LULU

Lululemon Athletica inc.

Consumer


Presented:09/03/2020
Price:$377.87
Cap:$49.24B
Current Price:$287.48
Cap:$35.30B

Presented

Date09/03/2020
Price$377.87
Market Cap$49.24B
Ent Value$28.57B
P/E Ratio85.6x
Book Value$14.10
Div Yield0%
Shares O/S130.30M
Ave Daily Vol1,826,932
Short Int2.82%

Current

Price$287.48
Market Cap$35.30B
lululemon athletica, Inc. engages in the designing, distributing and retail of athletic apparel and accessories. It company operates through the following business segments: Company-Operated Stores, Direct to Consumer. The Company-Operated Stores segment comprises of lululemon and ivivva brands; and specialize in athletic wear for female youth. The Direct to Consumer segment is involved in e-commerce business. The company was founded by Dennis J. Wilson in 1998 and is headquartered in Vancouver, Canada.

Publicly traded companies mentioned herein: adidas AG (ADS GR), Gap Inc/The (GPS), Lululemon Athletica Inc (LULU), NIKE Inc (NKE), Under Armour Inc (UA)

Highlights

The presenter is short shares of the athleisure retailer Lululemon Athletica Inc (LULU). His thesis is driven by near term catalysts of Q4 supply chain issues, increased competition as COVID-19 related market shifts normalize, lackluster performance in new product lines, as well as his analysis indicating that the TAM of its offerings isn’t large enough to justify its valuation of 70x earnings and 12x revenue.

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Idea Discussion

Commentor 1 - 2 weeks ago

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