LULU stock is down 40% this year but there's more to the story.
While the company's earnings report sent the stock soaring, analysts say the results might not be enough to counter long-term growth concerns.
Lululemon has seen success with its Two-Tone Canvas Tote Bag, which sold out almost instantly, but the company said it had a “missed opportunity” by not amassing enough supply last quarter.
Lululemon (LULU) is off of session-highs after an earnings rally. Its 1Q adjusted EPS came in at $2.54 versus an estimated $2.83 and revenue came in at $2.21B versus an estimated $2.20B.
Simeon Siegel, managing director of BMO Capital Markets, joins CNBC's 'The Exchange' to discuss outlooks on Lululemon, retail stocks, and more.

2 Retail Stocks Making Sharp Moves After Earnings

02:10pm, Thursday, 06'th Jun 2024
Next week, retail sales for the last month are due out.
Lululemon Athletica Inc (NASDAQ:LULU) shares traded higher after the athletic apparel retailer reported better-than-expected first quarter results, but analysts at Jefferies remain bearish on the stoc
Shares of Lululemon (LULU) are rising after beating first quarter earnings estimates and raising its share buyback program to $1 billion. BTIG Consumer Retail and Lifestyle Brands Analyst Janine Stich
lululemon's (LULU) Q1 results benefit from the momentum in its international business, innovative product offerings and progress on optimizing the U.S. product assortments.

Lululemon Stock Rallying Back to Its True Value

08:30am, Thursday, 06'th Jun 2024
After trading down to a tragic 60% of their 52-week high levels, shares of Lululemon Athletica Inc. NASDAQ: LULU just gave fundamental investors another reason to add this stock to their potential buy

Morning Minute: Thursday, June 6

08:11am, Thursday, 06'th Jun 2024
Nvidia (NVDA) joins the $3T market cap club, Lululemon (LULU) shares leap after earnings, and Five Below (FIVE) drops after 1Q earnings. #nvidia #nvda #lululemon #lulu #fivebelow #stockmarket ========
Lululemon Athletica (LULU) shares jumped more than 8% ahead of Thursday's opening bell after the activewear retailer posted better-than-expected quarterly results, raised its full-year earnings guidan

These Stocks Are Moving the Most Today

07:29am, Thursday, 06'th Jun 2024
Lululemon reported stronger first-quarter earnings than Wall Street expected, while Five Below cut its full-year outlook.
Brian Nagel of Oppenheimer & Co. discusses Lululemon's earnings report and says China is one of its biggest growth markets.

Why Lululemon's Stock Is Going Out of Fashion

06:00am, Thursday, 06'th Jun 2024
As it expands beyond yoga, the company's growth is slowing in its key market and it faces tough competition.
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