Previous Close | 0.0500 |
Open | 0.0500 |
Bid | 0.0000 |
Ask | 0.5100 |
Strike | 425.00 |
Expire Date | 2024-05-24 |
Day's Range | 0.0500 - 0.0500 |
Contract Range | N/A |
Volume | |
Open Interest | 42 |
As major retailers continue to report earnings this week, investors should be thinking more about the brands filling store shelves. EquitySet CEO Tony Zipparro makes the case for including the top athleisure and apparel brands in your portfolio. "A lot of what we're seeing with names like Nike (NKE), Under Armour (UA, UAA), Lululemon (LULU) is it's really already priced in, right? So if they don't do well, you've seen them fall 20, 30%, whereas yes, there is a chance that they're losing market share. But a lot of that market share is growing... There's reports out that right now around $330 billion in athleisure consumer spending. That is supposed to be at a 9.3% compound annual growth rate until 2030, which puts the market nearly double," Zipparro says, believing these brands are "fine" on their valuations. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
lululemon (LULU) has been showcasing growth across channels, regions and product categories. This underscores the company's ability to attract and retain customers, both in-store and online.
By focusing on the entire lifecycle of a product, business stakeholders become stewards of resources rather than procurers or vendors.