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Has lululemon athletica (LULU) Outpaced Other Consumer Discretionary Stocks This Year?

Zacks Equity Research

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. lululemon athletica (LULU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of LULU and the rest of the Consumer Discretionary group's stocks.

lululemon athletica is one of 244 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. LULU is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for LULU's full-year earnings has moved 2.35% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

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According to our latest data, LULU has moved about 62.92% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of 15.07%. This means that lululemon athletica is performing better than its sector in terms of year-to-date returns.

Looking more specifically, LULU belongs to the Textile - Apparel industry, a group that includes 22 individual stocks and currently sits at #165 in the Zacks Industry Rank. On average, this group has gained an average of 15.28% so far this year, meaning that LULU is performing better in terms of year-to-date returns.

Investors in the Consumer Discretionary sector will want to keep a close eye on LULU as it attempts to continue its solid performance.


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Zacks Investment Research