AEO Nov 2024 26.000 put
| Previous Close | 4.0000 |
| Open | 4.0000 |
| Bid | 4.6500 |
| Ask | 4.8000 |
| Strike | 26.00 |
| Expire Date | 2024-11-15 |
| Day's Range | 4.0000 - 4.0000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1 |
- Yahoo Finance Video
Why the denim comeback is bad news for LuluLemon: Analyst
Wide-leg and denim styles are making a comeback in the fashion world. However, as the trend returns, questions arise about its implications for athleisure companies like Lululemon (LULU). Barclays' Consumer Discretionary Analyst Adrienne Yih joins Market Domination to discuss the potential impact of this fashion shift. Yih notes that denim is experiencing a resurgence after nearly 17 years — with jeggings, skinny jeans, and athleisure dominating recent trends. She suggests that the economy is in the "early adoption to mass adoption" phase of wide-leg denim, signaling a shift in consumer preferences. While athleisure companies like Lululemon offer wider-leg options for comfort, Yih emphasizes that "the actual trend is grounded in denim." Consequently, she believes consumers will spend more on brands specializing in denim offerings, such as American Eagle (AEO). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
ZacksAre You a Value Investor? This 1 Stock Could Be the Perfect Pick
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
ZacksHow to Find Strong Buy Retail and Wholesale Stocks Using the Zacks Rank
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
