Alert: New Earnings Report (8/29/24)-Lululemon Athletica Inc (NASDAQ: LULU).

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Lululemon Athletica Inc (NASDAQ: LULU) has reported E.P.S. of $3.15 for its second fiscal quarter (ending July 31) versus $2.69 for the same period a year ago. E.P.S. were $12.97 for the latest four quarters through July 31 versus $7.91 for the same period a year ago.

Recent Price Action

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Lululemon Athletica Inc (NASDAQ: LULU) stock rose slightly by 0.07% on 8/29/24. The stock closed at $259.01. Moreover, trading volume in this advance was exceptionally high at 205% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -2.5% during the last week.

Current PriceTarget Research Rating

LULU’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Lululemon Athletica has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Lululemon Athletica has a neutral Appreciation Score of 56 but a very low Power Rating of 3, and the Lowest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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