Lululemon (LULU) Boasts Earnings & Price Momentum: Should You Buy?

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Focus List Spotlight: Lululemon (LULU)

Founded in 1998 and based in Vancouver, Canada, lululemon athletica inc. is a yoga-inspired athletic apparel company that creates lifestyle components. The company designs, manufactures and distributes athletic apparel and accessories for women, men and female youth.

On December 12, 2017, LULU was added to the Focus List at $73.64 per share. Shares have increased 374.47% to $349.40 since then, and the company is a #3 (Hold) on the Zacks Rank.

For fiscal 2022, 10 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.27 to $6.75. LULU boasts an average earnings surprise of 24.1%.

Additionally, LULU's earnings are expected to grow 43.6% for the current fiscal year.

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