiencing another growth spurt after expanding its line of athletic wear and its global footprint. Last quarter the company reported a small increase in U.S. sales, a 39% increase in sales in China and a 27% jump in sales in the rest-of-the-world category.
Top-ranked Lululemon Athletica stock closed at 206.01 at the start of last August. Monday it closed at 410.29, down fractionally in sync with a market pullback, but up 82% over the last six months. It's riding its latest growth wave but has a ways to go to hit its all-time high price above 516 in December 2023 amid the pandemic home workout boom.
Lululemon No. 1 In Its Industry, In Top 4% Of All Stocks
Reflecting its recent success, LULU stock got an improvement on its IBD SmartSelect Composite Rating Friday, from 94 to a near-best 96. The upgraded 96 Composite Rating puts LULU stock among the top 4% overall for a group of technical and fundamental metrics.
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Lululemon Athletica broke out from a flat base earlier, and continues to trade near the prior 420.21 entry from a flat base.
Its Other Ratings Also Shine
Among its other ratings Lululemon boasts a 95 EPS Rating out of 99 and an A SMR Rating (sales + profit margins + return on equity). It sports an impressive B+ Accumulation/Distribution Rating too, showing that big funds are eager buyers of its stock.
Lululemon Athletica holds the No. 1 rank among its peers in the 30-stock Retail-Apparel/Shoes/Accessories industry group. Boot Barn Holdings and Burlington Stores are also among the group's highest-rated stocks.
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